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Use a Graphing Calculator to Plot the Data and Find

question 197

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Use a graphing calculator to plot the data and find the quadratic function of best fit.
-A small manufacturing firm collected the following data on advertising expenditures (in thousands of dollars) and total revenue (in thousands of dollars) .  Advertising, x Total Revenue, R256430286432316434326434346434396431406432456420\begin{array} { c | c } \text { Advertising, } \mathrm { x } & \text { Total Revenue, } \mathrm { R } \\\hline 25 & 6430 \\28 & 6432 \\31 & 6434 \\32 & 6434 \\34 & 6434 \\39 & 6431 \\40 & 6432 \\45 & 6420\end{array} Find the quadratic function of best fit.


Definitions:

Charitable Contribution

Donations of money, goods, or services to nonprofit organizations or charities to support their causes and obtain potential tax benefits.

Tax Deduction

An allowable expense that can be deducted from taxable income, thus reducing the overall tax liability.

Fiscal Year

A one-year period used for financial reporting and budgeting that does not necessarily align with the calendar year; the start and end dates are chosen by the company or government entity.

Public Causes

Social or community issues and initiatives that aim to promote the public's interest or welfare.

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