Using and Understanding Mathematics: A Quantitative Reasoning Approach (6th Edition)
6th Edition
ISBN: 9780321914620
Author: Jeffrey O. Bennett, William L. Briggs
Publisher: PEARSON
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Chapter 1.D, Problem 25E
Analyzing Inductive Arguments. Determine the truth of the premises of the following arguments. Then assess the strength of the argument and discuss the truth of the conclusion.
25.
Premise: Trout and bass swim and they are fish.
Premise: Sharks and marlin swim and they are fish.
Premise: Tuna and salmon swim and they are fish.
Conclusion: Whales swim and they are fish.
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Chapter 1 Solutions
Using and Understanding Mathematics: A Quantitative Reasoning Approach (6th Edition)
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 - Prob. 21ECh. 1.A - Prob. 22ECh. 1.A - Prob. 23ECh. 1.A - Prob. 24ECh. 1.A - Prob. 25ECh. 1.A - Prob. 26ECh. 1.A - Prob. 27ECh. 1.A - Prob. 28ECh. 1.A - Recognizing Fallacies. In the following arguments,...Ch. 1.A - Prob. 30ECh. 1.A - Prob. 31ECh. 1.A - Prob. 32ECh. 1.A - Prob. 33ECh. 1.A - Prob. 34ECh. 1.A - 25-40: Recognizing Fallacies. In the following...Ch. 1.A - Prob. 36ECh. 1.A - Prob. 37ECh. 1.A - Recognizing Fallacies. In the following arguments,...Ch. 1.A - 25-40: Recognizing Fallacies. In the following...Ch. 1.A - Prob. 40ECh. 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 - Prob. 49ECh. 1.A - Prob. 50ECh. 1.A - Prob. 51ECh. 1.A - 52. Personal Fallacies. Describe an instance in...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 - A proposition? Determine whether the following...Ch. 1.B - A proposition? Determine whether the following...Ch. 1.B - 13-18: A proposition? Determine whether the...Ch. 1.B - A proposition? Determine whether the following...Ch. 1.B - Prob. 17ECh. 1.B - Prob. 18ECh. 1.B - Negation. Write the negation of the given...Ch. 1.B - Negation. Write the negation of the given...Ch. 1.B - Prob. 21ECh. 1.B - Prob. 22ECh. 1.B - Prob. 23ECh. 1.B - Multiple Negations. Explain the meaning of the...Ch. 1.B - Multiple Negations. Explain the meaning of the...Ch. 1.B - Multiple Negations. Explain the meaning of the...Ch. 1.B - Multiple Negations. Explain the meaning of the...Ch. 1.B - Prob. 28ECh. 1.B - Truth Tables. Make a truth table for the given...Ch. 1.B - Prob. 30ECh. 1.B - And Statements. The following propositions have...Ch. 1.B - And Statements. The following propositions have...Ch. 1.B - 31-36: And Statements. The following propositions...Ch. 1.B - Prob. 34ECh. 1.B - Prob. 35ECh. 1.B - Prob. 36ECh. 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 - Prob. 43ECh. 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 - 51-56: Or Statements. The following propositions...Ch. 1.B - Prob. 52ECh. 1.B - Prob. 53ECh. 1.B - Prob. 54ECh. 1.B - Or Statements. The following propositions have the...Ch. 1.B - Prob. 56ECh. 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 - If…then Statements. Identify the hypothesis and...Ch. 1.B - Prob. 61ECh. 1.B - Prob. 62ECh. 1.B - Prob. 63ECh. 1.B - Prob. 64ECh. 1.B - Prob. 65ECh. 1.B - If…then Statements. Identify the hypothesis and...Ch. 1.B - Prob. 67ECh. 1.B - Prob. 68ECh. 1.B - Prob. 69ECh. 1.B - Rephrasing Conditional Statements. Express the...Ch. 1.B - Prob. 71ECh. 1.B - Prob. 72ECh. 1.B - Prob. 73ECh. 1.B - Converse, Inverse, and Contrapositive. Write the...Ch. 1.B - Converse, Inverse, and Contrapositive. Write the...Ch. 1.B - Prob. 76ECh. 1.B - Prob. 77ECh. 1.B - Converse, Inverse, and Contrapositive. Write the...Ch. 1.B - Prob. 79ECh. 1.B - Prob. 80ECh. 1.B - Prob. 81ECh. 1.B - Prob. 82ECh. 