5. Consider the data points (1, –1), (2,2), (3,4), (4, 6). (In this problem, feel free to use a calculator to help with multiplying matrices.) (a) Find a quadratic polynomial y = a + bx + cx² that...


5. Consider the data points (1, –1), (2,2), (3,4), (4, 6). (In this problem, feel free to use a<br>calculator to help with multiplying matrices.)<br>(a)<br>Find a quadratic polynomial y = a + bx + cx² that best fits the given data.<br>(b)<br>Find an exponential function y =<br>aeba that best fits the given data.<br>(Hint: This is similar to the Cobb-Douglas production function problem in class. First<br>find a function of the form In(y) = c1 + c2x that best fits the given data, then expo-<br>nentiate both sides.)<br>

Extracted text: 5. Consider the data points (1, –1), (2,2), (3,4), (4, 6). (In this problem, feel free to use a calculator to help with multiplying matrices.) (a) Find a quadratic polynomial y = a + bx + cx² that best fits the given data. (b) Find an exponential function y = aeba that best fits the given data. (Hint: This is similar to the Cobb-Douglas production function problem in class. First find a function of the form In(y) = c1 + c2x that best fits the given data, then expo- nentiate both sides.)

Jun 04, 2022
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