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Ch 3 Exponential Functions Bl 3.notebook C April 16, 2013 Chapter 3 Exponential Functions Logistic Functions Logarithmic Functions ` Mar 179:06 PM Exponential Functions Equation: y = abx a is the initial value b is the growth factor and r is the rate of growth (1 + r) = b when b > 1 exponential growth (r > 0) when 0 < b < 1 exponential decay (r < 0) Verbal Representation Exponential Growth Decay Compound Interest Radiactive Decay Population Growth Half Life Appreciation Depreciation Mar 179:12 PM 1 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Mar 179:45 PM Explain how you know that this table of values is exponential Mar 179:46 PM 2 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Mar 179:10 PM Mar 179:10 PM 3 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Finding the equation of an Exponential Function Given a starting point and the percent of growth. Ex: The population in Mexico grows at a rate of 2.6% per year. In 1980 there were 67.38 million people. Growth Factor is b = 1 +.026 Let t=0 in 1980, then a = 67.38 P=67.38(1.026)t Mar 298:23 PM On August 2,1988 a US District Court imposed a fine on the city of Yonkers NY for defying a federal court order involving housing desegregation. The fine started out as $100 for the first day and doubled daily until the city chose to obey the court order. What was the daily percent growth rate of the fine? (200%) Find a formula for the fine as a function of t, the number of days since August 2, 1988. 100(2)x If Yonkers waited 30 days before obeying the court order, what was the fine? 100(230)=10,737,418,240 Mar 299:08 PM 4 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Class work/discussion p270 1-10, 25 to 30, 31 to 34 p 279 1-18 Homework p 270 # 11-14 p 279 # 21,29,31,32 Mar 1710:28 PM p 270 #1112 x f(x) g(x) 2 6 108 1 3 36 0 3 36 1 3/2 12 2 3/8 4/3 13 14 (0,3) (2,6) (0,2) (1, 2/e) Apr 109:15 AM 5 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 0 p 279 21) (0,4) (5,600.25) 29) (475,000) 3.75% each year When 1 million 31) yr 1890 -> 6250 people growth 2.75% yr 1915 _______ yr ? 50,000 yr 1940 32) yr 1910 -> 4200 rate2.25% yr ? 20,000 Yr 1930 yr 1945 Apr 109:21 AM Goal: Another exponential function Discovering e What is the number e? Compound interest limit of compounding Mar 299:04 PM 6 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Mar 179:56 PM e = lim (1 + 1/x)x x-> ∞ Mar 1710:05 PM 7 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Mar 1710:00 PM Mar 1710:01 PM 8 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Mar 1710:02 PM The number e is a famous irrational number. (almost as important as π) It is found in many applications of mathematics. The first few digits of e are 2.7182818284590452353602874713527 It is often known as Euler's number after Leonhard Euler Mar 299:19 PM 9 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 lim(1+1/n)n = e n->∞ Mar 299:33 PM Any exponential function f(x) = abx can be rewritten as f(x) = a ekx, for an appropriately chosen real number constant k. If a>0 and k > 0, f(x) = a ekx is an exponential growth function If a>0 and k < 0, f(x) = a ekx is an exponential decay function Mar 1710:19 PM 10 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 The Natural Base e Function Family Exponential F(x) = ex Domain Continuity all real numbers Range (0,∞) increasing for all x Decreasing Bounded below by x axis No local extrema End behavior x -> ∞ y->∞ Vertical Asymptote None Horzontal Asymptotes y=0 Symmetry NO x -> -∞ y-> 0 Mar 1710:02 PM Apr 1510:35 AM 11 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Find the equation given two points Find the equation of the exponential function that goes through the point (-2,45/4) and (1, 10/3) Step 1 Write two equations using each of the points in the form y = abx 45/4 = ab-2 10/3 = ab1 Step 2 Divide the equation so the a drops out. and solve for b 27/8 = b-3 or 8/27 =b3 b = 2/3 Step 3 Use b and one of the points to solve for a 10/3 = a(2/3)1 5=a Step 4. Write equation with a and b y = 5 (2/3)x Mar 298:30 PM Classwork FMC Green Book p 117 # 4-7 Precalc: p 126 # 21,25, Homework Precalc Book p 271 # 45-48, 55, 56 FMC p117 #13,15 Mar 298:41 PM 12 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Apr 1211:12 AM (-3, 3.1569) ( 2, 9.2256) Apr 1510:37 AM 13 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Goal: Logistic Growth Exponential and Logistic modeling In many growth situations there is a limit to the possible growth. The growth often begins as an exponential manner, but the growth eventually slows and