Chapter 2.1, Problem 58E

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7th Edition

Stefan Waner + 1 other

ISBN: 9781337274203

Textbook Problem

Of what use is a quadratic model if not for long-term prediction?

To determine

The use of quadratic model, if is not used for long term prediction.

Explanation

**Given Information:**

Analyzation the use of quadratic model.

The graph of quadratic model is parabola. If the parabola is concave-up than the graph will predicts an unrealistically rise in the sales without bound in the near future.

Similarly, If the parabola is concave-down than the graph will predicts an unrea...

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