Solved

The Following Table Exhibits the Age of Antique Furniture and the Corresponding

Question 29

Multiple Choice

The following table exhibits the age of antique furniture and the corresponding prices. Use the table to answer the following questions) . Hint: Use scatter diagram and the Excel Trendline tool where necessary) .  Number  of years  Value $7993091101083970159195013416102102880899801782010124137072900\begin{array} { | r | r | } \hline\begin{array} { l } \text { Number } \\\text { of years }\end{array} & \begin{array} { l } \text { Value } \\\$\end{array} \\\hline 79 & 930 \\\hline 91 & 1010 \\\hline 83 & 970 \\\hline 159 & 1950 \\\hline 134 & 1610 \\\hline 210 & 2880 \\\hline 89 & 980 \\\hline 178 & 2010 \\\hline 124 & 1370 \\\hline 72 & 900 \\\hline\end{array}
-Which of the following mathematical functions, used in predictive analytical models, is represented by the formula y = ax3 + bx2 + cx + d?


A) exponential functions
B) power functions
C) logarithmic functions
D) polynomial functions

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions