8­1 Exploring Exponential Models 2011 April 13, 2011 8­1 Exploring Exponential Models Objective: Model exponential growth and decay. 1 8­1 Exploring Exponential Models 2011 April 13, 2011 Check Skills You'll Need 2 8­1 Exploring Exponential Models 2011 April 13, 2011 An exponential function is a function with the general form y = abx, where x is a real number, a ≠0, b > 0, and b ≠ 1. You can use an exponential function with b > 1 to model growth. When b > 1, b is the growth factor. 3 8­1 Exploring Exponential Models 2011 April 13, 2011 d in iti al r e t af t s n d u o o i am per x va e lu e y = ab x tim o i r pe y a c e d r o h tor t ow fac r g 4 8­1 Exploring Exponential Models 2011 April 13, 2011 Graph y = 2x. 5 8­1 Exploring Exponential Models 2011 April 13, 2011 n o ti c n u . f l ia wth , t n e r o n r e o s g p on a x e e r y i c t n b n a a i l r e f u o s o fact p u o e t n p . a a l r r h c e t d the + u w o o 1 o r b = Y to m ow g e n th tion k d u n qua o i y f f n I e a e c h t u o g y usin 6 8­1 Exploring Exponential Models 2011 April 13, 2011 7 8­1 Exploring Exponential Models 2011 April 13, 2011 Second, find a, the initial population. In 2000, the population was 281, so a = 281. Next, write the exponential function. y = 281(1.0124)x 8 8­1 Exploring Exponential Models 2011 April 13, 2011 y = 281(1.0124)x 9 8­1 Exploring Exponential Models 2011 April 13, 2011 10 8­1 Exploring Exponential Models 2011 April 13, 2011 11 8­1 Exploring Exponential Models 2011 April 13, 2011 12 8­1 Exploring Exponential Models 2011 April 13, 2011 You can use an exponential function with 0 < b < 1 to model decay. When b < 1, b is a decay factor. An asymptote is a line that a graph approaches as x or y increases in absolute value. 13 8­1 Exploring Exponential Models 2011 April 13, 2011 Without graphing, determine whether each function represents exponential growth or exponential decay. a. y = 100(0.12)x b. y = 0.2(5)x c. y = 16(½)x 14 8­1 Exploring Exponential Models 2011 April 13, 2011 Graph y = 24(1/2)x. Identify the horizontal asymptote. 15 8­1 Exploring Exponential Models 2011 April 13, 2011 16 8­1 Exploring Exponential Models 2011 April 13, 2011 17 8­1 Exploring Exponential Models 2011 April 13, 2011 Homework page 434 (9 ­ 12, 16 ­ 22, 33 ­ 54 MOT) 18