Question

Will fan and medal:) Help ASAP

The price of a minor league baseball ticket increased and decreased these amounts over four years: -10.8%, +14.2%, +16.5%, -4.7%. What is the MEAN increase or decrease over the four years? (Hint: add and divided by four.) (Points : 1)
3.6% increase
3.8% decrease
3.8% increase
4.6% increase

Answer 1

follow the hint

Answer 2

given in Q

Answer 3

It's 3.8 but I caN'T tell if its decrease or increase

Answer 4

add all with sign

Answer 5

divide by total number of terms

Answer 6

if sign is positive than inc

Answer 7

if negative than dec

Answer 8

oh ookay thanks = )

Answer 9

wlcme :)

Answer 10

I have other questions, could ya'll help me? please!!

Answer 11

yepppppp

Answer 12

It is not a good question. The design is wrong.

Should be: [(1-0.108)*(1+0.142)*(1+0.165)*(1-0.047)]^(1/4) - 1

Or [(0.892)*(1.142)*(1.165)*(0.953)]^(1/4) - 1

Or (1.13096661268)^(1/4) - 1

Or 0.0312464 or around +3.1% per year.

Post new questions on new threads and ALWAYS show YOUR work.