DISCRETE MATHEMATICS+ITS APPL. (LL)-W/A
8th Edition
ISBN: 9781260521337
Author: ROSEN
Publisher: MCG
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Chapter 2, Problem 1SE
To determine
(a)
To show:
The set of English words that do not contain the letter x, express this set as a combination of
A and B.
To determine
(b)
To show:
The set of English words that contain both an x and q. Express this set as a combination of A and B.
To determine
(c)
To show:
The set of English words that contain an x but not q.
Express this set as a combination of A and B.
To determine
(d)
To show:
The set of English words that do not contain either an x or q. Express this set as a combination of A and B.
To determine
(e)
To show:
The set of English words thatcontainan x or q, but not both. Express this set as a combination of A and B.
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To compare two elementary schools regarding teaching of reading skills, 12 sets of identical twins were used. In each case, one child was selected at random and sent to school A, and his or her twin was sent to school B. Near the end of fifth grade, an achievement test was given to each child. The results follow:
Twin Pair
1
2
3
4
5
6
School A
169
157
115
99
119
113
School B
123
157
112
99
121
122
Twin Pair
7
8
9
10
11
12
School A
120
121
124
145
138
117
School B
153
90
124
140
142
102
Suppose a sign test for matched pairs with a 1% level of significance is used to test the hypothesis that the schools have the same effectiveness in teaching reading skills against the alternate hypothesis that the schools have different levels of effectiveness in teaching reading skills. Let p denote portion of positive signs when the scores of school B are subtracted from the corresponding scores of school…
A horse trainer teaches horses to jump by using two methods of instruction. Horses being taught by method A have a lead horse that accompanies each jump. Horses being taught by method B have no lead horse. The table shows the number of training sessions required before each horse performed the jumps properly.
Method A
25
23
39
29
37
20
Method B
41
21
46
42
24
44
Method A
45
35
27
31
34
49
Method B
26
43
47
32
40
Use a rank-sum test with a5% level of significance to test the claim that there is no difference between the training sessions distributions. If the value of the sample test statistic R, the rank-sum, is 150, calculate the P-value. Round your answer to four decimal places.
Chapter 2 Solutions
DISCRETE MATHEMATICS+ITS APPL. (LL)-W/A
Ch. 2.1 - List the members of these sets. { xx is a real...Ch. 2.1 - Use set builder notation to give a description of...Ch. 2.1 - Which of the intervals (0, 5), (0, 5], [0, 5), [0,...Ch. 2.1 - For each of these intervals, list all its elements...Ch. 2.1 - For each of these pairs of sets, determine whether...Ch. 2.1 - For each of these pairs of sets, determine whether...Ch. 2.1 - Prob. 7ECh. 2.1 - Prob. 8ECh. 2.1 - For each of the following sets, determine whether...Ch. 2.1 - Prob. 10E
