0% found this document useful (0 votes)
3 views33 pages

L2 Equations

Uploaded by

kbqb6m7rhs
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
3 views33 pages

L2 Equations

Uploaded by

kbqb6m7rhs
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 33

MN1105

Introduction to Linear, Quadratic,


Logarithmic & Exponential Equations

LakshmiNarasimhan
Vedanthachari
Agenda

1.Lines and linear equations


2.Quadratic equations
3.Power and Logarithm
functions
4.Derivatives and one
application
Type of relationship between variables

Linear
Y= mX+C

Power Model
Y = aX2 + C
Y = Dependant Variable Quadratic Equations
X = Independent Variable
m = Slope can also be grouped here
C = a constant initial conditions
Type of Relationships between Variables

Inverse Square
𝑦 =𝑎 √ 𝑥
Square Root Model
S-Curve
Asymptotic – Starts with high
demand and tapers off Exponential Curve
Straight line graphs

y = 2x + 1
7
Linear equations - Generic form y = m*x +
b
b= Y intersect; m= gradient (positive, negative);
Left side (Y): Unknown, dependent variable(s
Right side: Independent (x), they can do what they like…
m is positive

m is negative
Finding the equation of a line y = mx+b

You only need two points to draw a straight line


Example: Find the equation of the line through the points (-
1,3) and (2,9)
Gradient (m) is (y2 – y1)/(x2 – x1)
= (9-3) / (2+1) = 6/3 = 2
so y = 2x + b
To find the value of b, just use one of the points
For instance 2,9 tells us that 9 = 2 x 2 + b, so b is 5
the9 equation is y = 2x + 5
An application: Linearity in manufacturing – needs accurate reasoning on the
gradient

A company has £2000 per week to spend


making radios and televisions. It costs £5 to
make a radio, £40 to make a television

Possible numbers of
radios (x) and
televisions (y) they
could manufacture with
a constraint (budget)

10
Joe Bloggs income tax was £2290. His income tax
rate was 10% for the first £13,000 of income and 15%
for income excess of £13000. Which of the following
equation best models x, Joe Bloggs income?
1. (0.1+0.15)x-13000 = 2290
2. 0.15x- (0.1)(13000) = 2290
3. (0.1)(13,000)+0.15x = 2290
4. (0.1)(13000)+ 0.15(x-13000) = 2290
11
Solving problems with linear equations – equate them and solve

Example: we want the x and y which makes both


or Y equations true
1. 2x - y = -1 equation 1
2. 14x + 3y = 43 equation 2
a) Solve for one variable (x). To do so, we can
multiply or divide an equation to get an equivalent
equation and get rid of y
Multiplying equation 1 by 3 gives
or X  6x – 3y = -3 equation 1’
 14x + 3y = 43 equation 2

Adding these two gives 20x + 0y = 40 and so x


=2
b) If we put x =2 into equation 1 we can solve for y
 2x – y = -1 gives 4 – y = -1, and so y = 5

12
Solve the following pair of linear equation

3x+2y = 36
5x+4y = 64

Solution:
Step 1: Multiply Equation 1 by 2 and then subtract
6x + 4y = 72 −
5x + 4y = 64
x + 0y = 8
X = 8; Substitute x in 3(8)+2y = 36 will give y = 6
13
S0lve

3x-4y = 12
-12x+16Y = 5

14
If Tom and John combine their savings they have
£36000; If Tom’s investment is halved and John’s share
doubled the value goes to £42000. What are their
individual savings?

T+J = 36000;
T/2+2J = 42000
T/2+72000-2T = 42000
3/2T = 30000
T 15
= 20000; J = 16,000
MN1105
Non-linearity: Quadratic Equations,
Logarithms
Functions

A function is a mathematical expression that defines a set


of operations on one or more variables to produce a
value
•E.g. 2x + y is a function of x and y

Can give functions names, with value it is applied to


•E.g. f(x) is a function of x

f(x) = 2x + 3
This Photo
by Unknown
Author is
licensed
under

so f(y) = 2y + 3 and f(2) = 2 x 2


CC BY-SA-NC

+3 = 7
17
Linear equations are just one type of functions
Quadratic functions can be represented by curves

Quadratic function has form y = ax2 + bx + c (see


chapters MM1-2) and has a curved graph

Example: y = x2
x -5 -3 -1 0 3 5
y 25 9 1 0 9 25

Notice symmetry

We can plot some points and have


18
an ‘idea’ of the behavior of this function
Another example

Sketch y = -x2 +2x +3


The x2 term is negative so the curve
is an inverted ‘U’
It crosses the y axis at (0, 3)
It crosses the x axis at (-1,0) and
(3,0)
It turns or reaches a peak when x =
-b/2a
So (x) = -2/2*-1 = 1, y = -1+2+3 = 4
Hence peak point is (1,4)

19
Quadratic equations are one type of non-linear behaviour

y = a*x*x + b*x + c or y = a*x^2 + b*x + c


This Photo by Unknown Author is licensed under
CC BY-SA
A key aim is to find points (x) where things ‘start’ turning in the curve.
An example (check your book, chapter M5) – Profit Breaking even: revenue=cost
Profit = revenue (linear) – cost (quadratic), with both
depending on unit price. Cost decreases or increases (see figure)
To find important (x) values (peak, breaking even points),
we can use the formula:

or x = -b/2a (peaks of maximum profit or loss)


