(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
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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

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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