Question

The price of one share of ABC company declined a total of $47.75 in 5 days.What was the average change of the price of one share per day?

Answer 1

Average Change each day, so basically we're just going to divide $47.75 by 5 because we're trying to see what was the average decrease each day, so it's kinda like taking the inverse of the mean, which means the average.


`(47.75)/(5) = 9.55`
Answer:

So Basically, the average decrease each day was $9.55 per day

Answer 2

Take the common denominator and divide by 3