3.2+Finding+Customers+10-11

Ishita Senesi Block D  Problem 3.2﻿   Finding Customers    ** Essential Question: **  Sidney, Liz, Celia, Malcolm, and Theo have planed their route and they need customers now. They are now trying to find out what price they should charge for them to get customers. ** Big Understanding: ** Observation and description of changes in the world around us are the first steps in finding and learning about patterns. Problem 3.2    A)   If you were to make a graph of the data, which variable would you put on the x-axis? which variable would you put on the y-axis? Explain your choices.

I would put the tour price on the x-axis, and the number of customers on the y-axis, because it will be easier to see the "story" in the graph from the table of finding the customers. B)

Make a coordinate graph of the data on grid paper.
 * Tour Price || # who would be customers at this price ||
 * $150 || 76 ||
 * 200 || 74 ||
 * 250 || 71 ||
 * 300 || 65 ||
 * 350 || 59 ||
 * 400 || 49 ||
 * 450 || 38 ||
 * 500 || 26 ||
 * 550 || 14 ||
 * 600 || 0 ||

C)

Based on your graph, what price do you think the tour operators should charge? Explain your reasoning. $350, because they can make more money w ith that, and because it is an average (middle) number and usually middle numbers work the best in most of the problems.

3.2 F.U     1)

The numbers of people who said they would take the tour depended on the price. How does the number of potential customers change as the price increases? As the price goes higher less people/ customers want to go on the tour. Even in the normal economic system, when the price gets a bit to high not lots of people want the product which in this problem it is a tour. So not lots of people want to go, because it is expensive.

2)

How is the change in the number of people who said they would go on the tour shown in the table? On the graph? On the table it is hard to see the long differences (can't see the differences well), but on the graph it shows the differences really well. RESOURCES  http://www.shodor.org/interactivate/activities/ScatterPlot/