The equation $y=0.25x^{2}-6.5x+64.25$ gives the estimated stock price…

Question

Prompt

The equation

y = 0.25 x^{2} - 6.5 x + 64.25

gives the estimated stock price

y

, in dollars, for a certain company

x

days after the company went public, where

0 \leq x \leq 20

. Which statement is the best interpretation of

(x, y) = (1, 58)

in this context?

1 day after the company went public, the company's estimated stock price is $58.

58 days after the company went public, the company's estimated stock price is $1.

The company's estimated stock price increased $58 every day after the company went public.

The company's estimated stock price increased $1 every 58 days after the company went public.