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Sec 3.1 – Exponential Functions DEFINITION: An exponential function f is given by f (x) a x , where x is any real number, a > 0, and a ≠ 1. The number a is called the base. x Examples: x 1 f x 2 x , f x , f x 0.4 2 Examples of problems involving the use of exponential functions: growth or decay, compound interest, the statistical "bell curve,“ the shape of a hanging cable (or the Gateway Arch in St. Louis), some problems of probability, some counting problems, the study of the distribution of prime numbers. 2012 Pearson Education, Inc. All rights reserved Sec 3.1 – Exponential Functions −𝑥 𝑦=2 2012 Pearson Education, Inc. All rights reserved 𝑦 = 𝑒𝑥 𝑦 = 2𝑥 Sec 3.1 – Exponential Functions DEFINITION: e lim 1 h 2.718281828459 1h h0 e is called the natural base. THEOREM 1 The derivative of the function f given by f x e x is: d x f x f x , or e ex dx 2012 Pearson Education, Inc. All rights reserved Sec 3.1 – Exponential Functions THEOREM 2 d f (x) f (x) e e f (x) dx d u u du e e dx dx The derivative of e to some power is the product of e to that power and the derivative of the power. 2012 Pearson Education, Inc. All rights reserved Sec 3.1 – Exponential Functions Find the derivatives: 𝑦= 2 +3𝑥 2𝑥 𝑒 𝑑𝑦 = 𝑦= 𝑑𝑦 2 +3𝑥 2𝑥 𝑒 4𝑥 + 3 𝑑𝑥 5 4 𝑥 𝑥 𝑒 5 = 𝑥 4 𝑒 𝑥 5𝑥 4 𝑑𝑥 𝑑𝑦 = 5 8 𝑥 5𝑥 𝑒 +4𝑥 3 5 3 𝑥 + 4𝑥 𝑒 2012 Pearson Education, Inc. All rights reserved 5 𝑥 𝑒 𝑑𝑥 𝑑𝑥 Sec 3.1 – Exponential Functions Find the derivatives: 𝑥 2 + 3𝑒 𝑥 𝑦= 2𝑒 𝑥 − 𝑥 𝑑𝑦 = 2𝑒 𝑥 − 𝑥 2𝑥 + 3𝑒 𝑥 𝑑𝑥 − 𝑥 2 + 3𝑒 𝑥 2𝑒 𝑥 − 1 𝑑𝑥 2𝑒 𝑥 − 𝑥 2 4𝑥𝑒 𝑥 + 6𝑒 2𝑥 − 2𝑥 2 − 3𝑥𝑒 𝑥 − 2𝑥 2 𝑒 𝑥 + 𝑥 2 − 6𝑒 2𝑥 + 3𝑒 𝑥 𝑑𝑦 = 𝑑𝑥 𝑥 2 2𝑒 − 𝑥 𝑥𝑒 𝑥 − 𝑥 2 − 2𝑥 2 𝑒 𝑥 + 3𝑒 𝑥 𝑑𝑦 = 𝑑𝑥 𝑥 2 2𝑒 − 𝑥 2012 Pearson Education, Inc. All rights reserved Sec 3.1 – Exponential Functions Find the critical values, intervals of inc./dec., points of inflection, and the intervals of concavity. 𝑑𝑦 𝑦 = 𝑒 −2𝑥 = −2𝑒 −2𝑥 𝑑𝑥 𝑑𝑦 −2𝑥 −2 = 𝑒 𝑑2 𝑦 𝑑𝑥 −2𝑥 (−2) = −2𝑒 −2𝑥 0 = −2𝑒 𝑑𝑥 2 −2 4 𝑑2𝑦 −2𝑥 0 = 2𝑥 0 = 2𝑥 = 4𝑒 2 𝑒 𝑒 𝑑𝑥 𝑑𝑦 𝑑𝑦 2𝑦 2𝑦 𝑑 𝑑 ≠0 ≠ 𝑢𝑛𝑑 ≠ 𝑢𝑛𝑑. 𝑑𝑥 ≠0 𝑑𝑥 2 2 𝑑𝑥 𝑑𝑥 𝑑𝑦 𝑖𝑠 𝑎𝑙𝑤𝑎𝑦𝑠 𝑛𝑒𝑔𝑎𝑡𝑖𝑣𝑒 𝑑2 𝑦 𝑑𝑥 𝑖𝑠 𝑎𝑙𝑤𝑎𝑦𝑠 𝑝𝑜𝑠𝑖𝑡𝑖𝑣𝑒 2 𝑑𝑥 ∴ 𝑑𝑒𝑐: −∞, ∞ ∴ 𝐶𝑈: −∞, ∞ 2012 Pearson Education, Inc. All rights reserved Sec 3.1 – Exponential Functions 𝑦 = 𝑒 −2𝑥 𝑑𝑒𝑐: −∞, ∞ 𝐶𝑈: −∞, ∞ 2012 Pearson Education, Inc. All rights reserved Sec 3.1 – Exponential Functions Find the equation of the line tangent to the graph of 𝑓 𝑥 = 𝑒 2𝑥 at the point (0, 1). 𝑓(𝑥) = 𝑒 2𝑥 𝑓′(𝑥) = 𝑒 2𝑥 2 𝑓′(𝑥) = 2𝑒 2𝑥 𝑓′(0) = 2𝑒 2(0) 𝑓′ 0 = 2 𝑦 − 1 = 2(𝑥 − 0) 𝑦 − 1 = 2𝑥 𝑦 = 2𝑥 + 1 2012 Pearson Education, Inc. All rights reserved Sec 3.1 – Exponential Functions The amount of money spent (in billions of dollars) by Americans on organic food and beverages since 1995 can be approximated by: 𝐴 𝑡 = 2.43𝑒 0.18𝑡 . The variable t represents the number of year after 1995. a) How much was spent in 2009? b) Approximate the rate of growth in 2006. 𝐴 𝑡 = 2.43𝑒 0.18𝑡 𝐴 𝑡 = 2.43𝑒 0.18𝑡 𝑡 = 2009 − 1995 = 14 𝐴′ 𝑡 = 2.43𝑒 0.18𝑡 (0.18) 𝐴 14 = 2.43𝑒 0.18(14) 𝐴′ 𝑡 = 0.4374𝑒 0.18𝑡 𝐴 14 = $30.2 𝑏𝑖𝑙𝑙𝑖𝑜𝑛 𝑡 = 2006 − 1995 = 11 𝐴′ 11 = 0.4374𝑒 0.18(11) 𝐴′ 2012 Pearson Education, Inc. All rights reserved 11 = $3.17𝑏𝑖𝑙𝑙𝑖𝑜𝑛/𝑦𝑟 Sec 3.1 – Exponential Functions 2012 Pearson Education, Inc. All rights reserved