Question
When the value of TTT Sporting Goods stock lost 1 point, Lexi's stock market app represented the change as
–
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
–
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
Answers
GPT-4o mini
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.
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.