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2. An online music retailer knows that if they lower the price per song online the number of sales increases. They experiment with a
2. An online music retailer knows that if they lower the price per song online the number of sales increases. They experiment with a number of prices and record the sales of one particular song and generate the data below. /4 Sale Price ($) Total Income ($) 0.99 4950.00 0.97 4995.50 0.89 5117.50 0.95 5035.00 0.79 5135.00 0.69 5002.50 0.85 5142.50 a. Create a scatter plot using technology and sketch it. b. Determine the equation of the line/curve of best fit. C. Use your equation to determine the income collected if songs were sold for $0.64 d. Is the answer in question can example of interpolation or extrapolation? Explain.
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