levels out. Ex: Population in a fixed enviroment (fish in an aquarium) Plant growth Mar 1710:33 PM Logistic Growth Function Let a,b,c and k be positive constants, with b < 1. A logistic growth function in x is a function that can be written in the form c c f(x) = or f(x) = 1 + a e-kx 1 + abx where the constant c is the limit to growth. Mar 1710:39 PM 14 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Basic Logistic Function Function Family Exponential Logistic F(x) = Domain all real numbers Range (0,1) 1 1 + e-x Continuous Concaved up Concaved Down (-∞,0) (0,∞) increasing for all x Decreasing Bounded below and above No local extrema Vertical Asymptote None Horzontal Asymptotes y=0, y = 1 End behavior x -> ∞ y->1 Symmetry NO x -> -∞ y-> 0 Mar 1710:44 PM Graph the function f(x) = 20/(1+2e-3x) Determine the horizontal asymptotes Y-intercept Mar 1710:58 PM 15 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 p270 #49 Logistic Function Function Family Exponential Logistic F(x) = Domain Continuous Concaved up Concaved Down Range increasing 5 1 + 4e-2x Bounded Vertical Asymptote Horzontal Asymptotes End behavior Symmetry x -> ∞ y-> Decreasing local extrema x -> -∞ y-> Mar 1711:05 PM graph y-intercept Mar 1711:11 PM 16 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Ex 1 Suppose a radioactive substance decays at a rate of 3.5% per hour. What percent of the substance is left after 6 hours. Mar 1711:11 PM Ex 2 A new franchise of fast food restaurants is expected to grow at a rate of 8% per year. There are presently 200 restaurants. What is the expected number of restaurants in 15 years? Mar 1711:14 PM 17 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Each year the local country club sponsors a tennis tournament. Play starts with 128 participants. During each round, half of the players are eliminated. How many players remain after 5 rounds? Mar 1711:18 PM In the movie the blob, a substance doubles every 3 hours. The initial mass of a substance is .6 grams. What is the hourly growth rate? How large is the substance after 24 hours? after 3days? Mar 1711:24 PM 18 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Classwork p 280 #24,26,28, 34(Use e), 43 Group discussion; 35-38 Homework p280 # 23,25, 27,33, 39, 44 Mar 1711:18 PM Apr 1612:48 PM 19 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Apr 161:10 PM Solve the equations 5x+1 = 54 72x+1=73x-2 Apr 169:58 AM 20 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Solving equation without logs Rewrite the equation in the same base Work with only the exponents Example 2(X+5) = 8(2x+1) Apr 1511:38 AM 32x-1=27x 53x-8=252x What about 5x=7 Can you do this the same way? Apr 169:52 AM 21 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 What's my inverse? What undoes x+3 x-6 5x x/3 x2 x3 1/x 2x ex Mar 1711:24 PM The inverse of an exponential function f(x)=bx is the logarithmic function with the base of b. If f(x) = bx then f-1(x) = logb(x) If x > 0 and 0 < b≠1, then y=logb(x) iff bY=x Apr 611:07 PM 22 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 log28 = 3 because 23=8 log3√3 = log5(1/25) log41 log77 Apr 611:14 PM Basic Properties of Logarithms • logb1 = 0 • logbb = 1 • logbby = y • blogbx = x Common log is base 10 • log 1 = 0 • log 10 = 1 • log10y = y • 10logx = x Apr 611:24 PM 23 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Because of their special calculus properties, logarithyms with the natural base e are used in so many situations that they have a special notation for a log with base e. THE NATURAL LOG LN LN without a subscript is understood to mean logex =ln x Basic Properties of Natural Logarithms Let x and y be real numbers with x > y • ln1 = 0 because e0=1 • ln e = 1 because e1=1 • lney = y because ey=ey • eln x = x because ln x =ln x Apr 611:37 PM Classwork p291 130 all Homework p 292 3140 p 324 2,4,9,10 Apr 611:47 PM 24 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 What does the graph of a logarithmic function look like. To draw a logarithmic graph first draw the function ex, now draw the feflection over y = x line Apr 611:56 PM The Natural Log (LN) Function Family Inverse function of Exponential ex increasing for all x Decreasing F(x) = ln x Domain Continuous (0,∞) Range all real numbers Bounded on the left by y axis No local extrema End behavior x -> ∞ y->∞ x > 0+ y -> -∞ Vertical Asymptote x=0 Horzontal Asymptotes none Symmetry NO Apr 611:59 PM 25 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Class work p292 4144 Apr 712:02 AM Apr 712:02 AM 26 Ch 3 Exponential Functions Bl 3.notebook April 16, 2013 Apr 712:02 AM 27