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 - Prob. 90ECh. 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 payments we make to the electric company are a...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 - Prob. 12ECh. 1.C - Prob. 13ECh. 1.C - Prob. 14ECh. 1.C - Prob. 15ECh. 1.C - Prob. 16ECh. 1.C - Prob. 17ECh. 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 - Classifying Numbers. Choose the first set in the...Ch. 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 - Venn Diagrams for Two Sets. Draw Venn diagrams...Ch. 1.C - Prob. 40ECh. 1.C - Venn Diagrams for Two Sets. Draw Venn diagrams...Ch. 1.C - Venn Diagrams for Two Sets. Draw Venn diagrams...Ch. 1.C - Prob. 43ECh. 1.C - Prob. 44ECh. 1.C - 45-52: Categorical Propositions. For the given...Ch. 1.C - Categorical Propositions. For the given...Ch. 1.C - Prob. 47ECh. 1.C - Categorical Propositions. For the given...Ch. 1.C - 45-52: Categorical Propositions. For the given...Ch. 1.C - Prob. 50ECh. 1.C - Categorical Propositions. For the given...Ch. 1.C - Prob. 52ECh. 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 - Two-Circle Venn Diagram with Numbers. Use the Venn...Ch. 1.C - Prob. 61ECh. 1.C - Two-Circle Venn Diagram with Numbers. Use the Venn...Ch. 1.C - Prob. 63ECh. 1.C - Three-Circle Venn Diagram with Numbers. Use the...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 - Venn Diagram Analysis. 67. Of the 45 theater...Ch. 1.C - Venn Diagram Analysis. 68. All cyclists who...Ch. 1.C - Venn Diagram Analysis. 69. One hundred people who...Ch. 1.C - Prob. 70ECh. 1.C - Prob. 71ECh. 1.C - Prob. 72ECh. 1.C - Prob. 73ECh. 1.C - Prob. 74ECh. 1.C - More Than Three Sets. Draw a Venn diagram that...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 - Prob. 82ECh. 1.C - Prob. 83ECh. 1.C - Prob. 84ECh. 1.C - Prob. 85ECh. 1.C - 86. Categorical Propositions. Find at least three...Ch. 1.C - Prob. 87ECh. 1.C - Prob. 88ECh. 1.C - Prob. 89ECh. 1.C - U.S. Presidents. Collect the following facts about...Ch. 1.D - To prove a statement true, you must use a. an...Ch. 1.D - Prob. 2QQCh. 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 - Prob. 9ECh. 1.D - Prob. 10ECh. 1.D - Prob. 11ECh. 1.D - Prob. 12ECh. 1.D - Prob. 13ECh. 1.D - Prob. 14ECh. 1.D - Prob. 15ECh. 1.D - Prob. 16ECh. 1.D - Prob. 17ECh. 1.D - Prob. 18ECh. 1.D - Prob. 19ECh. 1.D - Prob. 20ECh. 1.D - Everyday Logic: Explain whether the following...Ch. 1.D - Prob. 22ECh. 1.D - Prob. 23ECh. 1.D - Prob. 24ECh. 1.D - Analyzing Inductive Arguments. Determine the truth...Ch. 1.D - Prob. 26ECh. 1.D - Prob. 27ECh. 1.D - Prob. 28ECh. 1.D - Prob. 29ECh. 1.D - Analyzing Deductive Arguments. Consider the...Ch. 1.D - Prob. 31ECh. 1.D - Analyzing Deductive Arguments. Consider the...Ch. 1.D - Prob. 33ECh. 1.D - Prob. 34ECh. 1.D - Analyzing Deductive Arguments. Consider the...Ch. 1.D - Prob. 36ECh. 1.D - Prob. 37ECh. 1.D - Prob. 38ECh. 1.D - Prob. 39ECh. 1.D - Prob. 40ECh. 1.D - Prob. 41ECh. 1.D - Deductive Arguments with Conditional Propositions....Ch. 1.D - Prob. 43ECh. 1.D - Prob. 44ECh. 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 - 62. The Goldbach Conjecture. Recall that a prime...Ch. 1.D - Prob. 63ECh. 1.D - Prob. 64ECh. 1.D - Conditionals in the Literature. Consider the...Ch. 1.D - Prob. 66ECh. 1.D - The Pythagorean Theorem. Learn more about the...Ch. 1.D - Prob. 68ECh. 1.D - 69. Inductive Reasoning in Your Life. Give an...Ch. 1.D - Prob. 70ECh. 1.D - Prob. 71ECh. 1.D - Prob. 72ECh. 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 - 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. 6QQCh. 1.E - Prob. 7QQCh. 1.E - Prob. 8QQCh. 1.E - 9. A teacher claims that, because spell checkers...Ch. 