Web-based exercise. In Exercise 9.14 you were asked to compute the percentage drop in the Dow Jones Industrial Average on September 17, 2001. Because the index had gone up so much in previous years, this was not the biggest percentage drop ever. Go to http://djindexes.com/

mdsidx/index.cfm?event=showAvgStats and determine if this is even in the top 10 biggest percentage drops. Explain, in plain language, how the drop on September 17, 2001, can be the biggest drop in actual value but not in percentage.