An auctioneer of antique Iranian rugs kept records of his weekly auctions in order to determine the relationships among price, age of carpet or rug, number of people attending the auction, and the number of times the winning bidder had previously attended his auctions. He felt that, with this information, he could plan his auctions better, serve his steady customers better, and make a higher overall profit for himself.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.2: Systems Of Linear Equations: Three Variables
Problem 61SE: Last year, at Haven's Pond Car Dealership, for a particular model of BMW, Jeep, and Toyota, one...
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An auctioneer of antique Iranian rugs kept records of his weekly auctions in order to determine the relationships among price, age of carpet or rug, number of people attending the auction, and the number of times the winning bidder had previously attended his auctions. He felt that, with this information, he could plan his auctions better, serve his steady customers better, and make a higher overall profit for himself. 

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