We have here two different functions. One case represents an exponential function, and the other case is a linear function.
The exponential function is:
The linear function is:
We can check both functions graphically as follows:
1. The exponential function can be represented as:
2. The linear function can be seen as follows:
Similarities between functions
Both functions have the same y-intercept value. If we substitute x = 0 in both functions, we have a value of 200 for both functions:
And if we say that the starting value is x = 0, then both functions have the same starting value, y = 200.
Therefore, they have the same starting value.
Differences between functions
1. The linear function is increasing constantly, at a rate given by m = 3. It has a positive slope, m = 3.
The exponential function is decreasing constantly at a rate given by the fraction 1/4. When we have an exponential with a fractional factor raised to the independent variable, x, then the exponential function is decreasing.
2. The growth rate for the linear function is given by its slope, m = 3. It is a positive growth rate, and we can say that for any "run" on the x-axis, we have a "rise" of 3 units on the y-axis. The exponential function has a decay rate, and it is doing that by rising the constant factor, 1/4, to any value of x. As we can see from the graph, the function has an asymptotic behavior as the function tends to infinity, that is, the function tends to have a value of y = 0 as it tends to infinity.
Additionally, if we know that the general case of the exponential function is given by:
That is, the decay rate is 0.75 (or 75/100 = 75%).
3. As we said above, Function 1 is a case of the exponential function, while Function 2 is a case of a linear function.
Therefore, in summary, we have that:
Similarities:
• Both functions have the same starting value, when x = 0, both functions have y = 200 (the same y-intercept value).
Differences:
• Function 1 is a case of the exponential function. Function 2 is a case of a linear function.
,
• Function 1 is ,decreasing at a decay rate of 75% (r is negative, 0.75),, and we can say that this function is always decreasing. ,Function 2 is increasing constantly at a slope of m = 3, (we can say that for any "run" on the x-axis, we have a "rise" of 3 units on the y-axis). This is a constant growth rate (m = 3), and we can say that this linear function is increasing constantly.
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• Function 1 has an asymptotic behavior as it tends to positive infinity, and the asymptote is equal to y = 0.