Tuitiondemand

Tuitiondemand - to pay at least X $40,000 or more 45000...

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Responses to clicker question on willingness to pay to go to UCSB "Estimated Value in category assumes everybody who said $40,000 or more is willing ot pay $45,000, everybody who said $30k, but not 40k$ is willing to pay $35k, everybody who said $25k but not $30k is willing to pay $27.5k and so on. Estimated value Number out of 100 willingRevenue Response in category Fraction of class
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Unformatted text preview: to pay at least X $40,000 or more 45000 0.049 4.904 $220,682 $30,000 35000 0.070 11.940 $417,910 $25,000 27500 0.143 26.226 $721,215 $20,000 22500 0.113 37.527 $844,350 $15,000 17500 0.203 57.783 $1,011,194 $10,000 12500 0.230 80.810 $1,010,128 $8,000 9000 0.156 96.375 $867,377 $5,000 6500 0.019 98.294 $638,913 $Less than $5000 2600 0.017 100.000 $260,000...
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