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Chapter 3: Exponential, Logistic, and Logarithmic Functions Overview of Chapter 3 So far in this course, we have mostly studied algebraic functions, such as polys, rationals, and power functions w/ rat’l exponents… The three types of functions in this chapter (exponential, logistic, and logarithmic) are called transcendental functions, because they “go beyond” the basic algebra operations involved in the aforementioned functions… Consider these problems: Evaluate the expression without using a calculator. 3 216 6 3 6 3 125 125 5 2. 3 3 8 2 8 23 3 23 2 3. 27 3 3 9 1. 4. 52 4 2 3 2 52 2 32 5 We begin with an introduction to exponential functions: First, consider: f x x 2 This is a familiar monomial, and a power function… one of the “twelve basics?” Now, what happens when we switch the base and the exponent ??? g x 2 x This is an example of an exponential function Definition: Exponential Functions Let a and b be real number constants. An exponential function in x is a function that can be written in the form f x a b x where a is nonzero, b is positive, and b = 1. The constant a is the initial value of f (the value at x = 0), and b is the base. Note: Exponential functions are defined and continuous for all real numbers!!! Identifying Exponential Functions Which of the following are exponential functions? For those that are exponential functions, state the initial value and the base. For those that are not, explain why not. x 1. x 4. Initial Value = 1, Base = 3 Initial Value = 7, Base = 1/2 4 f x 3 2. k x 7 2 g x 6x Nope! g is a power func.! 3. h x 2 1.5 x Initial Value = –2, Base = 1.5 5. q x 5 6 Nope! q is a const. func.! More Practice with Exponents f x 2 , find an exact value for: 4 0 2. f 0 2 1 f 4 2 16 1 1 3 f 3 2 3 0.125 2 8 1 12 f 2 2 1.414 2 1 1 2 3 3 2 f 2 3 2 2 8 4 2 Given 1. 3. 4. 5. x Finding an Exponential Function from its Table of Values Determine the formula for the exp. func. g: General Form: x x g(x) g x a b –2 4/9 –1 4/3 0 4 1 2 12 36 x3 x3 x3 x3 The Pattern? Initial Value: g 0 4 a 4 Solve for b: g 1 4 b 12 b 3 1 Final Answer: g x 4 3 x Finding an Exponential Function from its Table of Values Determine the formula for the exp. func. h: x General Form: h x a b x h(x) Initial Value: h 0 8 a 8 –2 128 x 1/4 Solve for b: –1 32 x 1/4 h 1 8 b1 2 b 1 4 0 8 x 1/4 Final Answer: 1 2 x 1/4 x 2 1/2 The Pattern? 1 h x 8 4 How an Exponential Function Changes (a recursive formula) For any exponential function number x, f x a b x and any real f x 1 b f x If a > 0 and b > 1, the function f is increasing and is an exponential growth function. The base b is its growth factor. If a > 0 and b < 1, f is decreasing and is an exponential decay function. The base b is its decay factor. Does this formula make sense with our previous examples?