Mandelbrot's equation is correctly expressed as z -> z^2 + c, which denotes an iteration rather than an equation. Alternative forms like z = z^2 + c or f(z) = z^2 + c do not accurately represent the iterative process intended by Mandelbrot. The notation z = z^2 + c only holds true for specific values of z, while f(z) treats z as a variable, diverging from Mandelbrot's use of z as a specific test point. Although some sources may use f(z) in discussions about the Mandelbrot set, this can lead to confusion if not properly contextualized. It is essential to adhere to conventional definitions in mathematical discussions to avoid misinterpretation.