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Widget Wonders produces widgets. They have found that the cost, c(x), of making x widgets is a quadratic function in terms of x. The company also discovered that it costs $15.50 to produce 3 widgets, $23.50 to produce 7 widgets, and $56 to produce 12 widgets. Find the total cost of producing 5 widgets.
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so you are given three 'points' of the quadratic curve
(x,y) = (# widgets, total cost) ( 3, 15.50) , (7, 23.50) , ( 12, 56 )
I'm having trouble remembering how to plug it into the quadratic formula to solve :(
now you use TI 83 calculator to find the quadratic curve y = 0.5*x^2 -3*x + 20
this is a problem of curve fitting, you have three points you want to fit to a quadratic function
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