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12 September, 19:33

A certain business has implemented a new incentive plan whereby an employee earns tokens for every sale they make. What is the formula to use?

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  1. 12 September, 19:50
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    For 1 sale, an employee earns 1 tokens.

    For 2 sales, an employee earns 6 tokens.

    For 3 sales, an employee earns 12 tokens.

    For 4 sales, an employee earns 19 tokens.

    For the answer to the question above,

    Suppose that for x sales the number of tokens the employee earns is:

    ax^3 + bx^2 + cx + d

    Therefore:

    a (1^3) + b (1^2) + c (1) + d = 1

    a (2^3) + b (2^2) + c (2) + d = 6

    a (3^3) + b (3^2) + c (3) + d = 12

    a (4^3) + b (4^2) + c (4) + d = 19

    Therefore:

    a + b + c + d = 1

    8a + 4b + 2c + d = 6

    27a + 9b + 3c + d = 12

    64a + 16b + 4c + d = 19

    Solve that to get:

    a = 0

    b = 1/2

    c = 7/2

    d = - 3

    Therefore, the formula is:

    (1/2) x^2 + (7/2) x - 3
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