Ch. 2.1 - Determine whether each of these statements is true...Ch. 2.1 - Determine whether these statements are true or...Ch. 2.1 - Determine whether each of these statements is true...Ch. 2.1 - Prob. 14ECh. 2.1 - Use a Venn diagram to illustrate the set of all...Ch. 2.1 - Prob. 16ECh. 2.1 - Use a Venn diagram to illustrate the re1ationships...Ch. 2.1 - Use a Venn diagram to illustrate the relationships...Ch. 2.1 - Prob. 19ECh. 2.1 - Prob. 20ECh. 2.1 - What is the cardinality of each of these sets? {a}...Ch. 2.1 - What is the cardinality of each of these sets? {}...Ch. 2.1 - Prob. 23ECh. 2.1 - Prob. 24ECh. 2.1 - How many elements does each of these sets have...Ch. 2.1 - Determine whether each of these sets is the power...Ch. 2.1 - Prove that P(A)P(B) if and only if AB .Ch. 2.1 - Show that if AC and BD , then ABCDCh. 2.1 - Let A={a,b,c,d} and B={y,z} . Find AB . BA .Ch. 2.1 - Prob. 30ECh. 2.1 - That is the Cartesian product ABC , where A is the...Ch. 2.1 - Prob. 32ECh. 2.1 - Prob. 33ECh. 2.1 - Let A={a,b,c} , B={x,y} , and C={0,l} . Find ABC ....Ch. 2.1 - Find A2 if A={0,1,3} A={1,2,a,b}Ch. 2.1 - Find A3 if A={a} A={0,a}Ch. 2.1 - How many different elements does AB have if A has...Ch. 2.1 - How many different elements does ABC have if A has...Ch. 2.1 - How many different elements does An have when A...Ch. 2.1 - Show that ABBA , when A and B are nonempty, unless...Ch. 2.1 - Explain why ABC and (AB)C are not the same.Ch. 2.1 - Explain why (AB)(CD) and A(BC)D are not the same.Ch. 2.1 - Prove or disprove that if A and B are sets, then...Ch. 2.1 - Prove or disprove that if A, B, and C are nonempty...Ch. 2.1 - Translate each of these quantifications into...Ch. 2.1 - Translate each of these quantifications into...Ch. 2.1 - Find the truth set of each of these predicates...Ch. 2.1 - Find the truth set of each of these predicates...Ch. 2.1 - Prob. 49ECh. 2.1 - Prob. 50ECh. 2.1 - Prob. 51ECh. 2.2 - Prob. 1ECh. 2.2 - Suppose that A is the set of sophomores at your...Ch. 2.2 - Let A={1,2,3,4,5} and B={0,3,6} . Find AB . AB ....Ch. 2.2 - Let A={a,b,c,d,e} and B={a,b,c,d,e,f,g,h} . Find...Ch. 2.2 - Prob. 5ECh. 2.2 - Prob. 6ECh. 2.2 - Prob. 7ECh. 2.2 - Prob. 8ECh. 2.2 - Prob. 9ECh. 2.2 - Prob. 10ECh. 2.2 - Prob. 11ECh. 2.2 - Prob. 12ECh. 2.2 - TABLE 1 Set Identities. Identity Name AU=AA=A...Ch. 2.2 - Prob. 14ECh. 2.2 - Prob. 15ECh. 2.2 - Prob. 16ECh. 2.2 - Show that if A and B are sets in a universe U then...Ch. 2.2 - Prob. 18ECh. 2.2 - Prob. 19ECh. 2.2 - Prob. 20ECh. 2.2 - Prob. 21ECh. 2.2 - Prob. 22ECh. 2.2 - Prob. 23ECh. 2.2 - Prob. 24ECh. 2.2 - Prob. 25ECh. 2.2 - Let A, B, and C be sets. Show that (AB)C=(AC)(BC)...Ch. 2.2 - Prob. 27ECh. 2.2 - Prob. 28ECh. 2.2 - Prob. 29ECh. 2.2 - Prob. 30ECh. 2.2 - Prob. 31ECh. 2.2 - Prob. 32ECh. 2.2 - Let A and B be subsets of a universal set U. Show...Ch. 2.2 - Let A, B, and C be sets. Use the identity AB=AB ,...Ch. 2.2 - Prob. 35ECh. 2.2 - Prob. 36ECh. 2.2 - Prove or disprove that for all sets A, B, and C,...Ch. 2.2 - Prob. 38ECh. 2.2 - Prob. 39ECh. 2.2 - Prob. 40ECh. 2.2 - Prob. 41ECh. 2.2 - Prob. 42ECh. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - Prob. 44ECh. 2.2 - Prob. 45ECh. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - Prob. 47ECh. 2.2 - Prob. 48ECh. 2.2 - Prob. 49ECh. 2.2 - Prob. 50ECh. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - Prob. 52ECh. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - Prob. 54ECh. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - Prob. 58ECh. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - The symmetric difference of A and B, denoted by AB...Ch. 2.2 - Prob. 64ECh. 2.2 - Prob. 65ECh. 2.2 - Prob. 66ECh. 2.2 - Prob. 67ECh. 2.2 - Prob. 68ECh. 2.2 - Prob. 69ECh. 2.2 - The successor of the set A is the set A{A} ....Ch. 2.2 - The Jaccard similarity J(A,B) of the finite sets A...Ch. 2.2 - Prob. 72ECh. 2.2 - Prob. 73ECh. 2.2 - Prob. 74ECh. 2.2 - Prob. 75ECh. 2.3 - Why is f not a function from R to R if f(x)=1/x?...Ch. 2.3 - Determine whether f is a function from Z to R if...Ch. 2.3 - Prob. 3ECh. 2.3 - Find the domain and range of these functions. Note...Ch. 2.3 - Find the domain and range of these functions. Note...Ch. 2.3 - Find the domain and range of these functions. the...Ch. 2.3 - Find the domain and range of these functions. the...Ch. 2.3 - Find these values. 1.1 1.1 0.1 0.1 2.99 2.99 12+12...Ch. 2.3 - Find these values. 34 78 34 78 3 1 12+32 1252Ch. 2.3 - Prob. 10ECh. 2.3 - Which functions in Exercise 10 are onto? Determine...Ch. 2.3 - Determine whether each of these functions from Z...Ch. 2.3 - Prob. 13ECh. 2.3 - Determine whether f:ZZZ is onto if f(m,n)=2mn ....Ch. 2.3 - Determine whether the function f:ZZZ is onto if...Ch. 2.3 - Consider these functions from the set of students...Ch. 2.3 - Consider these functions from the set of teachers...Ch. 2.3 - Specify a codomain for each of the functions in...Ch. 2.3 - Specify a codomain for each of the functions in...Ch. 2.3 - Prob. 20ECh. 2.3 - Give an explicit formula for a function from the...Ch. 2.3 - Determine whether each of these functions is a...Ch. 2.3 - Determine whether each of these functions is a...Ch. 2.3 - Let f:RR and let f(x)0 for all xR . Show that f(x)...Ch. 2.3 - Let f:RR and 1et f(x)0 for all xR . Show that f(x)...Ch. 2.3 - Prove that a strictly increasing function from R...Ch. 2.3 - Prob. 27ECh. 2.3 - Show that the function f(x)=ex from the set of...Ch. 2.3 - Prob. 29ECh. 2.3 - Let S={1,0,2,4,7} . Find f(S) if f(x)=1 ....Ch. 2.3 - Let f(x)=x2/3 . Find f(S) if S={2,1,0,1,2,3}...Ch. 2.3 - Let f(x)=2x where the domain is the set of real...Ch. 2.3 - Prob. 33ECh. 2.3 - Suppose that g is a function from A to B and f is...Ch. 2.3 - Prob. 35ECh. 2.3 - If f and fog are one-to-one, does it follow that g...Ch. 2.3 - Prob. 37ECh. 2.3 - Find fog and gof where f(x)=x2 and g(x)=x+2 , are...Ch. 2.3 - Prob. 39ECh. 2.3 - Let f(x)ax+b and g(x)=cx+d , where a, b, c, and d...Ch. 2.3 - Show that the function f(x)ax+b from R to R, where...Ch. 2.3 - Prob. 42ECh. 2.3 - Prob. 43ECh. 2.3 - Let f be the function from R to R defined by...Ch. 2.3 - Let g(x)=|x| . Find g1({0}) . g1({1,0,1}) ....Ch. 2.3 - Prob. 46ECh. 2.3 - Prob. 47ECh. 2.3 - Show x+12 is the closest integer to the number x...Ch. 2.3 - Prob. 49ECh. 2.3 - Show that if x is a real number, then xx=1 if x is...Ch. 2.3 - Prob. 51ECh. 2.3 - Prob. 52ECh. 2.3 - Prob. 53ECh. 2.3 - Show that if x is a real number and n is an...Ch. 2.3 - Prob. 55ECh. 2.3 - Prove that if x is a real number, then x=x and x=x...Ch. 2.3 - Prob. 57ECh. 2.3 - Prob. 58ECh. 2.3 - Prob. 59ECh. 2.3 - How many bytes are required to encode n bits of...Ch. 2.3 - How many bytes are required to encode n bits of...Ch. 2.3 - How many ATM cells (described in Example 30) can...Ch. 2.3 - Data are transmitted over a particular Ethernet...Ch. 2.3 - Draw the graph of the function f(n)=1n2 from Z to...Ch. 2.3 - Draw the graph of the function f(x)=2x from R to...Ch. 2.3 - Draw the graph of the function f(x)=x/2 from R to...Ch. 2.3 - Prob. 67ECh. 2.3 - Draw the graph of the function f(x)=x+x/2 from R...Ch. 2.3 - Draw graphs of each of these functions. f(x)=x+12...Ch. 2.3 - Prob. 70ECh. 2.3 - Find the inverse function of f(x)=x3+1 .Ch. 2.3 - Suppose that f is an invertible function from Y to...Ch. 2.3 - Let S be a subset of a universal set U. The...Ch. 2.3 - Suppose that f is a function from A to B, where A...Ch. 2.3 - Prove or disprove each of these statements about...Ch. 2.3 - Prove or disprove each of these statements about...Ch. 2.3 - Prove that if x is a positive real number, then...Ch. 2.3 - Let x be a real number. Show that 3x=x+x+13+x+23 .Ch. 2.3 - For each of these partial functions, determine its...Ch. 2.3 - Prob. 80ECh. 2.3 - Prob. 81ECh. 2.3 - Show that a set S is infinite if and only if there...Ch. 2.4 - Find these terms of the sequence {an} , where...Ch. 2.4 - What is the term a8 of the sequence {an} if an ,...Ch. 2.4 - What are the terms a0,a1,a2 , and a3 of the...Ch. 2.4 - What are the terms a0,a1,a2 , and a3 of the...Ch. 2.4 - List the first 10 terms of each of these...Ch. 2.4 - List the first lo terms of each of these...Ch. 2.4 - Find at least three different sequences beginning...Ch. 2.4 - Find at least three different sequences beginning...Ch. 2.4 - Find the first five terms of the sequence defined...Ch. 2.4 - Find the first six terms of the sequence defined...Ch. 2.4 - Let an=2n+53n for n=0,1,2,,... Find a0,a1,a2,a3 ,...Ch. 2.4 - Show that the sequence {an} is a solution of the...Ch. 2.4 - Is the sequence {an} a solution of the recurrence...Ch. 2.4 - For each of these sequences find a recurrence...Ch. 2.4 - Show that the sequence {an} is a solution of the...Ch. 2.4 - Find the solution to each of these recurrence...Ch. 2.4 - Find the solution to each of these recurrence...Ch. 2.4 - A person deposits $1000 in an account that yields...Ch. 2.4 - Suppose that the number of bacteria in a colony...Ch. 2.4 - Assume that the population of the world in 2017...Ch. 2.4 - A factory makes custom sports cars at an...Ch. 2.4 - An employee joined a company in 2017 with a...Ch. 2.4 - Find a recurrence relation for the balance B(k)...Ch. 2.4 - Find a recurrence relation for the balance B(k)...Ch. 2.4 - For each of these lists of integers, provide a...Ch. 2.4 - For each of these lists of integers, provide a...Ch. 2.4 - *27. Show that if an denotes the nth positive...Ch. 2.4 - Let an , be the nth term of the sequence 1, 2, 