Exponential functions, such as the one in the problem \( f(x) = \left[\left(3^{x}+3^{-x}\right) / 2\right] \), are mathematical expressions where a constant base is raised to a variable exponent. In this case, the constant base is 3, and the exponent is \( x \) or \( -x \).
Exponential growth and decay are fundamental concepts showcased by exponential functions. These functions are distinguished by their rapid increase or decrease as the value of the exponent changes. They are used extensively in fields such as finance to calculate compound interest, physics to represent radioactive decay, and in population modeling.
Key Characteristics of Exponential Functions
- Rate of Change: The rate at which an exponential function increases or decreases is proportional to its current value.
- Asymptotic Behavior: Exponential functions approach a horizontal asymptote as \( x \) approaches positive or negative infinity.
- Domain and Range: Exponential functions have a domain of all real numbers and, if the base is greater than one, have a range of positive real numbers.
Understanding these characteristics will help students to tackle a wide variety of problems involving exponential functions, which are a staple in advanced mathematics, including JEE maths problems.