Chapter 30: Problem 17
Calculate the value of each of the given functions. Use the indicated number of terms of the appropriate series. Compare with the value found directly on a calculator. $$1.032^{6}\quad(3)$$
Short Answer
Expert verified
The approximate value using 3 terms is 1.20736. Direct calculator value is 1.21868.
Step by step solution
01
Understand the Function and Series
We need to compute \(1.032^6\). The problem indicates to use 3 terms of the series expansion. A common way to approximate powers is using the binomial expansion. For small values of \(x\), the binomial series is \( (1+x)^n \approx 1 + nx + \frac{n(n-1)}{2}x^2 + \cdots \). We will apply this for \(x = 0.032\) and \(n = 6\).
02
Apply the Binomial Series
Apply the formula: \[ (1+x)^n \approx 1 + nx + \frac{n(n-1)}{2}x^2 \] For \(x = 0.032\) and \(n = 6\), plug in these values: \[ 1.032^6 \approx 1 + 6 \times 0.032 + \frac{6 \times 5}{2} \times (0.032)^2 \] This simplifies to \[ 1 + 0.192 + \frac{30}{2} \times 0.001024 \].
03
Perform the Calculation
Calculate each part:- \(6 \times 0.032 = 0.192\)- \( (0.032)^2 = 0.001024\)- \( \frac{6 \times 5}{2} \times 0.001024 = 0.01536 \)Now add these results:- \( 1 + 0.192 + 0.01536 = 1.20736\)
04
Compare with Calculator
Using a calculator, compute \(1.032^6\) directly. You should get approximately \(1.21868\). Compare this with the approximation \(1.20736\). The binomial expansion gives a moderately close approximation with just 3 terms.
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Key Concepts
These are the key concepts you need to understand to accurately answer the question.
Understanding Binomial Expansion
The binomial expansion is a powerful tool in calculus. It allows us to approximate expressions to a simpler form. Especially when dealing with powers of small numbers. The formula \((1+x)^n \approx 1 + nx + \frac{n(n-1)}{2}x^2 + \cdots\) gives us an approximation by expanding the function into a series. In this scenario, we are interested in raising \(1.032\) to the power of 6. Here, \(x = 0.032\) and \(n = 6\). By substituting these values into the series expansion, we can approximate the result without intensive computation.
- The term \(n\) signifies the power we are expanding to, here \(6\).
- \(x\) represents the small increment from 1, which is \(0.032\).
Series Approximation Simplified
Series approximation is a method of estimating the value of a function by breaking it into a series. Each term in that series brings us closer to the actual value. For small numbers like \(0.032\), a series gives a reasonable approximation without needing full precision.The process involves
- identifying the function and its expansion form,
- using only a few terms for simplicity, and
- by systematically adding each term for a cumulative result.
Calculator Comparison Insight
Comparing the results of the series approximation with those of a calculator highlights the balance between precision and simplicity. Calculators give us high precision instantly, for example, \(1.032^6 \approx 1.21868\).Here's how to see differences:
- The binomial approximation yields \(1.20736\) using just three terms.
- The calculator delivers \(1.21868\), a more precise figure with many more decimals.
Essential Power Calculation
Power calculations, or raising a number to a power, form the backbone of many mathematical operations. Using series approximations to tackle power problems simplifies complex calculations into manageable steps, beneficial for quick answers.
In power calculation:
- Each term in the series represents a sequential operation building towards the power.
- Fewer terms lead to a faster but less precise estimate.