Finite Mathematics for the Managerial, Life, and Social Sciences, 11th Edition
11th Edition
ISBN: 9781285464657
Author: Soo T. Tan
Publisher: Brooks Cole
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Chapter 2.3, Problem 46E
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You are provided with data that includes all 50 states of the United States. Your task is to draw a sample of: o 20 States using Random Sampling (2 points: 1 for random number generation; 1 for random sample) o 10 States using Systematic Sampling (4 points: 1 for random numbers generation; 1 for random sample different from the previous answer; 1 for correct K value calculation table; 1 for correct sample drawn by using systematic sampling) (For systematic sampling, do not use the original data directly. Instead, first randomize the data, and then use the randomized dataset to draw your sample. Furthermore, do not use the random list previously generated, instead, generate a new random sample for this part. For more details, please see the snapshot provided at the end.) Upload a Microsoft Excel file with two separate sheets. One sheet provides random sampling while the other provides systematic sampling. Excel snapshots that can help you in organizing columns are provided on the next…
Chapter 2 Solutions
Finite Mathematics for the Managerial, Life, and Social Sciences, 11th Edition
Ch. 2.1 - Suppose you are given a system of two linear...Ch. 2.1 - Suppose you are given a system of two linear...Ch. 2.1 - In Exercises 116, determine whether each system of...Ch. 2.1 - In Exercises 116, determine whether each system of...Ch. 2.1 - Prob. 3ECh. 2.1 - Prob. 4ECh. 2.1 - Prob. 5ECh. 2.1 - Prob. 6ECh. 2.1 - Prob. 7ECh. 2.1 - Prob. 8E
Ch. 2.1 - Prob. 9ECh. 2.1 - Prob. 10ECh. 2.1 - Prob. 11ECh. 2.1 - Prob. 12ECh. 2.1 - Prob. 13ECh. 2.1 - Prob. 14ECh. 2.1 - Prob. 15ECh. 2.1 - Prob. 16ECh. 2.1 - Prob. 17ECh. 2.1 - Prob. 18ECh. 2.1 - Determine the value of k for which the system of...Ch. 2.1 - Determine the value of k for which the system of...Ch. 2.1 - Determine the conditions on a and b for which the...Ch. 2.1 - Determine the conditions on a, b, c and d for...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - Prob. 29ECh. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - Prob. 31ECh. 2.1 - Prob. 32ECh. 2.1 - Prob. 33ECh. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - Prob. 35ECh. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - In Exercises 23-44, formulate but do not solve the...Ch. 2.1 - Prob. 44ECh. 2.1 - Prob. 45ECh. 2.1 - In Exercises 45-48, determine whether the...Ch. 2.1 - In Exercises 45-48, determine whether the...Ch. 2.1 - Prob. 48ECh. 2.2 - a. Explain what it means for two systems of linear...Ch. 2.2 - a. What is an augmented matrix? A coefficient...Ch. 2.2 - Suppose that a matrix is in row reduced form....Ch. 2.2 - In Exercises 14, write the augmented