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The Internet Economy
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MTH 207 Lab Lesson 11Exponential Functions
Exponential FunctionsExponential functions are those of the form f(x) = ax.Exponential functions are always increasing (for a > 0) and concave up. > plot(2^x, x=-2..2); > plot(2^x, x=-5..5); > plot(2^x, x=-10..10);
Let f(x) = ax and consider f(x+h)/f(x) = ax+h/ax = ah. Thus the ratio of a exponential functions at equal distance are equal. That is, for fixed h f(x+h)/f(x) is the same regardless of h. Often data is presented in the form of points, this gives us a useful way of checking whether a set of data is related by an exponential function. Consider the following table which gives the worlds population in millions at 50 year intervals from 1750 to 1950:
> L := [ 700, 900, 1200, 1600, 2200 ]; > evalf(L[i]/L[i+1] $ i = 1..4); f(t) = 700 2.4344028242(t - 1750)/50 (2-.4344028242 = 0.74) > f := t -> 700 * 2^(.4344028242 * (t - 1750)/50); > f(1800); > f(1850); > f(1900); > f(1950); Use this approximation to estimate the population in 2000. In fact this estimate is somewhat low.
The Exponential FunctionWhile an exponential function has the form f(x) = axThe exponential function is the function f(x) = ex. Where e = 2.718281828459... Maple represents the exponential function by exp(x). > plot(exp(x), x=-3..3); > evalf(exp(1));
The exponential function has the property that it is its own derivative,
i.e. The exponetial function is the underlying function in many applications. This is particularly useful in the context of differential equations of the
form Consider the graph of exp(-x^2): This is the graph of the normal distribution in probability, with mean
0 and standard deviation 1. Over the complex plane the exponential function is related to the
trigonometric functions: Over the reals a similar expression relates the exponential function to the
hyperbolic sine and hyperbolic cosine functions, which are defined by
LogarithmsThe logarithm function is the inverse of the exponential function. In particular the natural logarithm ln(x) is the inverse of the exponential function.> exp(ln(x)); > plot(ln(x), x =-1..20);
Logarithms are useful for placing one exponential in terms of another.
Maintained by: P. Danziger, Febuary 1998 |