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The quadratic regression equation that models these data is y = - 0.34x ^ 2 + 4.43x + 3.46 Using the quadratic regression equation what was the predicted profit in year 8? A. $ 17.14 million B. $ 17 million C. $ 16.8 million D. $16 million

The quadratic regression equation that models these data is y 034x 2 443x 346 Using the quadratic regression equation what was the predicted profit in year 8 A class=

Respuesta :

Answer:

A. $ 17.14 million.

Step-by-step explanation:

Profit:

The profit, in millions of dollars, on year x, is given by:

[tex]y(x) = -0.34x^2 + 4.43x + 3.46[/tex]

Year 8

This is y(8). So

[tex]y(8) = -0.34(8^2) + 4.43(8) + 3.46 = 17.14[/tex]

$17.14 million, option A.

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