exponential function

Exponential and natural logarithm functionsThe exponential and natural logarithm functions are inverse functions; that is, applying one and then the other to some value returns the original value. This can be seen graphically by the functions' symmetry with respect to the line y = x.

exponential function, in mathematics, a relation of the form y = ax, where a is a fixed positive real number not equal to 1 and x is a real variable (the exponent). The domain of y = a is all real numbers, and its range is (0, ∞). The function is increasing when a > 1 and decreasing when 0 < a < 1.

Why the Base a Must Be Positive and Not Equal to 1
  • a > 0: The base must be positive so that ax is defined for all real values of x. If a < 0, then expressions such as a1/2 (a square root) or aπ become undefined in the real number system. (They can exist only as complex numbers.)
  • a ≠ 1: If a = 1, then y = 1x for every x. This is a constant function, not an exponential one, because it shows no growth or decay.
  • 0 < a < 1: The function y = ax is decreasing, meaning it represents exponential decay rather than growth. For example, y = (1/2)x decreases as x increases.

An important exponential function is the natural exponential function y = ex, also written exp ⁡(x),where the value of e is approximately 2.7182818, the base of the natural logarithm. The exponential and logarithmic functions are inverses: If y = ax, then x = log⁡ay; in particular, if y = ex, then x = lny.

The exponential function is also defined as the sum of the infinite series: e x = 1 + x + x 2 2 ! + x 3 3 ! + x 4 4 ! + x 5 5 ! + ⋯ ,which converges—meaning the sum approaches a single finite value—for all x. Here n! (n factorial) is the product of the first n positive integers, with 0! = 1. Setting x = 1 gives a series for the constant e: e 1 = 1 + 1 1 ! + 1 2 ! + 1 3 ! + 1 4 ! + ⋯ ≈ 2.7182818 .

A property of the exponential function is that its derivative equals the function itself: d d x ​ e x = e x .More generally, d d x ​ a x = a x ln a .

The exponential functions are examples of nonalgebraic, or transcendental, functions—i.e., functions that cannot be represented as the product, sum, and difference of variables raised to some nonnegative integer power. Other common transcendental functions are the logarithmic functions and the trigonometric functions. Exponential functions frequently arise and quantitatively describe a number of phenomena in physics, such as radioactive decay, in which the rate of change in a process or substance depends directly on its current value.

The Editors of Encyclopaedia BritannicaThis article was most recently revised and updated by Anoushka Pant.