Business Mathematics and Statistics · Ch 4 — Functions
Kinds of Functions by Algebraic Form
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: for a fixed real number , whatever the value of . Its graph is a horizontal straight line at height ; it is many-one (unless the domain has only one element) and into (unless the codomain is itself).
Linear function: , where (the slope) and (the intercept) are constants. Its graph is a straight line; if , a linear function is always bijective.
Quadratic function: , . Its graph is a parabola — opening upward if , downward if — and, taken over all of , 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 , of which constant, linear and quadratic functions are the simplest special cases ().
Rational function: a ratio of two polynomials, , defined wherever . Its domain always excludes every root of .
Modulus (absolute value) function: , defined as when and when . Its graph is a 'V' shape with the vertex at the origin, and its range is always — 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: , for a fixed base . Defined for every real , it is always positive, and is strictly increasing when (used, for instance, to model compound growth of an investment or a population). …
A function of the form where and are polynomials; its domain is all real excep …
, equal to for and for ; its range is , since it …
() is the exponential function, defined for all real and always positive; () is the logar …