[Video: Introduction to Exponential Graphs]
Learn how to interpret and analyze exponential graphs, including their key features, growth vs. decay, and transformations.
Understanding Exponential Functions
Exponential functions have the form f(x) = a·bx + c, where:
- a is the initial value (y-intercept when c=0)
- b is the growth/decay factor (b > 0, b ≠ 1)
- c is the vertical shift
[Graph showing exponential growth and decay curves]
Figure 1: Exponential growth (b > 1) vs. decay (0 < b < 1)
Key Features of Exponential Graphs
Characteristics
- Domain: All real numbers
- Range: y > c (if a > 0) or y < c (if a < 0)
- Asymptote: y = c (horizontal line)
- y-intercept: (0, a + c)
- Growth rate: Determined by base b
Growth vs. Decay
Exponential Growth
Occurs when b > 1
- Graph rises from left to right
- Common applications: population growth, compound interest
Example: f(x) = 2x
Doubles with each unit increase in x
Exponential Decay
Occurs when 0 < b < 1
- Graph falls from left to right
- Common applications: radioactive decay, depreciation
Example: f(x) = (½)x
Halves with each unit increase in x
Transformations of Exponential Graphs
General Form: f(x) = a·bx-h + k
- a: Vertical stretch/compression and reflection
- h: Horizontal shift
- k: Vertical shift (asymptote becomes y = k)
Example: f(x) = 3·2x-1 - 4
• Initial value (when x=1): 3·20 - 4 = -1
• Asymptote: y = -4
• Growth factor: 2 (doubles with each unit increase in x)
Key Takeaways
- Identify growth vs. decay by the base value (b)
- Always locate the horizontal asymptote first
- Transformations work similarly to other functions
- Real-world applications often involve exponential models
- On SAT, focus on interpreting graphs in context