MATHEMATICAL APPL F/MGMT LIFE (LL) FDS
12th Edition
ISBN: 9780357294383
Author: HARSHBARGER
Publisher: CENGAGE L
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Chapter 14.1, Problem 15E
To determine
To calculate: The value of
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1 No.
2
3
4
Binomial Prob.
X
n
P
Answer
5
6 4
7
8
9
10
12345678
8
3
4
2
2552
10
0.7
0.233
0.3
0.132
7
0.6
0.290
20
0.02
0.053
150
1000
0.15
0.035
8
7
10
0.7
0.383
11
9
3
5
0.3
0.132
12
10
4
7
0.6
0.290
13
Poisson Probability
14
X
lambda
Answer
18 4
19
20
21
22
23 9
15
16
17 3
1234567829
3
2
0.180
2
1.5
0.251
12
10
0.095
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step by step on Microssoft on how to put this in excel and the answers please
Find binomial probability if:
x = 8, n = 10, p = 0.7
x= 3, n=5, p = 0.3
x = 4, n=7, p = 0.6
Quality Control: A factory produces light bulbs with a 2% defect rate. If a random sample of 20 bulbs is tested, what is the probability that exactly 2 bulbs are defective? (hint: p=2% or 0.02; x =2, n=20; use the same logic for the following problems)
Marketing Campaign: A marketing company sends out 1,000 promotional emails. The probability of any email being opened is 0.15. What is the probability that exactly 150 emails will be opened? (hint: total emails or n=1000, x =150)
Customer Satisfaction: A survey shows that 70% of customers are satisfied with a new product. Out of 10 randomly selected customers, what is the probability that at least 8 are satisfied? (hint: One of the keyword in this question is “at least 8”, it is not “exactly 8”, the correct formula for this should be = 1- (binom.dist(7, 10, 0.7,…
Quality Control: A factory produces light bulbs with a 2% defect rate. If a random sample of 20 bulbs is tested, what is the probability that exactly 2 bulbs are defective? (hint: p=2% or 0.02; x =2, n=20; use the same logic for the following problems)
Marketing Campaign: A marketing company sends out 1,000 promotional emails. The probability of any email being opened is 0.15. What is the probability that exactly 150 emails will be opened? (hint: total emails or n=1000, x =150)
Customer Satisfaction: A survey shows that 70% of customers are satisfied with a new product. Out of 10 randomly selected customers, what is the probability that at least 8 are satisfied? (hint: One of the keyword in this question is “at least 8”, it is not “exactly 8”, the correct formula for this should be = 1- (binom.dist(7, 10, 0.7, TRUE)). The part in the princess will give you the probability of seven and less than seven. When you subtract it from 1, that will give you the probability of at least eight,…
Chapter 14 Solutions
MATHEMATICAL APPL F/MGMT LIFE (LL) FDS
Ch. 14.1 - CHECKPOINT
1. Find the domain of the function
Ch. 14.1 - CHECKPOINT
2. (a) If .
(b) If .
Ch. 14.1 - Prob. 1ECh. 14.1 - Prob. 2ECh. 14.1 - Prob. 3ECh. 14.1 - Prob. 4ECh. 14.1 - Prob. 5ECh. 14.1 - Prob. 6ECh. 14.1 - Prob. 7ECh. 14.1 - Prob. 8E
