Exponential function: Difference between revisions

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many small edits; rearranged & rewrote some bits; right-aligned graph again (why not?); see Talk for more info
disambiguating "proportionality"
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The importance of exponential functions in mathematics and the sciences stems mainly from properties of their [[derivative]]s. In particular,
 
: <math>{d \over dx} e^x = e^x</math>
 
That is, ''e''<sup>''x''</sup> is its own [[derivative]], a property unique among real-valued functions of a real variable. Other ways of saying the same thing include:
*The slope of the graph at any point is the height of the function at that point.
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For exponential functions with other bases:
 
: <math>{d \over dx} a^x = (\ln a) a^x</math>
 
Thus ''any'' exponential function is a [[constant]] multiple of its own derivative.
 
If a variable's growth or decay rate is [[proportionality (mathematics)|proportional]] to its size &mdash; as is the case in unlimited population growth (see [[Malthusian catastrophe]]), continuously compounded [[interest]], or [[radioactive decay]] &mdash; then the variable can be written as a constant times an exponential function of time.
 
==Formal definition==