The price of one share of stock in BadInvestment.com plunged 14 points in 4 weeks. Find the average change in stock price per day.
Answer (2)
a v er g e c han g e = n u mb er o f d a ys n u mb er o f p o in t s 4 w ee k = 28 d a ys a v er a g e c han g e = 28 14 = 0 , 5 d a y s t oc k S o l u t i o n i s 0 , 5 d a y s t oc k .
The average change in the stock price of BadInvestment.com is a decrease of 0.5 points per day. This is calculated by dividing the total decrease of 14 points by the total days in 4 weeks, which is 28. The result is a daily decline of 0.5 points.
;
