Mathematical Ideas (13th Edition) - Standalone book
13th Edition
ISBN: 9780321977076
Author: Charles D. Miller, Vern E. Heeren, John Hornsby, Christopher Heeren
Publisher: PEARSON
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Chapter 15.4, Problem 13E
New States Paradox with the Hamilton Method In each case, use the Hamilton method to apportion legislative seats to two states with the given populations. Show that the new states paradox occurs if a new state with the indicated population and the appropriate number of additional seats is included in a second Hamilton method apportionment. The appropriate number of seats to add for the second apportionment is the state’s standard quota of the new state, computed using the original two-state standard divisor, rounded down to the nearest integer. The populations are given in hundreds.
75 seats are apportioned.
| State | Original State a | Original State b | New State c |
| Population | 3184 | 8475 | 330 |
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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.
Please 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.
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)…
Chapter 15 Solutions
Mathematical Ideas (13th Edition) - Standalone book
Ch. 15.1 - Choosing a Poster Dog by the Plurality Method A...Ch. 15.1 - Choosing a Poster Dog by the Plurality Method A...Ch. 15.1 - Choosing a Poster Dog by Alternative Methods For...Ch. 15.1 - Choosing a Poster Dog by Alternative MethodsFor...Ch. 15.1 - Observing the Effect of the Number of Candidates...Ch. 15.1 - Observing the Effect of the Number of Candidates...Ch. 15.1 - Observing the Effect of the Number of Candidates...Ch. 15.1 - Observing the Effect of the Number of Candidates...Ch. 15.1 - Observing the Effect of the Number of Candidates...Ch. 15.1 - Observing the Effect of the Number of Candidates...
Ch. 15.1 - Applying Four Voting Methods to a Voter Profile...Ch. 15.1 - Applying Four Voting Methods to a Voter Profile...Ch. 15.1 - Applying Four Voting Methods to a Voter Profile...Ch. 15.1 - Applying Four Voting Methods to a Voter Profile...Ch. 15.1 - Applying Four Voting Methods to a Voter Profile...Ch. 15.1 - Applying Four Voting Methods to a Voter Profile...Ch. 15.1 - Applying Four Voting Methods to a Voter Profile...Ch. 15.1 - Applying Four Voting Methods to a Voter Profile...Ch. 15.1 - Holding a Runoff Election One common solution to...Ch. 15.1 - Prob. 20ECh. 15.1 - Prob. 21ECh. 15.1 - Prob. 22ECh. 15.1 - Prob. 23ECh. 15.1 - Prob. 24ECh. 15.1 - Prob. 25ECh. 15.1 - Prob. 26ECh. 15.1 - Prob. 27ECh. 15.1 - The Pairwise Comparison Method Each table...Ch. 15.1 - Prob. 29ECh. 15.1 - Prob. 30ECh. 15.1 - The Borda Method Each table represents a Borda...Ch. 15.1 - Prob. 32ECh. 15.1 - Prob. 33ECh. 15.1 - Prob. 34ECh. 15.1 - Prob. 35ECh. 15.1 - Prob. 36ECh. 15.1 - The Coombs Method The Coombs method of voting is a...Ch. 15.1 - Prob. 38ECh. 15.1 - Prob. 39ECh. 15.1 - Prob. 40ECh. 15.2 - Identifying Violations of the Majority Criterion...Ch. 15.2 - Identifying Violations of the Majority Criterion...Ch. 15.2 - Identifying Violations of the Majority...Ch. 15.2 - Identifying Violations of the Majority Criterion...Ch. 15.2 - Identifying Violations of the Condorcet...Ch. 15.2 - Identifying Violations of the Condorcet Criterion...Ch. 15.2 - Identifying Violations of the Condorcet Criterion...Ch. 15.2 - Identifying Violations of the Condorcet Criterion...Ch. 15.2 - Prob. 9ECh. 15.2 - Prob. 10ECh. 15.2 - Prob. 11ECh. 15.2 - Prob. 12ECh. 15.2 - Prob. 13ECh. 15.2 - Prob. 14ECh. 15.2 - Prob. 15ECh. 15.2 - Prob. 16ECh. 15.2 - Prob. 17ECh. 15.2 - Prob. 18ECh. 15.2 - Prob. 19ECh. 15.2 - Irrelevant Alternatives in a Hare Method Election...Ch. 15.2 - 21. Explain why a violation of the majority...Ch. 15.2 - Prob. 22ECh. 15.2 - Prob. 23ECh. 15.2 - Prob. 24ECh. 15.2 - Prob. 25ECh. 15.2 - Prob. 26ECh. 15.2 - Prob. 27ECh. 15.2 - Prob. 28ECh. 15.2 - Prob. 29ECh. 15.2 - Prob. 30ECh. 15.2 - Prob. 31ECh. 15.2 - Prob. 32ECh. 15.2 - Prob. 33ECh. 15.2 - Prob. 34ECh. 15.3 - Find each quantity (to the nearest whole number)...Ch. 15.3 - Find each quantity (to the nearest whole number)...Ch. 15.3 - Find each quantity (to the nearest whole number)...Ch. 15.3 - Find each quantity (to the nearest whole number)...Ch. 15.3 - Solve each problem.
