Problem

The following table shows the year that the Dow Jones Average first reached certain milest...

The following table shows the year that the Dow Jones Average first reached certain milestone levels:

Dow Jones Average

500

1000

1500

3000

4000

5000

8000

10,000

Year First Attained

1956

1972

1985

1991

1995

1995

1997

1999

Source: Dow Jones Industrial Average

a. Explain why, based on this table, year is a function of Dow Jones Average


b. Explain why, based on this table, the Dow Jones Average is not a function of year


c. When did the Dow Jones average first reach 3000?


d. What value(s) did the Dow Jones first attain in 1995?

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Solutions For Problems in Chapter 1.1