Basic Technical Mathematics
Basic Technical Mathematics
11th Edition
ISBN: 9780134437705
Author: Washington
Publisher: PEARSON
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Chapter 17.3, Problem 39E
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To Solve: The given inequality graphically by using the calculator.

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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]
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.
Suppose 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.

Chapter 17 Solutions

Basic Technical Mathematics

Ch. 17.1 - In Exercises 5–12, for the inequality 4 < 9, state...Ch. 17.1 - In Exercises 5–12, for the inequality 4 < 9, state...Ch. 17.1 - In Exercises 5–12, for the inequality 4 < 9, state...Ch. 17.1 - In Exercises 5–12, for the inequality 4 < 9, state...Ch. 17.1 - In Exercises 5–12, for the inequality 4 < 9, state...Ch. 17.1 - In Exercises 5–12, for the inequality 4 < 9, state...Ch. 17.1 - In Exercises 5–12, for the inequality 4 < 9, state...Ch. 17.1 - In Exercises 13–24, give the inequalities...Ch. 17.1 - In Exercises 13–24, give the inequalities...Ch. 17.1 - In Exercises 13–24, give the inequalities...Ch. 17.1 - In Exercises 13–24, give the inequalities...Ch. 17.1 - In Exercises 13–24, give the inequalities...Ch. 17.1 - In Exercises 13–24, give the inequalities...Ch. 17.1 - In Exercises 13–24, give the inequalities...Ch. 17.1 - In Exercises 13–24, give the inequalities...Ch. 17.1 - In Exercises 13–24, give the inequalities...Ch. 17.1 - Prob. 22ECh. 17.1 - Prob. 23ECh. 17.1 - Prob. 24ECh. 17.1 - Prob. 25ECh. 17.1 - Prob. 26ECh. 17.1 - Prob. 27ECh. 17.1 - Prob. 28ECh. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 29–44, graph the given inequalities...Ch. 17.1 - In Exercises 45–48, answer the given questions...Ch. 17.1 - In Exercises 45–48, answer the given questions...Ch. 17.1 - In Exercises 45–48, answer the given questions...Ch. 17.1 - In Exercises 45–48, answer the given questions...Ch. 17.1 - In Exercises 49–52, solve the given problems. 49....Ch. 17.1 - In Exercises 49–52, solve the given problems. 50....Ch. 17.1 - In Exercises 49–52, solve the given...Ch. 17.1 - In Exercises 49–52, solve the given problems. 