When the value of TTT Sporting Goods stock lost 1 point, Lexi's stock market app represented the change as

Question

–
1 point.
The next day, the change in value of the stock was represented as
–
5 points. Which of these describes the change in the stock's value?

it lost 5 points

it neither lost nor gained

it gained 5 points

Answer 1

To understand the change in the stock's value based on the representations given:

1. Yesterday, the stock lost 1 point (–1 point).
2. The next day, the stock lost an additional 5 points (–5 points).

To calculate the total change in the stock's value over these two days:

• Day 1: Loss of 1 point (–1)
• Day 2: Loss of 5 points (–5)

Combining these changes gives: –1 + (–5) = –6 points.

This means the total change in the stock's value across both days is a loss of 6 points.

Therefore, the correct description of the change in the stock's value is: it lost 6 points.

However, among the options you provided, the closest is it lost 5 points, but it's important to note that the total change is actually 6 points if we consider both days combined. If we are to strictly adhere to the options you presented, then "it lost 5 points" would be the appropriate choice if referring to just the second day’s change.