matrix...Ch. 2.2 - Prob. 2ECh. 2.2 - In Exercises 14, write the augmented matrix...Ch. 2.2 - In Exercises 14, write the augmented matrix...Ch. 2.2 - In Exercises 58, write the system of equations...Ch. 2.2 - Prob. 6ECh. 2.2 - Prob. 7ECh. 2.2 - In Exercises 58, write the system of equations...Ch. 2.2 - In Exercises 918, indicate whether the matrix is...Ch. 2.2 - Prob. 10ECh. 2.2 - Prob. 11ECh. 2.2 - Prob. 12ECh. 2.2 - Prob. 13ECh. 2.2 - In Exercises 918, indicate whether the matrix is...Ch. 2.2 - Prob. 15ECh. 2.2 - In Exercises 918, indicate whether the matrix is...Ch. 2.2 - Prob. 17ECh. 2.2 - Prob. 18ECh. 2.2 - Prob. 19ECh. 2.2 - Prob. 20ECh. 2.2 - Prob. 21ECh. 2.2 - Prob. 22ECh. 2.2 - In Exercises 1926, pivot the system about the...Ch. 2.2 - In Exercises 1926, pivot the system about the...Ch. 2.2 - Prob. 25ECh. 2.2 - In Exercises 1926, pivot the system about the...Ch. 2.2 - Prob. 27ECh. 2.2 - Prob. 28ECh. 2.2 - In Exercises 2730, fill in the missing entries by...Ch. 2.2 - Prob. 30ECh. 2.2 - Prob. 31ECh. 2.2 - Prob. 32ECh. 2.2 - Prob. 33ECh. 2.2 - Prob. 34ECh. 2.2 - In Exercises 3556, solve the system of linear...Ch. 2.2 - Prob. 36ECh. 2.2 - In Exercises 3556, solve the system of linear...Ch. 2.2 - Prob. 38ECh. 2.2 - In Exercises 3556, solve the system of linear...Ch. 2.2 - Prob. 40ECh. 2.2 - In Exercises 3556, solve the system of linear...Ch. 2.2 - Prob. 42ECh. 2.2 - In Exercises 3556, solve the system of linear...Ch. 2.2 - Prob. 44ECh. 2.2 - In Exercises 3556, solve the system of linear...Ch. 2.2 - Prob. 46ECh. 2.2 - In Exercises 3556, solve the system of linear...Ch. 2.2 - Prob. 48ECh. 2.2 - Prob. 49ECh. 2.2 - In Exercises 3556, solve the system of linear...Ch. 2.2 - Prob. 51ECh. 2.2 - In Exercises 3556, solve the system of linear...Ch. 2.2 - Prob. 53ECh. 2.2 - Prob. 54ECh. 2.2 - Prob. 55ECh. 2.2 - Prob. 56ECh. 2.2 - Prob. 57ECh. 2.2 - Prob. 58ECh. 2.2 - The problems in Exercises 6182 correspond to those...Ch. 2.2 - The problems in Exercises 6182 correspond to those...Ch. 2.2 - The problems in Exercises 6182 correspond to those...Ch. 2.2 - The problems in Exercises 6182 correspond to those...Ch. 2.2 - The problems in Exercises 6182 correspond to those...Ch. 2.2 - The problems in Exercises 6182 correspond to those...Ch. 2.2 - Prob. 65ECh. 2.2 - Prob. 66ECh. 2.2 - Prob. 67ECh. 2.2 - Prob. 68ECh. 2.2 - USING DIGITAL TECHNOLOGY A survey of 500 college...Ch. 2.2 - The problems in Exercises 61-82 correspond to...Ch. 2.2 - Prob. 71ECh. 2.2 - Prob. 72ECh. 2.2 - BUDGET ALLOCATION FOR AUTO FLEET The management of...Ch. 2.2 - INVESTMENT RISK AND RETURN The management of a...Ch. 2.2 - DIET PLANNING A dietitian wishes to plan a meal...Ch. 2.2 - ASSET ALLOCATION Mr. and Mrs. Garcia have a total...Ch. 2.2 - BOX-OFFICE RECEIPTS For the opening night at the...Ch. 2.2 - PRODUCTION SCHEDULING A manufacturer of womens...Ch. 2.2 - BUSINESS TRAVEL EXPENSES An