The table shows the value y (in dollars) of a stock on day t. Use the regression feature on a graphing calculator to find a quadratic model and a cubic model for the data. t 1 2 3 4 5 6 7 8 9 10 6.38 6.75 6.91 7.04 7.06 6.92 6.71 6.40 5.98 5.55 O Cubic model Which model is a better fit for the data? Quadratic model Enter the better-fitting model. Round each number to the nearest thousandth. Use the model to estimate the value of the stock on day 13 to the nearest cent. సా

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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The table shows the value y (in dollars) of a stock on day t. Use the regression feature on a graphing calculator to find a quadratic model and a cubic model for the data.
t 1 2 3 4
6 7 8 9
10
6.38
6.75
6.91
7.04
7.06
6.92
6.71
6.40
5.98
5.55
Which model is a better fit for the data?
Quadratic model
O Cubic model
20
Enter the better-fitting model. Round each number to the nearest thousandth.
Use the model to estimate the value of the stock on day 13 to the nearest cent.
Transcribed Image Text:The table shows the value y (in dollars) of a stock on day t. Use the regression feature on a graphing calculator to find a quadratic model and a cubic model for the data. t 1 2 3 4 6 7 8 9 10 6.38 6.75 6.91 7.04 7.06 6.92 6.71 6.40 5.98 5.55 Which model is a better fit for the data? Quadratic model O Cubic model 20 Enter the better-fitting model. Round each number to the nearest thousandth. Use the model to estimate the value of the stock on day 13 to the nearest cent.
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