Breaking even: revenue=cost
A similar example: Demand based on sale price per unit (Chapters MM1,
MM2)

1000 = 2000+1000p-6p^2
−𝑏 ± √ 𝑏2 − 4 𝑎𝑐 -6p^2+1000p+1000 = 0
𝑥= p= -1000+-(√(1000)^2-4*(-6)*1000)/2*-6
2𝑎
Gives p = £23.69 (we take the positive)
Express this situation as a quadratic equation

An investor purchases some shares for £7000. When the price per share increases by £1.50 she
sells all but 1000 of the shares for £5000. Find an equation for the number of shares she bought
originally.
Revenue = Number of shares * Unit Price
Revenue = 5000
Number of shares = X-1000
Original Unit Price = 7000/x ; New Unit Price = 7000/x + 1.5
X = Number of shares the investor purchases
Price per share = 7000/x
Investor sells x-1000 shares when the price increases by £1.5 and gets £5000
Hence
(X-1000)*(7000/x+1.5) = 5000
7000+1.5x-7000000/x-1500 = 5000

22/x Which simplifies into 500 + 1.5x-7,000,000/x-1500 = 0


Power function

y = ax

higher a, the steeper the curve. All go through 0,1, but afterwards, they go ‘nu
23
Solving Exponential Problems

Exponential Equation can be expressed in the form –

Value = Coefficient (Base)exponent


In short y = abt
Based on the objective of the problem, this equation should be solved accordingly.
Scenario E.g. Output

Coefficient, Base A machinery is depreciating Coefficient = 12,000


and Exponent at the rate of 7% per year. If b = 1-r = 1-0.07 =
are known it is valued £12,000 what will 0.93
be it’s value in three years t = 3 years
1200*(0.93)3 =
12000*0.804 = 9,652
24/x
Scenario E.g. Output

The objective The machinery is Coefficient = a


is to depreciating at the rate b = 1-r = 1-0.07 =
determine the of 7% per year. The 0.93
coefficient machinery has been t = 3 years
valued £8000 after three 8000 = a*(0.93)3
years, what was the 8000 / (0.93)3 =
value of the machinery £9,945
when it was new?
The objective A business owner has a 10,000 = 20,000
is to machinery that is valued at (0.93)t
determine
25/x the £20,000 today and is
depreciating at the rate of 7%
Use logarithm

A quantity representing the power to which a fixed number must be raised


to produce a given number. The fixed number is also known as base
Log of a number to given base is the power or exponent to which the base
must be raised in order to produce that number
Y = ax can be re-written as
Log aY = x
We know 2^3 = 8 (2*2*2 =8)
This can be written as 3 = log2 8
Likewise Log 10 1000 = 3 which is nothing 10^3 = 1000
26/x
Logarithmic Laws

27/x
Example – Compound interest (5 years)

28
Solving powers (y = ax ) – Logarithm function or log x (take logarithms in both
sides)
For any base
1. log pq = log
p +log q
2. log (p/q) =
log p – log q
3. log pn = n log
p

29
Example: If I have £1000 to invest, and the interest rate is 5% per year, how
many years will it take to accumulate £2000?

A = C* (1+r)^n (r Solution
is a fraction or £2000= £1000*(1+5/100)^n
percentage) We take Logs and follow the rules
Log(2000)= Log 1000 + Log
1. log pq = log p (1+5/100)^n [1]
+log q This Photo by Unknown Log (2000) = Log (1000) +
Author is licensed

2. log (p/q) = log p under CC BY-SA nLog(1+5/100)[3]


– log q Then we ‘clear’ n
3. log pn = n log p Log (2000)-Log(1000)=
nLog(1+5/100)
[Log (2000)-Log (1000)]/ Log
Derivatives (MM3)

The gradient at a point is the


gradient of the tangent at that
point.

It is the change in y divided by


the change in x, between a
point and a point
infinitesimally near.
Note: the gradient differs at
different points

Useful for calculating rates of change between xs and


ys
dy/dx when y = x^n = n*x^n-1 (MM3, page 175)
Derivatives – one application (MM3, p.181)

Useful for calculating rates of change between xs and


ys
dy/dx when y = x^n
= n*x^n-1 (MM3, page 174-175, also check log
and e function derivatives, this rule might not
apply to them!)
For example, when R (revenue) is a function of Q
(demand)
1. R= 10Q – 0.001Q^2 [R becomes y, Q becomes x]
For Q = 3000, what is the marginal revenue?
DR/DQ = 10-2*(0.001)Q [take derivatives in 1 above]
DR/DQ = 10-2*(3) [replacing Q by 3000, multiplying it
by 0.001]
DR/DQ = 4  Revenue can become 4 times large
than32the demand if this demand increases.
Further Reading

• Look at chapters 3 & 4


(look at the colored work
cards and assessments)

• Solve the problems and


also use the online
resources

33

You might also like