SOLUTION: when people type this: "^" in an equation, does it mean an exponent? if not, what does it mean?

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Question 11143: when people type this: "^" in an equation, does it mean an exponent? if not, what does it mean?
Answer by Earlsdon(6294) About Me  (Show Source):
You can put this solution on YOUR website!
Yes, that's exactly what it means.
x^2 means x squared.
y^3 means y cubed.