The average weekly allowance of a 5th grade student as calculated using direct variation with the information provided by Fidelity Investment Vision Magazine is 5.367 dollars per week.
The question given is a direct variation problem:
Let:
• Average weekly allowance = [tex]a[/tex]
• Grade level = [tex]g[/tex]
If Average weekly allowance varies directly as grade level , then , then the direct variation between the variables can be expressed as :
[tex]a = k * g[/tex]
Where , Â [tex]k[/tex] = constant of proportionality
We can obtain the value of k from the given values of a and g
[tex]9.66 = k * 9\\9.66 = 9k\\k = 9.66/9[/tex]
Our equation becomes:
[tex]a = (9.66/9) * g[/tex]
[tex]a = (9.66/9) * 5\\a = 5.367[/tex] (rounded to 3 decimal places)
Hence, using proportional relationship, the average weekly allowance for a 5th grade student is [tex]5.367[/tex] per week
Learn more about direct variation here:
https://brainly.com/question/17257139