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 - Prob. 12ECh. 1.E - Prob. 13ECh. 1.E - Prob. 14ECh. 1.E - Prob. 15ECh. 1.E - Prob. 16ECh. 1.E - Prob. 17ECh. 1.E - Prob. 18ECh. 1.E - Prob. 19ECh. 1.E - Prob. 20ECh. 1.E - Prob. 21ECh. 1.E - Prob. 22ECh. 1.E - Interpreting Policies. A city charters sole policy...Ch. 1.E - Reading a Ballot Initiative. Consider the...Ch. 1.E - Hidden Assumptions. Identify at least two hidden...Ch. 1.E - Prob. 26ECh. 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 - IRS Guidelines on Who Must File a Federal Tax...Ch. 1.E - Prob. 32ECh. 1.E - Reading a Lease. Consider the following excerpt...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 - Prob. 37ECh. 1.E - Prob. 38ECh. 1.E - Ambiguity in the News. Explain how the direct...Ch. 1.E - Prob. 40ECh. 1.E - Prob. 41ECh. 1.E - Credit Card Agreement. The following rules are...Ch. 1.E - Prob. 43ECh. 1.E - Texas Ethics. In its Guide to Ethics the Texas...Ch. 1.E - Decision Making. Analyze the situations. and...Ch. 1.E - Prob. 46ECh. 1.E - Prob. 47ECh. 1.E - Prob. 48ECh. 1.E - Prob. 49ECh. 1.E - Prob. 50ECh. 1.E - Prob. 51ECh. 1.E - Prob. 52ECh. 1.E - Prob. 53ECh. 1.E - Prob. 54ECh. 1.E - Prob. 55ECh. 1.E - Prob. 56ECh. 1.E - Prob. 57ECh. 1.E - 57-65: Critical Thinking. Consider the following...Ch. 1.E - Prob. 59ECh. 1.E - Prob. 60ECh. 1.E - Prob. 61ECh. 1.E - Prob. 62ECh. 1.E - Prob. 63ECh. 1.E - Prob. 64ECh. 1.E - Prob. 65ECh. 1.E - Prob. 66ECh. 1.E - Interpreting the Second Amendment. Much of the...Ch. 1.E - Prob. 68ECh. 1.E - Prob. 69ECh. 1.E - Prob. 70ECh. 1.E - Prob. 71ECh. 1.E - Prob. 72E
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- 4. Assume that a risk-free money market account is added to the market described in Q3. The continuously compounded rate of return on the money market account is log (1.1). (i) For each given μ, use Lagrange multipliers to determine the proportions (as a function of μ) of wealth invested in the three assets available for the minimum variance portfolio with expected return μ. (ii) Determine the market portfolio in this market and calculate its Sharp ratio.arrow_forward3. A market consists of two risky assets with rates of return R₁ and R2 and no risk-free asset. From market data the following have been estimated: ER₁ = 0.25, ER2 = 0.05, Var R₁ = 0.01, Var R2 = 0.04 and the correlation between R1 and R2 is p = -0.75. (i) Given that an investor is targeting a total expected return of μ = 0.2. What portfolio weights should they choose to meet this goal with minimum portfolio variance? Correct all your calculations up to 4 decimal points. (ii) Determine the global minimum-variance portfolio and the expected return and variance of return of this portfolio (4 d.p.). (iii) Sketch the minimum-variance frontier in the μ-σ² plane and indicate the efficient frontier. (iv) Without further calculation, explain how the minimum variance of the investor's portfolio return will change if the two risky assets were independent.arrow_forward2. A landlord is about to write a rental contract for a tenant which lasts T months. The landlord first decides the length T > 0 (need not be an integer) of the contract, the tenant then signs it and pays an initial handling fee of £100 before moving in. The landlord collects the total amount of rent erT at the end of the contract at a continuously compounded rate r> 0, but the contract stipulates that the tenant may leave before T, in which case the landlord only collects the total rent up until the tenant's departure time 7. Assume that 7 is exponentially distributed with rate > 0, λ‡r. (i) Calculate the expected total payment EW the landlord will receive in terms of T. (ii) Assume that the landlord has logarithmic utility U(w) = log(w - 100) and decides that the rental rate r should depend on the contract length T by r(T) = λ √T 1 For each given λ, what T (as a function of X) should the landlord choose so as to maximise their expected utility? Justify your answer. Hint. It might be…arrow_forward
