3.
Figure 7
Results
of a Used-Car Auction
Small Cars
Large Cars
Number of cars offered
32
23
Number of cars sold
16
20
Projected sales total for cars offered (in thousands)
$70
$150
Actual sales total (in thousands)
$41
$120
For the large cars sold at an auction that is summarized
in the table above, what was the
average sale price per car?
$
Explanation
From Figure 7, you see that the number of large cars sold was 20 and the sales total for large
cars was $120,000 (not $120). Thus the average sale price per car was
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