Pearson eText for Using & Understanding Mathematics: A Quantitative Reasoning Approach -- Instant Access (Pearson+)
7th Edition
ISBN: 9780137553334
Author: Jeffrey Bennett, William Briggs
Publisher: PEARSON+
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Chapter 1.B, Problem 83E
To determine
Create your own example of a proposition that has the given property:
A true conditional proposition whose converse is false.
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Chapter 1 Solutions
Pearson eText for Using & Understanding Mathematics: A Quantitative Reasoning Approach -- Instant Access (Pearson+)
Ch. 1.A - Prob. 1QQCh. 1.A - A fallacy is a. a statement that is untrue. b. a...Ch. 1.A - Which of the following could not qualify as a...Ch. 1.A - An argument in which the conclusion essentially...Ch. 1.A - The fallacy of appeal to ignorance occurs when a....Ch. 1.A - Consider the argument ‘‘I don’t support the...Ch. 1.A - Consider again the argument ‘‘I don’t support the...Ch. 1.A - Prob. 8QQCh. 1.A - Suppose that the fact that an event A occurs...Ch. 1.A - When we speak of a straw man in an argument, we...
Ch. 1.A - What is logic? Briefly explain how logic can be...Ch. 1.A - How do we define an argument? What is the basic...Ch. 1.A - What is a fallacy? Choose three examples of...Ch. 1.A - Prob. 4ECh. 1.A - Prob. 5ECh. 1.A - I persuaded my father that I was right with a...Ch. 1.A - I didn’t believe the premises on which he based...Ch. 1.A - Prob. 8ECh. 1.A - I disagree with your conclusion, so your argument...Ch. 1.A - Even though your argument contains a fallacy, your...Ch. 1.A - Analyzing Fallacies. Consider the following...Ch. 1.A - 11-20: Analyzing Fallacies. Consider the following...Ch. 1.A - Analyzing Fallacies. Consider the following...Ch. 1.A - 11-20: Analyzing Fallacies. Consider the following...Ch. 1.A - Analyzing Fallacies. Consider the following...Ch. 1.A - Prob. 16ECh. 1.A - Analyzing Fallacies. Consider the following...Ch. 1.A - Prob. 18ECh. 1.A - Analyzing Fallacies. Consider the following...Ch. 1.A - Prob. 20ECh. 1.A - Media Claims. Each of the following claims can...Ch. 1.A - Prob. 22ECh. 1.A - Prob. 23ECh. 1.A - Prob. 24ECh. 1.A - Recognizing Fallacies. In the following arguments,...Ch. 1.A - 25-40: Recognizing Fallacies. In the following...Ch. 1.A - Recognizing Fallacies. In the following arguments,...Ch. 1.A - Recognizing Fallacies. In the following arguments,...Ch. 1.A - Prob. 29ECh. 1.A - Prob. 30ECh. 1.A - 25-40: Recognizing Fallacies. In the following...Ch. 1.A - Prob. 32ECh. 1.A - Prob. 33ECh. 1.A - Recognizing Fallacies. In the following arguments,...Ch. 1.A - Recognizing Fallacies. In the following arguments,...Ch. 1.A - Prob. 36ECh. 1.A - Prob. 37ECh. 1.A - 25-40: Recognizing Fallacies. In the following...Ch. 1.A - 25-40: Recognizing Fallacies. In the following...Ch. 1.A - 25-40: Recognizing Fallacies. In the following...Ch. 1.A - Prob. 41ECh. 1.A - Prob. 42ECh. 1.A - Additional Fallacies. Consider the blowing...Ch. 1.A - Additional Fallacies. Consider the blowing...Ch. 1.A - Evaluating Media Information. Choose a current...Ch. 1.A - Snopes. Visit the Snopes.com website and choose...Ch. 1.A - Prob. 47ECh. 1.A - Prob. 48ECh. 1.A - Fallacies in Politics. Discuss the tactics used by...Ch. 1.A - Prob. 50ECh. 1.A - 51. Comment Fallacies. The “reader comments” that...Ch. 1.A - 52. Fake News Sites. Visit a fake news site that...Ch. 1.B - The statement Mathematics is fun is a. an...Ch. 1.B - Suppose you know the truth value of a proposition...Ch. 1.B - Which of the following has the form of a...Ch. 1.B - Suppose you want to make a truth table for the...Ch. 