Power Growth

 

A second model is power growth. The model for this type of growth is given by .

 

t y(t) dy/dt d2y/dt2 d3y/dt3 d4y/dt4
0 0        
1 2 2      
2 16 14 6    
3 54 38 12 2  
4 128 74 18 2 0
5 250 122 24 2 0
6 432 182 30 2 0
7 686 254 36 2 0
8 1024 338 42 2 0
9 1458 434 48 2 0
10 2000 542 54 2 0

An example of power growth is given in the table and graph above with a=2 and b=3. Notice that this function increases faster as you move from left to right.

In the table above the first column is the t values, the second is the function values, the third is the approximate slope with the first entry given by .Notice that the values in this column get larger as you go down the column. That is this function grows faster as you move from left to right. The fourth column is related to the second derivative on each of the intervals and the first entry in it is given by . The fifth column is related to the third derivative on each of the intervals and the first entry in it is given by . Since this column is constant the model is a third degree polynomial or power function which is, of course, what we started with. The values in the first position of each column of the table can be used to write the formula for the model (beyond the scope of this appendix).

Lets look at this model from the calculus standpoint. The derivative is . The second and third derivatives are given by and respectively. Observe that the third derivative like the third difference is constant.

Another tool to use with power functions is the log-log plot. Observe that by taking the logarithm of each of the variables, t and y(t), a straight line is attained. That is in we have a linear function relating log(y(t)) and log(t). So if a plot y versus t on log-log paper reveals a straight line then a good model for the data is a power function. The graph on the left is a log-log plot of our made-up model. In this example a scatter

plot of the data is constructed and the axes are each changed to a log scale by double clicking on the axis and changing it to a log scale in the dialog box that comes up.

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