Math  /  Data & Statistics

Question```latex \text{The graph represents changes in the house pricing index over 28 years. Rank the investment strategies from least to greatest profit.}

Studdy Solution

STEP 1

1. The graph represents the house pricing index over a period of 28 years.
2. Investment strategies are based on the timing of buying and selling within this period.
3. Profit is determined by the difference between the buying and selling index values.

STEP 2

1. Identify key points on the graph.
2. Determine potential investment strategies.
3. Calculate profits for each strategy.
4. Rank strategies from least to greatest profit.

STEP 3

Identify key points on the graph such as peaks (high points) and troughs (low points) over the 28-year period.

STEP 4

Determine potential investment strategies by considering buying at a trough and selling at a subsequent peak.

STEP 5

Calculate the profit for each strategy by subtracting the index value at the buying point (trough) from the index value at the selling point (peak).

STEP 6

Rank the strategies from least to greatest profit based on the calculated profit values.
The investment strategies are ranked from least to greatest profit based on the calculated differences between buying and selling points on the graph.

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