course Mth 173 9/14 9 Your solution, attempt at solution. If you are unable to attempt a solution, give a phrase-by-phrase interpretation of the problem along with a statement of what you do or do not understand about it. This response should be given, based on the work you did in completing the assignment, before you look at the given solution.vvvv
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Given Solution: `aThe three points on the graph are (3, 5000), (7, 5300) and (12, 5500). The rise between the first point and the second is from 5000 to 5300, or 300, and the run is from 3 to 7, or 4, so the slope is 300 / 4 = 75. Note that the 300 represents $300 and the 4 represents 4 months, so the slope represents $300 / (4 months) = $75 / month, which is the average rate of change during the first time interval. The rise between the second point and the third is from 5300 to 5500, or 200, and the run from 7 to 12 is 5, so the slope is 200 / 5 = 40. This slope represents the $40/month average rate of change during the second time interval. Click on 'Next Picture' to see the graph. `routine graph2 &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& Self-critique (if necessary): OK ------------------------------------------------ Self-critique Rating: OK ********************************************* Question: `q002. Look at your results for the slopes, and look the results for the average rates of change. What do you notice? In what way then does the graph represent the average rate of change? YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY Your solution: This tells me that the slope IS the average rate of change. confidence rating: 3 ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
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Given Solution: `aWe see from this example that the slope of a graph of value vs. clock time represents the rate at which value is changing with respect to clock time. &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& Self-critique (if necessary): OK ------------------------------------------------ Self-critique Rating: OK ********************************************* Question: `q003. To what extent do you think your graph, consisting of 3 points with straight line segments between them, accurately depicts the detailed behavior of the stocks over the 9-month period? YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY Your solution: Stocks don’t really go at a steady rate (they can change with no warning). With our graph consisting of only three points spread over a 9-month period, we really can’t give a very precise depiction of what the rates are for the months in between. All we can do is give an average based on the slope from one point to the next. confidence rating: 3 ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
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Given Solution: `aStocks can do just about anything from day to day-they can go up or down more in a single day than their net change in a month or even a year. So based on the values several months apart we can't say anything about what happens from day to day or even from month to month. We can only say that on the average, from one time to another, the stocks changed at a certain rate. &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& Self-critique (if necessary): OK ------------------------------------------------ Self-critique Rating: OK ********************************************* Question: `q004. From the given information, do you think you can accurately infer the detailed behavior of the stock values over the nine-month period? YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY Your solution: I don’t think that we can. All we can give is an average of what the other months might be. We really have no way of telling. confidence rating: 3 ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
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Given Solution: `aNot on a day-to-day basis, and not even on a month-to-month basis. All we can see from the given information is what might be an average trend. &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& Self-critique (if necessary): OK Self-critique Rating: OK "