Mr. Visca’s: PreCalculus (Calc 3.2) Unit 3 – Day 2 Exponential Functions and Modeling Exponential Population Model: If a population P is changing at a constant percentage rate r each year, then ___________________________ Where P0 is the initial population, r is expressed as a decimal and t is the time in years. Does this model look familiar? 𝑃(𝑡) = 𝑃𝑜 (1 ± 𝑟)𝑡 ====== f(x) = abx If r > 0, then P(t) is an exponential growth function, and its growth factor is _________. If r < 0, then P(t) is an exponential decay function and its decay factor is __________. Example 1: Tell whether the population model is growing or decaying and find the constant percentage rate of growth or decay. a. San Jose: P(t) = 782,248(1.0136)t b. Detroit: P(t) = 1,203,368(0.9858)t c. Rochester: ? Do you think Rochester’s population model is growing or decaying? Explain why? Why do you think San Jose’s population is growing and Detroit’s is shrinking? What is the biggest driver of population growth? ~ 69 ~ Other Exponential Growth and Decay Models: Population growth and decay models are used to represent populations of animals, bacteria and radioactive atoms. Exponential growth models can be built in terms of the time it takes to double a quantity or the time it takes to half a quantity. Model Bacteria Growth Example 2: Suppose a culture of 100 bacteria is put into a petri dish and the culture doubles every hour. Predict when the number of bacteria will reach 350,000. B(t) = ? On the flip side, exponential decay models can be built in terms of the time it takes to half a quantity. Can you name a common exponential decay process where a quantity decays by half? The time it takes a radioactive process to decay is the half-life. Model Radioactive Decay Example 3: Suppose the half-life of a certain radioactive substance, let’s call it Viscanium, is 20 days and there are 5 grams present initially. Find the time when there will be 1 gram of the substance left. V(t) = ? ~ 70 ~ So far our models have been given to us or developed algebraically. However, we could use exponential regression to build our models from population data. Example 4: Use the Population data below and graphing calculator to create an exponential regression equation to predict the population for 2003. Year Population (in millions) 1900 76.2 1910 92.2 1920 106.0 1930 123.2 1940 132.2 1950 151.3 1960 179.3 1970 203.3 1980 226.5 1990 248.7 2000 281.4 2003 ? Homework: section 3.2: #s 2-20 (evens), 30-34 (evens) ~ 71 ~