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Presentation Script Exponential Modelling

The presentation covers exponential modeling, which describes situations where values change by a constant percentage over time. It explains the model's parameters, applications like vehicle depreciation and bacteria growth, and highlights its limitations, such as the assumption of constant rates. The presentation concludes with an invitation for questions from the audience.

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devnsh024
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2 views1 page

Presentation Script Exponential Modelling

The presentation covers exponential modeling, which describes situations where values change by a constant percentage over time. It explains the model's parameters, applications like vehicle depreciation and bacteria growth, and highlights its limitations, such as the assumption of constant rates. The presentation concludes with an invitation for questions from the audience.

Uploaded by

devnsh024
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Presentation Script - Exponential Modelling

Slide 1
Good morning everyone. Today I am going to present about exponential modelling. Exponential
models help us describe situations where a value changes by the same percentage over time. In
this presentation, I will explain the model, its parameters, some real-life applications, a worked
example, its limitations, and half-life.

Slide 2
An exponential model is used when a quantity changes by a constant percentage over equal time
intervals. There are three common forms shown here: the base form, the decay form and the
continuous form. Here, k is the initial value, a or r represents the rate of growth or decay, and c is
the boundary value or horizontal asymptote.

Slide 3
Now let's understand the parameters. The value k is the starting value when time is zero. The value
a or r tells us how quickly the quantity grows or decreases. Finally, c is the boundary value. The
graph gets closer and closer to this value but never actually reaches it.

Slide 4
This slide explains the difference between growth and decay. If a is greater than 1 or r is positive,
the model shows growth. If a is between 0 and 1 or r is negative, it shows decay. Both models are
monotonic, which means they only move in one direction, either increasing or decreasing.

Slide 5
Exponential models have many real-life applications. They are used to calculate vehicle
depreciation, compound interest in banks, bacteria growth, and half-life in radioactive substances.
All of these involve a constant percentage change over time.

Slide 6
Here is a vehicle depreciation example. The model is V of t equals 24000 times 0.95 to the power t
plus 6000. The car loses five percent of its value every year. Its initial value is thirty thousand
dollars because V of zero equals thirty thousand. The graph approaches six thousand dollars, but it
never reaches that value because it is the horizontal asymptote.

Slide 7
Although exponential models are useful, they also have limitations. Growth cannot continue forever
in real life. These models also assume the data only increases or only decreases, while real
situations can fluctuate. They also assume a constant rate, which may change over time.

Slide 8
Thank you everyone. This concludes my presentation. I hope you now understand exponential
models, their uses, and their limitations. I will be happy to answer any questions.

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