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5
Making Connections:
Mathematical Modelling
With Exponential and
Logarithmic Equations
Suppose you live and work in northern Ontario as an urban planner. As towns
grow, you will need to pose and solve a variety of problems such as the following.
These and other related problems may require applying and solving exponential
and logarithmic equations.
Careful planning and development can ensure that the natural beauty of our
northern landscape is preserved, while meeting the needs of a growing population.
7.5 Making Connections: Mathematical Modelling With Exponential and Logarithmic Equations • MHR 393
Example 1 Select and Apply a Mathematical Model
The population of Decimal Point has been steadily growing for several
decades. The table gives the population at 5-year intervals, beginning in
1920, the year the town’s population reached 1000.
Solution
Method 1: Use a Graphing Calculator
a) Clear all equations and Stat Plots from the calculator. Enter the data in
lists L1 and L2 using the list editor.
Turn Plot1 on. From the Zoom menu, choose 9:ZoomStat to display the
scatter plot.
Technology Tip s
If r does not automatically appear:
2
Press f to see how well the two curves fit the given data.
7.5 Making Connections: Mathematical Modelling With Exponential and Logarithmic Equations • MHR 395
It appears that either model fits the data equally well, since the functions
are virtually indistinguishable. Are these models equally valid? Zoom out
to see how the models extrapolate beyond the given data.
Zoom out once:
Technology Tip s What meaning does the part of the graph to the left of the origin have?
When you press r, the Do you think this a valid part of the domain for this problem? Zoom out
cursor will trace the points of the again, and then use the ZoomBox operation to explore this region. Use
scatter plot, the function Y1, or the TRACE operation to track the coordinates of each model.
the function Y2. You can toggle
between these by using the up
and down cursor keys. Use the
left and right cursor keys to
trace along a function graph
or set of points.
Technology Tip s
To create this New Graph:
• Click and drag the graph icon
from the menu at the top.
• Click and drag the Year attribute
onto the horizontal axis.
• Click and drag the Population
attribute onto the vertical axis.
Technology Tip s
You can adjust the scales of
the sliders by placing the
cursor in various locations and
then clicking and dragging.
Experiment with this, noting
the various hand positions that
appear and what they allow
you to do.
7.5 Making Connections: Mathematical Modelling With Exponential and Logarithmic Equations • MHR 397
c) An exponential equation can be written in terms of any base. Therefore,
it is possible to determine an equation to model the population, P, of this
town as a function of time, t, in years, in terms of its initial population,
1000, and its doubling period, d:
_t
P ⫽ 1000 ⫻ 2 d
Create a dynamic exponential model with a single slider, d. Adjust d until
the curve of best fit is obtained.
d) Note that both models fit the data well. To see how well they perform
for extrapolation, adjust the axes of each graph.
(
log _5000
1006 ) Apply the power law of
logarithms and divide
log 5 ⫽ _(
t
43.5 )
log 2 Apply the power law
of logarithms.
__ ⬟t
log 1.016 both sides by log 1.016.
7.5 Making Connections: Mathematical Modelling With Exponential and Logarithmic Equations • MHR 399
Example 1 illustrates the important distinction between curve-fitting and modelling.
A well-fit curve may be useful for interpolating a given data set, but such a
model may break down when extrapolated to describe past or future trends.
Solution
a) Determine the number of compounding periods and the interest rate per
compounding period for each investment. Then, substitute these values
into the algebraic model. Use a table to organize the information.
Therefore, the Lakeland Savings Bond will allow the town to double its
money slightly faster.
c) The two investment relationships can be compared graphically using
graphing software.
7.5 Making Connections: Mathematical Modelling With Exponential and Logarithmic Equations • MHR 401
d) The graph indicates that both accounts will reach $80 000 after about
8 years. The Lakeland account earns interest faster, but is it the best
choice for preparing to build the recreation centre? The penalty for
early withdrawal must be considered.
The exponential model can be adjusted for withdrawals that happen
within the first 10 years by subtracting 2% of the initial principal.
The adjusted equation becomes
A ⫽ 50 000(1.0625)t ⫺ 0.02(50 000)
The function q(x) represents the adjusted amount function for the
Lakeland account. It is unclear from the graph which account will reach
$80 000 first. Apply algebraic reasoning to decide.
