Question

A marketing executive surveyed 1,000 shoppers at a grocery store to determine the highest price shoppers are willing to pay for a gallon of ice cream. His data is shown in the table.Highest Price (in dollars)Number of Shoppers5365640681201094125Based on the data, of 10,000 shoppers, which BEST estimates the number of shoppers that would be willing to pay at least $8.00 for a gallon of ice cream?A120cB219с1,200D2,190

Answer 1

The number of shoppers of the 1000 surveyed shoppers willing to pay at least $8.00 for a gallon of ice cream would be the addition of the number of shoppers willing to pay above $8.00

`=\text{ 120 +}94\text{ +5 =219 shoppers}`

The number of shoppers willing to pay at least $8.00 of 10,000 shoppers would be

`(219)/(1000)*10000=2190\text{ shoppers}`

The answer is D. 2,190 shoppers