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MATHEMATICS

Grade 9

NUMBER PATTERNS, GRAPHS, EQUATIONS,

STATISTICS AND PROBABILITY

Module 19

EXTRACT MEANINGFUL INFORMATION FROM DATA

ACTIVITY 1

To be able to extract meaningful information from data

[LO 5.5]

As you know, graphs are to be seen everywhere: in advertisements, in textbooks, in magazine articles and in mathematics classes. In this section we will look at a wide selection of graphs and what we can say about the statistics they represent.

When we have only one set of values (for example the previous study of the breakfast and lunch habits of some learners), we can use a simple graph like a pie chart.

On the other hand, many graphs make a connection between two sets of values. We call this a relation.

Some examples from your previous work are: number of prison inmates in particular years; height above sea level at certain distances from a point; amount charged by a gardener for certain number of hours worked; y–values obtained from x–values substituted into a given formula; etc.

Usually this means that the graph will have a horizontal axis and a vertical axis. Just to remind you, here is the table of important words again:

Equation: x y
Equation: Independent variable Dependent variable
Flow diagram: Input value Output value
Table: First row Second row
Coordinates: 1st coordinate 2nd coordinate
Graph: x- axis y- axis
Graph: Horizontal axis Vertical axis

1 James and Gabriel are the same age – they are friends, both entering their first job at the start of January 2000. Each of them can easily take a bus to work. Each also has enough money from their holiday jobs to use as a deposit on a new car.

James wants a new car immediately, and now that he has a job, he arranges hire purchase financing for a car. He has enough for the deposit, and he can just about afford the monthly repayments. At the end of four years he replaces the car with another new one, a slightly nicer model. He again buys it on hire purchase, paying the deposit from the sale of his old car, and pays the higher instalments regularly. At the start of 2008, he does the same. Every four years he replaces his car.

Gabriel is willing to do something different. Instead of getting a new car immediately, he puts the money he would have used for the deposit into a savings account and saves up enough every month so that after four years he can buy a new car for cash. So in 2004 he chooses the same one his friend James does. Immediately he starts another savings account, making monthly payments big enough for a new car in four years’ time like the one his friend buys then. In 2008, he sells his old car when he gets the new one, and puts the money in the bank to start his savings for the next car. So he also replaces his car every four years

In other words, from 2004 they drive exactly the same cars!

The information about their expenditure is given below as a bar graph as well as a table.

Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
James 28 304 21 228 21 228 21 228 33 965 25 474 25 474 25 474 40 758 30 568 30 568 30 568 48 909 36 682
Gabriel 22 436 15 360 15 360 15 360 21 000 21 000 21 000 21 000 32 317 22 128 22 128 22 128 38 807 26 580

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
hi guys good evening to all
Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
yes,thank you
Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, Mathematics grade 9. OpenStax CNX. Sep 14, 2009 Download for free at http://cnx.org/content/col11056/1.1
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