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QUESTION

The following table shows the percentage of the U. Discretionary Budget allocated to education in 2003, 2005, and 2009 (t = 0 represents 2000). Year...

t

Year t 359Percentage P(t) 6.876.2

Pt20099

(a) over the period 2003−2009 (that is, [3, 9])

The average rate of change was  

---Select---

%

% per day

% per month

% per year

 , which means that U.S. education expenditure 

---Select---

increased

decreased

 at an average rate of  

---Select---

%

% per day

% per month

% per year

during 2003−2009.

(b) over the period [5, 9]

The average rate of change was  

---Select---

%

% per day

% per month

% per year

 , which means that U.S. education expenditure 

---Select---

increased

decreased

 at an average rate of  

---Select---

%

% per day

% per month

% per year

during 2005−2009.

The following table shows the percentage of the U.S. Discretionary Budget allocated to education in 2003, 2005, and 2009 (t = 0 represents 2000). Year t 3 5 9Percentage P(t) 6.8 7 6.2Compute and interpret the average rate of change of P(t) over the period 2003—2009 (that is, [3, 9]), and over the period [5, 9]. Be sure to state the units of measurement. HINT [See Example 1.](a) over the period 2003—2009 (that is, [3, 9]) The average rate of change was —-Select—— 6 , which means that U.S. education expenditure at an average rate of] 1 during 2003—2009. (b) over the period [5, 9] The average rate of change was | ——Select—— ¢| , which means that U.S. education expenditure at an average rate ofi 1 during 2005—2009.
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