1.B - Suppose the statement p or q is true. Then you can...Ch. 1.B - Suppose the statement p is false and the statement...Ch. 1.B - The statement If it’s a dog, then it is a mammal...Ch. 1.B - The statement If the engine is running, then the...Ch. 1.B - Two statements are logically equivalent if a. they...Ch. 1.B - Prob. 10QQCh. 1.B - What is a proposition? Give a few examples, and...Ch. 1.B - What do we mean by the negation of a proposition?...Ch. 1.B - Define conjunction, disjunction, and conditional,...Ch. 1.B - 4. What is the difference between an inclusive or...Ch. 1.B - 5. Make a truth table for each of the following: p...Ch. 1.B - Prob. 6ECh. 1.B - 7. My logical proposition is a question that you...Ch. 1.B - The mayor opposes repealing the ban on handguns,...Ch. 1.B - Prob. 9ECh. 1.B - Prob. 10ECh. 1.B - Prob. 11ECh. 1.B - Prob. 12ECh. 1.B - Prob. 13ECh. 1.B - Prob. 14ECh. 1.B - 13-18: A proposition? Determine whether the...Ch. 1.B - Prob. 16ECh. 1.B - Prob. 17ECh. 1.B - Prob. 18ECh. 1.B - Negation. Write the negation of the given...Ch. 1.B - Prob. 20ECh. 1.B - Prob. 21ECh. 1.B - Prob. 22ECh. 1.B - Prob. 23ECh. 1.B - Multiple Negations. Explain the meaning of the...Ch. 1.B - Prob. 25ECh. 1.B - Multiple Negations. Explain the meaning of the...Ch. 1.B - Prob. 27ECh. 1.B - Multiple Negations. Explain the meaning of the...Ch. 1.B - Truth Tables. Make a truth table for the given...Ch. 1.B - Prob. 30ECh. 1.B - Prob. 31ECh. 1.B - And Statements. The following propositions have...Ch. 1.B - Prob. 33ECh. 1.B - And Statements. The following statements have the...Ch. 1.B - Prob. 35ECh. 1.B - 31-36: And Statements. The following statements...Ch. 1.B - Truth Tables. Make a truth table for the given...Ch. 1.B - 37-38: Truth Tables. Make a truth table for the...Ch. 1.B - Prob. 39ECh. 1.B - 39-44: Interpreting or. State whether or is used...Ch. 1.B - Prob. 41ECh. 1.B - Interpreting or. State whether or is used in the...Ch. 1.B - 39-44: Interpreting or. State whether or is used...Ch. 1.B - Interpreting or. State whether or is used in the...Ch. 1.B - Truth Table. Make a truth table for the given...Ch. 1.B - Truth Table. Make a truth table for the given...Ch. 1.B - Truth Table. Make a truth table for the given...Ch. 1.B - Truth Table. Make a truth table for the given...Ch. 1.B - Truth Table. Make a truth table for the given...Ch. 1.B - Prob. 50ECh. 1.B - Prob. 51ECh. 1.B - Prob. 52ECh. 1.B - Prob. 53ECh. 1.B - Prob. 54ECh. 1.B - Prob. 55ECh. 1.B - 51-56: Or Statements. The following statements...Ch. 1.B - 57-58: Truth Tables. Make a truth table for the...Ch. 1.B - 57-58: Truth Tables. Make a truth table for the...Ch. 1.B - Prob. 59ECh. 1.B - Prob. 60ECh. 1.B - Prob. 61ECh. 1.B - Prob. 62ECh. 1.B - If... then Statements. Identify the hypothesis and...Ch. 1.B - Prob. 64ECh. 1.B - Prob. 65ECh. 1.B - If... then Statements. Identify the hypothesis and...Ch. 1.B - Rephrasing Conditional Statements. Express the...Ch. 1.B - 67-72: Rephrasing Conditional Statements. Express...Ch. 1.B - 67-72: Rephrasing Conditional Statements. Express...Ch. 1.B - 67-72: Rephrasing Conditional Statements. Express...Ch. 1.B - Prob. 71ECh. 1.B - Prob. 72ECh. 1.B - Converse, Inverse, and Contrapositive. Write the...Ch. 1.B - Converse, Inverse, and Contrapositive. Write the...Ch. 1.B - Converse, Inverse, and Contrapositive. Write the...Ch. 1.B - Prob. 76ECh. 1.B - Converse, Inverse, and Contrapositive. Write the...Ch. 1.B - Converse, Inverse, and Contrapositive. Write the...Ch. 1.B - Prob. 79ECh. 1.B - Prob. 80ECh. 1.B - 79-82: Famous Quotes. Rephrase the following...Ch. 1.B - 79-82: Famous Quotes. Rephrase the following...Ch. 