ho do i make a y=k x problem with facts like: exports $465.3 billion and imports 402.4 billion?
To create a y = kx problem based on the given facts of exports and imports, you can use the concept of trade balance. Trade balance represents the difference between a country's exports and imports.
Step 1: Find the trade balance
Trade balance = Exports - Imports
Trade balance = $465.3 billion - $402.4 billion
Trade balance = $62.9 billion
Step 2: Choose a variable for the dependent variable (y) and the independent variable (x)
Let's choose:
y = Trade balance (in billions of dollars)
x = Year (the independent variable represents time)
Step 3: Formulate the equation
The equation for the y = kx problem would be:
y = kx
Incorporating the specific values, we have:
62.9 = kx
Now you have a y = kx problem that is based on the given facts of exports and imports. To solve for the value of k or any other variables, you would need additional information or context.