2. Modeling Luxury Home Sales S(t) = 5.8t2 - 81.2t + 1200 models the The following quadratic function in general form, number of luxury home sales, S(t), in a major Canadian urban area, according to statistical data gathered over a 12 year period. Luxury home sales are defined in this market as sales of properties worth over $3 Million (inflation adjusted). In this case, t = 0 represents 2000 and t = 11 represents 2011. Use a calculator to find the year when the smallest number of luxury home sales occurred. Without sketching the function, interpret the meaning of this function, on the given practical domain, in one well-expressed sentence.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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2. Modeling Luxury Home Sales
S(t) = 5.8t? – 81.2t + 1200 models the
The following quadratic function in general form,
number of luxury home sales, S(t), in a major Canadian urban area, according to statistical data gathered
over a 12 year period. Luxury home sales are defined in this market as sales of properties worth over $3
Million (inflation adjusted). In this case, t = 0 represents 2000 and t = 11 represents 2011. Use a
calculator to find the year when the smallest number of luxury home sales occurred. Without sketching
the function, interpret the meaning of this function, on the given practical domain, in one well-expressed
%3D
sentence.
Transcribed Image Text:2. Modeling Luxury Home Sales S(t) = 5.8t? – 81.2t + 1200 models the The following quadratic function in general form, number of luxury home sales, S(t), in a major Canadian urban area, according to statistical data gathered over a 12 year period. Luxury home sales are defined in this market as sales of properties worth over $3 Million (inflation adjusted). In this case, t = 0 represents 2000 and t = 11 represents 2011. Use a calculator to find the year when the smallest number of luxury home sales occurred. Without sketching the function, interpret the meaning of this function, on the given practical domain, in one well-expressed %3D sentence.
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