executive of Trident...Ch. 2.2 - VACATION COSTS Joan and Dick spent 2 weeks 14...Ch. 2.2 - Prob. 81ECh. 2.2 - Prob. 82ECh. 2.2 - Prob. 1TECh. 2.2 - Prob. 2TECh. 2.2 - Prob. 3TECh. 2.2 - Prob. 4TECh. 2.2 - Prob. 5TECh. 2.2 - Prob. 6TECh. 2.3 - If a system of linear equations has the same...Ch. 2.3 - If a system of linear equations has fewer...Ch. 2.3 - A system consists of three linear equations in...Ch. 2.3 - In Exercises 114, given that the augmented matrix...Ch. 2.3 - Prob. 2ECh. 2.3 - Prob. 3ECh. 2.3 - In Exercises 114, given that the augmented matrix...Ch. 2.3 - Prob. 5ECh. 2.3 - Prob. 6ECh. 2.3 - In Exercises 114, given that the augmented matrix...Ch. 2.3 - Prob. 8ECh. 2.3 - Prob. 9ECh. 2.3 - Prob. 10ECh. 2.3 - Prob. 11ECh. 2.3 - Prob. 12ECh. 2.3 - Prob. 13ECh. 2.3 - Prob. 14ECh. 2.3 - Prob. 15ECh. 2.3 - In Exercises 1536, solve the system of linear...Ch. 2.3 - Prob. 17ECh. 2.3 - Prob. 18ECh. 2.3 - Prob. 19ECh. 2.3 - Prob. 20ECh. 2.3 - Prob. 21ECh. 2.3 - In Exercises 1536, solve the system of linear...Ch. 2.3 - Prob. 23ECh. 2.3 - Prob. 24ECh. 2.3 - Prob. 25ECh. 2.3 - Prob. 26ECh. 2.3 - Prob. 27ECh. 2.3 - Prob. 28ECh. 2.3 - Prob. 29ECh. 2.3 - Prob. 30ECh. 2.3 - Prob. 31ECh. 2.3 - Prob. 32ECh. 2.3 - Prob. 33ECh. 2.3 - In Exercises 1536, solve the system of linear...Ch. 2.3 - In Exercises 1536, solve the system of linear...Ch. 2.3 - In Exercises 1536, solve the system of linear...Ch. 2.3 - MANAGEMENT DECISIONS The management of Hartman...Ch. 2.3 - DIET PLANNING A dietitian wises to plan a meal...Ch. 2.3 - Prob. 39ECh. 2.3 - PRODUCTION SCHEDULING Ace Novelty manufactures...Ch. 2.3 - ASSET ALLOCATION Mr. and Mrs. Garcia have a total...Ch. 2.3 - TRAFFIC CONTROL The accompanying figure shows the...Ch. 2.3 - TRAFFIC CONTROL The accompanying figure shows the...Ch. 2.3 - CRIMINAL JUSTICE The body of Alisha was discovered...Ch. 2.3 - Prob. 45ECh. 2.3 - Prob. 46ECh. 2.3 - Determine the value of k such that the following...Ch. 2.3 - Determine the value of k such that the following...Ch. 2.3 - Prob. 49ECh. 2.3 - Prob. 50ECh. 2.3 - Prob. 51ECh. 2.3 - Prob. 52ECh. 2.3 - Prob. 53ECh. 2.3 - Prob. 54ECh. 2.3 - Prob. 1TECh. 2.3 - Prob. 2TECh. 2.3 - Prob. 3TECh. 2.3 - Prob. 4TECh. 2.3 - Prob. 5TECh. 2.3 - Prob. 6TECh. 2.4 - Define a a matrix, b the size of a matrix, c a row...Ch. 2.4 - When are two matrices equal? Give an example of...Ch. 2.4 - a. What condition on a size of matrices A and B...Ch. 2.4 - Prob. 4CQCh. 2.4 - In Exercises 16. refer to the following matrices:...Ch. 2.4 - In Exercises 1-6. refer to the following matrices:...Ch. 2.4 - In Exercises 16. refer to the following matrices:...Ch. 2.4 - In Exercises 1-6. refer to the following matrices:...Ch. 2.4 - Prob. 5ECh. 2.4 - Prob. 6ECh. 2.4 - In Exercise 712, refer to the following matrices:...Ch. 2.4 - In Exercise 712, refer to the following matrices:...Ch. 2.4 - Prob. 9ECh. 2.4 - Prob. 10ECh. 2.4 - Prob. 