I have a data set to which I want to apply a non-linear regression. I have found the best-fit equation which is:
y=a + b * e^(-x/c)
Does anyone know what the parameters stand for (in layman's terms ) ? How they effect the shape of the function?
I know that:
Someone suggested that b=amplitude and c=phase but how does this apply to an exponential function?
This is a very odd question. Call them "Steve", if you like. What meanins do they need?
Generally, spltting things up and dividing and readjusting leads to interesting insights, but there is not necessarily anything mandatory to call things. You should pick somehting meaningful to you and to your application.