For the exponential function represented in the table below
For the exponential function represented in the table below, determine the initial value the n -unit growth actors, and die exponential function that models the data. a. The initial value: b The 1-unit growth factor: c. The 1-unit percent change: d. The 3-unit growth factor: 8044 e. The 1/4-unit growth factor: f. Function definition:
Solution
function is of form y=a*bx
a*b1=756.09
a*b4=608.17
b4/b=608.17/756.09
b3=0.8043619
b=0.93
a*b1=756.09
a*0.931=756.09
a=813
a)initial value =813
b)1 unit growth factor =0.93
c)1 unit percentage chage =(1-0.93)*100% =7%
d)3 unit growth factor =0.933=0.8044
e)1/4 th unit growth factor =0.931/4=0.982
f)function definition : y =813*0.93x
