Sketch the Graph of the Function $y = ( x - 3 ) ^ { 2 }$

question 73

Essay

Sketch the graph of the function $y = ( x - 3 ) ^ { 2 }$ by transforming the graph of an appropriate function of the form $y = x ^ { n }$ . Indicate all $x$ - and $y$ - intercepts on your graph.

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Definitions:

Optimising Decisions

Making choices that lead to the best possible outcome, considering all available information and constraints.

Satisficing Decisions

Choose the first satisfactory alternative that comes to your attention.

Behavioural Decision Model

An approach to understanding decision-making, focusing on how individuals interpret and respond to information based on psychological and behavioural factors.

Bounded Rationality

A concept that decision-makers are limited in their decision-making capabilities by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make decisions.