
A Problem Solving Approach to Mathematics for Elementary School Teachers, Books a la Carte Edition plus NEW MyLab Math with Pearson eText - Access Card Package (12th Edition)
12th Edition
ISBN: 9780133865479
Author: Rick Billstein, Shlomo Libeskind, Johnny Lott
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 1.2, Problem 10MC
To determine
Two problems appropriate for the
Expert Solution & Answer

Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
29% of all college students major in STEM (Science, Technology, Engineering, and Math). If 46 college students are randomly selected, find the probability thata. Exactly 11 of them major in STEM. b. At most 12 of them major in STEM. c. At least 11 of them major in STEM. d. Between 11 and 15 (including 11 and 15) of them major in STEM.
4. Assume that a risk-free money market account is added to the market described in Q3.
The continuously compounded rate of return on the money market account is log (1.1).
(i) For each given μ, use Lagrange multipliers to determine the proportions (as a
function of μ) of wealth invested in the three assets available for the minimum
variance portfolio with expected return μ.
(ii) Determine the market portfolio in this market and calculate its Sharp ratio.
3. A market consists of two risky assets with rates of return R₁ and R2 and no risk-free
asset. From market data the following have been estimated: ER₁ = 0.25, ER2 = 0.05,
Var R₁ = 0.01, Var R2 = 0.04 and the correlation between R1 and R2 is p = -0.75.
(i) Given that an investor is targeting a total expected return of μ = 0.2. What
portfolio weights should they choose to meet this goal with minimum portfolio
variance? Correct all your calculations up to 4 decimal points.
(ii) Determine the global minimum-variance portfolio and the expected return and
variance of return of this portfolio (4 d.p.).
(iii) Sketch the minimum-variance frontier in the μ-σ² plane and indicate the efficient
frontier.
(iv) Without further calculation, explain how the minimum variance of the investor's
portfolio return will change if the two risky assets were independent.
Chapter 1 Solutions
A Problem Solving Approach to Mathematics for Elementary School Teachers, Books a la Carte Edition plus NEW MyLab Math with Pearson eText - Access Card Package (12th Edition)
Ch. 1.1 - Mathematical Connections 1-2 a. If a fixed number...Ch. 1.1 - Mathematical Connections 1-2 A student says she...Ch. 1.1 - Mathematical Connections 1-2 Abby and Dan are...Ch. 1.1 - Consider a game where you have two distict piles...Ch. 1.1 - Mathematical Connections 1-2 A mathematician named...Ch. 1.1 - Mathematical Connections 1-2 The figure below...Ch. 1.1 - Mathematical Connections 1-1 The distance around...Ch. 1.1 - Work in pairs on the following versions of a game...Ch. 1.1 - John asks why the last step of Polyas four-step...Ch. 1.1 - Mathematical Connections 1-2 Connecting...
Ch. 1.1 - Mathematical Connections 1-2 Connecting...Ch. 1.1 - National Assessment of Educational Progress NAEP...Ch. 1.1 - A pattern of dots is shown above. How many dots...Ch. 1.1 - Susie said, I have 83c but fewer than 10 coins....Ch. 1.1 - An Introduction to Problem Solving Sam folds a...Ch. 1.1A - Use the approach in Gausss Problem to find the...Ch. 1.1A - Use the ideas in drawings a and b to find the...Ch. 1.1A - Find the sum 36+37+38+39+...+146+147.Ch. 1.1A - Assessment 1-1A Cookies are sold singly or in...Ch. 1.1A - Assessment 1-1A In a big red box, there are 7...Ch. 1.1A - Assessment 1-1A How many triangles are in the...Ch. 1.1A - Without computing each sum of the arithmetic...Ch. 1.1A - Assessment 1-1A Alababa, Bubba, Cory, and Dandy...Ch. 1.1A - Assessment 1-1A How many ways can you make change...Ch. 1.1A - Assessment 1-1A The following is a magic square...Ch. 1.1A - Assessment 1-1A Debbie and Amy began reading a...Ch. 1.1A - Assessment 1-1A The 14 digits of a credit card are...Ch. 1.1A - Assessment 1-1A Three closed boxes A, B, and C of...Ch. 1.1A - Assessment 1-1A An electrician charges 50 per hour...Ch. 1.1A - Assessment 1-1A Kathy stood on the middle rung of...Ch. 1.1B - Use the approach in Gausss Problem to find the...Ch. 1.1B - Use the diagram below to explain how to find the...Ch. 1.1B - Find the sum of 58+59+60+61+...