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Section 4.6 Modeling with Exponential and Logarithmic Functions
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1. Solve Literal Equations for a Specified Variable
2. Create Models for Exponential Growth and Decay 3. Apply Logistic Growth Models 4. Create Exponential and Logarithmic Models Using Regression
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Example 1: Solve for D
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Example 2: Solve for x
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1. Solve Literal Equations for a Specified Variable
2. Create Models for Exponential Growth and Decay 3. Apply Logistic Growth Models 4. Create Exponential and Logarithmic Models Using Regression
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Create Models for Exponential Growth and Decay
Let y be a variable changing exponentially with respect to t, and let y0 represent the initial value of y when t = 0. For a positive constant k For a negative constant k is a model for exponential growth. is a model for exponential decay.
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Example 3: Suppose that at 19 years old you win $100,000 playing the lottery. If you would like to have $1,000,000 when you retire at age 67, determine the average rate of return needed under continuous compounding.
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Example 4: According to a study published in 2012, Burmese pythons are becoming the new top predator in the Florida Everglades. Not many animals in the Everglades can stand against a python that can grow to 23 feet and weigh over 200 pounds. a) Twenty pythons were recorded as captured or killed in By 2009, that number had increased to Write a function of the form to represent the number of pythons captured or killed t years after 1995.
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Example 4 continued:
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Example 4 continued: b) Use the model from part (a) to predict the number of pythons that will be captured or killed in 2017.
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Example 4 continued: c) If the ratio of pythons living in the wild to pythons captured or killed is approximately 100:1, how many pythons were estimated to be in the Everglades in 2012?
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Example 5: A sample collected from cave paintings on an archeological site in France shows that only 2% of the carbon-14 still remains. How old is the sample? Round to the nearest year. Use the model for radiocarbon dating: where Q0 is the original quantity of carbon-14.
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1. Solve Literal Equations for a Specified Variable
2. Create Models for Exponential Growth and Decay 3. Apply Logistic Growth Models 4. Create Exponential and Logarithmic Models Using Regression
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Apply Logistic Growth Models
A logistic growth model is a function written in the form where a, b, and c are positive constants.
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Example 6: The population of Los Angeles P(t) (in millions) can be approximated by the logistic growth function where t is the number of years since the year 1900.
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Example 6 continued: Evaluate P(0) and interpret its meaning in the context of this problem.
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Example 6 continued: Use this function to predict the population of Los Angeles on January 1, 2016.
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1. Solve Literal Equations for a Specified Variable
2. Create Models for Exponential Growth and Decay 3. Apply Logistic Growth Models 4. Create Exponential and Logarithmic Models Using Regression
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Example 7: Use a graphing utility to find an exponential model that best fits the data. x y 1 6.25 2 16.99 3 46.20 4 125.48 5 341.35 6 927.89
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Example 8: Use a graphing utility to find a logarithmic model that best fits the data. x y 2 3.75 5 5.40 8 6.24 11 6.82 14 7.25
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