contestada

Using the quadratic regression model, which is the best estimate of the profit when 350 pounds of food are produced? $5,150 $5,300 $10,150 $11,000

Respuesta :

MrRoyal

The best estimate of the profit when 350 pounds of food are produced is $5300

How to determine the best estimate?

The quadratic regression is given as:

[tex]f(x) = -0.0817x^2 + 102.24x - 20421[/tex]

When 350 pounds are produced, it means that:

x = 350.

So, we have:

f(350) = -0.0817(350)^2 + 102.24(350) - 20421

Evaluate

f(350) = 5354.75

Approximate

f(350) = 5300

Hence, the best estimate is $5300

Read more about regression models at:

https://brainly.com/question/8492420

#SPJ4

Otras preguntas