Mathematical Excursions (MindTap Course List)
4th Edition
ISBN: 9781305965584
Author: Richard N. Aufmann, Joanne Lockwood, Richard D. Nation, Daniel K. Clegg
Publisher: Cengage Learning
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Chapter 12.6, Problem 16ES
To determine
The profit expectation for the painter.
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b) Solve the following linear program using the 2-phase simplex algorithm. You should give
the initial tableau, and each further tableau produced during the execution of the
algorithm. If the program has an optimal solution, give this solution and state its
objective value. If it does not have an optimal solution, say why.
maximize ₁ - 2x2+x34x4
subject to 2x1+x22x3x41,
5x1 + x2-x3-×4 ≤ −1,
2x1+x2-x3-34
2,
1, 2, 3, 40.
9. An elementary single period market model contains a risk-free asset with interest rate
r = 5% and a risky asset S which has price 30 at time t = 0 and will have either price
10 or 60 at time t = 1. Find a replicating strategy for a contingent claim with payoff
h(S₁) = max(20 - S₁, 0) + max(S₁ — 50, 0).
Total [8 Marks]
8. An elementary single period market model has a risky asset with price So = 20 at the
beginning and a money market account with interest rate r = 0.04 compounded only
once at the end of the investment period.
=
=
In market model A, S₁ 10 with 15% probability and S₁
21 with 85% probability.
In market model B, S₁ = 25 with 10% probability and S₁ = 30 with 90% probability.
For each market model A, B, determine if the model is arbitrage-free. If not, construct
an arbitrage.
Total [9 Marks]
Chapter 12 Solutions
Mathematical Excursions (MindTap Course List)
Ch. 12.1 - In a stack of 12 identical-looking coins, one is...Ch. 12.1 - In a stack of 13 identical-looking coins, one is...Ch. 12.1 - List the elements of the sample space defined by...Ch. 12.1 - List the elements of the sample space defined by...Ch. 12.1 - List the elements of the sample space defined by...Ch. 12.1 - List the elements of the sample space defined by...Ch. 12.1 - List the elements of the sample space defined by...Ch. 12.1 - List the elements of the sample space defined by...Ch. 12.1 - List the elements of the sample space defined by...Ch. 12.1 - List the elements of the sample space defined by...
Ch. 12.1 - Prob. 9ESCh. 12.1 - List the elements of the sample space defined by...Ch. 12.1 - List the sample space of paths that start at A and...Ch. 12.1 - Prob. 12ESCh. 12.1 - Use the counting principle to determine the number...Ch. 12.1 - Use the counting principle to determine the number...Ch. 12.1 - Use the counting principle to determine the number...Ch. 12.1 - Use the counting principle to determine the number...Ch. 12.1 - Prob. 17ESCh. 12.1 - Prob. 18ESCh. 12.1 - Use the following experiment. Two digit numbers...Ch. 12.1 - Prob. 20ESCh. 12.1 - Use the following experiment. Two digit numbers...Ch. 12.1 - Prob. 22ESCh. 12.1 - Prob. 23ESCh. 12.1 - Use the following experiment. Two digit numbers...Ch. 12.1 - Prob. 25ESCh. 12.1 - Use the following experiment. Four cards labeled...Ch. 12.1 - Prob. 27ESCh. 12.1 - Use