Angeles L.
asked 05/01/23Estime number of items that need to be sold to make profit algebra
The table below shows the profit, p(x), in dollars from selling x items
X 1 2 3 6 9 14
Y 90.6 106.4 112.4 71.6 -57.4 -468.4
Using your quadratic regression, estimate the number of items that need to be sold to make a profit of $-192.4 ? _____ items
1 Expert Answer
Bradford T. answered 05/01/23
Retired Engineer / Upper level math instructor
y≈ax2+bx+c
From the regression, a=-4.9, b=30.5 and c=65
Use quadratic formula to solve for x in -4.9x2+30.5x+65 = -192.4
I get ≈ 11 items
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William W.
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