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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.

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Solution Summary

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