the following experiment. Four cards labeled...Ch. 12.1 - Prob. 29ESCh. 12.1 - Use the following experiment. A state lottery game...Ch. 12.1 - Use the following experiment. A state lottery game...Ch. 12.1 - Use the following experiment. A state lottery game...Ch. 12.1 - Prob. 33ESCh. 12.1 - Prob. 34ESCh. 12.1 - Prob. 35ESCh. 12.1 - Prob. 36ESCh. 12.2 - For each of the following exercises, assume that a...Ch. 12.2 - For each of the following exercises., assume that...Ch. 12.2 - For each of the following exercises, assume that a...Ch. 12.2 - For each of the following exercises, assume that a...Ch. 12.2 - For each of the following exercises, assume that a...Ch. 12.2 - Prob. 1ESCh. 12.2 - Prob. 2ESCh. 12.2 - Prob. 3ESCh. 12.2 - Prob. 4ESCh. 12.2 - Evaluate the expression. (83)!Ch. 12.2 - Prob. 6ESCh. 12.2 - Evaluate the expression. P(8,5)Ch. 12.2 - Evaluate the expression. P(7,2)Ch. 12.2 - Evaluate the expression. P(9,7)Ch. 12.2 - Prob. 10ESCh. 12.2 - Evaluate the expression. P(8,0)Ch. 12.2 - Evaluate the expression. P(7,0)Ch. 12.2 - Evaluate the expression. P(8,8)Ch. 12.2 - Prob. 14ESCh. 12.2 - Evaluate the expression. P(8,2)P(5,3)Ch. 12.2 - Prob. 16ESCh. 12.2 - Evaluate the expression. P(6,0)P(6,6)Ch. 12.2 - P(10,4)P(8,4) Evaluate the expression....Ch. 12.2 - Evaluate the expression. C(9,2)Ch. 12.2 - Prob. 20ESCh. 12.2 - Evaluate the expression. C(12,0)Ch. 12.2 - Prob. 22ESCh. 12.2 - Prob. 23ESCh. 12.2 - Evaluate the expression. C(8,5)C(9,4)Ch. 12.2 - Prob. 25ESCh. 12.2 - Evaluate the expression. C(4,3)C(5,2)C(9,5)Ch. 12.2 - Prob. 27ESCh. 12.2 - Prob. 28ESCh. 12.2 - Prob. 29ESCh. 12.2 - Evaluate the expression. 5!C(18,0)Ch. 12.2 - How many combinations are possible? Assume that...Ch. 12.2 - How many combinations are possible? Assume that...Ch. 12.2 - How many combinations are possible? Assume that...Ch. 12.2 - Prob. 34ESCh. 12.2 - Is it possible to calculate C(7,9)? Think of your...Ch. 12.2 - Prob. 36ESCh. 12.2 - Music Downloads A student downloaded 5 music tiles...Ch. 12.2 - Elections The board of directors of a corporation...Ch. 12.2 - Elections A committee of 16 students must select a...Ch. 12.2 - The Olympics A gold, a silver, and a bronze medal...Ch. 12.2 - Music Festival Six country music bands and 3 rock...Ch. 12.2 - Prob. 42ESCh. 12.2 - Passwords A password require 8 characters. If a...Ch. 12.2 - Gardening A gardener is planting a row of tulip...Ch. 12.2 - Prob. 45ESCh. 12.2 - Platoons A typical platoon consists of 20...Ch. 12.2 - Exam Questions A professor gives his students 7...Ch. 12.2 - Test Banks A math quiz is generated by randomly...Ch. 12.2 - Committee Selection A committee of 6 people is...Ch. 12.2 - Quality Control In a shipment of 20 smart phones,...Ch. 12.2 - Prob. 51ESCh. 12.2 - Basketball In the Eastern Conference of the...Ch. 12.2 - Prob. 53ESCh. 12.2 - Prob. 54ESCh. 12.2 - Softball Eighteen people decide to play softball....Ch. 12.2 - Bowling Fifteen people decide to form a bowling...Ch. 12.2 - Signal Flags The Coast Guard uses signal flags as...Ch. 12.2 - Pizza Toppings A restaurant offers a special pizza...Ch. 12.2 - Letter Arrangements How many