Determine Whether the Given Sequence Is Arithmetic, Geometric, or Neither

question 22

Multiple Choice

Determine whether the given sequence is arithmetic, geometric, or neither. If the sequence is arithmetic, find the
common difference; if it is geometric, find the common ratio.
-1, -3, 9, -27, 81, ...

• A)Geometric; r = -3
• B)Geometric; r = 3
• C)Arithmetic; d = -4
• D)Neither

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Definitions:

Expected Wealth

The anticipated amount of money or assets that an individual or entity forecasts to accumulate over a period.

Insurance Policy

A contract between an insurer and a policyholder wherein the insurer promises to pay for specific potential future losses in exchange for a periodic payment.

Expected Loss

The anticipated amount of loss a business may suffer due to risks or future uncertainties.

Probability

A numerical expression between 0 and 1 that indicates how likely an event is to occur.