Minimizing average costs- the table gives the total daily, Ask an Expert

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Minimizing average costs:-

The table gives the total daily costs y (in dollars) of producing x deluxe pizzas at various production levels.

1362_Table 2.jpg

(A) Enter the data into a graphing calculator and find a quadratic regression equation for the total costs.

(B) Use the regression equation from part (A) to find the minimum average cost (to the nearest cent) and the corresponding production level (to the nearest integer).

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M92023582

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