Graph A and Graph B both show the closing price (in dollars) of the stock for ABC Corp. for eight consecutive business days from April 1 through April 10. (Both graphs show exactly the same data.) 100 98 96 94 92. Graph A Closing price (in dollars) Apr 1 Apr 2 Apr 3 Apr 4 Apr 5 Apr 8 Apr 9 Apr 10 100 90 80 70- 60 50 40 30 20 10 Graph B Closing price (in dollars) Apr 1 Apr 2 Apr 3 Apr 4 Apr 5 Apr 8 Apr 9 Apr 10 (a) Give a rough estimate of the change in daily closing price from April 1 to April 10. (Choose the best answer.) It more than doubled. It increased by about 10%. It increased by a factor of 10, so on April 10 the closing price was 10 times what it was on April 1. It decreased by a factor of 10, so on April 10 the closing price was only 11/0 of what it was on April 1. (b) Approximate to the nearest whole number (in dollars) the change in the daily closing price from April 1 to April 10. dollars ×

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Chapter10: Statistics
Section10.2: Representing Data
Problem 5GP
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(c)Which of the two graphs is more likely to be misleading? Why? (Choose the best answer.)
 
 In Graph A, the points look to be at very different heights, suggesting that there was a dramatic increase in the closing price. In Graph B, the points look to be at similar heights, which suggests there was a relatively small increase in the closing price. Therefore, Graph B could mislead a person into thinking that the increase in the closing price between April 1 and April 10 was smaller than it really was.
 
 In Graph A, the points look to be at similar heights, which suggests there was a relatively small increase in the closing price. In Graph B, the points look to be at very different heights, suggesting that there was a dramatic increase in the closing price. Therefore, Graph B could mislead a person into thinking that the increase in the closing price between April 1 and April 10 was larger than it really was.
 
 In Graph A, the baseline is at 
90
 instead of 
0
, which exaggerates the differences between the closing prices. In Graph B, the baseline is at 
0
, so the points are at heights of the same relative size as the actual closing prices. Therefore, Graph A could mislead a person into thinking that the increase in the closing price between April 1 and April 10 was larger than it really was.
 
 In Graph A, the points are at heights of the same relative size as the actual closing prices. In Graph B, the differences between the closing prices are exaggerated. Therefore, Graph A could mislead a person into thinking that the increase in the closing price between April 1 and April 10 was smaller than it really was.
 
a and b is in photo
Graph A and Graph B both show the closing price (in dollars) of the stock for ABC Corp. for eight consecutive business days from April 1 through April 10. (Both
graphs show exactly the same data.)
100
98
96
94
92.
Graph A
Closing price
(in dollars)
Apr 1
Apr 2
Apr 3
Apr 4
Apr 5
Apr 8
Apr 9
Apr 10
100
90
80
70-
60
50
40
30
20
10
Graph B
Closing price
(in dollars)
Apr 1
Apr 2
Apr 3
Apr 4
Apr 5
Apr 8
Apr 9 Apr 10
Transcribed Image Text:Graph A and Graph B both show the closing price (in dollars) of the stock for ABC Corp. for eight consecutive business days from April 1 through April 10. (Both graphs show exactly the same data.) 100 98 96 94 92. Graph A Closing price (in dollars) Apr 1 Apr 2 Apr 3 Apr 4 Apr 5 Apr 8 Apr 9 Apr 10 100 90 80 70- 60 50 40 30 20 10 Graph B Closing price (in dollars) Apr 1 Apr 2 Apr 3 Apr 4 Apr 5 Apr 8 Apr 9 Apr 10
(a) Give a rough estimate of the change in daily closing price from April 1 to April 10. (Choose the best answer.)
It more than doubled.
It increased by about 10%.
It increased by a factor of 10, so on April 10 the closing price was 10 times what it was on April 1.
It decreased by a factor of 10, so on April 10 the closing price was only 11/0
of what it was on April 1.
(b) Approximate to the nearest whole number (in dollars) the change in the daily closing price from April 1 to April 10.
dollars
×
Transcribed Image Text:(a) Give a rough estimate of the change in daily closing price from April 1 to April 10. (Choose the best answer.) It more than doubled. It increased by about 10%. It increased by a factor of 10, so on April 10 the closing price was 10 times what it was on April 1. It decreased by a factor of 10, so on April 10 the closing price was only 11/0 of what it was on April 1. (b) Approximate to the nearest whole number (in dollars) the change in the daily closing price from April 1 to April 10. dollars ×
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