The Graph of a Piecewise-Defined Function Is Given B) C) $f ( x ) = \left\{ \begin{array} { l l } x + 1 & \text { if } 0 \leq x \leq 3 \\ \frac { 1 } { 2 } x & \text { if } 3 < x \leq 5 \end{array} \right.$

question 221

Multiple Choice

The graph of a piecewise-defined function is given. Write a definition for the function.
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• A) \(f ( x ) = \left\{ \begin{array} { l l } x + 1 & \text { if } 0 \leq x \leq 3 \\ \frac { 1 } { 2 } x + \frac { 1 } { 2 } & \text { if } 3 < x \leq 5 \end{array} \right.\)
• B) \(f ( x ) = \left\{ \begin{array} { l l } x + 1 & \text { if } 0 \leq x \leq 3 \\ \frac { 1 } { 2 } x - \frac { 1 } { 2 } & \text { if } 3 < x \leq 5 \end{array} \right.\)
• C) \(f ( x ) = \left\{ \begin{array} { l l } x + 1 & \text { if } 0 \leq x \leq 3 \\ \frac { 1 } { 2 } x & \text { if } 3 < x \leq 5 \end{array} \right.\)
• D) \(f ( x ) = \left\{ \begin{array} { l l } x + 1 & \text { if } 0 \leq x \leq 3 \\ \frac { 1 } { 2 } x + 2 & \text { if } 3 < x \leq 5 \end{array} \right.\)

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A term used in options trading to describe an option where the market price of the underlying asset is equal to the option's strike price.

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An investment strategy involving the purchase or sale of both a call option and a put option on the same asset, with identical strike prices and expiration dates, used to bet on volatility.

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Parties in an options contract who take on the obligation to buy or sell the underlying asset if the options buyer exercises their right.