2,...Ch. 2.4 - What are the values of these sums? k=15(k+1)...Ch. 2.4 - What are the values of these sums, where...Ch. 2.4 - What is the value of each of these sums of terms...Ch. 2.4 - Find the value of each of these sums. j=08(1+ ( 1...Ch. 2.4 - Compute each of these double sums. i=12j=13( i+j)...Ch. 2.4 - Compute each of these double sums. i=13j=12( i+j)...Ch. 2.4 - Show that j=1n(aja j1)=ana0 , where a0,a1,...,an...Ch. 2.4 - Use the identity 1/(k(k+1))=1/k1/(k+1) and...Ch. 2.4 - Sum both sides of the identity k2(k21)2=2k1 from...Ch. 2.4 - Use the technique given in Exercise 35, together...Ch. 2.4 - Find k=100200k . (Use Table 2.) TABLE 2 Some...Ch. 2.4 - Prob. 40ECh. 2.4 - Find k=1020k2(k3) . (Use Table 2.) TABLE 2 Some...Ch. 2.4 - Find . k=1020(k1)(2k2+1) (Use Table 2.) TABLE 2...Ch. 2.4 - Find a formula for k=0mk , when m is a positive...Ch. 2.4 - Find a formula for k=0mk3 , when m is a positive...Ch. 2.4 - There is also a special notation for products. The...Ch. 2.4 - Express n! using product notation.Ch. 2.4 - Find j=04j! .Ch. 2.4 - Find j=04j! .Ch. 2.5 - Prob. 1ECh. 2.5 - Determine whether each of these sets is finite,...Ch. 2.5 - Determine whether each of these sets is countable...Ch. 2.5 - Determine whether each of these sets is countable...Ch. 2.5 - Show that a finite group of guests arriving at...Ch. 2.5 - Suppose that Hilbert’s Grand Hotel is fully...Ch. 2.5 - Suppose that Hilbert’s Grand Hotel is fully...Ch. 2.5 - Show that a countably infinite number of guests...Ch. 2.5 - Suppose that a countably infinite number of buses,...Ch. 2.5 - Give an example of two uncountable sets A and B...Ch. 2.5 - Give an example of two uncountable sets A and B...Ch. 2.5 - Prob. 12ECh. 2.5 - Prob. 13ECh. 2.5 - Prob. 14ECh. 2.5 - Prob. 15ECh. 2.5 - Show that a subset of a countable set is also...Ch. 2.5 - Prob. 17ECh. 2.5 - Prob. 18ECh. 2.5 - Prob. 19ECh. 2.5 - Show that if |A|=|B| and |B|=|C| , then |A|=|C| .Ch. 2.5 - Prob. 21ECh. 2.5 - Suppose that A is a countable set. Show that the...Ch. 2.5 - Prob. 23ECh. 2.5 - Prob. 24ECh. 2.5 - Prob. 25ECh. 2.5 - Prob. 26ECh. 2.5 - Show that the union of a countable number of...Ch. 2.5 - Show that the set Z+Z+ is countableCh. 2.5 - Prob. 29ECh. 2.5 - Show that the set of real numbers that are...Ch. 2.5 - Show that Z+Z+ t is countable by showing that the...Ch. 2.5 - Show that when you substitute (3n+1)2 for each...Ch. 2.5 - Prob. 33ECh. 2.5 - Show that (0, 1) and R have the same cardinality...Ch. 2.5 - Prob. 35ECh. 2.5 - Prob. 36ECh. 2.5 - Show that the set of all computer programs in a...Ch. 2.5 - Prob. 38ECh. 2.5 - Prob. 39ECh. 2.5 - Show that if S is a set, then there does not exist...Ch. 2.5 - In this exercise, we prove the Schröder-Bernstein...Ch. 2.6 - Let A=[111320461137] . What size is A? What is the...Ch. 2.6 - Find A + B, where A=[104122022],B=[135223230]...Ch. 2.6 - Find AB if A=[2132],B=[0413] A=[110123],B=[321102]...Ch. 2.6 - Find the product AB, where...Ch. 2.6 - Find a matrix A such that [2314]A=[3012] . [Hint:...Ch. 2.6 - Find a matric A such that [132211403]A=[713103137]Ch. 2.6 - Prob. 7ECh. 2.6 - Prob. 8ECh. 2.6 - Prob. 9ECh. 2.6 - Prob. 10ECh. 2.6 - Prob. 11ECh. 2.6 - In this exercise we show that matrix...Ch. 2.6 - Prob. 13ECh. 2.6 - The nn matrix A=[aij] is called a diagonal matrix...Ch. 2.6 - Let A=[1101] . Find a formula for An , whenever n...Ch. 2.6 - Show that (At)t=A .Ch. 2.6 - Prob. 17ECh. 2.6 - Show that [231121113] Is the inverse of...Ch. 2.6 - Prob. 19ECh. 2.6 - Prob. 20ECh. 2.6 - Prob. 21ECh. 2.6 - Prob. 22ECh. 2.6 - Prob. 23ECh. 2.6 - Prob. 24ECh. 2.6 - Prob. 25ECh. 2.6 - Let A=[1101] and B=[0110] Find AB . AB . AB .Ch. 2.6 - Prob. 27ECh. 2.6 - Find the Boolean product of A and B, where...Ch. 2.6 - Prob. 29ECh. 2.6 - Let A be a zeroone matrix. Show that AA=A . AA=A .Ch. 2.6 - Prob. 31ECh. 2.6 - Prob. 32ECh. 2.6 - Prob. 33ECh. 2.6 - Prob. 34ECh. 2.6 - In this exercise we will show that the Boolean...Ch. 2 - Prob. 1RQCh. 2 - What is the empty set? Show that the empty set is...Ch. 2 - Define |S|, the cardinality of the set S. Give a...Ch. 2 - Define the power set of a set S. When is the empty...Ch. 2 - Define the union. intersection, difference, and...Ch. 2 - Prob. 6RQCh. 2 - Explain the relationship between logical...Ch. 2 - Prob. 8RQCh. 2 - Prob. 9RQCh. 2 - Define the inverse of a function. When does a...Ch. 2 - Prob. 11RQCh. 2 - Conjecture a formula for the terms of the sequence...Ch. 2 - Prob. 13RQCh. 2 - What is the sum of the terms of the geometric...Ch. 2 - Show that the set of odd integers is countable.Ch. 2 - Prob. 16RQCh. 2 - Prob. 17RQCh. 2 - Prob. 18RQCh. 2 - Prob. 1SECh. 2 - Prob. 2SECh. 2 - Prob. 3SECh. 2 - Prob. 4SECh. 2 - Prob. 5SECh. 2 - Prob. 6SECh. 2 - Prob. 7SECh. 2 - Prob. 8SECh. 2 - Prob. 9SECh. 2 - Prob. 10SECh. 2 - Prob. 11SECh. 2 - Prob. 12SECh. 2 - Prob. 13SECh. 2 - Prob. 14SECh. 2 - Prob. 15SECh. 2 - *16. Suppose that f is a function from the set A...Ch. 2 - Prob. 17SECh. 2 - Prob. 18SECh. 2 - Prob. 19SECh. 2 - Prob. 20SECh. 2 - Prob. 21SECh. 2 - Prob. 22SECh. 2 - Prob. 23SECh. 2 - Prove that if x is a real number, then x/2/2=x/4 .Ch. 2 - Prob. 25SECh. 2 - Prob. 26SECh. 2 - Prove that if m is a positive integer and x is a...Ch. 2 - We define the Ulam numbers by setting u1=1 and...Ch. 2 - Prob. 29SECh. 2 - Determine a rule for generating the terms of the...Ch. 2 - Prob. 31SECh. 2 - Prob. 32SECh. 2 - Prob. 33SECh. 2 - Show that the set of all finite subsets of the set...Ch. 2 - Prob. 35SECh. 2 - Prob. 36SECh. 2 - Prob. 37SECh. 2 - Prob. 38SECh. 2 - Prob. 39SECh. 2 - Prob. 40SECh. 2 - Prob. 41SECh. 2 - Prob. 1CPCh. 2 - Prob. 2CPCh. 2 - Prob. 3CPCh. 2 - Prob. 4CPCh. 2 - Prob. 5CPCh. 2 - Prob. 6CPCh. 2 - Prob. 7CPCh. 2 - Prob. 8CPCh. 2 - Prob. 9CPCh. 2 - Prob. 10CPCh. 2 - Prob. 11CPCh. 2 - Prob. 12CPCh. 2 - Prob. 1CAECh. 2 - Prob. 2CAECh. 2 - Use a computational program or programs you have...Ch. 2 - Prob. 4CAECh. 2 - Prob. 5CAECh. 2 - Use a computational program or programs you have...Ch. 2 - Prob. 1WPCh. 2 - Research where the concept of a function first...Ch. 2 - Explain the different ways in which the...Ch. 2 - Define the recently invented EKG sequence and...Ch. 2 - Prob. 5WPCh. 2 - Expand the discussion of the continuum hypothesis...
