Law Of Exponential Growth

Law Of Exponential Growth

Exponential growth (including exponential decay when the growth rate is negative) occurs when the growth rate of the value of a mathematical function is proportional to the function's current value. In the case of a discrete domain of definition with equal intervals it is also called geometric growth or geometric decay (the function values form a geometric progression).
The formula for exponential growth of a variable x at the (positive or negative) growth rate r, as time t goes on in discrete intervals (that is, at integer times 0, 1, 2, 3, ...), is where is the value of x at time 0. For example, with a growth rate of r = 5% = 0.05, going from any integer value of time to the next integer causes x at the second time to be 1.05 times (i.e., 5% larger than) what it was at the previous time. KnowMoreAboutRealNumberWorksheets

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The number of microorganisms in a culture both will increase exponentially until an essential nutrient is exhausted. Typically the first organism splits into two daughter organisms, who then each split to form four, who split to form eight, and so on. A virus (for example SARS, or smallpox) typically will spread exponentially at first, if no artificial immunization is available. Each infected person can infect multiple new people. Human population, if the number of births and deaths per person per year were to remain at current levels (but also see logistic growth). For example, according to the United States Census Bureau, over the last 100 years (1910 to 2010), the population of the United States of America is exponentially increasing at an average rate of one and a half percent a year (1.5%). This means that the doubling time of the American population (depending on the yearly growth in population) is approximately 50 years. Many responses of living beings to stimuli, including human perception, are logarithmic responses, which are the inverse of exponential responses; the loudness and frequency of sound are perceived logarithmically, even with very faint stimulus, within the limits of perception. This is the reason that exponentially increasing the brightness of visual stimuli is perceived by humans as a linear increase, rather than an exponential increase. This has survival value. Generally it is important for the organisms to respond to stimuli in a wide range of levels, from very low levels, to very high levels, while the accuracy of the estimation of differences at high levels of stimulus is much less important for survival.

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According to legend, vizier Sissa Ben Dahir presented an Indian King Sharim with a beautiful, hand-made chessboard. The king asked what he would like in return for his gift and the courtier surprised the king by asking for one grain of rice on the first square, two grains on the second, four grains on the third etc. The king readily agreed and asked for the rice to be brought. All went well at first, but the requirement for 2 n 1 grains on the nth square demanded over a million grains on the 21st square, more than a million million (aka trillion) on the 41st and there simply was not enough rice in the whole world for the final squares. (from Swirski, 2006). In computational complexity theory, computer algorithms of exponential complexity require an exponentially increasing amount of resources (e.g. time, computer memory) for only a constant increase in problem size. So for an algorithm of time complexity 2x, if a problem of size x = 10 requires 10 seconds to complete, and a problem of size x = 11 requires 20 seconds, then a problem of size x = 12 will require 40 seconds. This kind of algorithm typically becomes unusable at very small problem sizes, often between 30 and 100 items (most computer algorithms need to be able to solve much larger problems, up to tens of thousands or even millions of items in reasonable times, something that would be physically impossible with an exponential algorithm). Also, the effects of Moore's Law do not help the situation much because doubling processor speed merely allows you to increase the problem size by a constant. E.g. if a slow processor can solve problems of size x in time t, then a processor twice as fast could only solve problems of size x+constant in the same time t. So exponentially complex algorithms are most often impractical, and the search for more efficient algorithms is one of the central goals of computer science today.

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