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Choose the One Alternative That Best Completes the Statement or Answers

Question 505

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-Money magazine reports that the percentage of trading days in which the Dasdaq loses or gains 2%2 \% or more has been increasing since 1995 indicating more volatility in the Dasdaq. Use a graphing utility to fit an exponential function to the data. Predict the percentage of trading days in 2001 having such swings in value.
 Year % of trading days 1995,021996,151997,281998,3181999,4232000,549\begin{array}{l|l}\text { Year } & \% \text { of trading days } \\\hline 1995,0 & 2 \\1996,1 & 5 \\1997,2 & 8 \\1998,3 & 18 \\1999,4 & 23 \\2000,5 & 49\end{array}


A) y=2.353e0.610x,91 days y = 2.353 \mathrm { e } ^ { 0.610 x , 91 \text { days } }
B) y=1.669x1.706,46 days \mathrm { y } = 1.669 \mathrm { x } ^ { 1.706,46 \text { days } }
C) y=1.278e0.611x,92days\mathrm { y } = 1.278 \mathrm { e } ^ { 0.611 \mathrm { x } , 92 \mathrm { days } }
D) y=1.849e0.531x,76days\mathrm { y } = 1.849 \mathrm { e } ^ { 0.531 \mathrm { x } , 76 \mathrm { days } }

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