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Name: ___Interpreting Functional RelationshipsVocabulary Reminder* Rate of Change (Slope) Examples Units Miles per hour Speed Miles per minute Distance per time Cost per hourUsageCost per mileRentCost
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How to fill out average rate of change

01
Identify the initial and final values of the function or data points
02
Calculate the change in the dependent variable (y-values)
03
Calculate the change in the independent variable (x-values)
04
Divide the change in y-values by the change in x-values to get the average rate of change

Who needs average rate of change?

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Students studying calculus or algebra
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Economists analyzing trends in data
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Scientists studying rates of change in natural phenomena
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The average rate of change is the change in value of a quantity divided by the change in time over a specified interval. It is commonly used in mathematics and physics to determine how much a quantity changes on average over a certain period.
Individuals and businesses that are required to report certain financial or tax information may need to file an average rate of change. This requirement typically depends on specific regulations set by the IRS or local tax authorities.
To fill out the average rate of change, gather the necessary financial data, calculate the difference in values for the specified time period, and divide that by the change in time. Input this information into the designated form or report as instructed by the filing authority.
The purpose of average rate of change is to provide a simplified way of understanding how a variable changes over time. It helps in analyzing trends, preparing financial reports, and making informed decisions based on historical data.
Typically, the information that must be reported includes the starting and ending values of the quantity in question, the time period over which the change occurred, and the calculated average rate of change.
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