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The table gives the price t, in dollars, of a round-trip flight from Denver to Chicago on a certain airline and the corresponding monthly profit
The table gives the price t, in dollars, of a round-trip flight from Denver to Chicago on a certain airline and the corresponding monthly profit P for that airline on that route. Round-trip Airfares Ticket Price (dollars) 200 250 300 350 400 450 Profit (thousand dollars) 3080 3520 3760 3820 3700 3380 (a) Find a quadratic model for the data. (Be sure to use t as the independent variable. Round all numerical values to three decimal places.) P(t) = 0.001-1.447t+747.447 x dollars x where t dollars is the ticket price, data from 200 t 450. (b) Use the unrounded model to calculate the average rate of change of profit when the ticket price rises from $300 to $350. (Round your answer to three decimal places.) 1.2 thousand dollars per dollar (c) Use the unrounded model to calculate the average rate of change of profit when the ticket price rises from $350 to $400. (Round your answer to three decimal places.) X thousand dollars per dollar 2.4
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