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Modeling with Exponential Functions

Introduced
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Vocabulary
English Meaning
exponential model/ˌekspəˈnenʃl ˈmɒdl/A model in which equal input increments multiply the output by a constant factor.
initial value/ɪˈnɪʃl ˈvæljuː/The starting value of a quantity, function or system at a specified initial point or time.
growth factor/ɡrəʊθ ˈfæktə/growth factor
decay factor/dɪˈkeɪ ˈfæktə/decay factor
baseline/ˈbeɪslaɪn/baseline
natural base/ˈnætʃərəl beɪs/The number e ≈ 2.718, the base of natural exponential and logarithm functions.
exponential regression/ˌekspəˈnenʃl rɪˈɡreʃn/Fitting an exponential model to observed data.
residuals/rɪˈsɪdʒuːəlz/An observed value minus the value predicted by a model.

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IGCSE, A-Level & AP