- Please solving problem2 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.arrow_forwardPlease 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.arrow_forwardThis 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)…arrow_forward
- 5. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.AE.003. y y= ex² 0 Video Example x EXAMPLE 3 (a) Use the Midpoint Rule with n = 10 to approximate the integral कर L'ex² dx. (b) Give an upper bound for the error involved in this approximation. SOLUTION 8+2 1 L'ex² d (a) Since a = 0, b = 1, and n = 10, the Midpoint Rule gives the following. (Round your answer to six decimal places.) dx Ax[f(0.05) + f(0.15) + ... + f(0.85) + f(0.95)] 0.1 [0.0025 +0.0225 + + e0.0625 + 0.1225 e0.3025 + e0.4225 + e0.2025 + + e0.5625 €0.7225 +0.9025] The figure illustrates this approximation. (b) Since f(x) = ex², we have f'(x) = 0 ≤ f'(x) = < 6e. ASK YOUR TEACHER and f'(x) = Also, since 0 ≤ x ≤ 1 we have x² ≤ and so Taking K = 6e, a = 0, b = 1, and n = 10 in the error estimate, we see that an upper bound for the error is as follows. (Round your final answer to five decimal places.) 6e(1)3 e 24( = ≈arrow_forward1. Consider the following preference ballots: Number of voters Rankings 6 5 4 2 1st choice A DCB DC 2nd choice B B D 3rd choice DCBD 4th choice CA AAA For each of the four voting systems we have studied, determine who would win the election in each case. (Remember: For plurality with runoff, all but the top two vote-getters are simultaneously eliminated at the end of round 1.)arrow_forwardPractice k Help ises A 96 Anewer The probability that you get a sum of at least 10 is Determine the number of ways that the specified event can occur when two number cubes are rolled. 1. Getting a sum of 9 or 10 3. Getting a sum less than 5 2. Getting a sum of 6 or 7 4. Getting a sum that is odd Tell whether you would use the addition principle or the multiplication principle to determine the total number of possible outcomes for the situation described. 5. Rolling three number cubes 6. Getting a sum of 10 or 12 after rolling three number cubes A set of playing cards contains four groups of cards designated by color (black, red, yellow, and green) with cards numbered from 1 to 14 in each group. Determine the number of ways that the specified event can occur when a card is drawn from the set. 7. Drawing a 13 or 14 9. Drawing a number less than 4 8. Drawing a yellow or green card 10. Drawing a black, red, or green car The spinner is divided into equal parts. Find the specified…arrow_forward
- Problem 1.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%. 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.(d) We assume that you sell the American put to a market participant A for the pricefound in (b). Explain how you act on the market…arrow_forwardWhat is the standard scores associated to the left of z is 0.1446arrow_forward2. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.015. Use the Trapezoidal Rule, the Midpoint Rule, and Simpson's Rule to approximate the given integral with the specified value of n. (Round your answers to six decimal places.) ASK YOUR TEACHER 3 1 3 + dy, n = 6 (a) the Trapezoidal Rule (b) the Midpoint Rule (c) Simpson's Rule Need Help? Read It Watch Itarrow_forward
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