Ch. 14.1 - Prob. 9ECh. 14.1 - Prob. 10ECh. 14.1 - Prob. 11ECh. 14.1 - Prob. 12ECh. 14.1 - Prob. 13ECh. 14.1 - Prob. 14ECh. 14.1 - Prob. 15ECh. 14.1 - Prob. 16ECh. 14.1 - In Problems 15-22, evaluate each function as...Ch. 14.1 - Prob. 18ECh. 14.1 - Prob. 19ECh. 14.1 - Prob. 20ECh. 14.1 - Prob. 21ECh. 14.1 - In Problems 15-22, evaluate each function as...Ch. 14.1 - Prob. 23ECh. 14.1 - Prob. 24ECh. 14.1 - 25. Curve speeds One method traffic planners use...Ch. 14.1 - Prob. 26ECh. 14.1 - Prob. 27ECh. 14.1 - Prob. 28ECh. 14.1 - 29. Mortgage The following tables show that a...Ch. 14.1 - 30. Wind chill Wind and cold temperatures combine...Ch. 14.1 - Prob. 31ECh. 14.1 - Prob. 32ECh. 14.1 - Prob. 33ECh. 14.1 - Prob. 34ECh. 14.1 - Prob. 35ECh. 14.1 - 36. Profit The Kirk Kelly Kandy Company makes two...Ch. 14.1 - Prob. 37ECh. 14.1 - Prob. 38ECh. 14.2 - Prob. 1CPCh. 14.2 - Prob. 2CPCh. 14.2 - Prob. 3CPCh. 14.2 - Prob. 4CPCh. 14.2 - Prob. 5CPCh. 14.2 - Prob. 1ECh. 14.2 - Prob. 2ECh. 14.2 - Prob. 3ECh. 14.2 - Prob. 4ECh. 14.2 - Prob. 5ECh. 14.2 - Prob. 6ECh. 14.2 - Prob. 7ECh. 14.2 - Prob. 8ECh. 14.2 - Prob. 9ECh. 14.2 - Prob. 10ECh. 14.2 - Prob. 11ECh. 14.2 - Prob. 12ECh. 14.2 - Prob. 13ECh. 14.2 - Prob. 14ECh. 14.2 - Prob. 15ECh. 14.2 - Prob. 16ECh. 14.2 - Prob. 17ECh. 14.2 - Prob. 18ECh. 14.2 -
19. Find the slope of the tangent in the...Ch. 14.2 -
20. Find the slope of the tangent in the...Ch. 14.2 - Prob. 21ECh. 14.2 - Prob. 22ECh. 14.2 - Prob. 23ECh. 14.2 - Prob. 24ECh. 14.2 - Prob. 25ECh. 14.2 - Prob. 26ECh. 14.2 - Prob. 27ECh. 14.2 - Prob. 28ECh. 14.2 - Prob. 29ECh. 14.2 - Prob. 30ECh. 14.2 - Prob. 31ECh. 14.2 - 32. If , find the following.
(a) (b) (c) (d)
Ch. 14.2 - 33. If , find the following.
Ch. 14.2 - 34. If , find the following.
Ch. 14.2 - Prob. 35ECh. 14.2 -
Ch. 14.2 -
Ch. 14.2 - Prob. 38ECh. 14.2 - Prob. 39ECh. 14.2 - Prob. 40ECh. 14.2 - 41. .
Ch. 14.2 - .
Ch. 14.2 - Prob. 43ECh. 14.2 -
Ch. 14.2 - 45. Mortgage When a homeowner has a 25-year...Ch. 14.2 - 46. Mass transportation ridership Suppose that in...Ch. 14.2 - 47. Wilson's lot size formula In economics, the...Ch. 14.2 - 48. Cost Suppose that the total cost (in dollars)...Ch. 14.2 - 49. Pesticide Suppose that the number of thousands...Ch. 14.2 - 50. Profit Suppose that the profit (in dollars)...Ch. 14.2 - Prob. 51ECh. 14.2 - Prob. 52ECh. 14.2 - 53. Production Suppose that the output Q (in...Ch. 14.2 - Prob. 54ECh. 14.2 - Prob. 55ECh. 14.2 - Prob. 56ECh. 14.3 - CHECKPOINT
If the joint cost in dollars for two...Ch. 14.3 - Prob. 2CPCh. 14.3 - Prob. 3CPCh. 14.3 - Prob. 1ECh. 14.3 - Prob. 2ECh. 14.3 - 3. The total cost of producing 1 unit of a product...Ch. 14.3 - Prob. 4ECh. 14.3 - Prob. 5ECh. 14.3 - Prob. 6ECh. 14.3 - Prob. 7ECh. 14.3 - Prob. 8ECh. 14.3 - 9. If the joint cost function for two products is
...Ch. 14.3 - 10. Suppose the joint cost function for x units of...Ch. 14.3 - 11. Suppose that the joint cost function for two...Ch. 14.3 - Prob. 12ECh. 14.3 - Prob. 13ECh. 14.3 - Prob. 14ECh. 14.3 - Prob. 15ECh. 14.3 - Prob. 16ECh. 14.3 - Prob. 17ECh. 14.3 - Prob. 18ECh. 14.3 - Prob. 19ECh. 14.3 - Prob. 20ECh. 14.3 - 21. Suppose the Cobb-Douglas production function...Ch. 14.3 - Prob. 22ECh. 14.3 - Prob. 23ECh. 14.3 - Prob. 24ECh. 14.3 - Prob. 25ECh. 14.3 - Prob. 26ECh. 14.3 - Prob. 27ECh. 14.3 - Prob. 28ECh. 14.3 - Prob. 29ECh. 14.3 - Prob. 30ECh. 14.4 - CHECKPOINT
