The equation gives the estimated stock price y, in dollars, for a cer…

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Text

y = 0.25 x^{2} - 7.5 x + 95.25

The equation 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, 88)

in this context?

1 day after the company went public, the company's estimated stock price is $88.

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

The company's estimated stock price increased $88 every day after the company went public.

The company's estimated stock price increased $1 every 88 days after the company went public.