Question

Part 1 - Application Pick one of the two graphs below. Describe a situation which could be modeled by this polynomial graph. Be sure to label the x and y axis with what each will represent in your real life graph. Sample labels could include time, temperature, speed, distance and more. Be sure to add numbers to your axes as well and explain how you came up with your situation.

Answer 1

One good example of a situation that can be modeled by this Polynomial Graph is the price-time relationship between currency pairs being traded on the Foreign Exchange Market.

What is a Polynomial Graph?

A polynomial parameter graph is essentially a smooth continuous curve.

Although the forex graph attached has sharp undulations, when regressed and viewed via Polynomial Regression Indicators, they exhibit strong polynomial qualities that meet the requirements of the definition above.

It is to be noted that the Y-Axis is indicative of the price of the currency pairs (which could be any currency against another) and the X-Axis expresses time. See the attached graphs for a better picture.

Learn more about polynomial graphs at:
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