Write the Statement as an Absolute Value Inequality $| \mathrm { x } - 1.88 | \leq 1.20$

question 309

Multiple Choice

Write the statement as an absolute value inequality.
-In a milling operation, the thickness of the wood panels that can be produced satisfies the inequality $| \mathrm { x } - 1.88 | \leq 1.20$ . What range of thicknesses corresponds to this inequality?

• A) \([ 0.68,3.08 ]\)
• B) \([ 0.68,6.16 ]\)
• C) \([ 0.34,3.08 ]\)
• D) \([ 1.20,1.88 ]\)

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Definitions:

Holding-Period Return

The total return received from holding an asset or portfolio of assets over a period, typically expressed as a percentage.

Effective (Annualized) Yield

A calculation of the annual return on an investment, taking into account the effect of compounding interest.

Consumer Price Index

An index that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Effective Annualized Rate

The interest rate on an investment or loan on an annual basis, taking compounding into account.