I have some data that can be fit reasonably well with an exponential function. However, a colleague mentioned that it would be better to use the sum of two exponentials:
$$ f(x; a, b_1, b_2, \lambda_1, \lambda_2) = a + b_1 e^{\lambda_1 x} + b_1 e^{\lambda_2 x} $$
There was no mathematical justification given, and I'm curious: assuming that this is used to model what is roughly exponential (so $\lambda_1$ and $\lambda_2$ have the same sign, for example), what properties does this kind of function have? Does this function have a name? I assume there must be a fully general case, which is an infinite sum of exponentials? I'm having trouble searching online for this, because Google thinks I'm referring to the sum of exponential random variables.