Find a third-degree polynomial function for the data

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Reference no: EM131560074

Question: MODELING WITH DATA A hedge fund is a lightly regulated pool of professionally managed money. The assets (in billions of dollars) of hedge funds from the beginning of 1999 (t 0) through the beginning of 2004 are given in the following table:

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a. Use CubicReg to find a third-degree polynomial function for the data, letting t = 0 correspond to the beginning of 1999.

b. Plot the graph of the function found in part (a).

c. Use the numerical derivative capability of your graphing utility to find the rate at which the assets of hedge funds were increasing at the beginning of 2000 and the beginning of 2003.

Reference no: EM131560074

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