Question

Use the times and corresponding closing prices of the stock to create coordinate pairs. Let x represent the number of weeks since the first data point, and let y represent the closing price at each time. So, x = 0 represents the data point from 5 years ago. There are 52 weeks in a year, and you can write the time for each closing price recorded in terms of weeks that have passed since 5 years ago, when x = 0. Fill in the table to represent your data as coordinate pairs.


x (Weeks Since 5 Years Ago) y (Closing Price, in $)
most recent 260
7 days ago 259
1 month ago 256
6 months ago 234
1 year ago 208
3 years ago 104
5 years ago 0

Answer 1

Answer:

Use the exponential model to make predictions about closing prices of this stock. Remember that x represents the number of weeks since the first data point, so the value of x today would be 260.

Type the correct answer in each box. If necessary, round the answers to the nearest cent.

One week from today, the stock is predicted to close at $

.

One month from today, the stock is predicted to close at $

.

One year from today, the stock is predicted to close at  $