asked 15.1k views
0 votes
Company X tried selling widgets at various prices to see how much profit they would make. The following table shows the widget selling price, x, and the total profit earned at that price, y. Write a quadratic regression equation for this set of data, rounding all coefficients to the nearest hundredth. Using this equation, find the profit, to the nearest dollar, for a selling price of 28.25 dollars

Company X tried selling widgets at various prices to see how much profit they would-example-1
asked
User RussF
by
7.1k points

1 Answer

6 votes

Answer:

y = -7.235451 x^2 + 402.5542 x - 2382.736

answered
User Shane Voisard
by
8.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.