Statement
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 \(y=0\).
Why it works
Recipe (Steps to Sketch/Use)
- Identify the base \(a\): if greater than 1, growth; if between 0 and 1, decay.
- Identify the multiplier \(k\): this scales the graph vertically and may reflect it if negative.
- Plot key points such as \(x=0\) (where \(y=k\)), \(x=1\), and \(x=-1\).
- Draw the asymptote at \(y=0\) as a dashed line.
- Sketch the curve approaching the asymptote as \(x\to -\infty\) or \(x\to \infty\).
Spotting it
Exponential graphs appear in contexts such as population growth, radioactive decay, interest rates, and compound processes. Look for variables raised to a power of \(x\).
Common pairings
- Logarithmic graphs (inverses of exponential graphs).
- Compound interest and depreciation models.
- Half-life and doubling-time problems.
Mini examples
- Given: \(y=2^x\). Answer: Growth, passes through (0,1), asymptote \(y=0\).
- Given: \(y=(1/3)^x\). Answer: Decay, passes through (0,1), decreases to 0 as \(x\to\infty\).
Pitfalls
Exam Strategy
- Always plot \(x=0\) to find \(y=k\).
- Check whether the graph is growth or decay by looking at \(a\).
- Use the asymptote \(y=0\) to guide the shape of your curve.
- If negative multiplier, reflect the graph in the \(x\)-axis.
Worked Micro Example
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 \(y=0\).
Summary
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 \(y=0\).