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Business Application: Automobile Production

The table shows the retail market share of passenger cars from Ford Motor Company as a percentage of the U.S. market. (see attachment)

A mathematical model for this data is given by f(x) = 0.04x2 - 0.8x + 22 where x = 0 corresponds to 1975
a. Complete the table. (see attachment)
b. Use values of the modeling function, f to estimate Ford's market share in 2000 and in 2005.
c. Write a brief description of Ford's market share from 1975 to 2005

2. Science Application: Greenhouse Gas Puzzle:
Atmospheric carbon dioxide levels continue to increase and are suspected to contribute to global warming. The solution to the polynomial equation

x^3 - 380x^2 + 2x - 760 = 0

gives the record high amount of carbon dioxide in parts per million (ppm) in 2005, as measured at Mauna Loa Observatory.
Determine this record amount.


Solution Summary

This solution answers the questions posted on the business application of automobile production with step-by-step calculations and explanations.