Question

The graph represents the closing price per share of stock for a company each day for 28 days8070605040301201046262010 12814 16 18 20 22 24What variable is represented on the horizontal axts?in the first week, was the stock price generally increasing ordecreasing?During which period did the closing price of the stockdecrease for at least 3 days in a row?11 7 10 1011 Increasing11 The day11 Decreasing

Answer 1

To answer this question, we need to observe the graph, and we have:

1. In the x-axis, we have the days for the stock for the company.

2. In the y-axis, we have the closing price for each day.

Therefore, we can say, according to the question:

• What variable is represented on the horizontal axis?, ,The day,.

We can see it from the graph, and the days are from 0 to 29 (approximately).

• If the first week was the stock price generally increasing or decreasing? ,Increasing,.

We can see from the graph that in the first 7 days the stock price was from 44 to 62 (approximately).

• During which period did the closing price of the stock decrease for at least 3 days in a row? ,7 to 10

We can see from the graph that for the day 7 to 10, the graph is