11ECh. 2.4 - In Exercises 712, refer to the following matrices:...Ch. 2.4 - In Exercises 1322, perform the indicated...Ch. 2.4 - Prob. 14ECh. 2.4 - In Exercises 1322, perform the indicated...Ch. 2.4 - In Exercises 1322, perform the indicated...Ch. 2.4 - Prob. 17ECh. 2.4 - Prob. 18ECh. 2.4 - In Exercise 13-22, perform the indicated...Ch. 2.4 - Prob. 20ECh. 2.4 - In Exercises 13-22, perform the indicated...Ch. 2.4 - In Exercises 13-22, perform the indicated...Ch. 2.4 - Prob. 23ECh. 2.4 - Prob. 24ECh. 2.4 - In Exercises 23-26, solve for u, x, y, and z in...Ch. 2.4 - Prob. 26ECh. 2.4 - In Exercises 27 and 28, let A=[2103] and B=[2312]...Ch. 2.4 - In Exercises 27 and 28, let A=[2103] and B=[2312]...Ch. 2.4 - Prob. 29ECh. 2.4 - Prob. 30ECh. 2.4 - Prob. 31ECh. 2.4 - Prob. 32ECh. 2.4 - Prob. 33ECh. 2.4 - Prob. 34ECh. 2.4 - Prob. 35ECh. 2.4 - Prob. 36ECh. 2.4 - Prob. 37ECh. 2.4 - Prob. 38ECh. 2.4 - Prob. 39ECh. 2.4 - MORTGAGE INTEREST RATES With interest razes low,...Ch. 2.4 - Prob. 41ECh. 2.4 - Prob. 42ECh. 2.4 - Prob. 43ECh. 2.4 - INVESTMENT PORTFOLIOS The following table gives...Ch. 2.4 - Prob. 45ECh. 2.4 - Prob. 46ECh. 2.4 - Prob. 47ECh. 2.4 - STUDENT TEST SCORES For simplicity, suppose there...Ch. 2.4 - Prob. 49ECh. 2.4 - BANKING The numbers of three types of bank...Ch. 2.4 - HOME SALES KR Builders build three models of...Ch. 2.4 - Prob. 52ECh. 2.4 - Prob. 53ECh. 2.4 - Prob. 54ECh. 2.4 - Prob. 55ECh. 2.4 - Prob. 56ECh. 2.4 - Prob. 1TECh. 2.4 - Prob. 2TECh. 2.4 - Prob. 3TECh. 2.4 - Prob. 4TECh. 2.4 - Prob. 5TECh. 2.4 - Prob. 6TECh. 2.4 - Prob. 7TECh. 2.4 - Prob. 8TECh. 2.5 - What is the difference between scalar...Ch. 2.5 - a.Suppose A and B are matrices whose products AB...Ch. 2.5 - Prob. 1ECh. 2.5 - Prob. 2ECh. 2.5 - Prob. 3ECh. 2.5 - In Exercises 1-4, the sizes of matrices A and B...Ch. 2.5 - Let A be a matrix of size mn, and let B be a...Ch. 2.5 - Find conditions on the size of matrix A such that...Ch. 2.5 - In Exercises 724, compute the indicated products....Ch. 2.5 - In Exercises 724, compute the indicated products....Ch. 2.5 - Prob. 9ECh. 2.5 - In Exercises 724, compute the indicated products....Ch. 2.5 - Prob. 11ECh. 2.5 - In Exercises 724, compute the indicated products....Ch. 2.5 - Prob. 13ECh. 2.5 - In Exercises 724, compute the indicated products....Ch. 2.5 - Prob. 15ECh. 2.5 - Prob. 16ECh. 2.5 - Prob. 17ECh. 2.5 - Prob. 18ECh. 2.5 - In Exercises 724, compute the indicated products....Ch. 2.5 - Prob. 20ECh. 2.5 - Prob. 21ECh. 2.5 - In Exercise 724, Compute the indicated products....Ch. 2.5 - Prob. 23ECh. 2.5 - Prob. 24ECh. 2.5 - Prob. 25ECh. 2.5 - In Exercise 25 and 26, let A=[102132211]...Ch. 2.5 - Let A=[1234] and B=[2143] Compute AB and BA,and...Ch. 2.5 - Let A=[030101020] B=[245316434] C=[456316223] a....Ch. 2.5 - Let, A=[3080]B=[0045] Show that AB=0, thereby...Ch. 2.5 - Prob. 30ECh. 2.5 - Prob. 31ECh. 2.5 - Find the matrix A such that [1013]A=[1336] Hint:...Ch. 2.5 - Find the matrix B such that AB=I, where A=[2122]...Ch. 2.5 - Find the matrix B such that AB=I, where A=[1243]...Ch. 2.5 - Prob. 35ECh. 2.5 - Prob. 36ECh. 2.5 - Prob. 37ECh. 2.5 - Prob. 38ECh. 2.5 - Prob. 39ECh. 2.5 - Prob. 40ECh. 2.5 - Prob. 41ECh. 2.5 - In Exercises 39-44, write the given system of...Ch. 2.5 - Prob. 43ECh. 2.5 - Prob. 44ECh. 2.5 - Prob. 45ECh. 2.5 - Prob. 46ECh. 2.5 - Prob. 47ECh. 2.5 - Prob. 48ECh. 2.5 - INVESTMENTS Ashleys stock holding are given by a...Ch. 2.5 - COMPARATIVE SHOPPING Laura is planning to buy two...Ch. 2.5 - Prob. 51ECh. 2.5 - REAL ESTATE Bond Brothers, a real estate...Ch. 2.5 - Prob. 53ECh. 2.5 - Prob. 54ECh. 2.5 - Prob. 55ECh. 2.5 - Prob. 56ECh. 2.5 - VOTER AFFILIATION BY AGE Matrix A gives the...Ch. 2.5 - 401k RETIREMENT PLANS Three network consultants...Ch. 2.5 - College Admissions A university admissions...Ch. 2.5 - Prob. 60ECh. 2.5 - Prob. 61ECh. 2.5 - PRODUCTION PLANNING The total output of the...Ch. 2.5 - DIET PLANNING A dietician plans a meal around...Ch. 2.5 - Prob. 64ECh. 2.5 - Prob. 65ECh. 2.5 - Prob. 66ECh. 2.5 - Prob. 67ECh. 2.5 - Prob. 68ECh. 2.5 - Prob. 1TECh. 2.5 - Prob. 2TECh. 2.5 - Prob. 3TECh. 2.5 - Prob. 4TECh. 2.5 - Prob. 5TECh. 2.5 - Prob. 6TECh. 2.5 - Prob. 7TECh. 2.5 - Prob. 8TECh. 2.5 - Prob. 9TECh. 2.5 - Prob. 10TECh. 2.5 - Prob. 11TECh. 2.5 - Prob. 12TECh. 2.6 - What is the inverse of a matrix A?Ch. 2.6 - Explain how you would find the inverse of a...Ch. 2.6 - Give the formula for the inverse of the 22 matrix....Ch. 2.6 - Explain how the inverse of a matrix can be used to...Ch. 2.6 - In Exercises 14, show that the matrixes are...Ch. 2.6 - In Exercises 14, show that the matrixes are...Ch. 2.6 - In Exercises 14, show that the matrixes are...Ch. 2.6 - Prob. 4ECh. 2.6 - In Exercises 516, find the inverse of the matrix,...Ch. 2.6 - In Exercises 516, find the inverse of the matrix,...Ch. 2.6 - In Exercises 516, find the inverse of the matrix,...Ch. 2.6 - In Exercises 516, find the inverse of the matrix,...Ch. 2.6 - Prob. 9ECh. 2.6 - Prob. 10ECh. 2.6 - In Exercises 516, find the inverse of the matrix,...Ch. 2.6 - Prob. 12ECh. 2.6 - In Exercises 516, find the inverse of the matrix,...Ch. 2.6 - In Exercises 516, find the inverse of the matrix,...Ch. 2.6 - Prob. 15ECh. 2.6 - In Exercises 516, find the inverse of the matrix,...Ch. 2.6 - In Exercises 1724, a write a matrix equation that...Ch. 2.6 - In Exercises 1724, a write a matrix equation that...Ch. 2.6 - Prob. 19ECh. 2.6 - Prob. 20ECh. 2.6 - Prob. 21ECh. 2.6 - In Exercises 1724, a write a matrix equation that...Ch. 2.6 - Prob. 23ECh. 2.6 - In Exercises 1724, a write a matrix equation that...Ch. 2.6 - Prob. 25ECh. 2.6 - Prob. 26ECh. 2.6 - Prob. 27ECh. 2.6 - In Exercises 2532, a write each system of...Ch. 2.6 - Prob. 29ECh. 2.6 - Prob. 30ECh. 2.6 - Prob. 31ECh. 2.6 - Prob. 32ECh. 2.6 - Let A=[2345]. a. Find