The table represents the average daily price of a two-bedroom beachfront condo each month, with January represented as month 1,
February as month 2, and so on. Month (x) Daily Rental Price (y) 1 $154 2 $205 3 $266 4 $358 5 $403 6 $425 7 $437 8 $430 9 $381 10 $285 11 $211 12 $195 Use the graphing tool to determine the curve of best fit for this data. Write the equation of the curve in the space below.
1 answer:
Answer:
y = - 9.1768x2 + 122.2567x + 14.9091
Step-by-step explanation:
Given the following :
Month (x) Daily Rental Price (y) 1 $154 2 $205 3 $266 4 $358 5 $403 6 $425 7 $437 8 $430 9 $381 10 $285 11 $211 12 $195
Using the online regression equation graphing tool ; The quadratic model obtained in the form,
y = Ax^2 + Bx + C is :
y = - 9.1768x2 + 122.2567x + 14.9091
Attached below is a picture of the quadratic regression curve.
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