Question

The graph could be divided up into three different periods of relatively consistent ticket price change: The years 1980 – 1988, 1989 – 1993 and 1994 – 2011. Can you find a typical rate of change in the price of a ticket for each of these time periods? In other words, on average, by how much did the price of a ticket increase by each year during each of these time periods?

Answer 1

In time period of 1980-1988 the rate of ticket price is $0.2 per year
Between time period 1989-1993 there is constant rate.
Between year 1994-2011 the increase in rate is same $0.2 per year

The graph could be divided up into three different periods of relatively consistent ticket price change: The years 1980 – 1988, 1989 – 1993 and 1994 – 2011.

What is Statistic?

The statistic is the study of mathematics which deal with relations between comprehensive data.

The graph is not available, in the question, so the graph could be as attached
For period 1980-1988
rate of change = 4.2-2.8/ 8 = 0.2
In time period of 1980-1988 the rate of ticket price is $0.2 per year

for period 1989-92 there is a straight line so,
Between time period 1989-1993 there at constant rate.

For period, 1994-2011

rate of change = 4.4-8/17 = 0.2
Between year 1994-2011 the increase in rate is same $0.2 per year

Thus, for the 3 Time period we have rate of change in ticket price is $0.2 per year, no change in ticket price, $0.2 per year respectively.

Learn more about Statistics here:
brainly.com/question/23091366

#SPJ1