A company manufactures notebook computers. Its marketingresearch department, using statistical techniques, collected thedata shown in the table, where p is the wholesale price percomputer at which x thousand computers can be sold. Usingspecial analytical techniques (regression analysis), an analystproduced the price-demand function p(x) = 2,400 - 40x,1 ≤ x ≤ 25 to model the data. Complete parts (A) and (B) below.x(thousands)13192425p($)23602280164014401400 (B) What would be the estimated priceper computer for a demand of 11,000computers? For a demand of 21,000computers?The estimated price per computer for ademand of 11,000 computers is $

The given price-demand function px=2400-40x.

Answered: (B) What would be the estimated price…

(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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Question

100%

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 $

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