The yearly profits of a company are shown in the table.
Which answer describes the average rate of change from Year 2 to Year 4?
Year Profits (thousands $)
1 127.5
2 238.4
3 156.7
4 217.2
5 293.4
The average rate of change is given by :
[ 217.2 - 238. 4 ] / [ 4 - 2 ] =
[ -21.2 ] / 2 =
-10.6 ⇒ Profits decreased by an average of $10,600 per year from Year 2 to Year 4