The Numbers N (In Millions)of Students Enrolled in Schools in the United

question 32

Multiple Choice

The numbers N (in millions) of students enrolled in schools in the United States from 1995 through 1997 are shown in the table. ​
$$\begin{array} { | c | c | } \hline \text { Year } & \text { Number, } N \\\hline 1995 & 71.2 \\\hline 1996 & 72.3 \\\hline 1997 & 74 \\\hline\end{array}$$
Use a graphing utility to create a scatter plot of the data.Let t represent the year,with t = 5 corresponding to 1995.

• A)​ ​
• B)​
• C)​
• D)​

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Definitions:

Forward Contract

A financial agreement between two parties to buy or sell an asset at a specified future time at a price agreed upon today, not traded on an exchange.

Purchase Order

A formal document issued by a buyer to a seller, authorizing the purchase of goods or services as specified at agreed-upon terms.

Fair-Value Hedge

A hedge that protects against changes in the fair value of an asset, liability, or firm commitment that is attributable to a particular risk.

Forward Contract

A derivative financial instrument where two parties agree to buy or sell an asset at a predetermined future date and price.