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StatisticsQ&A LibraryLet x be the number of units (in thousands) that a company produces and let p(x) be the profit (in tens of thousands of dollars). The following table gives the profit for different levels of production. x 5 7 9 11 13 15 17 19 21 23 p(x) 7.9 14.9 20.1 27.8 39.4 48.2 60.2 64.2 77.9 103.9 Use the quadratic regression program to find a mathematical model for p(x).Start your trial now! First week only $4.99!*arrow_forward*

Question

Let x be the number of units (in thousands) that a company produces and let p(x) be the profit (in tens of thousands of dollars). The following table gives the profit for different levels of production.

x | 5 | 7 | 9 | 11 | 13 | 15 | 17 | 19 | 21 | 23 |

p(x) | 7.9 | 14.9 | 20.1 | 27.8 | 39.4 | 48.2 | 60.2 | 64.2 | 77.9 | 103.9 |

Use the quadratic regression program to find a mathematical model for p(x).

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