The stock price for a certain corporation can be approximated for the years 2010 through 2017 by \( f(x)=6.6 x^{2}-200 x+1612 \), where \( x=10 \) corresponds to the year 2010. During what year did a local minimum stock price occur?
Solución de inteligencia artificial de Upstudy
Responder
Solución
Respondido por UpStudy AI y revisado por un tutor profesional


Mind Expander
To find the year when a local minimum stock price occurred, we need to determine the vertex of the quadratic function \( f(x) = 6.6x^2 - 200x + 1612 \). The x-coordinate of the vertex, which gives the time of the local minimum, can be found using the formula \( x = -\frac{b}{2a} \). Here, \( a = 6.6 \) and \( b = -200 \). Calculating this gives: \[ x = -\frac{-200}{2 \cdot 6.6} = \frac{200}{13.2} \approx 15.15 \] Since \( x = 10 \) corresponds to the year 2010, adding 15.15 yields approximately 2025.15. The local minimum occurs in 2025, but since we only consider years, we round down to 2025. So, the local minimum stock price for the corporation occurred in **2025**.
