Understanding exponential functions is crucial in mathematics, particularly for modeling growth and decay patterns. This comprehensive guide explores graphing exponential functions examples and their key characteristics.
• Exponential functions are defined as f(x) = bˣ, where b is the base and x is the variable in the exponent
• These functions have universal characteristics including a domain of all real numbers and a y-intercept at (0,1)
• The behavior of exponential functions depends on whether b > 1 (growth) or 0 < b < 1 (decay)
• Applications span across population studies, finance, and scientific phenomena