A1. b. Show that (A1)1=A.Ch. 2.6 - Let A=[6443] and B=[3547]. a. Find AB, A1 and B1....Ch. 2.6 - Prob. 35ECh. 2.6 - Find the matrix A if [2113]A=[3214]Ch. 2.6 - Prob. 37ECh. 2.6 - TICKET REVENUES Rainbow Harbor Cruises charges...Ch. 2.6 - PRICING PERSONAL PLANNERS BelAir Publishing...Ch. 2.6 - DIET PLANNING Bob, a nutritionist who works for...Ch. 2.6 - CROP PLANNING Jackson Farms has allotted a certain...Ch. 2.6 - LAWN FERTILIZERS Lawnco produces three grades of...Ch. 2.6 - INVESTMENT RISK AND RETURN A private investment...Ch. 2.6 - RESEARCH FUNDING The Carver Foundation funds three...Ch. 2.6 - Prob. 45ECh. 2.6 - Prob. 46ECh. 2.6 - Prob. 47ECh. 2.6 - Prob. 48ECh. 2.6 - Prob. 49ECh. 2.6 - Prob. 50ECh. 2.6 - Prob. 51ECh. 2.6 - Prob. 52ECh. 2.6 - Prob. 1TECh. 2.6 - Prob. 2TECh. 2.6 - Prob. 3TECh. 2.6 - Prob. 4TECh. 2.6 - Prob. 5TECh. 2.6 - Prob. 6TECh. 2.6 - Prob. 7TECh. 2.6 - Prob. 8TECh. 2.6 - Prob. 9TECh. 2.6 - Prob. 10TECh. 2.7 - What do the quantities X, AX and D represent in...Ch. 2.7 - Prob. 2CQCh. 2.7 - Prob. 1ECh. 2.7 - Prob. 2ECh. 2.7 - In Exercise 36, use the input-output matrix A and...Ch. 2.7 - Prob. 4ECh. 2.7 - Prob. 5ECh. 2.7 - Prob. 6ECh. 2.7 - Prob. 7ECh. 2.7 - AN INPUT-OUTPUT MODEL FOR A TWO-SECTOR ECONOMY A...Ch. 2.7 - Prob. 9ECh. 2.7 - Prob. 10ECh. 2.7 - AN INPUT-OUTPUT MODEL FOR A THREE-SECTOR ECONOMY...Ch. 2.7 - AN INPUT-OUTPUT MODEL FOR A THREE-SECTOR ECONOMY...Ch. 2.7 - Prob. 13ECh. 2.7 - Prob. 14ECh. 2.7 - Prob. 15ECh. 2.7 - Prob. 16ECh. 2.7 - Prob. 1TECh. 2.7 - Prob. 2TECh. 2.7 - Prob. 3TECh. 2.7 - Prob. 4TECh. 2.CRQ - Prob. 1CRQCh. 2.CRQ - Prob. 2CRQCh. 2.CRQ - Prob. 3CRQCh. 2.CRQ - Fill in the blanks: a. A system of linear...Ch. 2.CRQ - Prob. 5CRQCh. 2.CRQ - Prob. 6CRQCh. 2.CRQ - Prob. 7CRQCh. 2.CRQ - Prob. 8CRQCh. 2.CRQ - Prob. 9CRQCh. 2.CRQ - Prob. 10CRQCh. 2.CRQ - Prob. 11CRQCh. 2.CRQ - Prob. 12CRQCh. 2.CRE - Prob. 1CRECh. 2.CRE - Prob. 2CRECh. 2.CRE - Prob. 3CRECh. 2.CRE - Prob. 4CRECh. 2.CRE - Prob. 5CRECh. 2.CRE - Prob. 6CRECh. 2.CRE - Prob. 7CRECh. 2.CRE - In Exercises 5-8, find the values of the...Ch. 2.CRE - Prob. 9CRECh. 2.CRE - Prob. 10CRECh. 2.CRE - Prob. 11CRECh. 2.CRE - Prob. 12CRECh. 2.CRE - Prob. 13CRECh. 2.CRE - Prob. 14CRECh. 2.CRE - Prob. 15CRECh. 2.CRE - In Exercises 9-16, compute the expression if...Ch. 2.CRE - Prob. 17CRECh. 2.CRE - Prob. 18CRECh. 2.CRE - Prob. 19CRECh. 2.CRE - Prob. 20CRECh. 2.CRE - Prob. 21CRECh. 2.CRE - In Exercises 1724, solve the system of linear...Ch. 2.CRE - Prob. 23CRECh. 2.CRE - In Exercises 1724, solve the system of linear...Ch. 2.CRE - Prob. 25CRECh. 2.CRE - Prob. 26CRECh. 2.CRE - Prob. 27CRECh. 2.CRE - Prob. 28CRECh. 2.CRE - Prob. 29CRECh. 2.CRE - Prob. 30CRECh. 2.CRE - Prob. 31CRECh. 2.CRE - Prob. 32CRECh. 2.CRE - Prob. 33CRECh. 2.CRE - Prob. 34CRECh. 2.CRE - Prob. 35CRECh. 2.CRE - Prob. 36CRECh. 2.CRE - Prob. 37CRECh. 2.CRE - Prob. 38CRECh. 2.CRE - Prob. 39CRECh. 2.CRE - Prob. 40CRECh. 