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Analyzing Exponential Functions and Growth

Jan 21, 2025

Exponential Function Analysis

Problem Statement

  • Determine an exponential function passing through points (-1, 5/4) and (2, 80).
  • Find the exponential growth or decay rate.
  • Calculate the function value when x = 3.

Theoretical Foundation

  • Exponential Function Form:
    • General form: f(x) = a * b^x
    • Base (b): Equals 1 + r, where r is the exponential growth/decay rate.
    • a: Initial value or function value at x = 0.*

Given Points Analysis

  • Point (-1, 5/4):
    • f(-1) = 5/4 → Equation: a * b^(-1) = 5/4
  • Point (2, 80):
    • f(2) = 80 → Equation: a * b^2 = 80

Solving for a and b

  1. From Point (-1, 5/4):
    • a * b^(-1) = 5/4
    • Solve for a: a = 5/4 * b
  2. Substitute into Point (2, 80):
    • Substitute a = 5/4 * b into a * b^2 = 80
    • Equation: (5/4 * b) * b^2 = 80
    • Simplifies to: 5/4 * b^3 = 80
  3. Solve for b:
    • Multiply both sides by 4/5: b^3 = 64
    • Take the cube root: b = 4*

Finding Initial Value (a)

  • Use f(2) = 80:
    • a * 4^2 = 80
    • a * 16 = 80
    • Solve: a = 5

Exponential Function

  • Final Function:
    • f(x) = 5 * 4^x*

Exponential Growth Rate

  • Base b = 4:
    • b = 1 + r → 4 = 1 + r
    • Solve for r: r = 3
    • Growth Rate: 3 = 300%

Function Value at x = 3

  • f(3):
    • f(3) = 5 * 4^3
    • Calculate: 4^3 = 64
    • Result: f(3) = 5 * 64 = 320

Conclusion

  • Exponential Function: f(x) = 5 * 4^x
  • Growth Rate: 300%
  • Value at x = 3: 320*

The lecture demonstrates how to derive an exponential function, find its growth rate, and calculate specific function values using given points. It emphasizes solving a system of equations and verifying the function through the graph.