<< Chapter < Page Chapter >> Page >

Use a graphing utility to find an exponential regression formula f ( x ) and a logarithmic regression formula g ( x ) for the points ( 1.5 , 1.5 ) and ( 8.5 ,  8 .5 ) . Round all numbers to 6 decimal places. Graph the points and both formulas along with the line y = x on the same axis. Make a conjecture about the relationship of the regression formulas.

Got questions? Get instant answers now!

Verify the conjecture made in the previous exercise. Round all numbers to six decimal places when necessary.

First rewrite the exponential with base e : f ( x ) = 1.034341 e 0 .247800x . Then test to verify that f ( g ( x ) ) = x , taking rounding error into consideration:

g ( f ( x ) ) = 4.035510 ln ( 1.034341 e 0 .247800x ) 0.136259 = 4.03551 ( ln ( 1.034341 ) + ln ( e 0 .2478 x ) ) 0.136259 = 4.03551 ( ln ( 1.034341 ) + 0 .2478 x ) 0.136259 = 0.136257 + 0.999999 x 0.136259 = 0.000002 + 0.999999 x 0 + x = x

Got questions? Get instant answers now!

Find the inverse function f 1 ( x ) for the logistic function f ( x ) = c 1 + a e b x . Show all steps.

Got questions? Get instant answers now!

Use the result from the previous exercise to graph the logistic model P ( t ) = 20 1 + 4 e 0.5 t along with its inverse on the same axis. What are the intercepts and asymptotes of each function?

Graph of P(t)=20/(1+40.5e^(-0.5t)) and P(t)=(ln(4)-ln((20/t)-1)/0.5.

The graph of P ( t ) has a y -intercept at (0, 4) and horizontal asymptotes at y = 0 and y = 20. The graph of P 1 ( t ) has an x - intercept at (4, 0) and vertical asymptotes at x = 0 and x = 20.

Got questions? Get instant answers now!

Chapter review exercises

Exponential Functions

Determine whether the function y = 156 ( 0.825 ) t represents exponential growth, exponential decay, or neither. Explain

exponential decay; The growth factor, 0.825 , is between 0 and 1.

Got questions? Get instant answers now!

The population of a herd of deer is represented by the function A ( t ) = 205 ( 1.13 ) t , where t is given in years. To the nearest whole number, what will the herd population be after 6 years?

Got questions? Get instant answers now!

Find an exponential equation that passes through the points (2, 2 .25) and ( 5 , 60.75 ) .

y = 0.25 ( 3 ) x

Got questions? Get instant answers now!

Determine whether [link] could represent a function that is linear, exponential, or neither. If it appears to be exponential, find a function that passes through the points.

x 1 2 3 4
f(x) 3 0.9 0.27 0.081
Got questions? Get instant answers now!

A retirement account is opened with an initial deposit of $8,500 and earns 8.12 % interest compounded monthly. What will the account be worth in 20 years?

$ 42 , 888.18

Got questions? Get instant answers now!

Hsu-Mei wants to save $5,000 for a down payment on a car. To the nearest dollar, how much will she need to invest in an account now with 7.5 % APR, compounded daily, in order to reach her goal in 3 years?

Got questions? Get instant answers now!

Does the equation y = 2.294 e 0.654 t represent continuous growth, continuous decay, or neither? Explain.

continuous decay; the growth rate is negative.

Got questions? Get instant answers now!

Suppose an investment account is opened with an initial deposit of $10,500 earning 6.25 % interest, compounded continuously. How much will the account be worth after 25 years?

Got questions? Get instant answers now!

Graphs of Exponential Functions

Graph the function f ( x ) = 3.5 ( 2 ) x . State the domain and range and give the y -intercept.

domain: all real numbers; range: all real numbers strictly greater than zero; y -intercept: (0, 3.5);

Graph of f(x)=3.5(2^x)
Got questions? Get instant answers now!

Graph the function f ( x ) = 4 ( 1 8 ) x and its reflection about the y -axis on the same axes, and give the y -intercept.

Got questions? Get instant answers now!

The graph of f ( x ) = 6.5 x is reflected about the y -axis and stretched vertically by a factor of 7. What is the equation of the new function, g ( x ) ? State its y -intercept, domain, and range.

g ( x ) = 7 ( 6.5 ) x ; y -intercept: ( 0 ,  7 ) ; Domain: all real numbers; Range: all real numbers greater than 0.

Got questions? Get instant answers now!

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
Hi
mostafa
hi
LEMLEM
hello
Sammol
hi
Mahesh
bi
Ruqayat
hi
Ruqayat
Hi fellas
Nyawa
hey
Sammol
hi
God
hello
Jahara
Good morning
Jorge
hi
abubakar
hi
Nmesoma
hi
Mahesh
Hi
Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
Hi
Isiaka
Hi
Geli
hy
Man
👋
Bahunda
hy how are you?
Man
ys
Amisha
how are you guys
Sekou
f9 guys
Amisha
how are you guys
Sekou
ys am also fine
Amisha
fine and you guys
Geli
from Nepal
Amisha
nawalparasi district from belatari
Amisha
nd u
Amisha
I am Camara from Guinea west Africa... happy to meet you guys here
Sekou
ma management ho
Amisha
ahile becheclor ho
Amisha
hjr ktm bta ho ani k kaam grnu hunxa tw
Amisha
belatari
Amisha
1st year ho
Amisha
nd u
Amisha
ahh
Amisha
kaha biratnagar
Amisha
ys
Amisha
kina k vo
Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now




Source:  OpenStax, Precalculus. OpenStax CNX. Jan 19, 2016 Download for free at https://legacy.cnx.org/content/col11667/1.6
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Precalculus' conversation and receive update notifications?

Ask