Joana O.

asked • 12/13/22

I really need some help with this one

Darlena has started taking photos at amateur dog racing events, later offering the photos for sale to the dog owners by email. The prices she has charged per photo at each of her first three events, and the corresponding number of photos sold and total revenue raised, appear in the table below.



$52 1 $52
$40 4 $160
$20 9 $180


price per photo ^ number of photos sold^ Revenue^



Treating revenue as a function of the number of photos sold, a graph of the three data points is also shown. If she uses quadratic regression to fit a curve to the data, what number of photos sold and what price per photo will maximize her revenue? 


Mark M.

Did you attempt quadratic regression?
Report

12/13/22

Paul M.

tutor
Quadratic regression fits a parabola to the data. But 3 points determine a parabola exactly.
Report

12/13/22

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