2 Exponential functions

For a fixed value of the base a the expression a x clearly varies with the value of x : it is a function of x . We show in Figure 1 the graphs of ( 0.5 ) x , ( 0.3 ) x , 1 x , 2 x and 3 x .

The functions a x (as different values are chosen for a ) are called exponential functions . From the graphs we see (and these are true for all exponential functions):

If a > b > 0 then

a x > b x if x > 0 and a x < b x if x < 0

Figure 1 :

{ $y=a^x$ for various values of $a$}

The most important and widely used exponential function has the particular base e = 2.7182818 . It will not be clear to the reader why this particular value is so important. However, its importance will become clear as your knowledge of mathematics increases. The number e is as important as the number π and, like π , is also irrational. The approximate value of e is stored in most calculators. There are numerous ways of calculating the value of e . For example, it can be shown that the value of e is the end-point of the sequence of numbers:

2 1 1 , 3 2 2 , 4 3 3 , , 17 16 16 , , 65 64 64 ,

which, in decimal form (each to 6 d.p.) are

2.000000 , 2.250000 , 2.370370 , , 2.637929 , , 2.697345 ,

This is a slowly converging sequence. However, it does lead to a precise definition for the value of e :

e = lim n n + 1 n n

An quicker way of calculating e is to use the (infinite) series:

e = 1 + 1 1 ! + 1 2 ! + 1 3 ! + 1 4 ! + &ctdot; + 1 n ! +

where, we remember,

n ! = n × ( n 1 ) × ( n 2 ) × ( 3 ) × ( 2 ) × ( 1 )

(This is discussed more fully in HELM booklet  16: Sequences and Series.)

Although all functions of the form a x are called exponential functions we usually refer to e x as the exponential function.

Key Point 2

e x is the exponential function where e = 2.71828

Figure 2 :

{ $y=e^x$}

Exponential functions (and variants) appear in various areas of mathematics and engineering. For example, the shape of a hanging chain or rope, under the effect of gravity, is well described by a combination of the exponential curves e k x , e k x . The function e x 2 plays a major role in statistics; it being fundamental in the important normal distribution which describes the variability in many naturally occurring phenomena. The exponential function e k x appears directly, again in the area of statistics, in the Poisson distribution which (amongst other things) is used to predict the number of events (which occur randomly) in a given time interval.

From now on, when we refer to an exponential function, it will be to the function e x (Figure 2) that we mean, unless stated otherwise.

Task!

Use a calculator to determine the following values correct to 2 d.p.

  1. e 1.5 ,
  2. e 2 ,
  3. e 17 .
  1. e 1.5 = 4.48 ,
  2. e 2 = 0.14 ,
  3. e 17 = 2.4 × 1 0 7
Task!

Simplify the expression e 2.7 e 3 ( 1.2 ) e 2 and determine its numerical value to 3 d.p.

First simplify the expression:

e 2.7 e 3 ( 1.2 ) e 2 = e 2.7 e 3.6 e 2 = e 2.7 3.6 2 = e 2.9 Now evaluate its value to 3 d.p.:

0.055