1.B - 83-87: Writing Conditional Propositions. Create...Ch. 1.B - Prob. 84ECh. 1.B - Writing Conditional Propositions. Create your own...Ch. 1.B - 83-87: Writing Conditional Propositions. Create...Ch. 1.B - 83-87: Writing Conditional Propositions. Create...Ch. 1.B - Prob. 88ECh. 1.B - Necessary and Sufficient. Write the following...Ch. 1.B - Necessary and Sufficient. Write the following...Ch. 1.B - Prob. 91ECh. 1.B - 89-92: Necessary and Sufficient. Write the...Ch. 1.B - Logical Equivalence. Consider the following pairs...Ch. 1.B - Logical Equivalence. Consider the following pairs...Ch. 1.B - Logical Equivalence. Consider the following pairs...Ch. 1.B - Prob. 96ECh. 1.B - Logical Equivalence. Consider the following pairs...Ch. 1.B - Prob. 98ECh. 1.B - Prob. 99ECh. 1.B - Prob. 100ECh. 1.B - Prob. 101ECh. 1.B - Prob. 102ECh. 1.C - Consider the set {Alabama, Alaska, Arizona,…,...Ch. 1.C - Which of the following is not a member of the set...Ch. 1.C - Based on the Venn diagram below, we conclude that...Ch. 1.C - Suppose that A represents the set of all boys and...Ch. 1.C - Suppose that A represents the set of all apples...Ch. 1.C - Suppose that A represents the set of all high...Ch. 1.C - In the Venn diagram below, the X tells us that a....Ch. 1.C - Prob. 8QQCh. 1.C - Consider again the Venn diagram from Exercise 8....Ch. 1.C - Look at the data in Table 1.1 (p.34). The total...Ch. 1.C - Prob. 1ECh. 1.C - What is a Venn diagram? How do we show that one...Ch. 1.C - List the four standard categorical propositions....Ch. 1.C - Briefly discuss how you can put a categorical...Ch. 1.C - Explain how to draw a Venn diagram for three...Ch. 1.C - 6. Explain how to read a table such as Table 1.1...Ch. 1.C - The people who live in Chicago form a subset of...Ch. 1.C - All jabbers are wocks, so there must be no wocks...Ch. 1.C - I counted an irrational number of students in my...Ch. 1.C - I surveyed my class to find out whether students...Ch. 1.C - My professor asked me to draw a Venn diagram for a...Ch. 1.C - I used a Venn diagram with three circles to show...Ch. 1.C - Classifying Numbers. Choose the first set in the...Ch. 1.C - Prob. 14ECh. 1.C - Classifying Numbers. Choose the first set in the...Ch. 1.C - Prob. 16ECh. 1.C - 13-28: Classifying Numbers. Choose the first set...Ch. 1.C - 13-28: Classifying Numbers. Choose the first set...Ch. 1.C - 13-28: Classifying Numbers. Choose the first set...Ch. 1.C - Prob. 20ECh. 1.C - Prob. 21ECh. 1.C - Prob. 22ECh. 1.C - Prob. 23ECh. 1.C - Prob. 24ECh. 1.C - Prob. 25ECh. 1.C - Prob. 26ECh. 1.C - Prob. 27ECh. 1.C - Prob. 28ECh. 1.C - Prob. 29ECh. 1.C - Prob. 30ECh. 1.C - Prob. 31ECh. 1.C - Prob. 32ECh. 1.C - Prob. 33ECh. 1.C - Prob. 34ECh. 1.C - Prob. 35ECh. 1.C - Prob. 36ECh. 1.C - Prob. 37ECh. 1.C - Prob. 38ECh. 1.C - Prob. 39ECh. 1.C - Venn Diagrams for Two Sets. Draw Venn diagrams...Ch. 1.C - 37-44: Venn Diagrams for Two Sets. Draw Venn...Ch. 1.C - 37-44: Venn Diagrams for Two Sets. Draw Venn...Ch. 1.C - 37-44: Venn Diagrams for Two Sets. Draw Venn...Ch. 1.C - 37-44: Venn Diagrams for Two Sets. Draw Venn...Ch. 1.C - Categorical Propositions. For the given...Ch. 1.C - Categorical Propositions. For the given...Ch. 1.C - Categorical Propositions. For the given...Ch. 1.C - 45-52: Categorical Propositions. For the given...Ch. 1.C - Categorical Propositions. For the given...Ch. 1.C - Categorical Propositions. For the given...Ch. 1.C - Categorical Propositions. For the given...Ch. 1.C - Categorical Propositions. For the given...Ch. 1.C - Prob. 53ECh. 1.C - Prob. 54ECh. 1.C - Prob. 55ECh. 1.C - Prob. 56ECh. 1.C - Prob. 57ECh. 1.C - Prob. 58ECh. 1.C - Prob. 59ECh. 1.C - Prob. 60ECh. 1.C - Two-Circle Venn Diagram with Numbers. Use the Venn...Ch. 1.C - Two-Circle Venn Diagram with Numbers. Use the Venn...Ch. 1.C - Three-Circle Venn Diagram with Numbers. Use the...Ch. 1.C - Three-Circle Venn Diagram with Numbers. Use the...Ch. 1.C - Hospital Drug Use. The following numbers of...Ch. 1.C - Technology Survey. A survey of 150 college...Ch. 1.C - Venn Diagram Analysis. 