2 Exponential functions
For a fixed value of the base the expression clearly varies with the value of : it is a function of . We show in Figure 1 the graphs of and .
The functions (as different values are chosen for ) are called exponential functions . From the graphs we see (and these are true for all exponential functions):
If then
Figure 1 :
The most important and widely used exponential function has the particular base . 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 is as important as the number and, like , is also irrational. The approximate value of is stored in most calculators. There are numerous ways of calculating the value of . For example, it can be shown that the value of is the end-point of the sequence of numbers:
which, in decimal form (each to 6 d.p.) are
This is a slowly converging sequence. However, it does lead to a precise definition for the value of :
An quicker way of calculating is to use the (infinite) series:
where, we remember,
(This is discussed more fully in HELM booklet 16: Sequences and Series.)
Although all functions of the form are called exponential functions we usually refer to as the exponential function.
Key Point 2
is the exponential function where
Figure 2 :
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 , . The function 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 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 (Figure 2) that we mean, unless stated otherwise.
Task!
Use a calculator to determine the following values correct to 2 d.p.
- ,
- ,
- .
- ,
- ,
Task!
Simplify the expression and determine its numerical value to 3 d.p.
First simplify the expression:
Now evaluate its value to 3 d.p.: