Micheal's savings can be modeled by the regression equation y= 10x^2 +50x+300. Which of the following is the best prediction for the amount he will have saved after 20 months?
Choices:
A.$10,800

B.$7,260

C. $5,300

D. $9,540

Respuesta :

Answer: The correct option is C.

Explanation:

It is given that Micheal's savings can be modeled by the regression equation,

[tex]y=10x^2+50x+300[/tex]

Where x is the number of months and y is the amount of saving.

We have to find the best prediction for the amount he will have saved after 20 months.

Put x=20 in the given equation.

[tex]y=10(20)^2+50(20)+300[/tex]

[tex]y=10(400)+1000+300[/tex]

[tex]y=4000+1000+300[/tex]

[tex]y=5300[/tex]

He can save 5,300 after 20 months.

Therefore the correct option is C.