Question: need help working this problem out P(x), in thousands of dollars, made by Bailey Inc. when charging * dollars for their product. Using Excel, find

need help working this problem out need help working this problem out P(x), in thousands of dollars, made

P(x), in thousands of dollars, made by Bailey Inc. when charging * dollars for their product. Using Excel, find an appropriate regression equation model for this data, utilizing ONLY one of the six functions that we study in Business Calculus (from #1 above). Display the equation on the graph of the data, accurate to four (4) decimal places. In Excel, produce a new graph of the function using the model you found and a domain (1.50, 25] with increments of 0.25. Use this to predict the profit when charging $20.75 per item. Highlight this row in your table. P(x) 1.20 1.80 2.23 2.98 3.74 4.10 5.80 6.23 7.90 8.45 9.21 10.73 12.43 0.391 1.777 2.207 2.683 3.008 3.131 3.569 3.654 3.932 4.008 4.105 4.275 4.436 contextual meaning of the result you find using correct um 3. [10pts. The data given in the table at right shows the profit

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