LINEAR GROWTH AND DECAY

Linear Growth :

Linear growth can be modeled by a straight line with a positive slope. 

For example, if James has a piggybank with 75 dollars already in it, and he adds 10 dollars every month, the total amount in the piggybank can be modeled by

A  =  10t + 75

where A is the total amount, t is the number of months, and 50 (the y-intercept) is the initial amount. 

The diagram shown below illustrates the above example. 

Unlike exponential growth, linear growth doesn't have moments when it slows down or speeds up. Here, growth is constant and it goes up by the same amount each time. 

Linear Decay :

Linear decay can be modeled by a straight line with a negative slope.

For example, imagine James now takes 10 dollars every month out of her piggybank, which initially contained 100 dollars. Then, the final amount in the piggybank can be modeled by

A = 100 - 10t

where A is the total amount, t is the number of months, and 100 (the y-intercept) is the initial amount.

The diagram shown below illustrates the above example.

Here, the decrease is at a constant rate and the slope is negative.

Positive Association and Negative Association

Positive Association :

Both exponential growth and linear growth are examples of a positive association between two things.

A positive association happens, when two variables move in the same direction.

That is, an increase on the part of one variable introduces an increase on the part of the other variable or a decrease on the part of one variable introduces a decrease on the part of the other variable.

For example, the number of hours spent on studying and final exam scores :

When the data points are close to forming a smooth line or graph that shows the negative relationship, we can say there is a strong negative association.

The graph above shows a positive association that is quite strong.

Negative Association :

Both exponential decay and linear decay are examples of a negative association between two things.

A negative association happens, when two variables move in the opposite directions.

That is, an increase on the part of one variable results a decrease on the part of the other variable or a decrease on the part of one variable results an increase on the part of the other variable.

For example, the number of absences over the semester and final exam scores :

The graph above shows a negative association that is quite strong.

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