Math Problem Statement
he table below shows the profit, �(�), in dollars, from selling � items.
�
1
2
3
6
9
14
�(�)
78.4
92
95.8
48.4
-87.2
-509.2
Using your calculator to do a quadratic regression, express the profit as a function of the number of items sold. �(�)= Round all numbers to 1 decimal place.
Using your quadratic regression, estimate the profit from selling 8 items? Select an answer items dollars Round to 2 decimal places.
Using your quadratic regression, estimate the number of items that need to be sold to make a profit of $13 ? Select an answer items dollars
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Quadratic Regression
Profit Estimation
Formulas
Quadratic equation formula P(x) = ax^2 + bx + c
Quadratic formula to solve P(x) = 13
Theorems
Quadratic formula theorem
Suitable Grade Level
Grades 10-12