67. A movie critic reviewed...Ch. 1.C - Venn Diagram Analysis. 68. All runners who...Ch. 1.C - Venn Diagram Analysis. 69. One hundred people who...Ch. 1.C - Venn Diagram Analysis. 70. In a trial of a new...Ch. 1.C - Prob. 71ECh. 1.C - Prob. 72ECh. 1.C - Prob. 73ECh. 1.C - Prob. 74ECh. 1.C - 86. Categorical Propositions. Find at least three...Ch. 1.C - Prob. 76ECh. 1.C - Prob. 77ECh. 1.C - Prob. 78ECh. 1.C - Prob. 79ECh. 1.C - Prob. 80ECh. 1.C - Prob. 81ECh. 1.C - State Politics. Find out how many states have a...Ch. 1.C - Prob. 83ECh. 1.D - To prove a statement true, you must use a. an...Ch. 1.D - If a deductive argument is valid, its conclusion...Ch. 1.D - Prob. 3QQCh. 1.D - 4. Consider an argument in which Premise 1 is "All...Ch. 1.D - 5. Consider again the argument from question 4....Ch. 1.D - Consider an argument in which Premise 1 is “ If p,...Ch. 1.D - 7. Consider an argument in which Premise 1 is “ If...Ch. 1.D - Prob. 8QQCh. 1.D - 9. The longest side of a right triangle is called...Ch. 1.D - Prob. 10QQCh. 1.D - Summarize the differences between deductive and...Ch. 1.D - Briefly explain the idea of strength and how it...Ch. 1.D - Briefly explain the ideas of validity and...Ch. 1.D - Describe the procedure used to test the validity...Ch. 1.D - Prob. 5ECh. 1.D - What is a chain of conditionals? Give an example...Ch. 1.D - Prob. 7ECh. 1.D - Prob. 8ECh. 1.D - 9. My inductive argument provides absolute proof...Ch. 1.D - Prob. 10ECh. 1.D - 11. My argument is deductively valid, so if you...Ch. 1.D - Prob. 12ECh. 1.D - Prob. 13ECh. 1.D - Prob. 14ECh. 1.D - Prob. 15ECh. 1.D - Prob. 16ECh. 1.D - Argument Type. Explain whether the following...Ch. 1.D - Argument Type. Explain whether the following...Ch. 1.D - Argument Type. Explain whether the following...Ch. 1.D - Argument Type. Explain whether the following...Ch. 1.D - Argument Type. Explain whether the following...Ch. 1.D - Prob. 22ECh. 1.D - Prob. 23ECh. 1.D - Prob. 24ECh. 1.D - Prob. 25ECh. 1.D - Prob. 26ECh. 1.D - Prob. 27ECh. 1.D - Analyzing Deductive Arguments. Consider the...Ch. 1.D - Prob. 30ECh. 1.D - 29-36: Analyzing Deductive Arguments. Consider the...Ch. 1.D - Analyzing Deductive Arguments. Consider the...Ch. 1.D - Analyzing Deductive Arguments. Consider the...Ch. 1.D - Analyzing Deductive Arguments. Consider the...Ch. 1.D - Prob. 35ECh. 1.D - Prob. 36ECh. 1.D - Prob. 37ECh. 1.D - 37-44: Deductive Arguments with Conditional...Ch. 1.D - 37-44: Deductive Arguments with Conditional...Ch. 1.D - 37-44: Deductive Arguments with Conditional...Ch. 1.D - Prob. 41ECh. 1.D - Prob. 42ECh. 1.D - Prob. 43ECh. 1.D - Deductive Arguments with Conditional Propositions....Ch. 1.D - Prob. 45ECh. 1.D - Prob. 46ECh. 1.D - Prob. 47ECh. 1.D - Prob. 48ECh. 1.D - Prob. 49ECh. 1.D - Prob. 50ECh. 1.D - Testing Mathematical Rules. Test the following...Ch. 1.D - It is true for all positive integers n that...Ch. 1.D - 53-57: Validity and Soundness. State whether it is...Ch. 1.D - 53-57: Validity and Soundness. State whether it is...Ch. 1.D - Prob. 55ECh. 1.D - Prob. 56ECh. 1.D - Validity and Soundness. State whether it is...Ch. 1.D - Prob. 58ECh. 1.D - Prob. 59ECh. 1.D - Prob. 60ECh. 1.D - Prob. 61ECh. 1.D - Prob. 62ECh. 1.D - Conditionals in Books. Consider