+203.Ch. 1.1B - Eve Merriam " titled her childrens book...Ch. 1.1B - Prob. 5ACh. 1.1B - How many squares are in the following figure?Ch. 1.1B - If P=1+3+5+7+...+99 and Q=5+7+9...+101 are sums of...Ch. 1.1B - The sign says that you are leaving Missoula, Butte...Ch. 1.1B - Marc goes to the store with exactly 1.00 in...Ch. 1.1B - Find a 3-by-3 magic square using the numbers 3, 5,...Ch. 1.1B - Eight marbles look alike, but one is slightly...Ch. 1.1B - Recall the song "TheTwelveDaysofChristmas": On the...Ch. 1.1B - a. Suppose you have quarters, dimes and pennies...Ch. 1.1B - Suppose you buy lunch for the math club. You have...Ch. 1.1B - One winter night the temperature fell 15 degrees...Ch. 1.2 - a. If a fixed number is added to each term of an...Ch. 1.2 - A student says she read that Thomas Robert Malthus...Ch. 1.2 - MATHEMATICAL CONNECTIONS Abby to take place in 5...Ch. 1.2 - MATHEMATICAL CONNECTIONS The arithmetic average of...Ch. 1.2 - Prob. 5MCCh. 1.2 - Prob. 6MCCh. 1.2 - Prob. 7MCCh. 1.2 - Prob. 8MCCh. 1.2 - Prob. 9MCCh. 1.2 - Prob. 10MCCh. 1.2 - The following pattern is called Pascals triangle....Ch. 1.2 - Prob. 12MCCh. 1.2 - MATHEMATICAL CONNECTIONS Joey said that 4, 24, 44,...Ch. 1.2 - Mathematical Connections A1 and Betty were asked...Ch. 1.2 - MATHEMATICAL CONNECTIONS A student claims the...Ch. 1.2 - Prob. 16MCCh. 1.2 - Mathematical connections 12 In a baseball league...Ch. 1.2 - Mathematical connections 12 How many ways can you...Ch. 1.2 - Mathematical connections 12 Tents hold...Ch. 1.2 - Prob. 1NAEPCh. 1.2 - NATIONAL ASSESSMENT OF EDUCATIONAL PROGRESS NAEP...Ch. 1.2 - A car can seat c adults. A van can seat 4 more...Ch. 1.2 - Prob. 4NAEPCh. 1.2A - ASSESSEMENT For each of the following sequences of...Ch. 1.2A - ASSESSMENT Each of the following sequences is...Ch. 1.2A - Assessment Find the 100th term and the nth term...Ch. 1.2A - ASSESSMENT Use a traditional clock face to...Ch. 1.2A - ASSESSMENT The pattern 1,8,27,64,125,... is a...Ch. 1.2A - ASSESSMENT The first windmill has 5 matchstick...Ch. 1.2A - ASSESSMENT In the following sequence, the figures...Ch. 1.2A - ASSESSMENT The school population for a certain...Ch. 1.2A - Joes annual income has been increasing each year...Ch. 1.2A - The first difference of a sequence is the...Ch. 1.2A - List the next three terms to continue a pattern in...Ch. 1.2A - Assessment How many terms are there in each of the...Ch. 1.2A - ASSESSMENT Find the first five terms in sequences...Ch. 1.2A - Find a counterexample for each of the following:...Ch. 1.2A - Assume that the following patterns are built of...Ch. 1.2A - ASSESSMENT Consider the sequences given in the...Ch. 1.2A - ASSESSMENT A sheet of paper is cut into 5...Ch. 1.2A - Assessment Each of the following sequences is...Ch. 1.2A - Assessment A Fibonacci-type sequence is a sequence...Ch. 1.2A - Prob. 20ACh. 1.2A - ASSESSMENT A new pair of tennis shoes cost 80. If...Ch. 1.2B - ASSESSEMENT For each of the following sequences of...Ch. 1.2B - Assessment Each of the following sequences is...Ch. 1.2B - Find the 100th term and the nth term for each of...Ch. 1.2B - ASSESSMENT Use a traditional clock face to...Ch. 1.2B - Assessment Observe the following pattern:...Ch. 1.2B - In the following pattern, one hexagon takes 6...Ch. 1.2B - ASSESSMENT Each successive figure below is made of...Ch. 1.2B - ASSESSMENT A tank contains 15,360L of water. At...Ch. 1.2B - ASSESSMENT The Washington Middle School time is an...Ch. 1.2B - The first difference of a sequence is the...Ch. 1.2B - Prob. 11ACh. 1.2B - ASSESSMENT How many terms are there in a following...Ch. 1.2B - ASSESSMENT Find the first five terms in sequences...Ch. 1.2B - ASSESSMENT Find a counterexample for each of the...Ch. 1.2B - ASSESSMENT Assume the following pattern with terms...Ch. 1.2B - ASSESSMENT Consider the sequences given in the...Ch. 1.2B - Female bees are born fertilized eggs, and male...Ch. 1.2B - Assessment Each of the following sequences is...Ch. 1.2B - Prob. 19ACh. 1.2B - Starting with 1 and 1 as the first two terms of...Ch. 1.CR - CHAPTER 1 REVIEW If today is Sunday, July 4, and...Ch. 1.CR - CHAPTER 1 REVIEW Jackie spent 40 on two items. If...Ch. 1.CR - A nursery rhyme states: A diller, a dollar, a ten...Ch. 1.CR - CHAPTER 1 REVIEW List three more terms that...Ch. 1.CR - Find a possible nth term in each of the following:...Ch. 1.CR - Prob. 6CRCh. 1.CR - CHAPTER 1 REVIEW Find the following sums: a....Ch. 1.CR - Prob. 8CRCh. 1.CR - Prob. 9CRCh. 1.CR - Prob. 10CRCh. 1.CR - CHAPTER 1 REVIEW Solve the following equations: a....Ch. 1.CR - CHAPTER 1 REVIEW If fence posts are to be placed...Ch. 1.CR - If a complete rotation of a car tire moves car...Ch. 1.CR - CHAPTER 1 REVIEW The members of Mrs. Grants class...Ch. 1.CR - CHAPTER 1 REVIEW A carpenter has three large...Ch. 1.CR - Use differences to find the next term in the...Ch. 1.CR - CHAPTER 1 REVIEW An ant farm can hold 100,000...Ch. 1.CR - CHAPTER 1 REVIEW Tomas team entered a mathematics...Ch. 1.CR - CHAPTER 1 REVIEW Three pieces of wood are needed...Ch. 1.CR - CHAPTER 1 REVIEW How many four-digit numbers have...Ch. 1.CR - If n and m are natural numbers and nm, how many...Ch. 1.CR - Prob. 22CRCh. 1.CR - Prob. 23CRCh. 1.CR - Prob. 24CRCh. 1.CR - a. If every second term in an arithmetic sequence...Ch. 1.CR - Prob. 26CRCh. 1.CR - CHAPTER 1 REVIEW Each of the following is a...Ch. 1 - NOW TRY THIS Explain whether the approach in...Ch. 1 - NOW TRY THIS Find the sum of consecutive natural...Ch. 1 - NOW TRY THIS Each of 16 people in a round-robin...Ch. 1 - NOW TRY THIS An elevator stopped at the middle...Ch. 1 - Prob. 5NTCh. 1 - NOW TRY THIS A prime number is a natural number...Ch. 1 - In Figure 13, we want to know how many different...Ch. 1 - Prob. 8NTCh. 1 - NOW TRY THIS Consider the rectangular numbers in...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- 2. A landlord is about to write a rental contract for a tenant which lasts T months. The landlord first decides the length T > 0 (need not be an integer) of the contract, the tenant then signs it and pays an initial handling fee of £100 before moving in. The landlord collects the total amount of rent erT at the end of the contract at a continuously compounded rate r> 0, but the contract stipulates that the tenant may leave before T, in which case the landlord only collects the total rent up until the tenant's departure time 7. Assume that 7 is exponentially distributed with rate > 0, λ‡r. (i) Calculate the expected total payment EW the landlord will receive in terms of T. (ii) Assume that the landlord has logarithmic utility U(w) = log(w - 100) and decides that the rental rate r should depend on the contract length T by r(T) = λ √T 1 For each given λ, what T (as a function of X) should the landlord choose so as to maximise their expected utility? Justify your answer. Hint. It might be…arrow_forwardPlease solving problem2 Problem1 We consider a two-period binomial model with the following properties: each period lastsone (1) year and the current stock price is S0 = 4. On each period, the stock price doubleswhen it moves up and is reduced by half when it moves down. The annual interest rateon the money market is 25%. (This model is the same as in Prob. 1 of HW#2).We consider four options on this market: A European call option with maturity T = 2 years and strike price K = 5; A European put option with maturity T = 2 years and strike price K = 5; An American call option with maturity T = 2 years and strike price K = 5; An American put option with maturity T = 2 years and strike price K = 5.(a) Find the price at time 0 of both European options.(b) Find the price at time 0 of both American options. Compare your results with (a)and comment.(c) For each of the American options, describe the optimal exercising strategy.arrow_forwardPlease ensure that all parts of the question are answered thoroughly and clearly. Include a diagram to help explain answers. Make sure the explanation is easy to follow. Would appreciate work done written on paper. Thank you.arrow_forward
