Plz help on 28 and 29. Thank you.
1 answer:
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Given:
Price change of four companies .
To find:
Smallest price change of the four companies.
Solution:
We have price change of four companies as .
Here negative sign represents the decrease in stock market price.
Price change can either positive or negative. So, we need to find the absolute value of each price change.
Arrange these values in increasing order.
Now,
Price changes in ascending order is
Hence, -1/8 the smallest price change of the four companies.