Quadratic regression models are often used in economics areas such as utility function , forecasting, cost-befit analysis, etc. This JavaScript provides parabola regression model. This site also presents useful information about the characteristics of the fitted quadratic function.
In order to solve problems involving quadratic regression, it is necessary to
- know how to enter data into your graphing calculator for completing modeling problems
- know how to solve quadratic equations
- know how to calculate a quadratic equation that best fits a set of given data
- write and solve an equation for the problem
The examples are as follows :
-Beer's Law Scatter Plot and Linear Regression-
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