The table below shows the profit, P(x), in dollars, from selling z items. 3. 6. 9. 14 P(z) 77.6 91.4 95.4 48.6 -86.4 -507.4 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 10 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 $-225.4? items

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter3: Polynomial Functions
Section: Chapter Questions
Problem 18T
icon
Related questions
icon
Concept explainers
Question
The table below shows the profit, P(z), in dollars, from selling z items.
1
2.
6.
14
P(x) 77.6 91.4
48.6 -86.4
-507.4
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 10 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 $-225.4 ?
items
Transcribed Image Text:The table below shows the profit, P(z), in dollars, from selling z items. 1 2. 6. 14 P(x) 77.6 91.4 48.6 -86.4 -507.4 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 10 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 $-225.4 ? items
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Correlation, Regression, and Association
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
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
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill