EBK NUMERICAL ANALYSIS
10th Edition
ISBN: 9781305465350
Author: BURDEN
Publisher: YUZU
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Chapter 1.2, Problem 11ES
a.
To determine
The approximate error and relative error in the approximation of
b.
To determine
The approximate error and relative error in the approximation of
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Starting with the finished version of Example 6.2, attached, change the decision criterion to "maximize expected utility," using an exponential utility function with risk tolerance $5,000,000. Display certainty equivalents on the tree.
a. Keep doubling the risk tolerance until the company's best strategy is the same as with the EMV criterion—continue with development and then market if successful.
The risk tolerance must reach $ 160,000,000 before the risk averse company acts the same as the EMV-maximizing company.
b. With a risk tolerance of $320,000,000, the company views the optimal strategy as equivalent to receiving a sure $____________ , even though the EMV from the original strategy (with no risk tolerance) is $ 59,200.
Chapter 1 Solutions
EBK NUMERICAL ANALYSIS
Ch. 1.1 - Show that the following equations have at least...Ch. 1.1 - Show that the following equations have at least...Ch. 1.1 - Find intervals containing solutions to the...Ch. 1.1 - Find intervals containing solutions to the...Ch. 1.1 - Find maxaxb |f(x)| for the following functions and...Ch. 1.1 - Find maxaxb | f(x)| for the following functions...Ch. 1.1 - Show that f(x) is 0 at least once in the given...Ch. 1.1 - Suppose f C[a, b] and f (x) exists on (a, b)....Ch. 1.1 - Let f(x) = x3. a. Find the second Taylor...Ch. 1.1 - Find the third Taylor polynomial P3(x) for the...
Ch. 1.1 - Find the second Taylor polynomial P2(x) for the...Ch. 1.1 - Repeat Exercise 11 using x0 = /6. 11. Find the...Ch. 1.1 - Prob. 13ESCh. 1.1 - Prob. 14ESCh. 1.1 - Prob. 15ESCh. 1.1 - Use the error term of a Taylor polynomial to...Ch. 1.1 - Use a Taylor polynomial about /4 to approximate...Ch. 1.1 - Let f(x) = (1 x)1 and x0 = 0. Find the nth Taylor...Ch. 1.1 - Let f(x) = ex and x0 = 0. Find the nth Taylor...Ch. 1.1 - Prob. 20ESCh. 1.1 - The polynomial P2(x)=112x2 is to be used to...Ch. 1.1 - Use the Intermediate Value Theorem 1.11 and Rolles...Ch. 1.1 - Prob. 23ESCh. 1.1 - In your own words, describe the Lipschitz...Ch. 1.2 - Compute the absolute error and relative error in...Ch. 1.2 - Compute the absolute error and relative error in...Ch. 1.2 - Prob. 3ESCh. 1.2 - Find the largest interval in which p must lie to...Ch. 1.2 - Perform the following computations (i) exactly,...Ch. 1.2 - Use three-digit rounding arithmetic to perform the...Ch. 1.2 - Use three-digit rounding arithmetic to perform the...Ch. 1.2 - Repeat Exercise 7 using four-digit rounding...Ch. 1.2 - Repeat Exercise 7 using three-digit chopping...Ch. 1.2 - Prob. 10ESCh. 1.2 - Prob. 11ESCh. 1.2 - Prob. 12ESCh. 1.2 - Let f(x)=xcosxsinxxsinx. a. Find limx0 f(x). b....Ch. 1.2 - Let f(x)=exexx. a. Find limx0(ex ex )/x. b. Use...Ch. 1.2 - Use four-digit rounding arithmetic and the...Ch. 1.2 - Prob. 16ESCh. 1.2 - Prob. 17ESCh. 1.2 - Repeat Exercise 16 using four-digit chopping...Ch. 1.2 - Use the 64-bit-long real format to find the...Ch. 1.2 - Prob. 23ESCh. 1.2 - Discuss the difference between the arithmetic...Ch. 1.2 - Prob. 2DQCh. 1.2 - Discuss the various different ways to round...Ch. 1.2 - Discuss the difference between a number written in...Ch. 1.3 - The Maclaurin series for the arctangent function...Ch. 1.3 - Prob. 4ESCh. 1.3 - Prob. 5ESCh. 1.3 - Find the rates of convergence of the following...Ch. 1.3 - Find the rates of convergence of the following...Ch. 1.3 - Prob. 8ESCh. 1.3 - Prob. 9ESCh. 1.3 - Suppose that as x approaches zero,...Ch. 1.3 - Prob. 11ESCh. 1.3 - Prob. 12ESCh. 1.3 - Prob. 13ESCh. 1.3 - Prob. 14ESCh. 1.3 - a. How many multiplications and additions are...Ch. 1.3 - Write an algorithm to sum the finite series i=1nxi...Ch. 1.3 - Construct an algorithm that has as input an...Ch. 1.3 - Let P(x) = anxn + an1xn1 + + a1x + a0 be a...Ch. 1.3 - Prob. 4DQCh. 1.3 - Prob. 5DQCh. 1.3 - Prob. 6DQ
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