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As the dollar rate increases in a day, the amount of investment, stock prices, and forex exchange deposit available also decreases. Which of the following is the independent variable?

A. Amount of investment

B. Dollar rate

C. Stock prices

D. Forex exchange deposit

Answer Explanation:

Based on the given scenario, the outcome of measuring the daily dollar rate is the decline in investment, stock prices, and forex exchange. The three outcomes are dependent variables while the dollar rate is the independent variable.

Therefore, the Correct Answer is B.

More Questions on TEAS 7 Math

  • Q #1: Which of the following is the value of x in the equation below

    A. x= -4 or x=2

    B. x= -2 or x=3

    C. x =-2 or x= 4

    D. x= -2 or x= 1

    Answer Explanation

    we find the value of x by applying the absolute conditions to the given equation.

    First, add 2 to both sides of equation

    The absolute conditions are:

    If   , a>0, then u=a or u=-a

    In this case a=10, which is greater 0.

    The first condition becomes

    Add 2 to both sides of the equation

    Divide both sides by 4

    The second condition becomes

    Add 2 to both sides of the equation

    Divide both sides by 4

    Then, the value of x is 3 or -2.

  • Q #2: A bucket containing 2 2/5 gallons of water is 4/7 full. How many gallons of water is in one fully filled bucket?

    A. 4 1/5

    B. 2 1/5

    C. 4 4/5

    D. 2 2/5

    Answer Explanation

    we are asked to find the number of gallons a full tank can hold. A full tank is equivalent to 1.

    Convert the mixed fraction into proper fraction as follows

    (2frac{2}{5}=frac{left(2ast5 ight)+2}{5}=frac{10+2}{5}=frac{12}{5})

    If we let x be the number of gallons in full tank, and setting up the proportion equation with the number of gallons on the numerator and fraction of tank on denominator as follows.

    (frac{x gallons}{1 full tank}=frac{frac{12}{5} gallons}{frac{4}{7}full tank})

    Cross-multiply to find the value of x.

    (frac{x }{1 full tank}=frac{frac{12}{5} gallons}{frac{4}{7}full tank})

    (x astfrac{4}{7}full tank=frac{12}{5} gallonsast1 full tank)

    (x =frac{frac{12}{5} gallonsast1 full tank}{frac{4}{7}full tank}=frac{12}{5}divfrac{4}{7} gallons=frac{12}{5}astfrac{7}{4}gallons=frac{21}{5}gallons)

    Converting 21/5 to a mixed fraction is 4 1/5. Thus, when the tank is full, it holds 4 1/5 gallons of water.

     

  • Q #3: An energy company’s stock price was $65.50 on Monday. On Tuesday, the price went up $1.50. On Wednesday, the price decreased from Tuesday’s price by $2.57. On Thursday, the price went up $2.25 from Wednesday’s price. Which of the following was the final price on Thursday?

    A. $66.68

    B. $65.79

    C. $67.00

    D. $64.43

    Answer Explanation

    We are tasked to find the stock price on Thursday from the given information. Here, we need to find the stock of each day from the price increase or decrease. If the price increases, we add to the previous day’s price and subtract if the price decreases.

    Monday’s stock price=$65.50

    Tuesday’s stock price is Monday’s plus $1.50=65.50+1.50=$67.00

    Wednesday’s stock price went down by $2.57 from Tuesday’s=67.00-2.57=$64.43

    Thursday’s stock price went up by $2.25 from Wednesday’s =64.43+2.25=$66.68

    From the above evaluation, the stock price on Thursday was $66.68