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Often the independent variable is time. Described as a function, a quantity undergoing exponential growth is an exponential function of time, that is, the variable representing time is the exponent (in contrast to other types of growth, such as quadratic growth). Exponential growth is the inverse of logarithmic growth.
The basic properties of the exponential function (derivative and functional equation) implies immediately the third and ths last condititon Suppose that the third condition is verified, and let k {\displaystyle k} be the constant value of f ′ ( x ) / f ( x ) . {\displaystyle f'(x)/f(x).}
The doubling time is a characteristic unit (a natural unit of scale) for the exponential growth equation, and its converse for exponential decay is the half-life. As an example, Canada's net population growth was 2.7 percent in the year 2022, dividing 72 by 2.7 gives an approximate doubling time of about 27 years.
RGR is a concept relevant in cases where the increase in a state variable over time is proportional to the value of that state variable at the beginning of a time period. In terms of differential equations, if is the current size, and its growth rate, then relative growth rate is
A quantity undergoing exponential decay. Larger decay constants make the quantity vanish much more rapidly. This plot shows decay for decay constant (λ) of 25, 5, 1, 1/5, and 1/25 for x from 0 to 5. A quantity is subject to exponential decay if it decreases at a rate proportional to its current value.
A double exponential function (red curve) compared to a single exponential function (blue curve). A double exponential function is a constant raised to the power of an exponential function . The general formula is f ( x ) = a b x = a ( b x ) {\displaystyle f(x)=a^{b^{x}}=a^{(b^{x})}} (where a >1 and b >1), which grows much more quickly than an ...
Complex exponential function: The exponential function exactly maps all lines not parallel with the real or imaginary axis in the complex plane, to all logarithmic spirals in the complex plane with centre at : () = (+) + ⏟ = + = ( + ) ⏟ The pitch angle of the logarithmic spiral is the angle between the line and the imaginary axis.
The compressed exponential function (with β > 1) has less practical importance, with the notable exceptions of β = 2, which gives the normal distribution, and of compressed exponential relaxation in the dynamics of amorphous solids. [1] In mathematics, the stretched exponential is also known as the complementary cumulative Weibull distribution.