ShmoopTube

Where Monty Python meets your 10th grade teacher.

Search Thousands of Shmoop Videos


Statistics, Data, and Probability II Videos 30 videos

CAHSEE Math 1.1 Statistics, Data, and Probability II
191 Views

CAHSEE Math Statistics, Data, and Probability II: Drill 1 Problem 1. Which of the following tables best represents the relationship between the val...

CAHSEE Math 1.2 Statistics, Data, and Probability II
199 Views

Statistics, Data, and Probability II Drill 1, Problem 2. Based on the chart, which of the following statements is true?

CAHSEE Math 1.3 Statistics, Data, and Probability II
169 Views

CAHSEE Math Statistics, Data, and Probability II: Drill Set 1, Problem 3. Based on the following, which of the following statements is true? 

See All

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


Share It!


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

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!”

Related Videos

CAHSEE Math 5.3 Algebra and Functions
2033 Views

CAHSEE Math: Algebra and Functions Drill 5, Problem 3. Solve the equation.

SAT Math 6.1 Geometry and Measurement
3974 Views

SAT Math 6.1 Geometry and Measurement

CAHSEE Math 3.4 Statistics, Data, and Probability I
363 Views

Statistics, Data, and Probability I: Drill Set 3, Problem 4. How many different avatars can be created based on the given options?

CAHSEE Math 3.2 Statistics, Data, and Probability II
224 Views

Statistics, Data, and Probability II Drill 3 Problem 2. Which two sports together make up for the preferences of more than half of all those w...

CAHSEE Math 3.3 Statistics, Data, and Probability II
198 Views

Statistics, Data, and Probability II Drill 3 Problem 3. One hundred twenty of those who were asked preferred what sport?