Fit the data with linear, quadratic, and exponential functions. Determine which function has the best fit.

Question

Table:

1996- $276

1997- $827

1998- $1900

1999- $3200

2000- $4700

2001- $6500

2002- $8900

Answer 1

The shape of the graph looks mostly like an upward opening parabola.

y=ax² + bx + c

a = 158

b = -64065

c =628894855

These are big numbers but it is a best fit in my estimation.