Since the time difference between these two accounts is so small, it does Reasoning and Proving
Representing Selecting Tools
not really matter which one is chosen, from a purely financial perspective.
Other factors may be considered, such as the additional flexibility Problem Solving
afforded by the Northern Equity account. If the township finds itself in Connecting Reflecting
Communicating
a deficit situation (where expenses exceed revenues), for example, and if
some of the money in reserve is required for other, more urgent, purposes,
then the Northern Equity account may be preferable.
7.5 Making Connections: Mathematical Modelling With Exponential and Logarithmic Equations • MHR 403
Communicate Your Understanding
C1 Refer to Example 1. Two regression models were proposed and one
was found to be better.
a) What was the basis for rejecting the quadratic model?
b) Consider a linear model for the data. Is it possible to construct a
line that fits the given data reasonably well?
c) Would a linear model be valid for extrapolation purposes?
Explain why or why not.
C2 Explain the difference between curve-fitting and mathematical
modelling. Identify any advantages either procedure has over the other.
C3 Refer to Example 2. Suppose that instead of an early withdrawal
penalty, the investment agency provids a bonus of 2% of the principal
if it is not withdrawn before 10 years have elapsed. How could this be
reflected using a transformation, and when will it apply?
A Practise
For help with questions 1 to 3, refer to Example 1. 3. Refer to the two exponential models developed
1. Plans for Decimal Point call for a highway in Example 1:
t
_
off-ramp to be built once the town’s population P ⫽ 1006(1.016)t P ⫽ 1000 ⫻ 2 43.5
reaches 6500. When should the off-ramp be built?
a) Use both models to predict
2. The town historian is writing a newspaper article i) the town’s population after 100 years
about a time when Decimal Point’s population
ii) how long it will take for the town’s
was only 100. Estimate when this was.
population to reach 20 000
b) Do these models generate predictions that
are identical, quite close, or completely
different? How would you account for
any discrepancies?
7.5 Making Connections: Mathematical Modelling With Exponential and Logarithmic Equations • MHR 405
10. Chapter Problem Decimal Point is hosting ✓Achievement Check
Summer-Fest: a large outdoor concert to
celebrate the start of summer. The headline 11. Use Technology The table shows the population
act is a rising rock group from Australia. growth of rabbits living in a warren.
()
versus time.
I
logarithmic equation 2 ⫺ 1 ⫽ 10 log _2 , b) Perform the following types of regression to
I I1
where _2 is the ratio of their intensities. model the data:
I1 i) linear
a) Biff’s drum kit is miked to produce a sound
ii) quadratic
level of 150 dB for the outdoor venue. The
maximum output of Rocco’s normal electric iii) exponential
guitar amplifier is 120 dB. What is the ratio Record the equation for the line or curve of
of the intensities of these instruments? best fit in each case.
Explain why Rocco’s signal needs to be c) Assuming that the rabbit population had
boosted by a concert amplifier. been steadily growing for several months
b) After a few heavier songs, the band plans before the collection of data, which model
to slow things down a bit with a couple of best fits the situation, and why?
power ballads. This means that Rocco will d) Use the model to predict when the population
switch to his acoustic guitar, which is only will reach 100.
one ten-thousandth as loud as his normally e) Do you think this trend will continue
amplified electric guitar. By what factor indefinitely? Explain why or why not.
should the sound crew reduce Biff’s drums to
balance them with Rocco’s acoustic guitar?
CONNECTIONS
You first compared sound levels using the decibel scale in Chapter 6.
Refer to Section 6.5.
CONNECTIONS
Certain types of growth phenomena follow a pattern that can be modelled by a logistic function, y
c
which takes the form f(x) ⫽ __ , where a, b, and c are constants related to the conditions
1 ⫹ ae⫺bx
of the phenomenon, and e is a special irrational number, like π. Its value is approximately 2.718.
The logistic curve is sometimes called the S-curve because of its shape.
Logistic functions occur in diverse areas, such as biology, environmental studies, and business,
0 x
in situations where resources for growth are limited and/or where conditions for growth vary over time.
Go to www.mcgrawhill.ca/links/functions12 and follow the links to learn more about logistic functions
and logistic curves.
7.5 Making Connections: Mathematical Modelling With Exponential and Logarithmic Equations • MHR 407