Suppose the cash reserves C (in thousands of dollars) for a small business are given by the following table, where t is the number of months after the first of the year (A) Find the interpolating polynomial for this table (B) Use the interpolating polynomial to approximate (to the nearest thousand ...

A Use the Lagranges Interpolation formula as follows xx1xx2xx3 xxxx2x x3 px xxx x2xx3 xy x x x x2 ...

Suppose the cash reserves C (in thousands of dollars) for a small business are given by the

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Suppose the cash reserves C (in thousands of dollars) for a small business are given by the following table, where t is the number of months after the first of the year.

t 0 C(t) 2 4 32 8 38 12 20

(A) Find the interpolating polynomial for this table.

(B) Use the interpolating polynomial to approximate (to the nearest thousand dollars) the cash reserves after 6 months.

(C) Use the interpolating polynomial to approximate (to the nearest hundred dollars) the average cash reserves for the first quarter.

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Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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Question Posted: Jan 02, 2024 02:37 AM

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Suppose the cash reserves C (in thousands of dollars) for a small business are given by the

Question:

t 0 C(t) 2 4 32 8 38 12 20

Step by Step Answer:

A Use the Lagranges Interpolation formula as follows xx1xx2xx3 xxxx2x x3 px xxx x2xx3 xy x x x x2 ...View the full answer

Finite Mathematics For Business Economics Life Sciences And Social Sciences

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