What is the average rate of change from 0.04 to 0.06 to 0.15 to 0.25 to 0.33. I am doing some reserch on the price of an item here is my information but, I can't remember the formula or find it in my textbook. I could really use some help.
Please guys I really need some help!
Your data makes no sense.
They are averages over a long period of time.
Do you know the formula?
I don't, but Google does.
https://formulas.tutorvista.com/math/average-rate-of-change-formula.html
Thanks!
You're welcome.
I wager your data still makes no sense. If you figure that out, come back.
To find the average rate of change between a series of values, you can use the formula:
Average Rate of Change = (final value - initial value) / (number of intervals)
In this case, the initial value is 0.04, and the final value is 0.33. The number of intervals is 5 because there are 5 values given.
To calculate the average rate of change, you can use the following steps:
1. Subtract the initial value from the final value: 0.33 - 0.04 = 0.29
2. Divide the result by the number of intervals: 0.29 / 5 = 0.058
Therefore, the average rate of change of the given values is 0.058.