solution of fuctional equation: $f(g(x))=x^2$.

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For any $x \in (1,+\infty)$, $f(g(x))=x^2$, $g(f(x))=x^4$.

How to find the $f(x)$$g(x)$ statisfying above functional equation.

Suppose inverse function existed.

The problem can be simplified to $f^2(x)=f(x^4)$.

How to find $f(x)$?

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With $x=e^{4^t}$, $f^2(x)=f(x^4)$ turns to

$$2\log(f(e^{4^t}))=\log(f(e^{4^{t+1}}))$$ which is of the form

$$h(t+1)=2h(t),$$

and has the solution

$$h(t)=2^th_0.$$

So $$\log(f(x))=2^{\log_4(\log(x))}h_0=\sqrt{\log(x)}h_0$$

and finally,

$$f(x)=e^{\sqrt{\log(x)}h_0}=a_0^{\sqrt{\log(x)}}.$$


Technical note:

In fact, $a_0$ is not a constant. As the recurrence is given for values of $t$ one unit apart, $a_0(t)$ can be defined freely in any interval of unit length, such as $[t_0,t_0+1)$. This corresponds to a free definition of $f$ in $[x_0,x_0^4)$.

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Solving $$ f(x)^2 = f(x^4) . \tag{1}$$

We do not require that $f$ be continuous!

Let $f$ be arbitrary $[2,2^4) \to (1,+\infty)$. Extend recursively:

For $x \in [2^4,2^{4^2})$, let $f(x) = f(\sqrt[4]{x}\;)^2$. This means that $f$ satisfies $(1)$ for $x \in [2,2^{4})$.

For $x \in [2^{4^2}, 2^{4^3})$, let $f(x) = f(\sqrt[4]{x}\;)^2$. This means that $f$ satisfies $(1)$ for $x \in [2^4,2^{4^2})$.

Continue in this way: for $x>2^4$ define $f(x) = f(\sqrt[4]{x}\;)^2$.

In the other direction: For $x \in [2^{4^{-1}},2)$, let $f(x) = \sqrt{f(x^4)}$. This means that $f$ satisfies $(1)$ for $x \in [2^{4^{-1}},2)$.

For $x \in [2^{4^{-2}},2^{4^{-1}})$, let $f(x) = \sqrt{f(x^4)}$. This means that $f$ satisfies $(1)$ for $x \in [2^{4^{-2}},2^{4^{-1}})$.

Continue in this way: For $1 < x < 2$ define $f(x) = \sqrt{f(x^4)}$.