Question
This question checks your reading comprehension of the material is section 1.2, Functions in the Business setting, of Business Calculus with Excel. Select all statements
This question checks your reading comprehension of the material is section 1.2, Functions in the Business setting, of Business Calculus with Excel.
Select all statements that are correct. There may be more than one correct answer. The statements may appear in what seems to be a random order
DA. The normal distribution or bell curve is used because many populations follow a normal distribution on many scales.
B. In business, compound interest is given as an exponential function.
D c. The exponential model models growth in most business situations.
- D. In business we encounter quadratic equations when we study revenue and profit functions.
- E. The sinusoidal model is for data that repeats on a natural cycle.
O F. When the rate of change is proportional both to the current quantity and to the distance from the theoretical maximum value we have logistic growth.
O G. If we see the phrase that two quantities are inversely proportional, it means that f(x) is a constant times 1/x.
H. Quadratic functions always have two roots.
D I. Present and future values is given by a linear functig.
J. None of the above
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