Question

@perl can you please help me.

Answer 1

1. What is the average rate of change from year 1 to year 2?

2. Convert this number into a percentage.

3. Which product has a greater percentage change in price?

Answer 2

year 1 is 10,100 and year 2 is 10,201

Answer 3

how can i find the average rate of change of this, i looked on YouTube but did not find anything helpful.

Answer 4

@perl how am i?

Answer 5

is there a function given

Answer 6

no but there is a table

Answer 7

let me draw it.

Answer 8

1. average rate of change f(x) on [a,b] is
defined as

average rate of change = ( f (b) - f(a) ) / (b- a)

we are given that year 1 is 10,100 and year 2 is 10,201
year is time which is usually the independent variable
so we have a function f(t)
f(1) = 10,100
f(2) = 10,201

Answer 9

so average rate of change is
[f(2) - f(1)] / ( 2 -1 )
= ( 10,201 -10,100) / (1 ) = 101/1 = 101