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I know this is a complicated problem,
and I don't have time
to pursue it now. However, my sense is that when we "eye-ball" a good
straight-line to the data on a log-log plot, we are in fact doing an
imprecise least-squares fit to the log-log data
and not to the raw data.
With the very high R-squared values (and what does that mean
for log-log plots?) that we usually work with in undergraduate labs,
probably none of these concerns make a large difference in the
constants of the defining relationship.