Graph A and Graph B both show the closing price (in dollars) of the stock for ABC Corp. for eight consecutive business days from March 1 through March 10. (Both graphs show exactly the same data.) Graph A Closing price (in dollars) Graph B Closing price (in dollars) 100 98. 96. 94- 92. Mar 1 Mar 2 Mar 3 Mar 4 Mar 5 Mar 8 Mar 9 Mar 10 100 90 80 70 60 50. 40 30 20 10 Mar 1 Mar 2 Mar 3 Mar 4 Mar 5 Mar 8 Mar 9 Mar 10 (c) Which of the two graphs is more likely to be misleading? Why? (Choose the best answer.) In Graph A, the heights of the bars look very different, which suggests there was a relatively small fluctuation in the closing prices. In Graph B, the heights of the bars are visually similar, suggesting that there was a dramatic increase in the closing prices. Therefore, Graph B could mislead a person into thinking that the day-to-day fluctuation in the closing prices between March 1 and March 10 was larger than it really was. ○ In Graph A, the heights of the bars are visually similar, suggesting that there was a dramatic fluctuation in the closing prices. In Graph B, the heights of the bars look very different, which suggests there was a relatively small increase in the closing prices. Therefore, Graph B could mislead a person into thinking that the day-to-day fluctuation in the closing prices between March 1 and March 10 was smaller than it really was. In Graph A, the differences between the closing prices are exaggerated. In Graph B, the heights of the bars have the same relative size as the actual closing prices. Therefore, Graph A could mislead a person into thinking that the day- to-day fluctuation in the closing prices between March 1 and March 10 was larger than it really was. In Graph A, the baseline is at 90 instead of 0, so the heights of the bars have the same relative size as the actual closing prices. In Graph B, the baseline is at 0, which exaggerates the differences between the closing prices. Therefore, Graph A could mislead a person into thinking that the day-to-day fluctuation in the closing prices between March 1 and March 10 was larger than it really was.
Graph A and Graph B both show the closing price (in dollars) of the stock for ABC Corp. for eight consecutive business days from March 1 through March 10. (Both graphs show exactly the same data.) Graph A Closing price (in dollars) Graph B Closing price (in dollars) 100 98. 96. 94- 92. Mar 1 Mar 2 Mar 3 Mar 4 Mar 5 Mar 8 Mar 9 Mar 10 100 90 80 70 60 50. 40 30 20 10 Mar 1 Mar 2 Mar 3 Mar 4 Mar 5 Mar 8 Mar 9 Mar 10 (c) Which of the two graphs is more likely to be misleading? Why? (Choose the best answer.) In Graph A, the heights of the bars look very different, which suggests there was a relatively small fluctuation in the closing prices. In Graph B, the heights of the bars are visually similar, suggesting that there was a dramatic increase in the closing prices. Therefore, Graph B could mislead a person into thinking that the day-to-day fluctuation in the closing prices between March 1 and March 10 was larger than it really was. ○ In Graph A, the heights of the bars are visually similar, suggesting that there was a dramatic fluctuation in the closing prices. In Graph B, the heights of the bars look very different, which suggests there was a relatively small increase in the closing prices. Therefore, Graph B could mislead a person into thinking that the day-to-day fluctuation in the closing prices between March 1 and March 10 was smaller than it really was. In Graph A, the differences between the closing prices are exaggerated. In Graph B, the heights of the bars have the same relative size as the actual closing prices. Therefore, Graph A could mislead a person into thinking that the day- to-day fluctuation in the closing prices between March 1 and March 10 was larger than it really was. In Graph A, the baseline is at 90 instead of 0, so the heights of the bars have the same relative size as the actual closing prices. In Graph B, the baseline is at 0, which exaggerates the differences between the closing prices. Therefore, Graph A could mislead a person into thinking that the day-to-day fluctuation in the closing prices between March 1 and March 10 was larger than it really was.
Chapter7: Systems Of Equations And Inequalities
Section7.3: Systems Of Nonlinear Equations And Inequalities: Two Variables
Problem 4SE: If you graph a revenue and cost function, explain how to determine in what regions there is profit.
Related questions
Question
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(a)Explain how the daily closing price changed between March 1 and March 10.
12
10%
(b)Approximate to the nearest whole number (in dollars) the difference between the maximum daily closing price and the minimum daily closing price.
dollars
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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 March 1 through March 10.
(Both graphs show exactly the same data.)
Graph A
Closing price
(in dollars)
Graph B
Closing price
(in dollars)
100
98.
96.
94-
92.
Mar 1
Mar 2
Mar 3
Mar 4
Mar 5
Mar 8
Mar 9
Mar 10
100
90
80
70
60
50.
40
30
20
10
Mar 1
Mar 2
Mar 3
Mar 4
Mar 5
Mar 8
Mar 9
Mar 10
Transcribed Image Text:(c) Which of the two graphs is more likely to be misleading? Why? (Choose the best answer.)
In Graph A, the heights of the bars look very different, which suggests there was a relatively small fluctuation in the
closing prices. In Graph B, the heights of the bars are visually similar, suggesting that there was a dramatic increase
in the closing prices. Therefore, Graph B could mislead a person into thinking that the day-to-day fluctuation in the
closing prices between March 1 and March 10 was larger than it really was.
○ In Graph A, the heights of the bars are visually similar, suggesting that there was a dramatic fluctuation in the closing
prices. In Graph B, the heights of the bars look very different, which suggests there was a relatively small increase in
the closing prices. Therefore, Graph B could mislead a person into thinking that the day-to-day fluctuation in the
closing prices between March 1 and March 10 was smaller than it really was.
In Graph A, the differences between the closing prices are exaggerated. In Graph B, the heights of the bars have the
same relative size as the actual closing prices. Therefore, Graph A could mislead a person into thinking that the day-
to-day fluctuation in the closing prices between March 1 and March 10 was larger than it really was.
In Graph A, the baseline is at 90 instead of 0, so the heights of the bars have the same relative size as the actual
closing prices. In Graph B, the baseline is at 0, which exaggerates the differences between the closing prices.
Therefore, Graph A could mislead a person into thinking that the day-to-day fluctuation in the closing prices between
March 1 and March 10 was larger than it really was.
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