Choose the One Alternative That Best Completes the Statement or Answers

question 18

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-Money magazine reports that the percentage of trading days in which the Dasdaq loses or gains $2 \%$ or more has been increasing since 1995 indicating more volatility in the Dasdaq. Use a graphing utility to fit an exponential function to the data. Predict the percentage of trading days in 2001 having such swings in value.
$\begin{array}{l|l}\text { Year } & \% \text { of trading days } \\\hline 1995,0 & 2 \\1996,1 & 5 \\1997,2 & 8 \\1998,3 & 18 \\1999,4 & 23 \\2000,5 & 49\end{array}$

• A) \(y = 2.353 \mathrm { e } ^ { 0.610 x , 91 \text { days } }\)
• B) \(\mathrm { y } = 1.669 \mathrm { x } ^ { 1.706,46 \text { days } }\)
• C) \(\mathrm { y } = 1.278 \mathrm { e } ^ { 0.611 \mathrm { x } , 92 \mathrm { days } }\)
• D) \(\mathrm { y } = 1.849 \mathrm { e } ^ { 0.531 \mathrm { x } , 76 \mathrm { days } }\)

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Definitions:

Reagan Presidency

The period of U.S. governance under President Ronald Reagan, from 1981 to 1989, characterized by economic policies that emphasized tax cuts, deregulation, and increased defense spending.

Government Budget Deficit

The financial situation where a government's expenditures exceed its revenues within a specific period, leading to borrowing or depletion of reserves.

National Saving

The sum of private and public savings in a country, essentially the total income of the nation that remains after paying for consumption and government expenditures.

Interest Rates

The fee, shown as a proportion of the total loan amount, that a lender demands from a borrower for the use of their funds.