A company uses cubic regression to model their total earnings over time and arrives at the equation E(t)=0.0783t3−2.354t

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899559
Joined: Mon Aug 02, 2021 8:13 am

A company uses cubic regression to model their total earnings over time and arrives at the equation E(t)=0.0783t3−2.354t

Post by answerhappygod »

A company uses cubic regression to model their total earnings
over time and arrives at the equation
E(t)=0.0783t3−2.354t2+5.698t−0.739 where E(t) is earning in
millions of dollars and t is years since 2000. Use the model to
predict when total earnings will pass $10 million. Round your
answer to the nearest year.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply