A company manufactures memory chips for microcomputers. The table below shows the price, p. per chip at which x million chips can be sold. Using linear regression on a graphing calculator, the price-demand function to model this data is given by pix) 84 - 4x x (millions) p ($) 80 68 4. 48 a. Graph the data and the model on the same coordinate system. Choose the correct graph below. All graphs are shown on a scale of 10,25.5) by 10,100,10). where the x-axis represents the number of chips sold (in milions) and the y-axis represents the price in dollars OD. OA OB Next 049 AWOac 80 4 68 9. 48 14 28 20 4. b. Use p(x) to estimate the price per chip for a demand of 4 million chips. The price per chip for 4 million chips will be $. (Round to nearest integer.) c. Use p(x) to estimate the demand at a price of $3. The demand at a price of $3 is million chins

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A company manufactures memory chips for microcomputers. The table below shows the price, p. per chip at which x million chips can be sold.
Using linear regression on a graphing calculator, the price-demand function to model this data is given by p(x) = 84 - 4x
x (millions) p ($)
B0
4.
68
6.
48
a. Graph the data and the model on the same coordinate system. Choose the correct graph below. All graphs are shown on a scale of 10,25,5) by
10,100,10). where the x-axis represents the number of chips sold (in milions) and the y-axis represents the price in dollars
OD.
Q
Next
an Jy
13M
04Da
1
80
4
68
48
14
28
20
4
b. Use p(x) to estimate the price per chip for a demand of 4 million chips.
The price per chip for 4 million chips will be $
(Round to nearest integer.)
c. Use p(x) to estimate the demand at a price of $3.
The demand at a price of $3 is million chins
Transcribed Image Text:A company manufactures memory chips for microcomputers. The table below shows the price, p. per chip at which x million chips can be sold. Using linear regression on a graphing calculator, the price-demand function to model this data is given by p(x) = 84 - 4x x (millions) p ($) B0 4. 68 6. 48 a. Graph the data and the model on the same coordinate system. Choose the correct graph below. All graphs are shown on a scale of 10,25,5) by 10,100,10). where the x-axis represents the number of chips sold (in milions) and the y-axis represents the price in dollars OD. Q Next an Jy 13M 04Da 1 80 4 68 48 14 28 20 4 b. Use p(x) to estimate the price per chip for a demand of 4 million chips. The price per chip for 4 million chips will be $ (Round to nearest integer.) c. Use p(x) to estimate the demand at a price of $3. The demand at a price of $3 is million chins
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