K The following table shows the average new car transaction price in the USA as a percentage of disposable income Year % of Disposable Income 43 1960 0 1967 7 1994 34 62 85
K The following table shows the average new car transaction price in the USA as a percentage of disposable income Year % of Disposable Income 43 1960 0 1967 7 1994 34 62 85
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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Subject; algebra

Transcribed Image Text:K
The following table shows the average new car transaction price in the USA as a percentage of disposable income
Year % of Disposable Income
43
62
85
1960 0
1967 7
1994 34
(A) Find a quadratic function f(x) = ax²+bx+c that fits the data, where x represents the number of years after 1960.
f(x)= -0.055 x² +3.1x+43
(Round to three decimal places as needed.)
(B) Use the function to predict the price of a a new car as a percentage of disposable income in the year 2010.
What percentage of disposable income will the price of a new car cost in 2010?
4
(Round to the nearest integer as needed.)
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