Numerical Analysis
10th Edition
ISBN: 9781305253667
Author: Richard L. Burden, J. Douglas Faires, Annette M. Burden
Publisher: Cengage Learning
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Chapter 2.5, Problem 9ES
To determine
The value of accuracy
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T={(−7,1),(1,−1),(6,−8),(2,8)}.
Find the inverse. Express your answer as a set of ordered pairs.
Starting with the finished version of Example 6.2, attached, change the decision criterion to "maximize expected utility," using an exponential utility function with risk tolerance $5,000,000. Display certainty equivalents on the tree.
a. Keep doubling the risk tolerance until the company's best strategy is the same as with the EMV criterion—continue with development and then market if successful.
The risk tolerance must reach $ 160,000,000 before the risk averse company acts the same as the EMV-maximizing company.
b. With a risk tolerance of $320,000,000, the company views the optimal strategy as equivalent to receiving a sure $____________ , even though the EMV from the original strategy (with no risk tolerance) is $ 59,200.
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Chapter 2 Solutions
Numerical Analysis
Ch. 2.1 - Use the Bisection method to find p3 for f(x)=xcosx...Ch. 2.1 - Let f(x) = 3(x +1)(x 12)(x 1) = 0. Use the...Ch. 2.1 - Use the Bisection method to find solutions...Ch. 2.1 - Use the Bisection method to find solutions...Ch. 2.1 - Use the Bisection method to find solutions...Ch. 2.1 - Prob. 7ESCh. 2.1 - Prob. 8ESCh. 2.1 - Prob. 9ESCh. 2.1 - Prob. 10ESCh. 2.1 - Prob. 11ES
Ch. 2.1 - Let f(x) = (x + 2)(x + 1)x(x 1)3(x 2). To which...Ch. 2.1 - Find an approximation to 253 correct to within 104...Ch. 2.1 - Find an approximation to 3 correct to within 104...Ch. 2.1 - A trough of length L has a cross section in the...Ch. 2.1 - Use Theorem 2.1 to find a bound for the number of...Ch. 2.1 - Prob. 18ESCh. 2.1 - Prob. 19ESCh. 2.1 - Let f(x) = (x 1)10, p = 1, and pn = 1 + 1/n. Show...Ch. 2.1 - The function defined by f(x) = sin x has zeros at...Ch. 2.1 - Prob. 1DQCh. 2.1 - Prob. 2DQCh. 2.1 - Is the Bisection method sensitive to the starting...Ch. 2.2 - Use algebraic manipulation to show that each of...Ch. 2.2 - a. Perform four iterations, if possible, on each...Ch. 2.2 - Let f(x) = x3 2x + 1. To solve f(x) = 0, the...Ch. 2.2 - Let f(x) = x4 + 3x2 2. To solve f(x) = 0, the...Ch. 2.2 - The following four methods are proposed to compute...Ch. 2.2 - Prob. 6ESCh. 2.2 - Prob. 7ESCh. 2.2 - Prob. 8ESCh. 2.2 - Use Theorem 2.3 to show that g(x) = + 0.5...Ch. 2.2 - Use Theorem 2.3 to show that g(x) = 2x has a...Ch. 2.2 - Use a fixed-point iteration method to find an...Ch. 2.2 - Use a fixed-point iteration method to determine a...Ch. 2.2 - Use a fixed-point iteration method to determine a...Ch. 2.2 - Prob. 20ESCh. 2.2 - Prob. 21ESCh. 2.2 - a. Show that Theorem 2.3 is true if the inequality...Ch. 2.2 - a. Use Theorem 2.4 to show that the sequence...Ch. 2.2 - Prob. 24ESCh. 2.2 - Prob. 25ESCh. 2.2 - Suppose that g is continuously differentiable on...Ch. 2.3 - Let f(x) = x2 6 and p0 = 1. Use Newtons method to...Ch. 2.3 - Let f(x) = x3 cos x and p0 = 1. Use Newtons...Ch. 2.3 - Let f(x) = x2 6. With p0 = 3 and p1 = 2, find p3....Ch. 2.3 - Let f(x) = x3 cos x. With p0 = 1 and p1 = 0, find...Ch. 2.3 - Prob. 11ESCh. 2.3 - Prob. 12ESCh. 2.3 - The fourth-degree polynomial...Ch. 2.3 - Prob. 14ESCh. 2.3 - Prob. 15ESCh. 2.3 - Prob. 16ESCh. 2.3 - Prob. 22ESCh. 2.3 - Prob. 23ESCh. 2.3 - Prob. 24ESCh. 2.3 - Prob. 25ESCh. 2.3 - Prob. 27ESCh. 2.3 - A drug administered to a patient produces a...Ch. 2.3 - Prob. 30ESCh. 2.3 - Prob. 32ESCh. 2.3 - Prob. 1DQCh. 2.3 - Prob. 2DQCh. 2.3 - Prob. 3DQCh. 2.3 - Prob. 4DQCh. 2.4 - Prob. 6ESCh. 2.4 - a. Show that for any positive integer k, the...Ch. 2.4 - Prob. 8ESCh. 2.4 - a. Construct a sequence that converges to 0 of...Ch. 2.4 - Prob. 10ESCh. 2.4 - Prob. 11ESCh. 2.4 - Prob. 12ESCh. 2.4 - Prob. 13ESCh. 2.4 - Prob. 14ESCh. 2.4 - Prob. 1DQCh. 2.4 - Prob. 2DQCh. 2.4 - Prob. 4DQCh. 2.5 - Let g(x) = cos(x 1) and p0(0) = 2. Use...Ch. 2.5 - Prob. 4ESCh. 2.5 - Prob. 5ESCh. 2.5 - Prob. 6ESCh. 2.5 - Use Steffensens method to find, to an accuracy of...Ch. 2.5 - Prob. 8ESCh. 2.5 - Prob. 9ESCh. 2.5 - Use Steffensens method with p0 = 3 to compute an...Ch. 2.5 - Use Steffensens method to approximate the...Ch. 2.5 - Prob. 12ESCh. 2.5 - Prob. 13ESCh. 2.5 - Prob. 14ES
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- The graph below shows the U.S. federal expenses for 2012. A) estimate the fraction of the total expenses that were spent on Medicare. Write your answer as the closest fraction whose denominator is 100. B) estimate the fraction of the total expenses that were spent on Medicare and Medicaid. Write your answer as the closest fraction, whose denominator is 100.arrow_forwardStarting with the finished version of Example 6.2, attached, change the decision criterion to "maximize expected utility," using an exponential utility function with risk tolerance $5,000,000. Display certainty equivalents on the tree. a. Keep doubling the risk tolerance until the company's best strategy is the same as with the EMV criterion—continue with development and then market if successful. The risk tolerance must reach $ ____________ before the risk averse company acts the same as the EMV-maximizing company. b. With a risk tolerance of $320,000,000, the company views the optimal strategy as equivalent to receiving a sure $____________ , even though the EMV from the original strategy (with no risk tolerance) is $ ___________ .arrow_forward2.8.1arrow_forward
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