different letter...Ch. 12.2 - Prob. 60ESCh. 12.2 - Coin Tosses Ten identical coins are tossed. How...Ch. 12.2 - Coin Tosses Twelve identical coins are tossed. How...Ch. 12.2 - Prob. 63ESCh. 12.2 - Prob. 64ESCh. 12.2 - Refer to a standard deck of playing cards. Assume...Ch. 12.2 - Prob. 66ESCh. 12.2 - Refer to a standard deck of playing cards. Assume...Ch. 12.2 - Prob. 68ESCh. 12.2 - Prob. 69ESCh. 12.2 - Refer to a standard deck of playing cards. Assume...Ch. 12.2 - Prob. 71ESCh. 12.2 - Prob. 72ESCh. 12.2 - Prob. 73ESCh. 12.3 - Using the recorded data, calculate the empirical...Ch. 12.3 - The theoretical probability that a toothpick will...Ch. 12.3 - Prob. 3EECh. 12.3 - Prob. 4EECh. 12.3 - Prob. 5EECh. 12.3 - Prob. 6EECh. 12.3 - List the elements of the sample space for each...Ch. 12.3 - Prob. 2ESCh. 12.3 - List the elements of the sample space for each...Ch. 12.3 - List the elements of the sample space for each...Ch. 12.3 - List the elements of the sample space for each...Ch. 12.3 - List the elements of the sample space for each...Ch. 12.3 - Assume that it is equally likely for a child to be...Ch. 12.3 - Assume that it is equally likely for a child to be...Ch. 12.3 - Assume that it is equally likely for a child to be...Ch. 12.3 - Prob. 10ESCh. 12.3 - Assume that it is equally likely for a child to be...Ch. 12.3 - Assume that it is equally likely for a child to be...Ch. 12.3 - Assume that it is equally likely for a child to be...Ch. 12.3 - Prob. 14ESCh. 12.3 - Assume that it is equally likely for a child to be...Ch. 12.3 - Prob. 16ESCh. 12.3 - A coin is tossed 4 times. Assuming the coin is...Ch. 12.3 - A coin is tossed 4 times. Assuming the coin is...Ch. 12.3 - In Exercises 19 to 22, a dodecahedral die (one...Ch. 12.3 - In Exercises 19 to 22, a dodecahedral die (one...Ch. 12.3 - In Exercises 19 to 22, a dodecahedral die (one...Ch. 12.3 - Prob. 22ESCh. 12.3 - In Exercises 23 to 32, 2 regular 6-sided dice are...Ch. 12.3 - Prob. 24ESCh. 12.3 - In Exercises 23 to 32, 2 regular 6-sided dice are...Ch. 12.3 - Prob. 26ESCh. 12.3 - In Exercises 23 to 32, 2 regular 6-sided dice are...Ch. 12.3 - Prob. 28ESCh. 12.3 - In Exercises 23 to 32, 2 regular 6-sided dice are...Ch. 12.3 - In Exercises 23 to 32, 2 regular 6-sided dice are...Ch. 12.3 - In Exercises 23 to 32, 2 regular 6-sided dice are...Ch. 12.3 - Prob. 32ESCh. 12.3 - If 2 dice are rolled, compute the probability of...Ch. 12.3 - Prob. 34ESCh. 12.3 - In Exercises 35 to 38. a card is selected at...Ch. 12.3 - Prob. 36ESCh. 12.3 - In Exercises 35 to 38. a card is selected at...Ch. 12.3 - Prob. 38ESCh. 12.3 - Voter Characteristics In Exercises 39 to 44, use...Ch. 12.3 - Prob. 40ESCh. 12.3 - Voter Characteristics In Exercises 39 to 44, use...Ch. 12.3 - Voter Characteristics In Exercises 39 to 44, use...Ch. 12.3 - Voter Characteristics In Exercises 39 to 44, use...Ch. 12.3 - Prob. 44ESCh. 12.3 - Education Levels In Exercises 45 to 48, a survey...Ch. 12.3 - Education Levels In Exercises 45 to 48, a survey...Ch. 12.3 - Education Levels In Exercises 45 to 48, a survey...Ch. 12.3 - Education Levels In Exercises 45 to 48, a survey...Ch. 12.3 - Annual Salaries A random survey asked respondents...Ch. 12.3 - Prob. 50ESCh. 12.3 - Annual Salaries A random survey asked respondents...Ch. 12.3 - Prob. 52ESCh. 12.3 - Prob. 53ESCh. 12.3 - Prob. 54ESCh. 12.3 - Genotypes The eye color of mice is determined by a...Ch. 12.3 - Genotypes The height of a certain plant is...Ch. 12.3 - Prob. 57ESCh. 12.3 - Prob. 58ESCh. 12.3 - The odds in favor of an event are given. Compute...Ch. 12.3 - Prob. 60ESCh. 12.3 - The odds in favor of an event are given. Compute...Ch. 12.3 - Prob. 62ESCh. 12.3 - The odds in favor of an event are given. Compute...Ch. 12.3 - Prob. 64ESCh. 12.3 - The probability of an event is given. Find the...Ch. 12.3 - Prob. 66ESCh. 12.3 - Prob. 67ESCh. 12.3 - Prob. 68ESCh. 12.3 - The probability of an event is given. Find the...Ch. 12.3 - Prob. 70ESCh. 12.3 - Game Shows The game board for the television show...Ch. 12.3 - Prob. 72ESCh. 12.3 - If a single fair die is rolled, what are the odds...Ch. 12.3 - Prob. 74ESCh. 12.3 - A coin is tossed 4 limes. What are the odds...Ch. 12.3 - Prob. 76ESCh. 12.3 - Use the table, which is based on information from...Ch. 12.3 - Prob. 78ESCh. 12.3 - Football A bookmaker has placed 8 to 3 odds...Ch. 12.3 - Candy Colors A snack-size bag of M&Ms candies...Ch. 12.3 - If 4 cards labeled A, B, C, and D are randomly...Ch. 12.3 - Prob. 82ESCh. 12.3 - Prob. 83ESCh. 12.3 - Prob. 84ESCh. 12.3 - Prob. 85ESCh. 12.3 - Prob. 86ESCh. 12.3 - Prob. 87ESCh. 12.3 - Prob. 88ESCh. 12.3 - Roulette Exercises 86(091 use the casino game...Ch. 12.3 - Prob. 90ESCh. 12.3 - Prob. 91ESCh. 12.4 - Prob. 1EECh. 12.4 - Prob. 2EECh. 12.4 - Prob. 3EECh. 12.4 - Prob. 4EECh. 12.4 - Some casinos will let you choose up to 20 numbers....Ch. 12.4 - If 20 numbers are chosen, find the probability of...Ch. 12.4 - Prob. 1ESCh. 12.4 - Prob. 2ESCh. 12.4 - In Exercises 3 to 6, first verify that the...Ch. 12.4 - Prob. 4ESCh. 12.4 - In Exercises 3 to 6, first verify that the...Ch. 12.4 - Prob. 6ESCh. 12.4 - If P(A)=0.2,P(B)=0.5, and P(AandB)=0.1. find...Ch. 12.4 - Prob. 8ESCh. 12.4 - If P(A)=0.3,P(B)=0.8, and P(AorB)=0.9. Find...Ch. 12.4 - Prob. 10ESCh. 12.4 - In Exercises 11 to 14, suppose you ask a friend to...Ch. 12.4 - Prob. 12ESCh. 12.4 - In Exercises 11 to 14, suppose you ask a friend to...Ch. 12.4 - Prob. 14ESCh. 12.4 - In Exercises 15 to 20, two dice are rolled....Ch. 12.4 - Prob. 16ESCh. 12.4 - In Exercises 15 to 20, two dice are rolled....Ch. 12.4 - Prob. 18ESCh. 12.4 - In Exercises 15 to 20, two dice are rolled....Ch. 12.4 - In Exercises 15 to 20, two dice are rolled....Ch. 12.4 - In Exercises 21 to 26, a single card is drawn from...Ch. 12.4 - Prob. 22ESCh. 12.4 - In Exercises 2110 26. a single card is drawn from...Ch. 12.4 - Prob. 24ESCh. 12.4 - In Exercises 2110 26. a single card is drawn from...Ch. 12.4 - Prob. 26ESCh. 12.4 - Employment In Exercises 27 to 30, use the data in...Ch. 12.4 - Employment In Exercises 27 to 30, use the data in...Ch. 12.4 - Employment In Exercises 27 to 30, use the data in...Ch. 12.4 - Prob. 30ESCh. 12.4 - Contests If the probability of winning a...Ch. 12.4 - Prob. 32ESCh. 12.4 - Professional