One of the concepts I teach in my Quantitative Reasoning class is the idea of “Exponential Growth.” Such growth, where a variable grows by a fixed percent, is found in such things as population growth ...
Most people underestimate exponential growth, including when it comes to the spread of the coronavirus. The ability to grasp the magnitude of exponential growth depends on the way in which it is ...
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In everyday speech, exponential growth means runaway expansion. Math class taught us that compound interest, population increase, or radioactive decay are all applications of exponential functions.
You’ve probably heard the term tossed around in recent weeks — exponential growth. But what is it, and what does it have to do with the coronavirus pandemic? The phrase, sometimes used in math classes ...