ases of Wine Sold at Five Price Levels ses Sold per 10,000 pulation Price per Bottle 23, 21 $10 19, 18 11 15, 17 12 19, 20 13 25, 24 14

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter9: Solving Quadratic Functions
Section: Chapter Questions
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TABLE 3.4
A distributor of table wines conducted a study of the relationship between price and
demand using a type of wine that ordinarily sells for $10.00 per bottle. He sold this
wine in 10 different marketing areas over a 12-month period, using five different
price levels from $10 to $14. The data are given in Table 3.4. Construct a scatter-
plot for the data, and use the graph to describe the relationship between price and
demand.
Cases of Wine Sold at Five Price Levels
Cases Sold per 10,000
Population
Price per Bottle
23, 21
$10
19, 18
11
15, 17
12
19, 20
13
25, 24
14
Transcribed Image Text:TABLE 3.4 A distributor of table wines conducted a study of the relationship between price and demand using a type of wine that ordinarily sells for $10.00 per bottle. He sold this wine in 10 different marketing areas over a 12-month period, using five different price levels from $10 to $14. The data are given in Table 3.4. Construct a scatter- plot for the data, and use the graph to describe the relationship between price and demand. Cases of Wine Sold at Five Price Levels Cases Sold per 10,000 Population Price per Bottle 23, 21 $10 19, 18 11 15, 17 12 19, 20 13 25, 24 14
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