I work in a place full of statisticians, and we've had to unfortunately have numerous conversations with some of them about the difference between "a decrease" and "a decrease in the rate." Apparently "it's increasing slower" isn't clear enough for some.
Maybe I'm understanding wrong but a decrease in the rate would be the derivative of a decrease. Aka the slope of the line. So if you are decreasing at -x. Rate of decrease is -1.
Unless I follow your wording incorrectly. Obviously it isn't always so nice of a function in real stats. Is that what they are missing?
I work in a place full of statisticians, and we've had to unfortunately have numerous conversations with some of them about the difference between "a decrease" and "a decrease in the rate." Apparently "it's increasing slower" isn't clear enough for some.
Maybe I'm understanding wrong but a decrease in the rate would be the derivative of a decrease. Aka the slope of the line. So if you are decreasing at -x. Rate of decrease is -1.
Unless I follow your wording incorrectly. Obviously it isn't always so nice of a function in real stats. Is that what they are missing?