Discuss the rate of business spending on technology

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Reference no: EM131563228

Question: Business spending on technology in a study conducted in 2003, business spending on technology (in billions of dollars) from the beginning of 2000 through 2005 was projected to be

S(t) = -1.88t3 + 30.33t2 - 76.14t + 474            (0 ≤ t ≤ 5)

Where t is measured in years, with t = 0 corresponding to 2000. Show that the graph of s is concave upward on the interval (0, 5). What does this result tell you about the rate of business spending on technology over the period in question?

Reference no: EM131563228

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