52....Ch. 17.1 - In Exercises 53–62, some applications of...Ch. 17.1 - In Exercises 53–62, some applications of...Ch. 17.1 - In Exercises 53–62, some applications of...Ch. 17.1 - In Exercises 53–62, some applications of...Ch. 17.1 - In Exercises 53–62, some applications of...Ch. 17.1 - In Exercises 53–62, some applications of...Ch. 17.1 - In Exercises 53–62, some applications of...Ch. 17.1 - In Exercises 53–62, some applications of...Ch. 17.1 - In Exercises 53–62, some applications of...Ch. 17.1 - Prob. 62ECh. 17.2 - Prob. 1PECh. 17.2 - Prob. 2PECh. 17.2 - Prob. 3PECh. 17.2 - Prob. 4PECh. 17.2 - Prob. 1ECh. 17.2 - Prob. 2ECh. 17.2 - Prob. 3ECh. 17.2 - Prob. 4ECh. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - In Exercises 5–28, solve the given inequalities....Ch. 17.2 - Prob. 26ECh. 17.2 - Prob. 27ECh. 17.2 - Prob. 28ECh. 17.2 - Prob. 29ECh. 17.2 - Prob. 30ECh. 17.2 - Prob. 31ECh. 17.2 - Prob. 32ECh. 17.2 - Prob. 33ECh. 17.2 - Prob. 34ECh. 17.2 - Prob. 35ECh. 17.2 - Prob. 36ECh. 17.2 - Prob. 37ECh. 17.2 - Prob. 38ECh. 17.2 - In Exercises 39–60, solve the given problems by...Ch. 17.2 - In Exercises 39–60, solve the given problems by...Ch. 17.2 - In Exercises 39–60, solve the given problems by...Ch. 17.2 - Prob. 42ECh. 17.2 - Prob. 43ECh. 17.2 - Prob. 44ECh. 17.2 - Prob. 45ECh. 17.2 - Prob. 46ECh. 17.2 - Prob. 47ECh. 17.2 - Prob. 48ECh. 17.2 - In Exercises 39–60, solve the given problems by...Ch. 17.2 - Prob. 50ECh. 17.2 - Prob. 51ECh. 17.2 - Prob. 52ECh. 17.2 - Prob. 53ECh. 17.2 - Prob. 54ECh. 17.2 - Prob. 55ECh. 17.2 - Prob. 56ECh. 17.2 - Prob. 57ECh. 17.2 - Prob. 58ECh. 17.2 - Prob. 59ECh. 17.2 - Prob. 60ECh. 17.3 - Prob. 1PECh. 17.3 - Prob. 2PECh. 17.3 - Prob. 1ECh. 17.3 - Prob. 2ECh. 17.3 - Prob. 3ECh. 17.3 - Prob. 4ECh. 17.3 - Prob. 5ECh. 17.3 - Prob. 6ECh. 17.3 - Prob. 7ECh. 17.3 - Prob. 8ECh. 17.3 - Prob. 9ECh. 17.3 - Prob. 10ECh. 17.3 - Prob. 11ECh. 17.3 - Prob. 12ECh. 17.3 - Prob. 13ECh. 17.3 - Prob. 14ECh. 17.3 - Prob. 15ECh. 17.3 - Prob. 16ECh. 17.3 - Prob. 17ECh. 17.3 - Prob. 18ECh. 17.3 - Prob. 19ECh. 17.3 - Prob. 20ECh. 17.3 - Prob. 21ECh. 17.3 - Prob. 22ECh. 17.3 - Prob. 23ECh. 17.3 - Prob. 24ECh. 17.3 - Prob. 25ECh. 17.3 - Prob. 26ECh. 17.3 - Prob. 27ECh. 17.3 - Prob. 28ECh. 17.3 - Prob. 29ECh. 17.3 - Prob. 30ECh. 17.3 - Prob. 31ECh. 17.3 - Prob. 32ECh. 17.3 - Prob. 33ECh. 17.3 - Prob. 34ECh. 17.3 - Prob. 35ECh. 17.3 - Prob. 36ECh. 17.3 - Prob. 37ECh. 17.3 - Prob. 38ECh. 17.3 - Prob. 39ECh. 17.3 - Prob. 40ECh. 17.3 - Prob. 41ECh. 17.3 - Prob. 42ECh. 17.3 - Prob. 43ECh. 17.3 - Prob. 44ECh. 17.3 - Prob. 45ECh. 17.3 - Prob. 46ECh. 17.3 - Prob. 47ECh. 17.3 - Prob. 48ECh. 17.3 - Prob. 49ECh. 17.3 - Prob. 50ECh. 17.3 - Prob. 