the following...Ch. 1.D - Prob. 64ECh. 1.D - 63-66: Conditionals in Books. Consider the...Ch. 1.D - 63-66: Conditionals in Books. Consider the...Ch. 1.D - 62. The Goldbach Conjecture. Recall that a prime...Ch. 1.D - Twin Primes Conjecture. If you write out the first...Ch. 1.D - The Pythagorean Theorem. Learn more about the...Ch. 1.D - Prob. 70ECh. 1.D - 69. Inductive Reasoning in Your Life. Give an...Ch. 1.D - Prob. 72ECh. 1.D - Prob. 73ECh. 1.D - Prob. 74ECh. 1.E - What does it mean to think critically about the...Ch. 1.E - "If you want to save the social services that...Ch. 1.E - 2. Suppose that an argument is deductively valid...Ch. 1.E - 9. A teacher claims that, because spell checkers...Ch. 1.E - 3. You need to buy a car and are considering loans...Ch. 1.E - 4. You get your hair cut at a shop that charges...Ch. 1.E - You buy a cell phone plan that gives you up to...Ch. 1.E - Prob. 8QQCh. 1.E - Prob. 9QQCh. 1.E - The Smiths have a picnic every Saturday provided t...Ch. 1.E - Describe critical thinking and why it is important...Ch. 1.E - Prob. 2ECh. 1.E - Prob. 3ECh. 1.E - Prob. 4ECh. 1.E - Reed was relieved because his insurance company...Ch. 1.E - 6. Although the plane crashed in Nevada, the...Ch. 1.E - Sue prefers the Red shuttle because it gets her to...Ch. 1.E - Prob. 8ECh. 1.E - There was no price difference, so Michael chose...Ch. 1.E - Prob. 10ECh. 1.E - Prob. 11ECh. 1.E - Interpreting Policies. A city charters sole policy...Ch. 1.E - Reading a Ballot Initiative. Consider the...Ch. 1.E - Prob. 14ECh. 1.E - Hidden Assumptions. Identify at least two hidden...Ch. 1.E - Prob. 16ECh. 1.E - Hidden Assumptions. Identify at least two hidden...Ch. 1.E - Hidden Assumptions. Identify at least two hidden...Ch. 1.E - 29-30: Unstated Issues. The following arguments...Ch. 1.E - Unstated Issues. The following arguments give...Ch. 1.E - Airline Options. In planning a trip to New Zealand...Ch. 1.E - Buy vs. Lease. You are deciding whether to buy a...Ch. 1.E - You've Won! You receive the following e-mail...Ch. 1.E - Reading a Lease. Consider the following excerpt...Ch. 1.E - Prob. 25ECh. 1.E - Prob. 26ECh. 1.E - Prob. 27ECh. 1.E - 27-28. Fake News. The following are fake news...Ch. 1.E - 29-40: Read and Think Carefully. The following...Ch. 1.E - Prob. 30ECh. 1.E - Prob. 31ECh. 1.E - Prob. 32ECh. 1.E - Prob. 33ECh. 1.E - Prob. 34ECh. 1.E - Prob. 35ECh. 1.E - Prob. 36ECh. 1.E - Prob. 37ECh. 1.E - 29-40: Read and Think Carefully. The following...Ch. 1.E - 29-40: Read and Think Carefully. The following...Ch. 1.E - 29-40: Read and Think Carefully. The following...Ch. 1.E - Decision Making. Analyze the situations. and...Ch. 1.E - Prob. 42ECh. 1.E - Prob. 43ECh. 1.E - Prob. 44ECh. 1.E - IRS Guidelines on Who Must File a Federal Tax...Ch. 1.E - Prob. 46ECh. 1.E - Credit Card Agreement. The following rules are...Ch. 1.E - Prob. 48ECh. 1.E - Texas Ethics. In its Guide to Ethics the Texas...Ch. 1.E - Prob. 50ECh. 1.E - 50-54: Critical Thinking. Consider the following...Ch. 1.E - 57-65: Critical Thinking. Consider the following...Ch. 1.E - 50-54: Critical Thinking. Consider the following...Ch. 1.E - Prob. 54ECh. 1.E - Prob. 55ECh. 1.E - Interpreting the Second Amendment. Much of the...Ch. 1.E - Prob. 57ECh. 1.E - Prob. 58ECh. 1.E - Prob. 59ECh. 1.E - Prob. 60ECh. 1.E - Prob. 61ECh. 1.E - Conspiracy Theories. Choose some well-known...
