The owner of a rapidly expanding business finds that for the first five months of the year the sales (in thousands) are $4.0, $4.4, $5.2, $6.4, and $8.0. The owner plots these figures on a graph and conjectures that for the rest of the year, the sales curve can be approximated by a quadratic polynomial. Find the least squares quadratic polynomial fit to the sales curve, and use it to project the sales for the twelfth month of the year. Do not use computer.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The owner of a rapidly
expanding business finds that for
the first five months of the year
the sales (in thousands) are $4.0,
$4.4, $5.2, $6.4, and $8.0. The
owner plots these figures on a
graph and conjectures that for
the rest of the year, the sales
curve can be approximated by a
quadratic polynomial. Find the
least squares quadratic
polynomial fit to the sales curve,
and use it to project the sales for
the twelfth month of the year.
Do not use computer.
Transcribed Image Text:The owner of a rapidly expanding business finds that for the first five months of the year the sales (in thousands) are $4.0, $4.4, $5.2, $6.4, and $8.0. The owner plots these figures on a graph and conjectures that for the rest of the year, the sales curve can be approximated by a quadratic polynomial. Find the least squares quadratic polynomial fit to the sales curve, and use it to project the sales for the twelfth month of the year. Do not use computer.
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