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CAHSEE Math 6.1 Statistics, Data, and Probability II 174 Views

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Description:

Statistics, Data, and Probability II Drill 6, Problem 1. Based on this graph, if ticket prices were to be slashed in half, the average attendance per game would be how much more than the original?

Language:

English Language

Subjects:

Tags:

Statistics, Data Analysis, and Probability 6 / Data sets

Common Core Standards:

Transcript

00:03
Here’s a shmoopy question for you…
00:05
For the past few years, the owners of a local baseball team, the Fighting Pansies,
00:10
have been trying to increase slumping attendance by lowering ticket prices.
00:13
Twitter feedback indicates that the biggest barrier to ticket sales is the high cost of the ticket.
00:18
No one wants to pay through the roof to watch a bunch of Pansies play lousy baseball.

00:23
Based on this graph, if ticket prices were to be slashed in half,
00:27
the average attendance per game would be how much more than the original?
00:31
And here are the potential answers...
00:35
OK, so this question is loaded with tricks.
00:38
That is… as we go to the right, we DECREASE the ticket price.
00:41
Intuitively, we’d think that going to the right is an increase…
00:45
but here it’s a discount. Go figure.
00:48
But if we pick a spot – any spot – on the graph – say a discount of 10% here
00:52
and move vertically upwards…
00:53
…we get an increase of 20% in attendance.
00:57
Now pick the 20% number and we get an increase of 40%.
01:01
The effect of ticket price discounting roughly DOUBLES attendance.
01:06
So the answer is B.
01:07
As in… “Batter up!”
Full Transcript