51ECh. 17.3 - Prob. 52ECh. 17.3 - Prob. 53ECh. 17.3 - Prob. 54ECh. 17.3 - Prob. 55ECh. 17.3 - Prob. 56ECh. 17.3 - In Exercises 51–62, answer the given questions by...Ch. 17.3 - Prob. 58ECh. 17.3 - Prob. 59ECh. 17.3 - Prob. 60ECh. 17.3 - Prob. 61ECh. 17.3 - Prob. 62ECh. 17.4 - Prob. 1PECh. 17.4 - Prob. 2PECh. 17.4 - Prob. 1ECh. 17.4 - Prob. 2ECh. 17.4 - Prob. 3ECh. 17.4 - Prob. 4ECh. 17.4 - Prob. 5ECh. 17.4 - Prob. 6ECh. 17.4 - Prob. 7ECh. 17.4 - Prob. 8ECh. 17.4 - Prob. 9ECh. 17.4 - Prob. 10ECh. 17.4 - Prob. 11ECh. 17.4 - Prob. 12ECh. 17.4 - Prob. 13ECh. 17.4 - Prob. 14ECh. 17.4 - Prob. 15ECh. 17.4 - Prob. 16ECh. 17.4 - Prob. 17ECh. 17.4 - Prob. 18ECh. 17.4 - Prob. 19ECh. 17.4 - Prob. 20ECh. 17.4 - Prob. 21ECh. 17.4 - Prob. 22ECh. 17.4 - Prob. 23ECh. 17.4 - Prob. 24ECh. 17.4 - Prob. 25ECh. 17.4 - Prob. 26ECh. 17.4 - Prob. 27ECh. 17.4 - Prob. 28ECh. 17.4 - Prob. 29ECh. 17.4 - Prob. 30ECh. 17.4 - Prob. 31ECh. 17.4 - Prob. 32ECh. 17.4 - Prob. 33ECh. 17.4 - Prob. 34ECh. 17.4 - Prob. 35ECh. 17.4 - Prob. 36ECh. 17.4 - Prob. 37ECh. 17.4 - Prob. 38ECh. 17.4 - Prob. 39ECh. 17.4 - Prob. 40ECh. 17.4 - Prob. 41ECh. 17.4 - Prob. 42ECh. 17.4 - Prob. 43ECh. 17.4 - Prob. 44ECh. 17.4 - Prob. 45ECh. 17.4 - Prob. 46ECh. 17.4 - Prob. 47ECh. 17.4 - Prob. 48ECh. 17.5 - Prob. 1PECh. 17.5 - Prob. 2PECh. 17.5 - Prob. 1ECh. 17.5 - Prob. 2ECh. 17.5 - Prob. 3ECh. 17.5 - Prob. 4ECh. 17.5 - Prob. 5ECh. 17.5 - Prob. 6ECh. 17.5 - Prob. 7ECh. 17.5 - Prob. 8ECh. 17.5 - Prob. 9ECh. 17.5 - Prob. 10ECh. 17.5 - Prob. 11ECh. 17.5 - Prob. 12ECh. 17.5 - Prob. 13ECh. 17.5 - Prob. 14ECh. 17.5 - Prob. 15ECh. 17.5 - Prob. 16ECh. 17.5 - Prob. 17ECh. 17.5 - Prob. 18ECh. 17.5 - Prob. 19ECh. 17.5 - Prob. 20ECh. 17.5 - Prob. 21ECh. 17.5 - Prob. 22ECh. 17.5 - Prob. 23ECh. 17.5 - Prob. 24ECh. 17.5 - Prob. 25ECh. 17.5 - Prob. 26ECh. 17.5 - Prob. 27ECh. 17.5 - Prob. 28ECh. 17.5 - Prob. 29ECh. 17.5 - Prob. 30ECh. 17.5 - Prob. 31ECh. 17.5 - Prob. 32ECh. 17.5 - Prob. 33ECh. 17.5 - Prob. 34ECh. 17.5 - Prob. 35ECh. 17.5 - Prob. 36ECh. 17.5 - Prob. 37ECh. 17.5 - Prob. 38ECh. 17.5 - Prob. 39ECh. 17.5 - Prob. 40ECh. 17.5 - Prob. 41ECh. 17.5 - Prob. 42ECh. 17.5 - Prob. 43ECh. 17.5 - Prob. 44ECh. 17.5 - Prob. 45ECh. 17.5 - Prob. 46ECh. 17.5 - Prob. 47ECh. 17.5 - Prob. 48ECh. 17.5 - Prob. 49ECh. 17.5 - Prob. 50ECh. 17.5 - Prob. 51ECh. 17.5 - Prob. 52ECh. 17.5 - Prob. 53ECh. 17.5 - Prob. 54ECh. 17.5 - Prob. 55ECh. 17.5 - Prob. 56ECh. 17.6 - Prob. 1PECh. 17.6 - Prob. 2PECh. 17.6 - Prob. 1ECh. 