Question
The value, y, in USD of a particular stock for 4 days, x, is shown in the table.
days 0 1 2 3 4
stock value ($)
19.2 6.3 2 6.3 19.2
What type of function could be used to model the value, y, of the stock as a function of time, x?
(1 point)
Responses
linear function
linear function
exponential decay function
exponential decay function
exponential growth function
exponential growth function
quadratic function
quadratic function
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days 0 1 2 3 4
stock value ($)
19.2 6.3 2 6.3 19.2
What type of function could be used to model the value, y, of the stock as a function of time, x?
(1 point)
Responses
linear function
linear function
exponential decay function
exponential decay function
exponential growth function
exponential growth function
quadratic function
quadratic function
Skip to navigation
Answers
GPT-4o mini
To determine the type of function that could model the stock value over the specified days, let’s analyze the given values:
- Day 0: $19.2
- Day 1: $6.3
- Day 2: $2.0
- Day 3: $6.3
- Day 4: $19.2
Looking at the data, the stock value shows a decreasing trend initially (from Day 0 to Day 2), reaching a minimum value of 2.0 on Day 2, and then it increases again to 6.3 on Day 3 and back to 19.2 on Day 4.
This pattern is not linear since it does not follow a straight line.
Given that the stock value decreases to a minimum and then increases again, the behavior of the stock price can resemble that of a quadratic function, which typically allows for a parabolic shape. In a quadratic function, you can have a decrease followed by an increase, which fits the data you provided.
Therefore, the best choice from the options given is:
**quadratic function**.
- Day 0: $19.2
- Day 1: $6.3
- Day 2: $2.0
- Day 3: $6.3
- Day 4: $19.2
Looking at the data, the stock value shows a decreasing trend initially (from Day 0 to Day 2), reaching a minimum value of 2.0 on Day 2, and then it increases again to 6.3 on Day 3 and back to 19.2 on Day 4.
This pattern is not linear since it does not follow a straight line.
Given that the stock value decreases to a minimum and then increases again, the behavior of the stock price can resemble that of a quadratic function, which typically allows for a parabolic shape. In a quadratic function, you can have a decrease followed by an increase, which fits the data you provided.
Therefore, the best choice from the options given is:
**quadratic function**.