Yep, it's
![](https://latex.codecogs.com/png.latex?\bg_white y=3\times 10^x)
. Here's a way to derive it:
The "
y-axis", corresponds to the following: going up a physical distance of
d units on the
y-axis represents the value
y = 10
d. So
d = log
10 y, where
y is the reading on the
y-axis when you go up
d units.
The slope of the line is
![](https://latex.codecogs.com/png.latex?\bg_white m=\frac{d_2 - d_1}{2-1})
, where
![](https://latex.codecogs.com/png.latex?\bg_white d_2)
is the distance along the
y-axis at
x = 2 (which is log
300, as
y = 300 here) and
![](https://latex.codecogs.com/png.latex?\bg_white d_1)
is the distance along the
y-axis at
x = 1 (which is log
10 30, as
y = 30 here). (Note that the
x-axis is linear and 1:1 scale, i.e. a distance of
d along it represents a value of
d for
x, which is why the denominator in the slope formula is just
![](https://latex.codecogs.com/png.latex?\bg_white 2-1)
.)
So the slope of this straight line is
![](https://latex.codecogs.com/png.latex?\bg_white \frac{\log_{10} 300 - \log_{10}30}{2-1}=1)
(using log laws to simplify).
So the equation of the straight line is
![](https://latex.codecogs.com/png.latex?\bg_white \text{distance along } y\text{-axis} = 1\cdot x + \text{distance along }y\text{-axis when }x=0)
(this is just slope-intercept form of a straight line when the axes are to scale, i.e. a distance of
d along each axis represents a value of
d of that variable).
i.e.
![](https://latex.codecogs.com/png.latex?\bg_white \log_{10}y=x+\log_{10}3\Rightarrow y = 10^{x+\log_{10}3}=3\times 10^x)
(using log laws and index laws).