the vertex of the quadratic function is (7.5, 3.675).
Company revenue quadratic function.
Angel
The revenue, in billions of dollars, for a company in the year 2002 was $2.7 billion. One year later, in 2003, the revenue had risen to $3.4 billion. In 2005, the revenue climbed to $3.9 billion, before falling to $2.7 billion in 2008. The revenue, r, in billions of dollars, for the company, is a quadratic function of the number of years since 2002, x. what is the vertex of the function?
To find the quadratic function that represents the revenue of the company as a function of the number of years since 2002, we can use the vertex form of a quadratic function:
r(x) = a(x - h)^2 + k
where a is the coefficient of the quadratic term, h is the x-coordinate of the vertex, and k is the y-coordinate of the vertex.
We can use the given revenue values to set up a system of three equations:
2.7 = a(0 - h)^2 + k
3.4 = a(1 - h)^2 + k
2.7 = a(6 - h)^2 + k
Subtracting the first equation from the second, and the first equation from the third, we get:
0.7 = a(1 - h)^2
0 = a(6 - h)^2
Since a cannot be zero (otherwise we wouldn't have a quadratic function), we can divide the second equation by the first to get:
6 - h = 10
which gives us h = -4.
Substituting h = -4 into the first equation, we get:
2.7 = a(0 - (-4))^2 + k
2.7 = 16a + k
Substituting the revenue value for 2005, we get:
3.9 = a(3 - (-4))^2 + k
3.9 = 49a + k
Solving for a and k, we get:
a = -0.1
k = 4.3
Therefore, the quadratic function that represents the revenue of the company as a function of the number of years since 2002 is:
r(x) = -0.1(x + 4)^2 + 4.3
The vertex of this function is at (-4, 4.3).