Find the Average Rate of Change Illustrated in the Graph $f ( x ) = 1.8 x + 22$

question 287

Multiple Choice

Find the average rate of change illustrated in the graph.
-The linear function $f ( x ) = 1.8 x + 22$ models the percentage of people, $f ( x )$ , who graduated from college $x$ years after 1998. Find and interpret the slope.

• A) \(\mathrm { m } = 1.8\); the percentage of people graduating from college has decreased at a rate of \(1.8 \%\) per year since 1998 .
• B) \(\mathrm { m } = 22\); the percentage of people graduating from college has increased at a rate of \(22 \%\) per year since 1998 .
• C) \(\mathrm { m } = 1.8\); the percentage of people graduating from college has increased at a rate of \(1.8 \%\) per year since 1998 .
• D) \(m = - 1.8\); the percentage of people graduating from college has decreased at a rate of \(1.8 \%\) per year since 1998 .

---

Definitions:

Financial Statements

Documents that provide an overview of a company's financial condition, including income statements, balance sheets, and statements of cash flows.

Industry Comparison

The process of comparing the statistical measures, performance, and strategies of one company against other companies within the same sector.

Better Investment

A term used to describe an investment option that is considered to offer a higher potential return compared to another option.

Income Statement

A financial document that shows the company's revenue and expenses over a specific period, resulting in net income or loss.