Solution: Let the circle's equation be $$(x)^2+(y-k)^2=r^2$$ and the Parabola's equation be $$y=x^2$$ Then due to the symmetry of the Parabola both the curves will meet at the points $(a,b)$ and $(-a,b)$. Consequently, $b=a^2$ and $a^2+(b-k)^2=r^2$.Substituting for $a^2$ in the second equation, we get: $$b+(b-k)^2=r^2$$ Moreover, since the Parabola is tangent to the circle, the gradient at these points is the same. This implies that $2a=\frac{a}{k-b}$, which further implies that $k-b=1/2$ as $a\
eq0$. Now, using the two results we can conclude that $b=r^2-1/4$ which implies that $k=r^2+1/4$. The value of $k$ gives you how high the circle is above the x-axis.