To calculate: To find a quadratic function that best models the data. Predict the proce of gold in the year 2016.

Expert Solution & Answer

Answer to Problem 11CT

The expected price of gold in 2016 is 5332.16

Explanation of Solution

Given information: Following data is given,

x	y
0	603.46
1	695.39
2	871.96
3	972.35
4	1224.53
5	1571.52

Here, 0 denotes the price of gold in 2006.

Calculation:

The data can be modeled by the equation,

y=ax2+bx+c

Since three unknowns are to be determined, substitute three values from the model data and simplify for a, b and c

y=ax2+bx+c603.46=a(0)2+b(0)+c (x=0,y=603.46)c=603.46 ...... (1)695.39=a(1)2+b(1)+c (x=1,y=695.39)a+b+c=695.39 a+b+603.46=695.39 a+b=695.39-603.46a+b=91.92 ...... (2)871.96=a(2)2+b(2)+c (x=2,y=871.96)4a+2b+c=871.96 4a+2b=871.96−603.464a+2b=268.52a+b=134.25 ...... (3)

Simplify equations (2) and (3),

a+b=91.922a+b=134.25_____________− − −−a=91.92−134.25−a=−42.33 a=42.33

Substitute the value of a in equation (2),

a+b=91.9242.33+b=91.92b=91.92−42.33=49.59

Substitute the values of a, b, and c in y=ax2+bx+c ,

y=ax2+bx+cy=42.33x2+49.59x+603.46

Now, 2016 is 10 years after 2006, therefore, the price of gold in 2016 can be obtained by substituting x=10 in the obtained model,

y=42.33x2+49.59x+603.46y(2016)=42.33(10)2+49.59(10)+603.46=4233+495.9+603.46=5332.36

Chapter 2, Problem 10CT

Chapter 2, Problem 1CA

Chapter 2 Solutions

Big Ideas Math A Bridge To Success Algebra 2: Student Edition 2015

Ch. 2.1 - Prob. 1E Ch. 2.1 - Prob. 2E Ch. 2.1 - Prob. 3E Ch. 2.1 - Prob. 4E Ch. 2.1 - Prob. 5E Ch. 2.1 - Prob. 6E Ch. 2.1 - Prob. 7E Ch. 2.1 - Prob. 8E Ch. 2.1 - Prob. 9E Ch. 2.1 - Prob. 10E

