Question

Stocks value in dollars change by -5.75 on Monday and +3.25 on Tuesday which statement correctly compares the changes in the stock value A. The value change more on Monday because |-5.75| >|3.25|. B. Value value change more on Monday because -5.75 >3.25 C. The value change more on Tuesday because +3.25>0D. The value changed more on Tuesday because 3.25>-5.75

Answer 1

The magnitude of the change can be compared with the absolute value of the variation in order to be able to compare downside and upwards movements of the price.

In this case the Monday variation is bigger because:

`\begin{gathered} |-5.75|>|3.25| \\ 5.75>3.25 \end{gathered}`

Answer: A. The value change more on Monday because |-5.75| >|3.25|.