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A quantity undergoing exponential decay. Larger decay constants make the quantity vanish much more rapidly. This plot shows decay for decay constant (λ) of 25, 5, 1, 1/5, and 1/25 for x from 0 to 5. A quantity is subject to exponential decay if it decreases at a rate proportional to its current value.
Many mathematical problems have been stated but not yet solved. These problems come from many areas of mathematics, such as theoretical physics, computer science, algebra, analysis, combinatorics, algebraic, differential, discrete and Euclidean geometries, graph theory, group theory, model theory, number theory, set theory, Ramsey theory, dynamical systems, and partial differential equations.
Exponential growth or exponential decay—where the varaible change is proportional to the variable value—are thus modeled with exponential functions. Examples are unlimited population growth leading to Malthusian catastrophe , continuously compounded interest , and radioactive decay .
There is a half-life describing any exponential-decay process. For example: As noted above, in radioactive decay the half-life is the length of time after which there is a 50% chance that an atom will have undergone nuclear decay. It varies depending on the atom type and isotope, and is usually determined experimentally. See List of nuclides.
The exponential function e x for real values of x may be defined in a few different equivalent ways (see Characterizations of the exponential function). Several of these methods may be directly extended to give definitions of e z for complex values of z simply by substituting z in place of x and using the complex algebraic operations. In ...
Parameters (negative in the case of exponential decay): The growth constant k is the frequency (number of times per unit time) of growing by a factor e ; in finance it is also called the logarithmic return, continuously compounded return , or force of interest .
This list of mathematical series contains formulae for finite and infinite sums. It can be used in conjunction with other tools for evaluating sums. Here, is taken to have the value
The compressed exponential function (with β > 1) has less practical importance, with the notable exceptions of β = 2, which gives the normal distribution, and of compressed exponential relaxation in the dynamics of amorphous solids. [1] In mathematics, the stretched exponential is also known as the complementary cumulative Weibull distribution.
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