The Sno Cap Drive In in Sisters, Oregon is a diner that serves homemade ice cream and old fashioned burgers. The food here is great and the homemade ice cream is delicious. I stopped in this summer for a scoop of Cookie Monster ice cream. While waiting in line, I had some time to notice and wonder about the prices listed on the menu. What is going on here? NoticingI noticed the differences in price between having your burger with potato chips or with french fries. Depending on the burger you're having, it costs anywhere from 45¢ to 95¢ more to have fries instead of chips. I also noticed the difference between the burgers with cheese and those without cheese. To add cheese to your deluxe burger is an additional 80¢ but to add cheese to your bacon burger is only an additional 30¢. WonderingIs there a pattern or rule to the price differences between having a burger with chips or fries? The list of differences between chips and fries is: 70¢, 70¢, 65¢, 60¢, 45¢, 80¢, 75¢, 75¢, 95¢, 70¢, 65¢, 70¢, 70¢, 65¢, 80¢, 60¢. The values range from a minimum of 45¢ to a maximum of 95¢. The mean difference is 70¢ and the standard deviation (a measure of variation) is 11¢. I tried sorting the burgers in a variety of ways but there appears to be no pattern to the difference in price between chips and fries. This restaurant is in Oregon, which has no sales tax (one of only five such states), so the prices are not set so that when tax is applied, the total is a round number. I'm assuming that every burger gets the same amount of fries, but perhaps this isn't the case. I wonder if they get many questions about this? If you wanted to give the prices on this menu an overhaul, how would you price these burgers, chips and fries? Could you come up with a more logical system of pricing? What factors would go into making these price decisions? Which burger do you think is currently the most profitable based on the current prices? Nova Scotia Mathematics Curriculum Outcomes Grade 7 SP01  Students will be expected to demonstrate an understanding of central tendency and range by: determining the measures of central tendency (mean, median, mode) and range; determining the most appropriate measures of central tendency to report findings. Grade 7 N02  Students will be expected to demonstrate an understanding of the addition, subtraction, multiplication and division of decimals to solve problems (for more than onedigit divisors or more than twodigit multipliers, the use of technology is expected). Mathematics 11 S01  Demonstrate an understanding of normal distribution, including: standard deviation and zscores. EL
0 Comments
Leave a Reply. 
Archives
April 2019
Categories
All
