3. The relationship between marginal and average costs
Consider the following scenario t...
Business, 11.03.2020 02:58 dnarioproctor
3. The relationship between marginal and average costs
Consider the following scenario to understand the relationship between marginal and average values. Suppose Tim is a professional basketball player, and his game log for free throws can be summarized in the following table.
Fill in the columns with Tim's free-throw percentage for each game and his overall free-throw average after each game.
Game
Game Result
Total
Game Free-Throw Percentage
Average Free-Throw Percentage
1 8/10 8/10 80 80
2 6/10 14/20
3 1/5 15/25
4 3/5 18/30
5 8/10 26/40
On the following graph, use the orange points (square symbol) to plot Tim's free-throw percentage for each game individually, and use the green points (triangle symbol) to plot his overall average free-throw percentage after each game.
Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically.
Answers: 3
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