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- Problem 3. Pricing a multi-stock option the Margrabe formula The purpose of this problem is to price a swap option in a 2-stock model, similarly as what we did in the example in the lectures. We consider a two-dimensional Brownian motion given by W₁ = (W(¹), W(2)) on a probability space (Q, F,P). Two stock prices are modeled by the following equations: dX = dY₁ = X₁ (rdt+ rdt+0₁dW!) (²)), Y₁ (rdt+dW+0zdW!"), with Xo xo and Yo =yo. This corresponds to the multi-stock model studied in class, but with notation (X+, Y₁) instead of (S(1), S(2)). Given the model above, the measure P is already the risk-neutral measure (Both stocks have rate of return r). We write σ = 0₁+0%. We consider a swap option, which gives you the right, at time T, to exchange one share of X for one share of Y. That is, the option has payoff F=(Yr-XT). (a) We first assume that r = 0 (for questions (a)-(f)). Write an explicit expression for the process Xt. Reminder before proceeding to question (b): Girsanov's theorem…arrow_forwardProblem 1. Multi-stock model We consider a 2-stock model similar to the one studied in class. Namely, we consider = S(1) S(2) = S(¹) exp (σ1B(1) + (M1 - 0/1 ) S(²) exp (02B(2) + (H₂- M2 where (B(¹) ) +20 and (B(2) ) +≥o are two Brownian motions, with t≥0 Cov (B(¹), B(2)) = p min{t, s}. " The purpose of this problem is to prove that there indeed exists a 2-dimensional Brownian motion (W+)+20 (W(1), W(2))+20 such that = S(1) S(2) = = S(¹) exp (011W(¹) + (μ₁ - 01/1) t) 롱) S(²) exp (021W (1) + 022W(2) + (112 - 03/01/12) t). where σ11, 21, 22 are constants to be determined (as functions of σ1, σ2, p). Hint: The constants will follow the formulas developed in the lectures. (a) To show existence of (Ŵ+), first write the expression for both W. (¹) and W (2) functions of (B(1), B(²)). as (b) Using the formulas obtained in (a), show that the process (WA) is actually a 2- dimensional standard Brownian motion (i.e. show that each component is normal, with mean 0, variance t, and that their…arrow_forwardRoedel Electronics produces tablet computer accessories, including integrated keyboard tablet stands that connect a keyboard to a tablet device and holds the device at a preferred angle for easy viewing and typing. Roedel produces two sizes of integrated keyboard tablet stands, small and large. Each size uses the same keyboard attachment, but the stand consists of two different pieces, a top flap and a vertical stand that differ by size. Thus, a completed integrated keyboard tablet stand consists of three subassemblies that are manufactured by Roedel: a keyboard, a top flap, and a vertical stand. Roedel's sales forecast indicates that 7,000 small integrated keyboard tablet stands and 5,000 large integrated keyboard tablet stands will be needed to satisfy demand during the upcoming Christmas season. Because only 500 hours of in-house manufacturing time are available, Roedel is considering purchasing some, or all, of the subassemblies from outside suppliers. If Roedel manufactures a…arrow_forward
- Show three different pairs of integers, a and b, where at least one example includes a negative integer. For each of your examples, determine if each of the following statements are true or falsearrow_forwardThe scores of 8 students on the midterm exam and final exam were as follows. Student Midterm Final Anderson 98 89 Bailey 88 74 Cruz 87 97 DeSana 85 79 Erickson 85 94 Francis 83 71 Gray 74 98 Harris 70 91 Find the value of the (Spearman's) rank correlation coefficient test statistic that would be used to test the claim of no correlation between midterm score and final exam score. Round your answer to 3 places after the decimal point, if necessary. Test statistic: rs =arrow_forward(a) Develop a model that minimizes semivariance for the Hauck Financial data given in the file HauckData with a required return of 