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Regarding “Holes” in bands, and Photons

So from learning Band theory, and PN Junction and such, I've learned that photons are created when "holes" are filled in a band, and this is what can create light (Isn't this how LEDs work?) Anyways, ...
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Resistance of Light Dependent Resistor (LDR)

Is there a mathematical expression relating the resistance of Light Dependent Resistor (LDR) with light intensity?