If $(\alpha_0,\alpha_1,\alpha_2,\dots)$ is an arbitrary sequence of complex numbers, and if $x$ is an element of $\mathcal{P}$, $x(t)=\sum\limits^n_{t=0}\xi_i t^i$, write $y(x)=\sum^n_{i=0}\xi_i\alpha_i$. Prove that $y$ is an element of $\mathcal{P'}$ and that every element of $\mathcal{P'}$ can be obtained in this manner by a suitable choice of the $\alpha's$.
Here $\mathcal{P'}$ is a dual space of $\mathcal{P}$. Can you explain what the second question means?
I’m not sure whether you only wanted clarification on the (second) question or a demonstration that it’s true. To answer them below, let’s write $\alpha=(\alpha_1,\alpha_2,\ldots)$ for the stated arbitrary infinite sequence. For any polynomial $x$, let $x^{(k)}$ be the $k$th derivative and write $Dx:=(x(0),x^{(1)}(0), \frac{x^{(2)}(0)}{2!},\ldots,\frac{x^{(n)}(0)}{n!},\ldots)$, which is simply the sequence coefficients of $x$ (consisting of an eventually trailing sequence of $0$s). Also, for a sequence $\delta=(\delta_1,\delta_2,\ldots)$, write $\delta\cdot\alpha:=\delta_1\alpha_1+\delta_2\alpha_2+\cdots$ for the dot product.
Now, observe that your space $\mathcal{P}$ is linearly isomorphic to the space $c_{00}$ of eventually zero sequences (consisting of all sequences which have only finitely many nonzero elements) by the canonical map $$x\mapsto Dx\,.$$ It is not difficult to prove (I will supply details upon request, but you can mimic the situation for finite-dimensional spaces) that a linear functional $L$ in $c_{00}’$ is specifically of the form $$L(\delta)=\delta\cdot\alpha$$ for some infinite sequence $\alpha$ and all $\delta\in c_{00}$.
Thus via the isomorphism $\mathcal{P}\sim c_{00}$, then for the first question, the map $$f\colon\mathcal{P}\to\mathbb{C}\,,~\,~\,~ x\mapsto Dx\cdot\alpha\,,$$ which gives you $fx=y$ in your notation, is a linear functional; and for the second question, every linear functional in $\mathcal{P}’$ is therefore of the form as $f$ above.