Which statement is true about exponential graphs?
An exponential graph is any curve that can be written in the form:
\[ y = k a^x \quad (a>0,\, a\neq 1) \]
Here, \(a\) is called the base and \(k\) is a constant multiplier. All exponential graphs share the key property that the variable \(x\) appears in the exponent. These graphs have a horizontal asymptote at \(y=0\).
Exponential graphs appear in contexts such as population growth, radioactive decay, interest rates, and compound processes. Look for variables raised to a power of \(x\).
Sketch \(y=3(0.5)^x\).
Here, \(a=0.5\) (decay), \(k=3\). At \(x=0\), \(y=3\). At \(x=1\), \(y=1.5\). At \(x=2\), \(y=0.75\). The graph decreases towards asymptote \(y=0\).
Exponential graphs model many real-world processes involving repeated growth or decay. The base \(a\) controls whether the function grows or decays, and the constant \(k\) controls the initial value and vertical stretch. These graphs are always positive and approach, but never reach, the line \(y=0\).