Answer:
a) We want to find and if we replace x=3 into p(x) we got:
b) We want to find and if we replace x=13 into p(x) we got:
c)
d)
If we use the result from part c we have:
And the interpretation for this case would be:
It represents the average rate of change in price from 1996 to 2006.
Step-by-step explanation:
For this case we have the following function given:
Part a
We want to find and if we replace x=3 into p(x) we got:
Part b
We want to find and if we replace x=13 into p(x) we got:
Part c
For this case we want to find and we have from the results of part a and b this:
Part d
For this case we want to find:
If we use the result from part c we have:
And the interpretation for this case would be:
It represents the average rate of change in price from 1996 to 2006.