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(B) What would be the estimated price per computer for a demand of 11,000 computers? For a demand of 21,000 computers? The estimated price per computer for a demand of 11,000 computers is $

(B) What would be the estimated price per computer for a demand of 11,000 computers? For a demand of 21,000 computers? The estimated price per computer for a demand of 11,000 computers is $

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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 sold. Using special analytical techniques (regression analysis), an analyst produced the price-demand function p(x) = 2,400 - 40x, 1 ≤ x ≤ 25 to model the data. Complete parts (A) and (B) below. x(thousands) 1 3 19 24 25 p($) 2360 2280 1640 1440 1400
Transcribed Image Text:A company manufactures notebook computers. Its marketing research department, using statistical techniques, collected the data shown in the table, where p is the wholesale price per computer at which x thousand computers can be sold. Using special analytical techniques (regression analysis), an analyst produced the price-demand function p(x) = 2,400 - 40x, 1 ≤ x ≤ 25 to model the data. Complete parts (A) and (B) below. x(thousands) 1 3 19 24 25 p($) 2360 2280 1640 1440 1400
(B) What would be the estimated price per computer for a demand of 11,000 computers? For a demand of 21,000 computers? The estimated price per computer for a demand of 11,000 computers is $
Transcribed Image Text:(B) What would be the estimated price per computer for a demand of 11,000 computers? For a demand of 21,000 computers? The estimated price per computer for a demand of 11,000 computers is $
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