QUESTION IMAGE
Question
the financial aid office at farrell university produced an internal report on the number of students receiving scholarships. students receiving scholarships according to the graph, when was the rate of decrease greater? between 2022 and 2023 between 2024 and 2025
Step1: Calculate rate of decrease for 2022 - 2023
Number of students in 2022 is 94, in 2023 is 90. Rate of decrease = $\frac{94 - 90}{94}\approx0.0426$
Step2: Calculate rate of decrease for 2024 - 2025
Number of students in 2024 is 87, in 2025 is 86. Rate of decrease = $\frac{87 - 86}{87}\approx0.0115$
Step3: Compare the rates
Since $0.0426>0.0115$, the rate of decrease is greater between 2022 and 2023.
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between 2022 and 2023