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- A data processing company has a training program for new salespeople. After completing the training program, each trainee is ranked by his or her instructor. After a year of sales, the same class of trainees is again ranked by a company supervisor according to net value of the contracts they have acquired for the company. The results for a random sample of 11 salespeople trained in the last year follow, where x is rank in training class and y is rank in sales after 1 year. Lower ranks mean higher standing in class and higher net sales. Person 1 2 3 4 5 6 x rank 8 11 2 4 5 3 y rank 7 10 1 3 2 4 Person 7 8 9 10 11 x rank 7 9 10 1 6 y rank 8 11 9 6 5 Using a 1% level of significance, test the claim that the relation between x and y is monotone (either increasing or decreasing). Verify that the Spearman rank correlation coefficient . This implies that the P-value lies between 0.002 and 0.01. State…arrow_forwardSand and clay studies were conducted at a site in California. Twelve consecutive depths, each about 15 cm deep, were studied and the following percentages of sand in the soil were recorded. 34.4 27.1 30.8 28.0 32.2 27.6 32.8 25.2 31.4 33.5 24.7 28.4 Converting this sequence of numbers to a sequence of symbols A and B, where A indicates a value above the median and B denotes a value below the median gives ABABABABAABB. Test the sequence for randomness about the median with a 5% level of significance. Verify that the number of runs is 10. What is the upper critical value c2? arrow_forwardSand and clay studies were conducted at a site in California. Twelve consecutive depths, each about 15 cm deep, were studied and the following percentages of sand in the soil were recorded. 34.4 27.1 30.8 28.0 32.2 27.6 32.8 25.2 31.4 33.5 24.7 28.4 Converting this sequence of numbers to a sequence of symbols A and B, where A indicates a value above the median and B denotes a value below the median gives ABABABABAABB. Test the sequence for randomness about the median with a 5% level of significance. Verify that the number of runs is 10. What is the upper critical value c2?arrow_forward
- 29% of all college students major in STEM (Science, Technology, Engineering, and Math). If 46 college students are randomly selected, find the probability thata. Exactly 11 of them major in STEM. b. At most 12 of them major in STEM. c. At least 11 of them major in STEM. d. Between 11 and 15 (including 11 and 15) of them major in STEM.arrow_forwardSand and clay studies were conducted at a site in California. Twelve consecutive depths, each about 15 cm deep, were studied and the following percentages of sand in the soil were recorded. 27.3 34.6 30.6 27.8 33.4 31.5 27.3 31.2 32.0 24.7 24.4 28.2 Test this sequence for randomness about the median. Converting this sequence of numbers to a sequence of symbols A and B, where A indicates a value above the median and B denotes a value below the median gives BAABAABAABBB. Verify that the number of runs is 7, the lower critical number is 3, and the upper critical number is 11. Use a 5% level of significance. State the conclusion of the test and interpret your results.arrow_forward29% of all college students major in STEM (Science, Technology, Engineering, and Math). If 46 college students are randomly selected, find the probability thata. Exactly 11 of them major in STEM. b. At most 12 of them major in STEM. c. At least 11 of them major in STEM. d. Between 11 and 15 (including 11 and 15) of them major in STEM.arrow_forward
- 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
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