Math Problem Statement

At the beginning of the day, the stock market goes up 6 1/2 points and stays at this level for most of the day. At the end of the day, the stock market goes down 12 3/4 points from the high at the beginning of the day. What is the total change in the stock market from the beginning of the day to the end of the day?

Solution

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Problem Recap:

  • At the beginning of the day, the stock market goes up 6126 \frac{1}{2} points and stays at this level for most of the day.
  • At the end of the day, the stock market goes down 123412 \frac{3}{4} points from the high at the beginning of the day.
  • The question is to find the total change in the stock market from the beginning of the day to the end of the day.

Solution:

  1. Convert Mixed Numbers to Improper Fractions:

    • 612=1326 \frac{1}{2} = \frac{13}{2}
    • 1234=51412 \frac{3}{4} = \frac{51}{4}
  2. Express Both Fractions with a Common Denominator:

    • The common denominator for 132\frac{13}{2} and 514\frac{51}{4} is 4.
    • Convert 132\frac{13}{2} to 264\frac{26}{4}.
  3. Calculate the Total Change:

    • Since the stock first increased by 264\frac{26}{4} and then decreased by 514\frac{51}{4}, the total change is: 264514=26514=254\frac{26}{4} - \frac{51}{4} = \frac{26 - 51}{4} = \frac{-25}{4}
    • Simplifying, 254=6.25\frac{-25}{4} = -6.25.

Answer:

The total change in the stock market from the beginning of the day to the end of the day is -6.25 points.

Would you like further details or have any other questions?

Follow-Up Questions:

  1. How do you convert a mixed number to an improper fraction?
  2. What is the process for finding a common denominator?
  3. How can the stock market’s total change be interpreted?
  4. What are some scenarios where the stock market might behave similarly?
  5. How do positive and negative changes in the stock market affect investors?

Tip:

When dealing with mixed numbers, always convert them to improper fractions before performing operations like addition or subtraction.

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Math Problem Analysis

Mathematical Concepts

Fractions
Mixed Numbers
Addition and Subtraction of Fractions

Formulas

Convert mixed numbers to improper fractions
Find common denominator
Perform addition and subtraction of fractions

Theorems

Basic fraction operations

Suitable Grade Level

Grades 6-8