The manager of a store recorded the annual sales S (in thousands of dollars) of a product

Question:

The manager of a store recorded the annual sales S (in thousands of dollars) of a product over a period of 7 years, as shown in the table, where t is the time in years, with t = 8 corresponding to 2008.

(a) Use the regression capabilities of a graphing utility to find a model of the form S = at³ + bt² + ct + d for the data.

(b) Use a graphing utility to plot the data and graph the model.

(d) Do you think the model would be accurate for predicting future sales? Explain.

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Calculus Of A Single Variable

ISBN: 9781337275361

11th Edition

Authors: Ron Larson, Bruce H. Edwards

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Question Posted: Apr 18, 2023 03:54 AM

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The manager of a store recorded the annual sales S (in thousands of dollars) of a product

Question:

S 10 11 12 13 8.1 7.3 7.8 9.2 11.3 12.8 8 9 14 12.9

Step by Step Answer:

a To find a model of the form Sat 3 bt 2 ctd for the data we can use regression analysis Using a gra...View the full answer

Calculus Of A Single Variable

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