5. New Trees for Wisconsin...Ch. 15.3 - Apportioning Computers to Schools Enrollments for...Ch. 15.3 - Assigning Faculty to Courses The English...Ch. 15.3 - 8. Apportioning Sailboats to Resorts The number of...Ch. 15.3 - Prob. 9ECh. 15.3 - 10. Show that the Webster method apportionment of...Ch. 15.3 - Prob. 11ECh. 15.3 - Prob. 12ECh. 15.3 - Prob. 13ECh. 15.3 - Prob. 14ECh. 15.3 - Prob. 15ECh. 15.3 - Find the Huntington-Hill cutoff point for rounding...Ch. 15.3 - Creating a Profile of School Bus Riders Create a...Ch. 15.3 - Prob. 18ECh. 15.3 - Prob. 19ECh. 15.3 - Prob. 20ECh. 15.3 - The standard quotas rounded up to the nearest...Ch. 15.3 - Prob. 22ECh. 15.3 - Prob. 23ECh. 15.3 - Prob. 24ECh. 15.4 - Quota Rule Violations with the Jefferson Method In...Ch. 15.4 - Quota Rule Violations with the Jefferson Method In...Ch. 15.4 - Quota Rule Violations with the Jefferson Method In...Ch. 15.4 - Quota Rule Violations with the Jefferson Method In...Ch. 15.4 - Alabama Paradox with the Hamilton Method In each...Ch. 15.4 - Alabama Paradox with the Hamilton Method In each...Ch. 15.4 - Alabama Paradox with the Hamilton Method In each...Ch. 15.4 - Alabama Paradox with the Hamilton Method In each...Ch. 15.4 - Population Paradox with the Hamilton Method In...Ch. 15.4 - Population Paradox with the Hamilton Method In...Ch. 15.4 - Population Paradox with the Hamilton Method In...Ch. 15.4 - Population Paradox with the Hamilton Method In...Ch. 15.4 - New States Paradox with the Hamilton Method In...Ch. 15.4 - New States Paradox with the Hamilton Method In...Ch. 15.4 - New States Paradox with the Hamilton Method In...Ch. 15.4 - New States Paradox with the Hamilton Method In...Ch. 15.4 - Violations of the Quota Rule? For each...Ch. 15.4 - Violations of the Quota Rule? For each...Ch. 15.4 - Violations of the Quota Rule? For each...Ch. 15.4 - Prob. 20ECh. 15.4 - Prob. 21ECh. 15.4 - Prob. 22ECh. 15.4 - Prob. 23ECh. 15.4 - Prob. 24ECh. 15.4 - Prob. 25ECh. 15.4 - 26. The Jefferson and Adams methods are both...Ch. 15 - How many different complete rankings are possible...Ch. 15 - Prob. 2TCh. 15 - Prob. 3TCh. 15 - Prob. 4TCh. 15 - Prob. 5TCh. 15 - Why is the irrelevant alternatives criterion an...Ch. 15 - Prob. 7TCh. 15 - Prob. 8TCh. 15 - Prob. 9TCh. 15 - Prob. 10TCh. 15 - Prob. 11TCh. 15 - Prob. 12TCh. 15 - Prob. 13TCh. 15 - Prob. 14TCh. 15 - Prob. 15TCh. 15 - Prob. 16TCh. 15 - Prob. 17TCh. 15 - Prob. 18TCh. 15 - Prob. 19TCh. 15 - Prob. 20TCh. 15 - Prob. 21TCh. 15 - Prob. 22TCh. 15 - Prob. 23TCh. 15 - Prob. 24TCh. 15 - Prob. 25TCh. 15 - One hundred seats are to be apportioned to 4...Ch. 15 - Prob. 27TCh. 15 - Prob. 28TCh. 15 - Prob. 29TCh. 15 - Explain the Alabama paradox.Ch. 15 - Prob. 31TCh. 15 - Prob. 32T
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