asked 39.5k views
0 votes
profits cannot be included in logarithmic form because profits are negative for nine of the companies in the sample. True or False

1 Answer

4 votes

Answer: False. Profits can be included in logarithmic form, regardless of whether they are positive or negative. Logarithms are mathematical functions that can handle a wide range of numbers, including negative values. In fact, logarithms are often used to analyze and compare data with both positive and negative values, such as financial data. Logarithmic transformations are commonly used in finance and economics to normalize data and make it easier to interpret and analyze. So, there is no restriction on including profits in logarithmic form based on their positivity or negativity

Step-by-step explanation:

answered
User Biff
by
8.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories