Step 1 :The problem is asking for an exponential function that models the decay of a radioactive substance. The general form of an exponential decay function is \(y = a \times (1 - r)^t\), where \(a\) is the initial amount, \(r\) is the rate of decay, and \(t\) is time.
Step 2 :In this case, \(a\) is 350 milligrams, \(r\) is 6.5%, and \(t\) is the number of years since the start of the study.
Step 3 :We need to convert the decay rate from a percentage to a decimal, so \(r = \frac{6.5}{100} = 0.065\).
Step 4 :Therefore, the function is \(y = 350 \times (1 - 0.065)^t\).
Step 5 :The exponential function showing the relationship between \(y\) and \(t\) is \(\boxed{y = 350 \times (1 - 0.065)^t}\).