- This question builds on an earlier problem. The randomized numbers may have changed, but have your work for the previous problem available to help with this one. A 4-centimeter rod is attached at one end to a point A rotating counterclockwise on a wheel of radius 2 cm. The other end B is free to move back and forth along a horizontal bar that goes through the center of the wheel. At time t=0 the rod is situated as in the diagram at the left below. The wheel rotates counterclockwise at 1.5 rev/sec. At some point, the rod will be tangent to the circle as shown in the third picture. A B A B at some instant, the piston will be tangent to the circle (a) Express the x and y coordinates of point A as functions of t: x= 2 cos(3πt) and y= 2 sin(3t) (b) Write a formula for the slope of the tangent line to the circle at the point A at time t seconds: -cot(3πt) sin(3лt) (c) Express the x-coordinate of the right end of the rod at point B as a function of t: 2 cos(3πt) +411- 4 -2 sin (3лt) (d)…arrow_forward5. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.AE.003. y y= ex² 0 Video Example x EXAMPLE 3 (a) Use the Midpoint Rule with n = 10 to approximate the integral कर L'ex² dx. (b) Give an upper bound for the error involved in this approximation. SOLUTION 8+2 1 L'ex² d (a) Since a = 0, b = 1, and n = 10, the Midpoint Rule gives the following. (Round your answer to six decimal places.) dx Ax[f(0.05) + f(0.15) + ... + f(0.85) + f(0.95)] 0.1 [0.0025 +0.0225 + + e0.0625 + 0.1225 e0.3025 + e0.4225 + e0.2025 + + e0.5625 €0.7225 +0.9025] The figure illustrates this approximation. (b) Since f(x) = ex², we have f'(x) = 0 ≤ f'(x) = < 6e. ASK YOUR TEACHER and f'(x) = Also, since 0 ≤ x ≤ 1 we have x² ≤ and so Taking K = 6e, a = 0, b = 1, and n = 10 in the error estimate, we see that an upper bound for the error is as follows. (Round your final answer to five decimal places.) 6e(1)3 e 24( = ≈arrow_forward1. Consider the following preference ballots: Number of voters Rankings 6 5 4 2 1st choice A DCB DC 2nd choice B B D 3rd choice DCBD 4th choice CA AAA For each of the four voting systems we have studied, determine who would win the election in each case. (Remember: For plurality with runoff, all but the top two vote-getters are simultaneously eliminated at the end of round 1.)arrow_forward
- Practice k Help ises A 96 Anewer The probability that you get a sum of at least 10 is Determine the number of ways that the specified event can occur when two number cubes are rolled. 1. Getting a sum of 9 or 10 3. Getting a sum less than 5 2. Getting a sum of 6 or 7 4. Getting a sum that is odd Tell whether you would use the addition principle or the multiplication principle to determine the total number of possible outcomes for the situation described. 5. Rolling three number cubes 6. Getting a sum of 10 or 12 after rolling three number cubes A set of playing cards contains four groups of cards designated by color (black, red, yellow, and green) with cards numbered from 1 to 14 in each group. Determine the number of ways that the specified event can occur when a card is drawn from the set. 7. Drawing a 13 or 14 9. Drawing a number less than 4 8. Drawing a yellow or green card 10. Drawing a black, red, or green car The spinner is divided into equal parts. Find the specified…arrow_forwardProblem 1.We consider a two-period binomial model with the following properties: each period lastsone (1) year and the current stock price is S0 = 4. On each period, the stock price doubleswhen it moves up and is reduced by half when it moves down. The annual interest rateon the money market is 25%. We consider four options on this market: A European call option with maturity T = 2 years and strike price K = 5; A European put option with maturity T = 2 years and strike price K = 5; An American call option with maturity T = 2 years and strike price K = 5; An American put option with maturity T = 2 years and strike price K = 5.