what is difference between geometric growth & exponential growth?
Hello,
A geometric growth is a growth where every x is multiplied by the same fixed number, where as an exponential growth is a growth where a fixed number is raised to x. In other words, you pick a number , and each x on the axis is the power that the number is raised to in order to get y. The fundamental difference between the two concept is that a geometric growth is discrete while an exponential growth is continuous.
I hope this will help you.
All the best !!
Reply
Hello,
A geometric growth is a type of growth which happens when a function is multiplied by a same fix number. For example when a function f(x) is multiplied by a number 'n' to get a new value, then again this new value obtained is multiplied by 'n' and so on.
However, exponential growth is a type of growth which happens when a function is raised to a same fixed power every time. For example when a function f(x) is raised to some power say 'n' to get a new value, then again this new value obtained is raised to this power 'n' and so on.
Hope this helps!