Suppose that
Find
Ch. 14.4 - Prob. 2CPCh. 14.4 - Prob. 3CPCh. 14.4 - Prob. 4CPCh. 14.4 - Prob. 1ECh. 14.4 - Prob. 2ECh. 14.4 - Prob. 3ECh. 14.4 - Prob. 4ECh. 14.4 - Prob. 5ECh. 14.4 - Prob. 6ECh. 14.4 - Prob. 7ECh. 14.4 - Prob. 8ECh. 14.4 - Prob. 9ECh. 14.4 - Prob. 10ECh. 14.4 - Prob. 11ECh. 14.4 - Prob. 12ECh. 14.4 - Prob. 13ECh. 14.4 - Prob. 14ECh. 14.4 - Prob. 15ECh. 14.4 - Prob. 16ECh. 14.4 - Prob. 17ECh. 14.4 - Prob. 18ECh. 14.4 - 19. Profit Suppose that the quarterly profit from...Ch. 14.4 - Prob. 20ECh. 14.4 - 21. Nutrition A new food is designed to add weight...Ch. 14.4 - Prob. 22ECh. 14.4 - 23. Production Suppose that
tons
is the...Ch. 14.4 - 24. Production Suppose that x units of one input...Ch. 14.4 - 25. Profit Suppose that a manufacturer produces...Ch. 14.4 - Prob. 26ECh. 14.4 - Prob. 27ECh. 14.4 - Prob. 28ECh. 14.4 - 29. Profit A company manufactures two products, A...Ch. 14.4 - Prob. 30ECh. 14.4 - Prob. 31ECh. 14.4 - The manager of the Sea Islands Chicken Shack is...Ch. 14.4 - Prob. 33ECh. 14.4 - Prob. 34ECh. 14.4 - Prob. 35ECh. 14.4 - Prob. 36ECh. 14.5 - Prob. 1CPCh. 14.5 - Prob. 2CPCh. 14.5 - Prob. 3CPCh. 14.5 - Prob. 4CPCh. 14.5 - Prob. 1ECh. 14.5 - Prob. 2ECh. 14.5 - Prob. 3ECh. 14.5 - Prob. 4ECh. 14.5 - Prob. 5ECh. 14.5 - Prob. 6ECh. 14.5 - Prob. 7ECh. 14.5 - Prob. 8ECh. 14.5 - Prob. 9ECh. 14.5 - Prob. 10ECh. 14.5 - Prob. 11ECh. 14.5 - Prob. 12ECh. 14.5 - Prob. 13ECh. 14.5 - Prob. 14ECh. 14.5 - Prob. 15ECh. 14.5 - 16. Utility Suppose that the budget constraint in...Ch. 14.5 - 17. Utility Suppose that the utility function for...Ch. 14.5 - 18. Utility Suppose that the utility function for...Ch. 14.5 - Prob. 19ECh. 14.5 - Prob. 20ECh. 14.5 - 21. Cost A firm has two plants, X and Y. Suppose...Ch. 14.5 - Prob. 22ECh. 14.5 - Prob. 23ECh. 14.5 - Prob. 24ECh. 14.5 - 25. Manufacturing Find the dimensions (in...Ch. 14.5 - Prob. 26ECh. 14 - 1. What is the domain of ?
Ch. 14 - Prob. 2RECh. 14 - Prob. 3RECh. 14 - 4. If .
Ch. 14 - Prob. 5RECh. 14 - Prob. 6RECh. 14 - Prob. 7RECh. 14 - Prob. 8RECh. 14 - Prob. 9RECh. 14 - Prob. 10RECh. 14 - Prob. 11RECh. 14 - Prob. 12RECh. 14 - Prob. 13RECh. 14 - Prob. 14RECh. 14 - In Problems 15-18, find the second partials.
Ch. 14 - Prob. 16RECh. 14 - Prob. 17RECh. 14 - Prob. 18RECh. 14 - Prob. 19RECh. 14 - Prob. 20RECh. 14 - Prob. 21RECh. 14 - Prob. 22RECh. 14 - Prob. 23RECh. 14 - Prob. 24RECh. 14 - Prob. 25RECh. 14 - Prob. 26RECh. 14 - Prob. 27RECh. 14 - Prob. 28RECh. 14 - Prob. 29RECh. 14 - Prob. 30RECh. 14 - Prob. 31RECh. 14 - Prob. 32RECh. 14 - Prob. 33RECh. 14 - Prob. 34RECh. 14 - 35. Modeling US. average wage The table gives the...Ch. 14 - Prob. 36RECh. 14 - Prob. 1TCh. 14 - Prob. 2TCh. 14 - Prob. 3TCh. 14 - Prob. 4TCh. 14 - Prob. 5TCh. 14 - Prob. 6TCh. 14 - 7. Suppose the demand functions for two products...Ch. 14 - Prob. 8TCh. 14 - 9. Find x and y that maximize the utility function...Ch. 14 - Prob. 10T
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