Exponential function

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Graph of y = ex. The exponential function is nearly flat (climbing slowly) for negative values of x, climbs quickly for positive values of x, and equals 1 when x is equal to 0. Its y value always equals the slope at that point.

The exponential function is one of the most important functions in mathematics. The application of this function to a value x is written as exp(x) or ax, where a is called the base and x is called the exponent.

Take, for example, the case when a = e, where e is a mathematical constant, the base of the natural logarithm, which equals approximately 2.718281828 and is also known as Euler's number. The graph of y = ex is shown on the right. The graph is always positive (above the x axis) and increases from left to right. It never touches the x axis, although it gets arbitrarily close to it. In other words, the x axis is a horizontal asymptote to the graph. Its inverse function, the logarithm, , is defined for all positive x.

Sometimes, especially in the sciences, the term exponential function is more generally used for functions of the form kax, where a is any positive real number not equal to one.

In general, the variable x can be any real or complex number, or even an entirely different kind of mathematical object.

Some of the applications of the exponential function include modeling growth in populations, economic changes, fatigue of materials, and amounts of radioactive material.

Properties

Most simply, exponential functions multiply at a constant rate. For example the population of a bacterial culture that doubles every 20 minutes can be expressed (approximatively, as this is not really a continuous problem) as an exponential, as can the value of a car that decreases by 10 percent per year.

Exponential functions "translate between addition and multiplication" as is expressed in the first three and the fifth of the following exponential laws:

These are valid for all positive real numbers a and b and all real numbers x and y. Expressions involving fractions and roots can often be simplified using exponential notation:

and, for any a > 0, real number b, and integer n > 1:

Derivatives and differential equations

The importance of exponential functions in mathematics and the sciences stems mainly from properties of their derivatives. In particular,

That is, ex is its own derivative. Functions of the form for constant K are the only functions with that property. (This follows from the Picard-Lindelöf theorem, with and .) Other ways of saying the same thing include:

  • The slope of the graph at any point is the height of the function at that point.
  • The rate of increase of the function at x is equal to the value of the function at x.
  • The function solves the differential equation .
  • exp is a fixed point of derivative as a functional

In fact, many differential equations give rise to exponential functions, including the Schrödinger equation and the Laplace's equation as well as the equations for simple harmonic motion.

For exponential functions with other bases:

Thus any exponential function is a constant multiple of its own derivative.

If a variable's growth or decay rate is proportional to its size — as is the case in unlimited population growth (see Malthusian catastrophe), continuously compounded interest, or radioactive decay — then the variable can be written as a constant times an exponential function of time.

Furthermore for any differentiable function f(x), we find, by the chain rule:

.

Double exponential function

The term double exponential function can have two meanings:

  • a function with two exponential terms, with different exponents
  • a function ; this grows even faster than an exponential function; for example, if a = 10: f(−1) = 1.26, f(0) = 10, f(1) = 1010, f(2) = 10100 = googol, ..., f(100) = googolplex.

Factorials grow faster than exponential functions, but slower than double-exponential functions. Fermat numbers, generated by and double Mersenne numbers generated by are examples of double exponential functions.

See also

References
ISBN links support NWE through referral fees

  • Konyagin, Sergei and Igor Shparlinski. 1999. Character Sums with Exponential Functions and their Applications. Cambridge, UK: Cambridge University Press. ISBN 0521642639.
  • Fried, H.M. 2002. Green's Functions and Ordered Exponentials. Cambridge, UK: Cambridge University Press. ISBN 0521443903.
  • Carico, Charles C. 1974. Exponential and logarithmic functions (Wadsworth precalculus mathematics series). Belmont, CA: Wadsworth Pub. Co. ISBN 0534003141.

External links

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