Exponential equation word problems

label Algebra
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Feb 9th, 2015

I plugged the information from the given table into excel and calculated a polynomial function that best fits: f(x)=0.0002x^2-0.782x^2+764.59

I plugged 2010 in for x and got $0.79

From where I sit, it is hard for me to figure why it spiked in 2008.  There must be more information somewhere.  Remembering that the recession hit in 2008, I typed "2008 recession asphalt price," and the first thing that popped up was "The perfect storm that sent liquid asphalt prices through the roof in 2009...."  I am guessing that is your answer.

I hope this is accurate and helpful.  Good luck!

Feb 9th, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Feb 9th, 2015
...
Feb 9th, 2015
Aug 23rd, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer