Concept explainers
Let
(A) Show that if the row
(B) Show that if the column
(C) Show that if
(D) Explain why part (C) implies that the denominator
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- 9arrow_forwardGraph the linear function of g(x)=-1/2 +2arrow_forwardA Swiss watchmaker wants to create a production plan for the next 4 months.Projected orders for the company’s products are listed in the table. Over the 4 month period,watches may be produced in one month and stored in inventory to meet some later month’sdemand. Because of seasonal factors, the cost of production is not constant, as shown in thetable. The cost of holding a watch in inventory for 1 month is $4. The maximum numberof watches that can be held in inventory is 250. The inventory level at the beginning of theplanning horizon is 200 watches; the inventory level at the end of the planning horizon is to be100. Formulate a linear program (do not solve) to determine the optimal amount to produce ineach month so that demand is met while minimizing the total cost of production and inventory.Shortages are not permitted. Clearly define all decision variables and constraintsarrow_forward
- Suppose you believe that population abundance (A) of a particular species is a linear function of vegetation coverage (V) and the presence of a predators (P). Surveys where conducted across 20 sites and found the following information: a) There was an average of cover of .406 (40.6%) of the area, with an average 6.8 predators and 61.55 individuals in our target population. b) ⟨V2⟩=0.231⟨V2⟩=0.231, ⟨P2⟩=76.300⟨P2⟩=76.300, ⟨VP⟩=2.933⟨VP⟩=2.933, ⟨VA⟩=36.329⟨VA⟩=36.329, ⟨PA⟩=379.300⟨PA⟩=379.300 Set up the appropriate system of equations needed for a the linear regression of a model of the form A=aV+bP+cA=aV+bP+c. Then estimate the parameters and report the final model.arrow_forwardPLEASE HELP ASAP!!!!!! 1.) let f (x) = x2 + 5x + 4. so... f(3x-5)= ? 2.) Use the graph that is pictured: find the domain and range of f 3.) use the other picture of the tables: which of the tables could represent a linear function? For each that could be linear, find a linear equation that models the data. 4.)A town’s population has been growing linearly. In 2008, the population was 120,000, and the popu- lation has been growing by 3,400 people each year. Write an equation, P(t), for the population t years after 2008. 5.) Use the previous promt to answer^-Predict the population in 2019. as well as ->Identify the year in which the population will reach 80,000 6.)find a linear functions that satisfies the following properties: f(−1) = 4, f(3) = −2 as well as ->Passing through (4,−1) and (1,3). 7.)When a ball is tossed into the air, the height h is feet of the ball t seconds from the time that the ball is released is given by the formula h(x)=−16t2+80t+4. Determine the maximum…arrow_forwardThe monthly income associated with the sale of two products is described with the function in two variables / = 21a + 19b, where a and b are quantities sold of products A and B, respectively. Furthermore, it is known that the cost of producing these products is modeled by C = 3a² +6b². With this information answer: Write the criterion of the monthly profit function from the sales of products A and B, use as variables a and b What is the only critical point of the utility function? What is the value of the discriminant of the utility function evaluated at that critical point (Value of D used to classify the critical point) At this critical point. Is a relative maximum, a relative minimum, or neither determined?arrow_forward
- Does moderate alcohol consumption impact the performance of heavy machinery opera- tors in the workplace? A large stevedoring company studied the time on task (in seconds) to complete a complex manoeuvre by crane operators on the dock, firstly in a completely sober condition, and then five days later, after consuming a moderate amount of alcohol (as measured by a blood alcohol test). The data are given below: Operator Time taken while sober| Time taken after consuming alcohol 1 2 دانه 3 4 5 6 7 8 9 10 186 375 310 240 220 420 410 205 250 900 262 565 800 630 285 365 405 735 425 900 (a) Does moderate alcohol consumption increase the time it