The product-sum method is a useful technique for factoring quadratic equations when the leading coefficient is not one. It involves finding two numbers whose product equals a * c and whose sum equals b.
Taking our given quadratic equation 3x^2 - 8x + 4, with coefficients 'a' = 3, 'b' = -8, and 'c' = 4, first compute a * c, which equals 12 (since 3 * 4 = 12). The next step is finding two numbers that multiply to 12 and add up to -8. Those numbers are -6 and -2.
Using these numbers, rewrite the middle term -8x as -6x - 2x, so the expression becomes 3x^2 - 6x - 2x + 4.
Then, use grouping to factorize: group the terms as 3x(x - 2) - 2(x - 2) and then factor out the common binomial (x - 2), which results in (3x - 2)(x - 2). This is how the product-sum method simplifies factoring.