10%. Assume that the five planning scenarios in the Hauck Financial rvices model are equally likely to occur. Hint: Modify model (8.10)-(8.19). Define a variable d, for each scenario and let d₂ > R - R¸ with d ≥ 0. Then make the objective function: Min Let FS = proportion of portfolio invested in the foreign stock mutual fund IB = proportion of portfolio invested in the intermediate-term bond fund LG = proportion of portfolio invested in the large-cap growth fund LV = proportion of portfolio invested in the large-cap value fund SG = proportion of portfolio invested in the small-cap growth fund SV = proportion of portfolio invested in the small-cap value fund R = the expected return of the portfolio R = the return of the portfolio in years. Min s.t. R₁ R₂ = R₁ R R5 = FS + IB + LG + LV + SG + SV = R₂ R d₁ =R- d₂z R- d₂ ZR- d₁R- d≥R- R = FS, IB, LG, LV, SG, SV…arrow_forward
- The Martin-Beck Company operates a plant in St. Louis with an annual capacity of 30,000 units. Product is shipped to regional distribution centers located in Boston, Atlanta, and Houston. Because of an anticipated increase in demand, Martin-Beck plans to increase capacity by constructing a new plant in one or more of the following cities: Detroit, Toledo, Denver, or Kansas. The following is a linear program used to determine which cities Martin-Beck should construct a plant in. Let y₁ = 1 if a plant is constructed in Detroit; 0 if not y₂ = 1 if a plant is constructed in Toledo; 0 if not y₂ = 1 if a plant is constructed in Denver; 0 if not y = 1 if a plant is constructed in Kansas City; 0 if not. The variables representing the amount shipped from each plant site to each distribution center are defined just as for a transportation problem. *,, = the units shipped in thousands from plant i to distribution center j i = 1 (Detroit), 2 (Toledo), 3 (Denver), 4 (Kansas City), 5 (St.Louis) and…arrow_forwardConsider the following mixed-integer linear program. Max 3x1 + 4x2 s.t. 4x1 + 7x2 ≤ 28 8x1 + 5x2 ≤ 40 x1, x2 ≥ and x1 integer (a) Graph the constraints for this problem. Indicate on your graph all feasible mixed-integer solutions. On the coordinate plane the horizontal axis is labeled x1 and the vertical axis is labeled x2. A region bounded by a series of connected line segments, and several horizontal lines are on the graph. The series of line segments connect the approximate points (0, 4), (3.889, 1.778), and (5, 0). The region is above the horizontal axis, to the right of the vertical axis, and below the line segments. At each integer value between 0 and 4 on the vertical axis, a horizontal line extends out from the vertical axis to the series of connect line segments. On the coordinate plane the horizontal axis is labeled x1 and the vertical axis is labeled x2. A region bounded by a series of connected line segments, and several…arrow_forwardConsider the nonlinear optimization model stated below. Min s.t. 2x²-18x + 2XY + y² - 14Y + 53 x + 4Y ≤ 8 (a) Find the minimum solution to this problem. |at (X, Y) = (b) If the right-hand side of the constraint is increased from 8 to 9, how much do you expect the objective function to change? Based on the dual value on the constraint X + 4Y ≤ 8, we expect the optimal objective function value to decrease by (c) Resolve the problem with a new right-hand side of the constraint of 9. How does the actual change compare with your estimate? If we resolve the problem with a new right-hand-side of 9 the new optimal objective function value is| , so the actual change is a decrease of rather than what we expected in part (b).arrow_forward
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