takes to complete a complex crane manoevure on the docks? Use an appropriate non-parametric test at a = 0.05 to support your conclusion. (b) Give a normal approximation to the above test (ignore that n is less than 25). Comment on the outcomes of the two different tests at the 1% level of significance.arrow_forwardThe Capital Asset Price Model (CAPM) is a financial model that attempts to predict the rate of return on a financial instrument, such as a common stock, in such a way that it is linearly related to the rate of return on the overal market. Specifically, RStockAiBo + BR Markets + e You are to study the relationship between the two variables and estimate the above model: R StockAi-rate of return on Stock A for month i, i = 1,2,---, 59. RMarket-market rate of return for month i, i=1,2,..., 59. B₁ represent's the stocks 'beta' value, or its systematic risk. It measure's the stocks volatility related to the market volatility. Bo represents the risk-free interest rate. The data in the .csv file contains the data on the rate of return of a large energy company which will be referred to as Acme Oil and Gas and the corresponding rate of return on the Toronto Composite Index (TSE) for 59 randomly selected months. Therefore Re, represents the monthly rate of return for a common share of Acme Oil…arrow_forwardA local travels company is in the business of car rentals. Due to covid, pricing of the car rentals is important. Assuming the car rental company charges Rs 500 per day then they can rent all the cars, however, if they change Rs 2000 per day then they cannot rent any car due to high cost. Let e be the cost of the car. The number of cars rented can be modelled using the linear function n(c) = 5000-3c. What should the owners charge to maximize their revenue?arrow_forward
- In a study to predict temperature from air pressure in a piston-cylinder device, 19 measurements were made of temperature in °F (y) and air pressure in psi (x). Three models were fit: the linear model y = Bo + B,x + ɛ, the quadratic model y = Bo + Bix + B2x² + ɛ, and the cubic model y = Bo + B,x + B2x? + Bx3 + E. The residuals and fitted values for each model are presented in the following table. Plot the residuals versus the fitted values for each model. For each model, state whether the model is appropriate, and explain. %3D Quadratic Model Fit Linear Model Cubic Model Residual Fit Residual Residual Fit -56.2 125.6 11.2 58.2 3.3 66.1 -34.0 153.1 -7.4 126.5 -6.7 125.7 8.4 179.8 4.9 183.4 9.2 179.0 21.4 207.2 -3.6 232.2 0.9 227.8 28.6 234.7 -8.2 271.5 -5.9 269.2 46.9 260.9 8.1 299.7 7.3 300.5 47.2 288.1 15.7 319.6 12.1 323.2 8.5 314.4 -7.0 329.8 -11.7 334.6 -7.1 342.0 4.0 330.9 1.0 333.9 -47.1 139.3 -1.3 93.6 -4.1 96.4 -1.6 166.2 9.1 155.5 12.1 152.5 38.0 220.9 5.9 253.0 9.5 249.4…arrow_forward3. The chief economist for Argus Corporation, a large appliance manufacturer, estimated the firm's short-run cost function for vacuum cleaners using an average variable cost function of the form AVC = a + bQ + cQ² where AVC = dollars per vacuum cleaner and Q = number of vacuum cleaners pro- duced each month. Total fixed cost each month is $180,000. The following results were obtained: DEPENDENT VARIABLE: AVC R-SQUARE F-RATIO P-VALUE ON F OBSERVATIONS: 19 VARIABLE INTERCEPT Q Q2 Show Transcribed Text PARAMETER ESTIMATE 191.93 -0.0305 0.0000024 Ĵ 0.7360 STANDARD ERROR 54.65 39.428 T-RATIO 3.512 0.00789 23.866 0.00000098 2.449 0.0001 P-VALUE 0.0029 0.0014 0.0262 a. Are the estimates â, b, and ĉ statistically significant at the 2 percent level of significance? b. Do the results indicate that the average variable cost curve is U-shaped? How do you know? c. If Argus Corporation produces 8,000 vacuum cleaners per month, what is the estimated average variable cost? Marginal cost? Total…arrow_forwardSuppose that a company that makes sweatshirts has a linear demand function of qD = –6p + 400 and a linear supply function of qS = 4p + 50, where p is the price of each sweatshirt and q is the quantity, or number of sweatshirts. How many sweatshirts are made and sold if the market is in equilibrium? (i.e., What is the equilibrium demand?) ? sweatshirtsarrow_forward
- Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage