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What do you mean when you say something a change is exponential?

Asked by roundsquare (5522points) October 25th, 2010

I know what it means in mathematics, but I realized recently people use it to mean different things.

1. Some people just use it to mean “a big change.”
2. Some people use it to mean “anything not linear.” I.e. with an exponent.
3. In mathematics, its a very specific functional form.

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