Regression Models Answers

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5

Which quadratic model best represents the data?

A
f(x) = –16x2 + 99x + 6
B
f(x) = –36x2 + 37x + 5
C
f(x) = 36x2 + 37x + 5
D
f(x) = 16x2 + 99x + 6
8

Which statements are true? Check all that apply.

A
The data is best represented by an exponential model.
B
The data is best represented by a quadratic model.
C
If the price is $5 per unit, the expected profit is approximately $4,686.
D
If the price is $80 per unit, the expected profit is negative.
E
As the price per unit increases, the profit increases indefinitely.
9

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