$x^3$ has a point of inflection at $x=0$. How will you modify the formula to add a 2nd point of inflection at $x=1$?
Plot of $x^3$

Plot of $x^3(x-1)^3$

Update
The plot I am aiming to achieve has a shape similar to the graph below. However I would like the 2 inflection points at $(0, 1)$ and $(1, 0.05)$, and intersects the x-axis at $(1.5,0)$ and y-axis at $(0,1)$.
Graph with similar target shape

Current attempt
The closest I can get is using $1 - [ 16x^3 - 23x^4 + 9x^5 ]$ using J.M.'s equation inside the $[]$ square brackets with $\alpha=2$ and $\beta=1$. How should I bring the point of inflection at $x=1$ up to around $y=0.05$? Its currently at $y=-1$


It seems that there is an implicit constraint (because else George V. Williams' answer (+1) would be perfect !) : that the derivatives at $x=0$ and $1$ are $0$ !
With these constraints I got a polynomial of degree $6$ $P(x)=\frac{706}{135}x^6-\frac{385}{18}x^5+\frac{5389}{180}x^4-\frac{3977}{270}x^3+1$
but the behavior was not nice near $\frac 32$ so that I tried again with a polynomial of degree $7$ and the additional constraint $P'\left(\frac 32\right)=-1$ (change this if wished !) : $$P(x)=a x^7+b x^6+c x^5+dx^4+ex^3+fx^2+gx+h$$ From $P(0)=1$ we get $\ h=1$
From $P(1)=\frac 1{20}$ we get $\ a+b+c+d+e+f+g=\frac 1{20}-1$
We want too $P\left(\frac 32\right)=0$ but will write this down later...
$$P'(x)=7ax^6+6b x^5+5c x^4+4dx^3+3ex^2+2fx+g$$ Should $P'(0)=P'(1)=0$ be wished then $g=0\ $ and $\ 7a+6b+5c+4d+3e+2f=0$
(we will impose too $P'\left(\frac 32\right)=-1$ at the end) $$P''(x)=42ax^5+30b x^4+20c x^3+12dx^2+6ex+2f$$
From $P''(0)=P''(1)=0$ we get $f=0\ $ and $\ 7a+5b+\frac {10}3c+2d+e=0$
Let's put everything together (the two last lines from the array concern $64P'\left(\frac 32\right)$ and $128P\left(\frac 32\right)$) : $$P(x)=a x^7+bx^6+c x^5+dx^4+ex^3+1$$ with \begin{array}{cccccc} a &+b &+c &+d &+e&= &-\frac{19}{20}\\ 7a &+6b &+5c &+4d &+3e &= &0\\ 7a &+5b &+\frac {10}3c&+2d&+e&=&0\\ 5103a &+ 2916b &+ 1620c &+ 864d &+ 432e &=&-64\\ 2187a &+ 1458 b &+ 972 c &+ 648d &+ 432e &=&-128\\ \end{array}
The solution deduced from this system is : $$P(x)=-\frac{838}{135}x^7+\frac{4477}{135}x^6-\frac{1223}{18}x^5+\frac{34603}{540}x^4-\frac{6491}{270}x^3+1$$
with the picture :