(a) Find the function for the quadratic model that gives the monthly profit in million dollars to an airline from a round-trip ticket on a certain route from Denver to Chicago where x dollars is the ticket price, with data from 200 s x s 450. (Round all numerical values to seven decimal places.) P(x) = million dollars (b) Calculate the average profit for ticket prices from $375 to $450. (Round your answer to three decimal places.) million (c) Calculate the average rate of change of profit when the ticket price rises from $375 to $450. (Round your answer to five decimal places.) million per dollar 2$

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.6: Higher-degree Polynomials And Rational Functions
Problem 3E: Traffic Accidents The following table shows the cost C of traffic accidents. in cents per...
icon
Related questions
Question
NEED FULLY CORRECT HANDWRITTEN SOLUTION FOR THIS.... ASAP!!!!
The table gives the price of a round-trip flight from Denver to Chicago on a certain airline and the corresponding monthly
profit for that airline for that route.
Profit from Round-Trip Airfare from Denver
to Chicago
Ticket price, x
(dollars)
Monthly Profit, p
(millions of dollars)
200
3.08
250
3.52
300
3.76
350
3.82
400
3.70
450
3.38
(a) Find the function for the quadratic model that gives the monthly profit in million dollars to an airline from a
round-trip ticket on a certain route from Denver to Chicago where x dollars is the ticket price, with data from
200 < x < 450. (Round all numerical values to seven decimal places.)
p(x) =
million dollars
(b) Calculate the average profit for ticket prices from $375 to $450. (Round your answer to three decimal places.)
24
million
(c) Calculate the average rate of change of profit when the ticket price rises from $375 to $450. (Round your
answer to five decimal places.)
million per dollar
$
Need Help?
Read It
Submit Answer
Transcribed Image Text:The table gives the price of a round-trip flight from Denver to Chicago on a certain airline and the corresponding monthly profit for that airline for that route. Profit from Round-Trip Airfare from Denver to Chicago Ticket price, x (dollars) Monthly Profit, p (millions of dollars) 200 3.08 250 3.52 300 3.76 350 3.82 400 3.70 450 3.38 (a) Find the function for the quadratic model that gives the monthly profit in million dollars to an airline from a round-trip ticket on a certain route from Denver to Chicago where x dollars is the ticket price, with data from 200 < x < 450. (Round all numerical values to seven decimal places.) p(x) = million dollars (b) Calculate the average profit for ticket prices from $375 to $450. (Round your answer to three decimal places.) 24 million (c) Calculate the average rate of change of profit when the ticket price rises from $375 to $450. (Round your answer to five decimal places.) million per dollar $ Need Help? Read It Submit Answer
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps

Blurred answer
Similar questions
Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning