Answer:
- The multiplicative rate of change of the function is 0.5
Step-by-step explanation:
The multiplicative rate of change is the ratio between consecutive entries.
Naming r the multiplicative rate of change, if it is constant you get:
- r = second entry / first entry = third entry / second entry = fourth entry / third entry.
Here:
- second entry / first entry = 0.125 / 0.25 = 0.5
- third entry / second entry = 0.0625 / 0.125 = 0.5
- fourth entry / third entry = 0.03125 / 0.0625 = 0.5
Thus, the multiplicative rate of change is 0.5. It means that you can obtain each entry as the product of the previous entry times 0.5:
- 0.25 × 0.5 = 0.125
- 0.125 × 0.5 = 0.0625
- 0.0625 × 0.5 = 0.03125
In general, exponential functions have constant multiplicative rate of changes.