Sports The National Collegiate -...Ch. 12.4 - Prob. 34ESCh. 12.4 - Use the formula for the probability of the...Ch. 12.4 - Prob. 36ESCh. 12.4 - Use the formula for the probability of the...Ch. 12.4 - Prob. 38ESCh. 12.4 - Use the formula for the probability of the...Ch. 12.4 - Use the formula for the probability of the...Ch. 12.4 - Prob. 41ESCh. 12.4 - Prob. 42ESCh. 12.4 - Prob. 43ESCh. 12.4 - Prob. 44ESCh. 12.4 - Prob. 45ESCh. 12.4 - Prob. 46ESCh. 12.4 - Prob. 47ESCh. 12.4 - If a person draws 3 cards from a standard deck...Ch. 12.4 - Prob. 49ESCh. 12.4 - Prob. 50ESCh. 12.4 - Prob. 51ESCh. 12.4 - Coins A bag contains 44 U.S. quarters and 6...Ch. 12.4 - Prob. 53ESCh. 12.4 - Prob. 54ESCh. 12.4 - Door Codes A planned community has 300 homes, each...Ch. 12.4 - Monty Hall Problem When someone is first presented...Ch. 12.4 - Prob. 57ESCh. 12.4 - Prob. 58ESCh. 12.5 - Prob. 1EECh. 12.5 - Prob. 2EECh. 12.5 - Prob. 3EECh. 12.5 - Prob. 4EECh. 12.5 - Prob. 1ESCh. 12.5 - Prob. 2ESCh. 12.5 - In Exercises 3 to 6, compute the conditional...Ch. 12.5 - Prob. 4ESCh. 12.5 - In Exercises 3 to 6, compute the conditional...Ch. 12.5 - In Exercises 3 to 6, compute the conditional...Ch. 12.5 - Employment In Exercises 7 to 10, use the data in...Ch. 12.5 - Employment In Exercises 7 to 10, use the data in...Ch. 12.5 - Employment In Exercises 7 to 10, use the data in...Ch. 12.5 - Prob. 10ESCh. 12.5 - Video Games In Exercises 11 to 14, use the data in...Ch. 12.5 - Video Games In Exercises 11 to 14, use the data in...Ch. 12.5 - Video Games In Exercises 11 to 14, use the data in...Ch. 12.5 - Prob. 14ESCh. 12.5 - A pair of dice is tossed. Find the probability...Ch. 12.5 - Prob. 16ESCh. 12.5 - A pair of dice is tossed. What is the probability...Ch. 12.5 - Prob. 18ESCh. 12.5 - What is the probability of drawing 2 cards in...Ch. 12.5 - Prob. 20ESCh. 12.5 - Two cards are drawn from a standard deck without...Ch. 12.5 - Prob. 22ESCh. 12.5 - Candy Colors In Exercises 23 to 26, a snack-size...Ch. 12.5 - Prob. 24ESCh. 12.5 - Candy Colors In Exercises 23 to 26, a snack-size...Ch. 12.5 - Prob. 26ESCh. 12.5 - In Exercises 27 to 30, 3 cards are dealt from a...Ch. 12.5 - Prob. 28ESCh. 12.5 - In Exercises 27 to 30, 3 cards are dealt from a...Ch. 12.5 - Prob. 30ESCh. 12.5 - Student Attendance In Exercises 31 to 34, the...Ch. 12.5 - Prob. 32ESCh. 12.5 - Student Attendance In Exercises 31 to 34, the...Ch. 12.5 - Student Attendance In Exercises 31 to 34, the...Ch. 12.5 - Prob. 35ESCh. 12.5 - Prob. 36ESCh. 12.5 - Prob. 37ESCh. 12.5 - Prob. 38ESCh. 12.5 - Prob. 39ESCh. 12.5 - Prob. 40ESCh. 12.5 - Prob. 41ESCh. 12.5 - In Exercises 39 to 44, a pair of dice is tossed...Ch. 12.5 - Prob. 43ESCh. 12.5 - Prob. 44ESCh. 12.5 - Prob. 45ESCh. 12.5 - Prob. 46ESCh. 12.5 - Prob. 47ESCh. 12.5 - Prob. 48ESCh. 12.5 - Prob. 49ESCh. 12.5 - In Exercises 4910 54, a card is drawn from a...Ch. 12.5 - Prob. 51ESCh. 12.5 - Prob. 52ESCh. 12.5 - Prob. 53ESCh. 12.5 - Prob. 54ESCh. 12.5 - A standard deck of playing cards is shuffled, and...Ch. 12.5 - Prob. 56ESCh. 12.5 - A hag contains 5 red marbles, 4 green marbles, and...Ch. 12.5 - Prob. 58ESCh. 12.5 - Prob. 59ESCh. 12.5 - Prob. 60ESCh. 12.5 - Prob. 61ESCh. 12.5 - Prob. 62ESCh. 12.5 - Monty Hall Problem This is another explanation,...Ch. 12.6 - Compute the probability that if a bet is placed on...Ch. 12.6 - Prob. 2EECh. 12.6 - Prob. 3EECh. 12.6 - Prob. 4EECh. 12.6 - Prob. 5EECh. 12.6 - Determine the expectation for wagering $1 on the...Ch. 12.6 - Prob. 7EECh. 12.6 - Prob. 8EECh. 12.6 - Prob. 1ESCh. 12.6 - The outcomes of an experiment and the probability...Ch. 12.6 - Roulette One of the wagers in the game of roulette...Ch. 12.6 - Roulette One of the wagers in roulette is to bet...Ch. 12.6 - Casino Games Many casinos have a game called the...Ch. 12.6 - Casino Games Many casinos have a game called the...Ch. 12.6 - Casino Games Many casinos have a game called the...Ch. 12.6 - Casino Games Many casinos have a game called the...Ch. 12.6 - Life Insurance Exercises 9 to 14 use data taken...Ch. 12.6 - Life Insurance Exercises 9 to 14 use data taken...Ch. 12.6 - Prob. 11ESCh. 12.6 - Prob. 12ESCh. 12.6 - Prob. 13ESCh. 12.6 - Prob. 14ESCh. 12.6 - Construction A construction company has been hired...Ch. 12.6 - Prob. 16ESCh. 12.6 - Design Consultant A consultant has been hired to...Ch. 12.6 - Prob. 18ESCh. 12.6 - If a pair of regular dice is tossed once, use the...Ch. 12.6 - Consider rolling a pair of unusual dice, for which...Ch. 12.6 - Prob. 21ESCh. 12.6 - Suppose you purchase a ticket for a prize and your...Ch. 12.6 - Prob. 23ESCh. 12.6 - Prob. 24ESCh. 12 - List the elements of the sample space for the...Ch. 12 - Prob. 2RECh. 12 - Prob. 3RECh. 12 - Prob. 4RECh. 12 - An athletic shoe store sells running shoes in 3...Ch. 12 - Prob. 6RECh. 12 - Prob. 7RECh. 12 - Prob. 8RECh. 12 - Prob. 9RECh. 12 - Prob. 10RECh. 12 - Prob. 11RECh. 12 - Prob. 12RECh. 12 - Prob. 13RECh. 12 - Prob. 14RECh. 12 - Prob. 15RECh. 12 - A matching test has 7 definitions that are to be...Ch. 12 - A matching test has 7 definitions to be matched...Ch. 12 - Prob. 18RECh. 12 - Twelve identical coins are tossed. How many...Ch. 12 - Work Shifts Three positions are open at a...Ch. 12 - A professor assigns 25 homework problems, of which...Ch. 12 - Prob. 22RECh. 12 - Quality Control A quality control inspector...Ch. 12 - Prob. 24RECh. 12 - 25. How many 5-card poker hands consist of 4 of a...Ch. 12 - Prob. 26RECh. 12 - Prob. 27RECh. 12 - Prob. 28RECh. 12 - Use the table below, which shows the number of...Ch. 12 - Use the table below, which shows the number of...Ch. 12 - Prob. 31RECh. 12 - Prob. 32RECh. 12 - Prob. 33RECh. 12 - Prob. 34RECh. 12 - Prob. 35RECh. 12 - Prob. 36RECh. 12 - Prob. 37RECh. 12 - Prob. 38RECh. 12 - Prob. 39RECh. 12 - Prob. 40RECh. 12 - Prob. 41RECh. 12 - Prob. 42RECh. 12 - Prob. 43RECh. 12 - Prob. 44RECh. 12 - Two cards are drawn, without replacement, from a...Ch. 12 - Prob. 46RECh. 12 - A box contains 24 different colored chips that are...Ch. 12 - Prob. 48RECh. 12 - A box contains 24 different colored chips that are...Ch. 12 - Prob. 50RECh. 12 - A box contains 24 different colored chips that are...Ch. 12 - Prob. 52RECh. 12 - Use the table below, which shows the number of...Ch. 12 - Use the table