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
Ask a new question for Free
By Image
Drop file here or Click Here to upload
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
Related Recommendation
Quadratic Regression: Modeling Profit Based on Number of Items Sold
Quadratic Regression to Model Profit from Items Sold
Quadratic Regression for Profit Function Based on Items Sold
Revenue and Profit Function Calculations with Quadratic Equations
Linear Regression Equation for Company Profits (2002-2010)