Ch. 2.1 - Prob. 11E Ch. 2.1 - Prob. 12E Ch. 2.1 - Prob. 13E Ch. 2.1 - Prob. 14E Ch. 2.1 - Prob. 15E Ch. 2.1 - Prob. 16E Ch. 2.1 - Prob. 17E Ch. 2.1 - Prob. 18E Ch. 2.1 - Prob. 19E Ch. 2.1 - Prob. 20E Ch. 2.1 - Prob. 21E Ch. 2.1 - Prob. 22E Ch. 2.1 - Prob. 23E Ch. 2.1 - Prob. 24E Ch. 2.1 - Prob. 25E Ch. 2.1 - Prob. 26E Ch. 2.1 - Prob. 27E Ch. 2.1 - Prob. 28E Ch. 2.1 - Prob. 29E Ch. 2.1 - Prob. 30E Ch. 2.1 - Prob. 31E Ch. 2.1 - Prob. 32E Ch. 2.1 - Prob. 33E Ch. 2.1 - Prob. 34E Ch. 2.1 - Prob. 35E Ch. 2.1 - Prob. 36E Ch. 2.1 - Prob. 37E Ch. 2.1 - Prob. 38E Ch. 2.1 - Prob. 39E Ch. 2.1 - Prob. 40E Ch. 2.1 - Prob. 41E Ch. 2.1 - Prob. 42E Ch. 2.1 - Prob. 43E Ch. 2.1 - Prob. 44E Ch. 2.1 - Prob. 45E Ch. 2.1 - Prob. 46E Ch. 2.1 - Prob. 47E Ch. 2.1 - Prob. 48E Ch. 2.1 - Prob. 49E Ch. 2.1 - Prob. 50E Ch. 2.1 - Prob. 51E Ch. 2.1 - Prob. 52E Ch. 2.2 - Prob. 1E Ch. 2.2 - Prob. 2E Ch. 2.2 - Prob. 3E Ch. 2.2 - Prob. 4E Ch. 2.2 - Prob. 5E Ch. 2.2 - Prob. 6E Ch. 2.2 - Prob. 7E Ch. 2.2 - Prob. 8E Ch. 2.2 - Prob. 9E Ch. 2.2 - Prob. 10E Ch. 2.2 - Prob. 11E Ch. 2.2 - Prob. 12E Ch. 2.2 - Prob. 13E Ch. 2.2 - Prob. 14E Ch. 2.2 - Prob. 15E Ch. 2.2 - Prob. 16E Ch. 2.2 - Prob. 17E Ch. 2.2 - Prob. 18E Ch. 2.2 - Prob. 19E Ch. 2.2 - Prob. 20E Ch. 2.2 - Prob. 21E Ch. 2.2 - Prob. 22E Ch. 2.2 - Prob. 23E Ch. 2.2 - Prob. 24E Ch. 2.2 - Prob. 25E Ch. 2.2 - Prob. 26E Ch. 2.2 - Prob. 27E Ch. 2.2 - Prob. 28E Ch. 2.2 - Prob. 29E Ch. 2.2 - Prob. 30E Ch. 2.2 - Prob. 31E Ch. 2.2 - Prob. 32E Ch. 2.2 - Prob. 33E Ch. 2.2 - Prob. 34E Ch. 2.2 - Prob. 35E Ch. 2.2 - Prob. 36E Ch. 2.2 - Prob. 37E Ch. 2.2 - Prob. 38E Ch. 2.2 - Prob. 39E Ch. 2.2 - Prob. 40E Ch. 2.2 - Prob. 41E Ch. 2.2 - Prob. 42E Ch. 2.2 - Prob. 43E Ch. 2.2 - Prob. 44E Ch. 2.2 - Prob. 45E Ch. 2.2 - Prob. 46E Ch. 2.2 - Prob. 47E Ch. 2.2 - Prob. 48E Ch. 2.2 - Prob. 49E Ch. 2.2 - Prob. 50E Ch. 2.2 - Prob. 51E Ch. 2.2 - Prob. 52E Ch. 2.2 - Prob. 53E Ch. 2.2 - Prob. 54E Ch. 2.2 - Prob. 55E Ch. 2.2 - Prob. 56E Ch. 2.2 - Prob. 57E Ch. 2.2 - Prob. 58E Ch. 2.2 - Prob. 59E Ch. 2.2 - Prob. 60E Ch. 2.2 - Prob. 61E Ch. 2.2 - Prob. 62E Ch. 2.2 - Prob. 63E Ch. 2.2 - Prob. 64E Ch. 2.2 - Prob. 65E Ch. 2.2 - Prob. 66E Ch. 2.2 - Prob. 67E Ch. 2.2 - Prob. 68E Ch. 2.2 - Prob. 69E Ch. 2.2 - Prob. 70E Ch. 2.2 - Prob. 71E Ch. 2.2 - Prob. 72E Ch. 2.2 - Prob. 73E Ch. 2.2 - Prob. 74E Ch. 2.2 - Prob. 75E Ch. 2.2 - Prob. 76E Ch. 2.2 - Prob. 77E Ch. 2.2 - Prob. 78E Ch. 2.2 - Prob. 79E Ch. 2.2 - Prob. 80E Ch. 2.2 - Prob. 81E Ch. 2.2 - Prob. 82E Ch. 2.2 - Prob. 83E Ch. 2.2 - Prob. 84E Ch. 2.2 - Prob. 85E Ch. 2.2 - Prob. 86E Ch. 2.2 - Prob. 87E Ch. 2.2 - Prob. 88E Ch. 2.2 - Prob. 1Q Ch. 2.2 - Prob. 2Q Ch. 2.2 - Prob. 3Q Ch. 2.2 - Prob. 4Q Ch. 2.2 - Prob. 5Q Ch. 2.2 - Prob. 6Q Ch. 2.2 - Prob. 7Q Ch. 2.2 - Prob. 8Q Ch. 2.2 - Prob. 9Q Ch. 2.2 - Prob. 10Q Ch. 