17.6 - Prob. 2ECh. 17.6 - Prob. 3ECh. 17.6 - Prob. 4ECh. 17.6 - Prob. 5ECh. 17.6 - Prob. 6ECh. 17.6 - Prob. 7ECh. 17.6 - Prob. 8ECh. 17.6 - Prob. 9ECh. 17.6 - Prob. 10ECh. 17.6 - Prob. 11ECh. 17.6 - Prob. 12ECh. 17.6 - Prob. 13ECh. 17.6 - Prob. 14ECh. 17.6 - Prob. 15ECh. 17.6 - Prob. 16ECh. 17.6 - Prob. 17ECh. 17.6 - Prob. 18ECh. 17.6 - Prob. 19ECh. 17.6 - In Exercises 17–22, solve the given linear...Ch. 17.6 - Prob. 21ECh. 17.6 - Prob. 22ECh. 17 - Prob. 1RECh. 17 - Prob. 2RECh. 17 - Prob. 3RECh. 17 - Prob. 4RECh. 17 - Prob. 5RECh. 17 - Prob. 6RECh. 17 - Prob. 7RECh. 17 - Prob. 8RECh. 17 - Prob. 9RECh. 17 - Prob. 10RECh. 17 - Prob. 11RECh. 17 - Prob. 12RECh. 17 - Prob. 13RECh. 17 - Prob. 14RECh. 17 - Prob. 15RECh. 17 - Prob. 16RECh. 17 - Prob. 17RECh. 17 - Prob. 18RECh. 17 - Prob. 19RECh. 17 - Prob. 20RECh. 17 - Prob. 21RECh. 17 - Prob. 22RECh. 17 - Prob. 23RECh. 17 - Prob. 24RECh. 17 - Prob. 25RECh. 17 - Prob. 26RECh. 17 - Prob. 27RECh. 17 - Prob. 28RECh. 17 - Prob. 29RECh. 17 - Prob. 30RECh. 17 - Prob. 31RECh. 17 - Prob. 32RECh. 17 - Prob. 33RECh. 17 - Prob. 34RECh. 17 - Prob. 35RECh. 17 - Prob. 36RECh. 17 - Prob. 37RECh. 17 - Prob. 38RECh. 17 - Prob. 39RECh. 17 - Prob. 40RECh. 17 - Prob. 41RECh. 17 - Prob. 42RECh. 17 - Prob. 43RECh. 17 - Prob. 44RECh. 17 - Prob. 45RECh. 17 - Prob. 46RECh. 17 - Prob. 47RECh. 17 - Prob. 48RECh. 17 - Prob. 49RECh. 17 - Prob. 50RECh. 17 - Prob. 51RECh. 17 - Prob. 52RECh. 17 - Prob. 53RECh. 17 - Prob. 54RECh. 17 - Prob. 55RECh. 17 - Prob. 56RECh. 17 - Prob. 57RECh. 17 - Prob. 58RECh. 17 - Prob. 59RECh. 17 - Prob. 60RECh. 17 - Prob. 61RECh. 17 - Prob. 62RECh. 17 - Prob. 63RECh. 17 - Prob. 64RECh. 17 - Prob. 65RECh. 17 - Prob. 66RECh. 17 - Prob. 67RECh. 17 - Prob. 68RECh. 17 - Prob. 69RECh. 17 - Prob. 70RECh. 17 - Prob. 71RECh. 17 - Prob. 72RECh. 17 - Prob. 73RECh. 17 - Prob. 74RECh. 17 - Prob. 75RECh. 17 - Prob. 76RECh. 17 - Prob. 77RECh. 17 - Prob. 78RECh. 17 - Prob. 79RECh. 17 - Prob. 80RECh. 17 - Prob. 81RECh. 17 - Prob. 82RECh. 17 - Prob. 83RECh. 17 - Prob. 84RECh. 17 - Prob. 85RECh. 17 - Prob. 86RECh. 17 - Prob. 87RECh. 17 - Prob. 88RECh. 17 - Prob. 89RECh. 17 - Prob. 90RECh. 17 - Prob. 91RECh. 17 - Prob. 1PTCh. 17 - Prob. 2PTCh. 17 - Prob. 3PTCh. 17 - Prob. 4PTCh. 17 - Prob. 5PTCh. 17 - Prob. 6PTCh. 17 - Prob. 7PTCh. 17 - Prob. 8PTCh. 17 - Prob. 9PTCh. 17 - Prob. 10PTCh. 17 - Prob. 11PTCh. 17 - Prob. 12PTCh. 17 - Prob. 13PTCh. 17 - Prob. 14PT
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