Use quadratic regression to find a function that models the data. Plot the data and the quadratic regression curve. The table to the right shows the price of soybean meal (in dollars per metric ton). With x = 0 corresponding to the year 2000, what does the graphing calculator model estimate for the year 2014?

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Use quadratic regression to find a function that models the data. Plot the data and the quadratic regression curve. The table to the right shows the price of soybean
meal (in dollars per metric ton). With x = 0 corresponding to the year 2000, what does the graphing calculator model estimate for the year 2014?
Use quadratic regression to find a function f(x) that models the data.
f(x) = (x² + (x+
(Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.)
Years R-and-D Spending
2011
2012
2013
2014
2015
398
523
545
528
394
Transcribed Image Text:Use quadratic regression to find a function that models the data. Plot the data and the quadratic regression curve. The table to the right shows the price of soybean meal (in dollars per metric ton). With x = 0 corresponding to the year 2000, what does the graphing calculator model estimate for the year 2014? Use quadratic regression to find a function f(x) that models the data. f(x) = (x² + (x+ (Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.) Years R-and-D Spending 2011 2012 2013 2014 2015 398 523 545 528 394
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Step 1

The data given is as follows:

Years Spending
2011 398
2012 523
2013 545
2014 528
2015 394
  1. We have to fit a quadratic regression model for this data.
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