2.CRE - Gasoline Sales Gloria Newburg operates three...Ch. 2.CRE - STOCK TRANSACTIONSJack Spaulding bought 10,000...Ch. 2.CRE - Investments Joshs and Hannahs stock holdings are...Ch. 2.CRE - Prob. 44CRECh. 2.CRE - Production Scheduling Desmond Jewelry wishes to...Ch. 2.CRE - Petroleum Production Wildcat Oil Company has two...Ch. 2.CRE - INPUT-OUTPUT MATRICES The input-output matrix...Ch. 2.CRE - Prob. 48CRECh. 2.CRE - Prob. 49CRECh. 2.BMO - Solve the following system of linear equations,...Ch. 2.BMO - Prob. 2BMOCh. 2.BMO - Prob. 3BMOCh. 2.BMO - Prob. 4BMOCh. 2.BMO - Prob. 5BMOCh. 2.BMO - Prob. 6BMO
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- The University of the West Indies Open Campus ECON2016 Mathematical Methods of Economics II Final Assessment Instructions: Answer ALL the questions. Show all working 1. Solve the following Differential Equations a) dy = x²-1; y(-1) = 1 dx y²+1 dy b) d x + 2y = 3; dx c) dy-4y = 4y² dt d) 6dzy dx² dy -5+ y = 0; y(0) = 4 y'(0) = 0 dx [6] [5] [5] [6]arrow_forwardQuestions An insurance company's cumulative incurred claims for the last 5 accident years are given in the following table: Development Year Accident Year 0 2018 1 2 3 4 245 267 274 289 292 2019 255 276 288 294 2020 265 283 292 2021 263 278 2022 271 It can be assumed that claims are fully run off after 4 years. The premiums received for each year are: Accident Year Premium 2018 306 2019 312 2020 318 2021 326 2022 330 You do not need to make any allowance for inflation. 1. (a) Calculate the reserve at the end of 2022 using the basic chain ladder method. (b) Calculate the reserve at the end of 2022 using the Bornhuetter-Ferguson method. 2. Comment on the differences in the reserves produced by the methods in Part 1.arrow_forwardAnswer questions 8.1.13 and 8.2.10 respectivelyarrow_forward
- To help consumers in purchasing a laptop computer, Consumer Reports calculates an overall test score for each computer tested based upon rating factors such as ergonomics, portability, performance, display, and battery life. Higher overall scores indicate better test results. The following data show the average retail price and the overall score for ten 13-inch models (Consumer Reports website, October 25, 2012). Brand & Model Price ($) Overall Score Samsung Ultrabook NP900X3C-A01US 1250 83 Apple MacBook Air MC965LL/A 1300 83 Apple MacBook Air MD231LL/A 1200 82 HP ENVY 13-2050nr Spectre XT 950 79 Sony VAIO SVS13112FXB 800 77 Acer Aspire S5-391-9880 Ultrabook 1200 74 Apple MacBook Pro MD101LL/A 1200 74 Apple MacBook Pro MD313LL/A 1000 73 Dell Inspiron I13Z-6591SLV 700 67 Samsung NP535U3C-A01US 600 63 a. Select a scatter diagram with price as the independent variable. b. What does the scatter diagram developed in part (a) indicate about the relationship…arrow_forwardAnswer questions 8.2.6, 8.2.7 and 8.2.9 respectivelyarrow_forwardTo the Internal Revenue