What is an Exponential Function? At its core, an exponential function describes a situation where the rate of growth is proportional to its current value. Imagine a snowball rolling down a hill, ...

Data from an experiment may result in a graph indicating exponential growth. This implies the formula of this growth is \(y = k{x^n}\), where \(k\) and \(n\) are constants. Using logarithms, we can ...

Applications of mathematical functions originally developed in mathematical and statistical physics to social sciences such as behavioral economics and neuroeconomics have been attracting attention [1 ...