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blank1: Currency X will have the greatest value if it can get higher number of currency A, which will be 04 May
blank2: Currency X will have the greatest value if it can get higher number of currency B, which will be 01 June
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With simple eyeballing, and an understanding of the graph, we could see where the max points of the graphs are... based on which we can locate the approx time at which the price was max... doing this in both parts yeilds the answer>>

For the 12-week period shown in the graph, the greatest value of a unit of currency X expressed in units of currency A occurred around
04 May
, and the greatest value of a unit of currency X expressed in units of currency B occurred around
01 June
.
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Given:
• The graph shows the history of the value of currency X in units of currency A and in units of currency B for the 12-week period beginning on 8 April.
• The graph has two plotted lines: one showing currency X’s value in terms of currency A and one showing currency X’s value in terms of currency B over time.

To Find:
• Blank 1: The approximate time when the greatest value of currency X expressed in units of currency A occurred
• Blank 2: The approximate time when the greatest value of currency X expressed in units of currency B occurred

Solution:
Approach:
• The y-axis label tells us that the graph shows the value of ONE unit of currency X in terms of currency A (blue line) as well as in terms of currency B (black line).
• For any line (blue/black), the highest point represents when currency X had the highest value in terms of currencies A/B.
• We will find this point visually and then just read the x-axis to get the date when it happens.

Blank 1:
• From the graph, the value of currency X in units of currency A (shown by the black line) reaches its highest point around early May.
• Among the given options (30 April, 4 May, 3 June), the peak occurs nearest 4 May.

Blank 2:
• From the graph, the value of currency X in units of currency B (shown by the blue line) reaches its highest point around late May/early June.
• Among the given choices (30 June, 1 June, 31 May), the peak occurs closest to 1 June.

Correct Answers: 4 May, 1 June

Shweta Koshija
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