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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Price demand. A company manufactures notebook computers. Its marketing research department, using statistical techniques, collected the data shown in Table 9, 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 following price demand function to model the data:

(A) Plot the data points in Table 9, and sketch a graph of the price demand function in the same coordinate system.
(B) What would be the estimated price per computer for a demand of 11,000 computers? For a demand of 18,000 computers?
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