Question

In the Vernon Smith demand curve experiment how did Smith calculate what the demand curve should...

In the Vernon Smith demand curve experiment how did Smith calculate what the demand curve should look like?

For example, if I have a list of buyers prices (the most they are willing to pay) $4,$3,$2.25,$1.50 and sellers prices (the least they are willing to sell their product for) $.75,$1,$2,$2.50,$4 how can I make a demand curve model?

I'm looking for the math. I have a Ti-84.

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