Which of the following is an exponential function? \( y=3^{x} \quad y=2 x^{3} \quad y=x^{1 / 2} \)
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The function \( y = 3^{x} \) is an exponential function because it has the form \( y = a^{x} \), where \( a \) is a positive constant (in this case, 3) and the variable \( x \) is in the exponent. This means that the base is being raised to the power of the variable, leading to rapid growth or decay depending on the base's value. In contrast, the other two functions, \( y = 2x^{3} \) and \( y = x^{1/2} \), are polynomial functions. They do not exhibit the unique properties of exponential functions, such as constant percentage growth. Remember, exponential growth is like a rocket taking off, while polynomial functions are more like a steady ascent—you’ll see differences in their curves!