Service, the reasonableness of total itemized deductions depends on the taxpayer’s adjusted gross income. Large deductions, which include charity and medical deductions, are more reasonable for taxpayers with large adjusted gross incomes. If a taxpayer claims larger than average itemized deductions for a given level of income, the chances of an IRS audit are increased. Data (in thousands of dollars) on adjusted gross income and the average or reasonable amount of itemized deductions follow. Adjusted Gross Income ($1000s) Reasonable Amount ofItemized Deductions ($1000s) 22 9.6 27 9.6 32 10.1 48 11.1 65 13.5 85 17.7 120 25.5 Compute b1 and b0 (to 4 decimals).b1 b0 Complete the estimated regression equation (to 2 decimals). = + x Predict a reasonable level of total itemized deductions for a taxpayer with an adjusted gross income of $52.5 thousand (to 2 decimals). thousand dollarsWhat is the value, in dollars, of…arrow_forward
- Answer questions 8.1.10, 8.1.11and 8.1.12 respectivelyarrow_forward7.2.10 Researchers in the Hopkins Forest also count the number of maple trees (genus acer) in plots throughout the forest. The following is a histogram of the number of live maples in 1002 plots sampled over the past 20 years. The average number of maples per plot was 19.86 trees with a standard deviation of 23.65 trees. a. If we took the mean of a sample of eight plots, what would be the standard error of the mean? b. Using the central limit theorem, what is the probability that the mean of the eight would be within 1 standard error of the mean? c. Why might you think that the probability that you calculated in (b) might not be very accurate? 2. A normal population has mean 100 and variance 25. How large must the random sample be if you want the standard error of the sample average to be 1.5?arrow_forwardAnswer questions 7.3.10 and 7.3.12 respectively 7.3.12. Suppose that two independent random samples (of size n1 and n2) from two normal distributions are available. Explain how you would estimate the standard error of the difference in sample means X1 − X2 with the bootstrap method.arrow_forward
- Answer questions 7.4.6 and 7.4.7 respectivelyarrow_forwardWrite an equation for the function shown. You may assume all intercepts and asymptotes are on integers. The blue dashed lines are the asymptotes. 10 9- 8- 7 6 5 4- 3- 2 4 5 15-14-13-12-11-10 -9 -8 -7 -6 -5 -4 -3 -2 1 1 2 3 -1 -2 -3 -4 1 -5 -6- -7 -8- -9 -10+ 60 7 8 9 10 11 12 13 14 15arrow_forwardK The mean height of women in a country (ages 20-29) is 63.7 inches. A random sample of 65 women in this age group is selected. What is the probability that the mean height for the sample is greater than 64 inches? Assume σ = 2.68. The probability that the mean height for the sample is greater than 64 inches is (Round to four decimal places as needed.)arrow_forward
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