2.2 - Prob. 11Q Ch. 2.2 - Prob. 12Q Ch. 2.2 - Prob. 13Q Ch. 2.2 - Prob. 14Q Ch. 2.3 - Prob. 1E Ch. 2.3 - Prob. 2E Ch. 2.3 - Prob. 3E Ch. 2.3 - Prob. 4E Ch. 2.3 - Prob. 5E Ch. 2.3 - Prob. 6E Ch. 2.3 - Prob. 7E Ch. 2.3 - Prob. 8E Ch. 2.3 - Prob. 9E Ch. 2.3 - Prob. 10E Ch. 2.3 - Prob. 11E Ch. 2.3 - Prob. 12E Ch. 2.3 - Prob. 13E Ch. 2.3 - Prob. 14E Ch. 2.3 - Prob. 15E Ch. 2.3 - Prob. 16E Ch. 2.3 - Prob. 17E Ch. 2.3 - Prob. 18E Ch. 2.3 - Prob. 19E Ch. 2.3 - Prob. 20E Ch. 2.3 - Prob. 21E Ch. 2.3 - Prob. 22E Ch. 2.3 - Prob. 23E Ch. 2.3 - Prob. 24E Ch. 2.3 - Prob. 25E Ch. 2.3 - Prob. 26E Ch. 2.3 - Prob. 27E Ch. 2.3 - Prob. 28E Ch. 2.3 - Prob. 29E Ch. 2.3 - Prob. 30E Ch. 2.3 - Prob. 31E Ch. 2.3 - Prob. 32E Ch. 2.3 - Prob. 33E Ch. 2.3 - Prob. 34E Ch. 2.3 - Prob. 35E Ch. 2.3 - Prob. 36E Ch. 2.3 - Prob. 37E Ch. 2.3 - Prob. 38E Ch. 2.3 - Prob. 39E Ch. 2.3 - Prob. 40E Ch. 2.3 - Prob. 41E Ch. 2.3 - Prob. 42E Ch. 2.3 - Prob. 43E Ch. 2.3 - Prob. 44E Ch. 2.3 - Prob. 45E Ch. 2.3 - Prob. 46E Ch. 2.3 - Prob. 47E Ch. 2.3 - Prob. 48E Ch. 2.3 - Prob. 49E Ch. 2.3 - Prob. 50E Ch. 2.3 - Prob. 51E Ch. 2.3 - Prob. 52E Ch. 2.3 - Prob. 53E Ch. 2.3 - Prob. 54E Ch. 2.3 - Prob. 55E Ch. 2.3 - Prob. 56E Ch. 2.3 - Prob. 57E Ch. 2.3 - Prob. 58E Ch. 2.3 - Prob. 59E Ch. 2.3 - Prob. 60E Ch. 2.4 - Prob. 1E Ch. 2.4 - Prob. 2E Ch. 2.4 - Prob. 3E Ch. 2.4 - Prob. 4E Ch. 2.4 - Prob. 5E Ch. 2.4 - Prob. 6E Ch. 2.4 - Prob. 7E Ch. 2.4 - Prob. 8E Ch. 2.4 - Prob. 9E Ch. 2.4 - Prob. 10E Ch. 2.4 - Prob. 11E Ch. 2.4 - Prob. 12E Ch. 2.4 - Prob. 13E Ch. 2.4 - Prob. 14E Ch. 2.4 - Prob. 15E Ch. 2.4 - Prob. 16E Ch. 2.4 - Prob. 17E Ch. 2.4 - Prob. 18E Ch. 2.4 - Prob. 19E Ch. 2.4 - Prob. 20E Ch. 2.4 - Prob. 21E Ch. 2.4 - Prob. 22E Ch. 2.4 - Prob. 23E Ch. 2.4 - Prob. 24E Ch. 2.4 - Prob. 25E Ch. 2.4 - Prob. 26E Ch. 2.4 - Prob. 27E Ch. 2.4 - Prob. 28E Ch. 2.4 - Prob. 29E Ch. 2.4 - Prob. 30E Ch. 2.4 - Prob. 31E Ch. 2.4 - Prob. 32E Ch. 2.4 - Prob. 33E Ch. 2.4 - Prob. 34E Ch. 2.4 - Prob. 35E Ch. 2.4 - Prob. 36E Ch. 2.4 - Prob. 37E Ch. 2.4 - Prob. 38E Ch. 2.4 - Prob. 39E Ch. 2.4 - Prob. 40E Ch. 2.4 - Prob. 41E Ch. 2 - Prob. 1CR Ch. 2 - Prob. 2CR Ch. 2 - Prob. 3CR Ch. 2 - Prob. 4CR Ch. 2 - Prob. 5CR Ch. 2 - Prob. 6CR Ch. 2 - Prob. 7CR Ch. 2 - Prob. 8CR Ch. 2 - Prob. 9CR Ch. 2 - Prob. 10CR Ch. 2 - Prob. 11CR Ch. 2 - Prob. 12CR Ch. 2 - Prob. 13CR Ch. 2 - Prob. 14CR Ch. 2 - Prob. 15CR Ch. 2 - Prob. 16CR Ch. 2 - Prob. 1CT Ch. 2 - Prob. 2CT Ch. 2 - Prob. 3CT Ch. 2 - Prob. 4CT Ch. 2 - Prob. 5CT Ch. 2 - Prob. 6CT Ch. 2 - Prob. 7CT Ch. 2 - Prob. 8CT Ch. 2 - Prob. 9CT Ch. 2 - Prob. 10CT Ch. 2 - Prob. 11CT Ch. 2 - Prob. 1CA Ch. 2 - Prob. 2CA Ch. 2 - Prob. 3CA Ch. 2 - Prob. 4CA Ch. 2 - Prob. 5CA Ch. 2 - Prob. 6CA Ch. 2 - Prob. 7CA Ch. 2 - Prob. 8CA Ch. 2 - Prob. 9CA

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