below, which shows the number of...Ch. 12 - Use the table below, which shows the number of...Ch. 12 - Prob. 56RECh. 12 - Prob. 57RECh. 12 - Prob. 58RECh. 12 - Prob. 59RECh. 12 - Prob. 60RECh. 12 - Prob. 61RECh. 12 - Prob. 62RECh. 12 - Prob. 63RECh. 12 - Prob. 64RECh. 12 - 1 will flip 2 coins. If both coins come up tails,...Ch. 12 - Raffle Tickets For a fundraiser, an elementary...Ch. 12 - Prob. 67RECh. 12 - Prob. 68RECh. 12 - Life Insurance The probability that a 19-year-old...Ch. 12 - Construction A construction company has bid on a...Ch. 12 - Prob. 1TCh. 12 - Computer Systems A computer system can be...Ch. 12 - Prob. 3TCh. 12 - Prob. 4TCh. 12 - Prob. 5TCh. 12 - Prob. 6TCh. 12 - Prob. 7TCh. 12 - Prob. 8TCh. 12 - Prob. 9TCh. 12 - Prob. 10TCh. 12 - Prob. 11TCh. 12 - Prob. 12TCh. 12 - Prob. 13TCh. 12 - Prob. 14T
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- b) Solve the following linear program using the 2-phase simplex algorithm. You should give the initial tableau, and each further tableau produced during the execution of the algorithm. If the program has an optimal solution, give this solution and state its objective value. If it does not have an optimal solution, say why. maximize ₁ - 2x2+x34x4 subject to 2x1+x22x3x41, 5x1 + x2-x3-×4 ≤ −1, 2x1+x2-x3-34 2, 1, 2, 3, 40.arrow_forwardSuppose we have a linear program in standard equation form maximize cTx subject to Ax = b. x ≥ 0. and suppose u, v, and w are all optimal solutions to this linear program. (a) Prove that zu+v+w is an optimal solution. (b) If you try to adapt your proof from part (a) to prove that that u+v+w is an optimal solution, say exactly which part(s) of the proof go wrong. (c) If you try to adapt your proof from part (a) to prove that u+v-w is an optimal solution, say exactly which part(s) of the proof go wrong.arrow_forwarda) Suppose that we are carrying out the 1-phase simplex algorithm on a linear program in standard inequality form (with 3 variables and 4 constraints) and suppose that we have reached a point where we have obtained the following tableau. Apply one more pivot operation, indicating the highlighted row and column and the row operations you carry out. What can you conclude from your updated tableau? x1 x2 x3 81 82 83 84 81 -2 0 1 1 0 0 0 3 82 3 0 -2 0 1 2 0 6 12 1 1 -3 0 0 1 0 2 84 -3 0 2 0 0 -1 1 4 -2 -2 0 11 0 0-4 0 -8arrow_forward
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Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
Elementary Algebra
Algebra
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:OpenStax - Rice University
Mod-01 Lec-01 Discrete probability distributions (Part 1); Author: nptelhrd;https://www.youtube.com/watch?v=6x1pL9Yov1k;License: Standard YouTube License, CC-BY
Discrete Probability Distributions; Author: Learn Something;https://www.youtube.com/watch?v=m9U4UelWLFs;License: Standard YouTube License, CC-BY
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Discrete Distributions: Binomial, Poisson and Hypergeometric | Statistics for Data Science; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=lHhyy4JMigg;License: Standard Youtube License