
College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco
Edition 3ISBN: 032157060X
College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco
Edition 3ISBN: 032157060XStep 1 of 4
Consider that the table below gives the quantity of the graphing calculators demanded and the quantity supplied for selected prices.
Price ($) | Quantity Demanded (thousands) | Quantity Supplied (thousands) |
50 | 210 | 0 |
60 | 190 | 40 |
70 | 170 | 80 |
80 | 150 | 120 |
100 | 110 | 200 |
(a) Let us find the linear equation that gives the price as a function of the quantity demanded.
Enter the data of price and quantity demanded from the above table in the lists of a graphing utility.
The figure below shows a partial list of the data points.
The linear equation that gives the price as a function of the quantity demanded, found using linear regression with a graphing calculator.


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