Story Over time, money invested in the stock market makes about average. If you invest $ over time. Graph Money 200000 180000 160000 140000 120000 100000 80000 60000 40000 20000 0 0 INVESTING MONEY 5 Stock Market Investments Growth or Decay? % on predict how your money will change 10 15 Years 20 25 30 Equation f(x)= 10000(1.1)* Table of Values X 0 5 10 15 20 25 30 Think about it When will your money double? If you only invest $5000, will it double in the same amount of time? If you want to have $100,000, how many years will you need to invest?

Essentials Of Business Analytics
1st Edition
ISBN:9781285187273
Author:Camm, Jeff.
Publisher:Camm, Jeff.
Chapter6: Data Mining
Section: Chapter Questions
Problem 8P
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Story
Over time, money invested in the stock market makes about
average. If you invest $
over time.
Graph
Money
200000
180000
160000
140000
120000
100000
80000
60000
40000
20000
0
0
INVESTING MONEY
5
Stock Market Investments
Growth or Decay?
% on
predict how your money will change
10
15
Years
20
25
30
Rise over Run
Equation
f(x)= 10000(1.1)*
Table of Values
X
0
5
10
15
20
25
30
y
Think about it
When will your money double?
If you only invest $5000, will it double in the
same amount of time?
If you want to have $100,000, how many
years will you need to invest?
Transcribed Image Text:Story Over time, money invested in the stock market makes about average. If you invest $ over time. Graph Money 200000 180000 160000 140000 120000 100000 80000 60000 40000 20000 0 0 INVESTING MONEY 5 Stock Market Investments Growth or Decay? % on predict how your money will change 10 15 Years 20 25 30 Rise over Run Equation f(x)= 10000(1.1)* Table of Values X 0 5 10 15 20 25 30 y Think about it When will your money double? If you only invest $5000, will it double in the same amount of time? If you want to have $100,000, how many years will you need to invest?
Now
You
Graph
Number of Friends Texted
Story
You decide to start a chain text message about a party. You text 4
friends, and ask each of them to pass the message on to
friends. Each of those friends texts
different
more friends, and so on.
1200
1100
1000
900
800
700
600
500
400
300
200
100
0
do the rest
0
1
TEXTING FRIENDS
Text Messages
2
3
Round of Texting
Growth or Decay?
Rise over Run
Equation
f(x)=4*
Table of Values
%
0
1
2
3
4
5
6
Y
1
4
16
256
1024
4096
Dx4
2x4
2x4
244
2×4
Think about it
How many people know about your party
after the 2nd round of texting (including
you)?
If 40,000 people live in your city, how many
rounds of texting will it take to reach the
whole city (assuming no one gets texted
more than once)?
Transcribed Image Text:Now You Graph Number of Friends Texted Story You decide to start a chain text message about a party. You text 4 friends, and ask each of them to pass the message on to friends. Each of those friends texts different more friends, and so on. 1200 1100 1000 900 800 700 600 500 400 300 200 100 0 do the rest 0 1 TEXTING FRIENDS Text Messages 2 3 Round of Texting Growth or Decay? Rise over Run Equation f(x)=4* Table of Values % 0 1 2 3 4 5 6 Y 1 4 16 256 1024 4096 Dx4 2x4 2x4 244 2×4 Think about it How many people know about your party after the 2nd round of texting (including you)? If 40,000 people live in your city, how many rounds of texting will it take to reach the whole city (assuming no one gets texted more than once)?
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