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Business Mathematics and Statistics · Ch 4 — Functions

Kinds of Functions by Algebraic Form

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Kinds of Functions by Algebraic Form

Beyond classifying a function by how it matches elements (Section 4), the Business Mathematics & Statistics syllabus also expects familiarity with several standard families of functions, identified by their algebraic form.

Constant function: f(x)=kf(x) = k for a fixed real number kk, whatever the value of xx. Its graph is a horizontal straight line at height kk; it is many-one (unless the domain has only one element) and into (unless the codomain is {k}\{k\} itself).

Linear function: f(x)=mx+cf(x) = mx + c, where mm (the slope) and cc (the intercept) are constants. Its graph is a straight line; if m≠0m \neq 0, a linear function f:R→Rf: \mathbb{R} \to \mathbb{R} is always bijective.

Quadratic function: f(x)=ax2+bx+cf(x) = ax^2+bx+c, a≠0a \neq 0. Its graph is a parabola — opening upward if a>0a>0, downward if a<0a<0 — and, taken over all of R\mathbb{R}, is never one-one, because the two sides of the parabola repeat every output value except at the vertex.

<!-- FIGURE-NEEDED: graph — an upward-opening parabola y = ax^2 + bx + c with a>0, showing the vertex, the axis of symmetry, and a horizontal dashed line crossing the curve at two points to illustrate why a quadratic is many-one over all of R -->

Polynomial function: the general family f(x)=anxn+an−1xn−1+⋯+a1x+a0f(x)=a_nx^n + a_{n-1}x^{n-1} + \cdots + a_1x+a_0, of which constant, linear and quadratic functions are the simplest special cases (n=0,1,2n=0,1,2).

Rational function: a ratio of two polynomials, f(x)=p(x)q(x)f(x) = \dfrac{p(x)}{q(x)}, defined wherever q(x)≠0q(x) \neq 0. Its domain always excludes every root of q(x)q(x).

Modulus (absolute value) function: f(x)=∣x∣f(x) = |x|, defined as xx when x≥0x \ge 0 and −x-x when x<0x<0. Its graph is a 'V' shape with the vertex at the origin, and its range is always [0,∞)[0,\infty) — it is never negative.

<!-- FIGURE-NEEDED: graph — the V-shaped graph of y = |x|, showing the vertex at the origin and the two symmetric rays of slope +1 and -1 -->

Exponential function: f(x)=axf(x) = a^x, for a fixed base a>0, a≠1a>0,\ a \neq 1. Defined for every real xx, it is always positive, and is strictly increasing when a>1a>1 (used, for instance, to model compound growth of an investment or a population). …

Definition 1Rational Function

A function of the form f(x)=p(x)q(x)f(x) = \dfrac{p(x)}{q(x)} where p(x)p(x) and q(x)q(x) are polynomials; its domain is all real xx excep …

Definition 2Modulus Function

f(x)=∣x∣f(x) = |x|, equal to xx for x≥0x \ge 0 and −x-x for x<0x<0; its range is [0,∞)[0,\infty), since it …

Definition 3Exponential and Logarithmic Function

f(x)=axf(x) = a^x (a>0, a≠1a>0,\,a\neq1) is the exponential function, defined for all real xx and always positive; f(x)=log⁡axf(x) = \log_a x (a>0, a≠1, x>0a>0,\,a\neq1,\,x>0) is the logar …