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275 250 225 200 222.6 175 | 1501 125 148.2 182 5 · 1001 75081 28 32 36 40 44 48

ID: 2819257 • Letter: 2

Question

275 250 225 200 222.6 175 | 1501 125 148.2 182 5 · 1001 75081 28 32 36 40 44 48 52 Waist circumference (inches) 11. Finance The accompanying graph gives the value of the S&P 500 Index for 12 months, where 1 corresponds to January, 2011. (Data from: www.morningstar.com.) (a) Which time period has the greater average rate of change: month 2 to month 3, month 7 to month 9, or month 9 to month 10? (b) Which time period has the greater average rate of change: month 3 to month 4, or month 9 to month 10?

Explanation / Answer

Whether a) or b) the average rate of change has remained intact for each time period hence there is no greater average rate of change observed in the graph for the time periods mentioned as above. Hope the same is clarified.

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