(a) Find the price at time 0 of both European options.(b) Find the price at time 0 of both American options. Compare your results with (a)and comment.(c) For each of the American options, describe the optimal exercising strategy.(d) We assume that you sell the American put to a market participant A for the pricefound in (b). Explain how you act on the market…arrow_forwardWhat is the standard scores associated to the left of z is 0.1446arrow_forward
- 2. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.015. Use the Trapezoidal Rule, the Midpoint Rule, and Simpson's Rule to approximate the given integral with the specified value of n. (Round your answers to six decimal places.) ASK YOUR TEACHER 3 1 3 + dy, n = 6 (a) the Trapezoidal Rule (b) the Midpoint Rule (c) Simpson's Rule Need Help? Read It Watch Itarrow_forwardThis question builds on an earlier problem. The randomized numbers may have changed, but have your work for the previous problem available to help with this one. A 4-centimeter rod is attached at one end to a point A rotating counterclockwise on a wheel of radius 2 cm. The other end B is free to move back and forth along a horizontal bar that goes through the center of the wheel. At time t=0 the rod is situated as in the diagram at the left below. The wheel rotates counterclockwise at 1.5 rev/sec. At some point, the rod will be tangent to the circle as shown in the third picture. B A B at some instant, the piston will be tangent to the circle (a) Express the x and y coordinates of point A as functions of t: x= 2 cos(3πt) and y= 2 sin(3πt) (b) Write a formula for the slope of the tangent line to the circle at the point A at time t seconds: -cot (3πt) (c) Express the x-coordinate of the right end of the rod at point B as a function of t: 2 cos(3πt) +41/1 (d) Express the slope of the rod…arrow_forwardConsider the proof below: Proposition: If m is an even integer, then 5m +4 is an even integer. Proof: We see that |5m+4=10n+4 = 2(5n+2). Therefore, 5m+4 is an even integer. **Note: you may assume the proof is valid, just poorly written. Based upon the Section 1.3 screencast and the reading assignment, select all writing guidelines that are missing in the proof. Proof begins by stating assumptions ✓ Proof has an invitational tone/uses collective pronouns Proof is written in complete sentences Each step is justified ☐ Proof has a clear conclusionarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal LittellCollege Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillAlgebra for College StudentsAlgebraISBN:9781285195780Author:Jerome E. Kaufmann, Karen L. SchwittersPublisher:Cengage LearningHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL


Algebra: Structure And Method, Book 1
Algebra
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:McDougal Littell

College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning

Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill

Algebra for College Students
Algebra
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Cengage Learning

Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Sequences and Series Introduction; Author: Mario's Math Tutoring;https://www.youtube.com/watch?v=m5Yn4BdpOV0;License: Standard YouTube License, CC-BY
Introduction to sequences; Author: Dr. Trefor Bazett;https://www.youtube.com/watch?v=VG9ft4_dK24;License: Standard YouTube License, CC-BY