A company manufactures notebook computers. Its marketing research department, using statistical techniques, collected the data shown...
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A company manufactures notebook computers. Its marketing research department, using statistical techniques, collected the data shown in the table, where p is the wholesale price per computer at which x thousand computers can be x(thousands) sold. Using special analytical techniques (regression analysis), an analyst produced the price-demand function p(x) = 2,500-50x, 1 x25 to model the data. Complete parts (A) and (B) below. p($) 1 2450 2 2400 19 1550 22 1400 25 1250 (A) Plot the data points in the table, and sketch a graph of the price-demand function in the same coordinate system. Choose the correct graph to the right. (B) What would be the estimated price per computer for a demand of 15,000 computers? For a demand of 21,000 computers? The estimated price per computer for a demand of 15,000 computers is $ The estimated price per computer for a demand of 21,000 computers is $ . p(x) 2400 2200 2000 1800- O B. Ap(x) Q 2400 2200 2000 Q 1800 1600- 1400 1200 0 5 10 15 20 25 1600 1400- 1200+ 0 5 10 15 20 25 . O D. Ap(x) Q Ap(x) Q 2400 2400 2200 2200 2000 2000 1800- 1800- 1600- 1600 1400- 1400 1200 0 5 10 15 20 25 1200 0 5 10 15 20 25 A company manufactures notebook computers. Its marketing research department, using statistical techniques, collected the data shown in the table, where p is the wholesale price per computer at which x thousand computers can be x(thousands) sold. Using special analytical techniques (regression analysis), an analyst produced the price-demand function p(x) = 2,500-50x, 1 x25 to model the data. Complete parts (A) and (B) below. p($) 1 2450 2 2400 19 1550 22 1400 25 1250 (A) Plot the data points in the table, and sketch a graph of the price-demand function in the same coordinate system. Choose the correct graph to the right. (B) What would be the estimated price per computer for a demand of 15,000 computers? For a demand of 21,000 computers? The estimated price per computer for a demand of 15,000 computers is $ The estimated price per computer for a demand of 21,000 computers is $ . p(x) 2400 2200 2000 1800- O B. Ap(x) Q 2400 2200 2000 Q 1800 1600- 1400 1200 0 5 10 15 20 25 1600 1400- 1200+ 0 5 10 15 20 25 . O D. Ap(x) Q Ap(x) Q 2400 2400 2200 2200 2000 2000 1800- 1800- 1600- 1600 1400- 1400 1200 0 5 10 15 20 25 1200 0 5 10 15 20 25
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