Joe Downs runs a small investment company investments, including the progress of the Joe Downs Index. At the end of one particularly memorable week, he reported that the index for that week had the value I(t) = 2,000 + 3,000t - 1,600t2 + 2004 points, where t represents the number of business days into the week; t ranges from 0 at the beginning of the week to 5 at the end of the week. The graph of I is shown below. (Assume a - 2,000.) om his basement. Every week, he publishes a report on the success of his I (Joe Downs Index) t (days) 2 3 4 On average, how fast and in which direction was the index changing over the first two business days (the interval [0, 2])? HINT [See Example 3.] On average, the index was moving down . Its average rate of change was | points per day.
Joe Downs runs a small investment company investments, including the progress of the Joe Downs Index. At the end of one particularly memorable week, he reported that the index for that week had the value I(t) = 2,000 + 3,000t - 1,600t2 + 2004 points, where t represents the number of business days into the week; t ranges from 0 at the beginning of the week to 5 at the end of the week. The graph of I is shown below. (Assume a - 2,000.) om his basement. Every week, he publishes a report on the success of his I (Joe Downs Index) t (days) 2 3 4 On average, how fast and in which direction was the index changing over the first two business days (the interval [0, 2])? HINT [See Example 3.] On average, the index was moving down . Its average rate of change was | points per day.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.6: Transformations Of Exponential Functions
Problem 62PPS
Related questions
Question
100%
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 8 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell