document.write( "Question 1084212: A mathmatician named antonia does some market research to find the effect that hourly wages has on the amount a repair person makes\r
\n" ); document.write( "\n" ); document.write( "If fhey charge to little lots of people would hire that person but rhe persob would not earn very much money\r
\n" ); document.write( "\n" ); document.write( "If the person charges too much again they wont make money because no one will hire them\r
\n" ); document.write( "\n" ); document.write( "Antonia believes that there must be an hourly wage that he could charge to make maximub earnings\r
\n" ); document.write( "\n" ); document.write( "Table of averages\r
\n" ); document.write( "\n" ); document.write( "Hour rate$
\n" ); document.write( "10
\n" ); document.write( "25
\n" ); document.write( "45
\n" ); document.write( "65
\n" ); document.write( "90\r
\n" ); document.write( "\n" ); document.write( "Weakly earning $
\n" ); document.write( "700
\n" ); document.write( "1450
\n" ); document.write( "1890
\n" ); document.write( "1690
\n" ); document.write( "540\r
\n" ); document.write( "\n" ); document.write( "1. Using graphic calculator make scatter plot\r
\n" ); document.write( "\n" ); document.write( "2. Do u agree with antonia that there probably is an hourly wage that will maximize earning\r
\n" ); document.write( "\n" ); document.write( "3. Determine equation
\n" ); document.write( "For the parabola\r
\n" ); document.write( "\n" ); document.write( "Determine coordinates\r
\n" ); document.write( "\n" ); document.write( "4. What hourly rate is best\r
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\n" ); document.write( "\n" ); document.write( "Omg pkz help me ive been stuck on stupid with this question
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Algebra.Com's Answer #698285 by Theo(13342)\"\" \"About 
You can put this solution on YOUR website!
you probably want to use a curve fit program.\r
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\n" ); document.write( "\n" ); document.write( "the relationship is not straight line, but more like a parabola.\r
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\n" ); document.write( "\n" ); document.write( "using an online curve fit program that i found at https://mycurvefit.com/, i got the following quadratic equation.\r
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\n" ); document.write( "\n" ); document.write( "y = -.8x^2 + 78x - 4.547474 * 10^-13\r
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\n" ); document.write( "\n" ); document.write( "i put that equation in the desmos.com calculator and it told me the maximum value for y is at y = 1901.25 when x is at 48.75.\r
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\n" ); document.write( "\n" ); document.write( "y represents the weekly earnings and x represents the hourly wage.\r
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\n" ); document.write( "\n" ); document.write( "this means that the amount a repair person makes per week is maximized when the hourly wages he charges is 48.75 dollars per hour.\r
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\n" ); document.write( "\n" ); document.write( "the desmos.com calculator can be found at https://www.desmos.com/calculator\r
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\n" ); document.write( "\n" ); document.write( "here's what i input into the curve fit program.\r
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\n" ); document.write( "\n" ); document.write( "here's what the curve fit program showed me was the result after i requested a polynomial quadratic equation fit.\r
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\n" ); document.write( "\n" ); document.write( "here's what the desmos calculator showed me.\r
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\n" ); document.write( "\n" ); document.write( "the R^2 tells you how good the fit is.\r
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\n" ); document.write( "\n" ); document.write( "since the R^2 is equal to 1, that's the best fit you can get.\r
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\n" ); document.write( "\n" ); document.write( "you could also use excel to do something similar.\r
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\n" ); document.write( "\n" ); document.write( "they have a correlation option which graphs the data and also tells you which type of equation fits the data the best.\r
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\n" ); document.write( "\n" ); document.write( "in general, the type of equation that gives you the highest R^2 value is the one that gives you the best fit.\r
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