International Data Corporation has reported the following costs per gigabyte of hard-drive storage space for the period

Question:

International Data has reported the following costs per gigabyte of hard-drive storage space for the period 1995€“2000. The data are also in file XR17008. Using x = 1 through 6 to represent years 1995€“2000, fit a second-order polynomial model to the data and estimate the cost per gigabyte for the year 2008.

x = Year code Cost/gigabyte Year $261.84 1995 1 1996 2 137.94 1997 3 69.68 1998 4 29.30 1999 5 13.09 2000 6. 6.46

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...