Given: in the previous year, the table shows the prices of various amount of maize bushels in the same store.
A diagram displays the number of x-axis bussels and the price of maize in y axis dollars for 2012.
Search: The rate of change in this year's maize bushel, Part B: How many dollars is the present year's price of a maize bushel higher than in the previous year's maize bushel
Finding:
Earlier Year Panel
Bushel Number Corn prices
Shift rate of the previous year's maize bushel = (20-10)/(4 – 2) = = 10/2 = 5 Graph 2, 14, 4, 28, 6, 42 and 8, 56 and 10, 70, and 12, 84 Current year This year's rate of adjustment of the maize bushel, = (28 - 14)/(4 -2) = 14/2 = 7 7 - 5= 2 USD is more than the price of the maize bushel in the current year than the pre-year price of the maize bushel.
80 because 160 divided by 2 is 80 so 2 x 80
After 1 year=x1.1
After 2 years=x1.1*1.1
………
After 5 years=x1.1*1.1*1.1*1.1*1.1=x1.61051
X is equall to 9. Very simple, just look carefully.
0.55
Number of favorable outcome/Total number of possible outcome
24/(20+24)
