The following time-series diagram tracks the performance of two stocks during the month of October. Describe the overall trend of the two stocks. By what percentage did the value of each stock increase or decrease during the month of October? Stock 2 -$200 Stock 1 E$150 Stock 2, E$100 Stock 1 F$ 50 1 5 11 16 21 26 31 October a. Stock 2 increased by 200%. Stock 1 decreased by 50%. b. Stock 2 increased by 100%. Stock 1 decreased by 50% c. Stock 2 increased by 200%. Stock 1 decreased by 33% d. Stock 2 increased by 100%. Stock 1 decreased by 33%.

Algebra and Trigonometry (6th Edition)
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ISBN:9780134463216
Author:Robert F. Blitzer
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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The following time-series diagram tracks the performance of two stocks during
the month of October. Describe the overall trend of the two stocks. By what
percentage did the value of each stock increase or decrease during the month
of October?
Stock 2
$200
Stock 1
T$150
Stock 2
-$100
Stock 1
T$ 50
1 5 11 16 21
26 31
October
a. Stock 2 increased by 200%. Stock 1 decreased by 50%.
b. Stock 2 increased by 100%. Stock 1 decreased by 50%
c. Stock 2 increased by 200%. Stock 1 decreased by 33%
d. Stock 2 increased by 100%. Stock 1 decreased by 33%.
Transcribed Image Text:The following time-series diagram tracks the performance of two stocks during the month of October. Describe the overall trend of the two stocks. By what percentage did the value of each stock increase or decrease during the month of October? Stock 2 $200 Stock 1 T$150 Stock 2 -$100 Stock 1 T$ 50 1 5 11 16 21 26 31 October a. Stock 2 increased by 200%. Stock 1 decreased by 50%. b. Stock 2 increased by 100%. Stock 1 decreased by 50% c. Stock 2 increased by 200%. Stock 1 decreased by 33% d. Stock 2 increased by 100%. Stock 1 decreased by 33%.
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