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If a stock price goes from $10 to $15 from January 1st to January 31, from $12 to $9 from February 1st to February 28th, and from $9 to $15 from March 1st to March 31st, is the price change from $10 to $15 a straight line?

User Wzberger
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Final answer:

No, the price change from $10 to $15 is not a straight line. The stock price fluctuations indicate that the price change is not a straight line.

Step-by-step explanation:

No, the price change from $10 to $15 is not a straight line. To determine if a price change is a straight line, we need to examine the relationship between the price and time. In this case, the stock price fluctuations are described by a linear equation: y = 15 - 1.5x, where x represents the number of hours passed in an eight-hour day of trading.

If we plot the stock price changes for January, February, and March, we can see that the graph does not form a straight line. In January, the stock price increases from $10 to $15, which represents a positive change. In February, the stock price decreases from $12 to $9, which represents a negative change. Finally, in March, the stock price increases again from $9 to $15, once again representing a positive change. The fluctuations in stock price indicate that the price change is not a straight line.

User Jabrena
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