Finite Mathematics, Books a la Carte Plus MyLab Math Access Card Package (11th Edition)
11th Edition
ISBN: 9780133886818
Author: Margaret L. Lial, Raymond N. Greenwell, Nathan P. Ritchey
Publisher: PEARSON
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Chapter 2.6, Problem 26E
To determine
The ratio of yams and pigs produced using the closed model.
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Use the method of undetermined coefficients to solve the given nonhomogeneous system.
dx
dt
=
2x + 3y − 8
dy
dt
=
−x − 2y + 6
X(t) =
As discussed in Section 8.3, the Markowitz model uses the variance of the portfolio as the measure of risk. However, variance includes deviations both below and above the mean return. Semivariance includes only deviations below the mean and is considered by many to be a better measure of risk.
(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 Services model are equally likely to occur. Hint: Modify model (8.10)–(8.19). Define a variable ds for each scenario and let
ds ≥ R − Rs
with
ds ≥ 0.
Then make the objective function:
Min
1
5
5
s = 1
ds2.
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…
Calculus lll
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Chapter 2 Solutions
Finite Mathematics, Books a la Carte Plus MyLab Math Access Card Package (11th Edition)
Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 -
Use the echelon method to solve each system of...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Prob. 5ECh. 2.1 - Prob. 6ECh. 2.1 - Prob. 7ECh. 2.1 -
Use the echelon method to solve each system of...Ch. 2.1 - Prob. 9ECh. 2.1 - Prob. 10E
Ch. 2.1 -
Use the echelon method to solve each system of...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Prob. 15ECh. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Prob. 17ECh. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Prob. 20ECh. 2.1 - An inconsistent system...Ch. 2.1 - Prob. 22ECh. 2.1 - Describe what a parameter is arid why it is used...Ch. 2.1 - In your own words, describe the echelon method as...Ch. 2.1 - Prob. 25ECh. 2.1 - Solve each system of equations. Let z be the...Ch. 2.1 - Solve each system of equations. Let z be the...Ch. 2.1 - Prob. 28ECh. 2.1 - Prob. 29ECh. 2.1 - For each of the following systems of equations in...Ch. 2.1 -
For each of the following systems of equations in...Ch. 2.1 - Prob. 32ECh. 2.1 - Prob. 33ECh. 2.1 - Prob. 34ECh. 2.1 -
Groceries If 20 lb of rice and 10 lb of potatoes...Ch. 2.1 -
36. Downloads Blake Allvine spent $35.97...Ch. 2.1 - Prob. 37ECh. 2.1 -
38. Sales An apparel shop sells skirts for $45...Ch. 2.1 - Prob. 39ECh. 2.1 -
40. Stock Lorri Morgan has $16,000 invested in...Ch. 2.1 - Banking A bank teller has a total of 70 bills in...Ch. 2.1 - Rug Cleaning Machines Kelly Karpet Kleaners sells...Ch. 2.1 - Prob. 43ECh. 2.1 - Prob. 44ECh. 2.1 - Prob. 45ECh. 2.1 - Prob. 46ECh. 2.1 - Prob. 47ECh. 2.1 -
48. Flight Time A flight leaves New York at 8...Ch. 2.1 -
49. The 24® Game The object of the 24 Game,...Ch. 2.2 -
Write the augmented matrix fur each system. Do...Ch. 2.2 -
Write the augmented matrix for each system. Do...Ch. 2.2 - Prob. 3ECh. 2.2 - Prob. 4ECh. 2.2 - Prob. 5ECh. 2.2 - Prob. 6ECh. 2.2 -
Write the system of equations associated with...Ch. 2.2 - Prob. 8ECh. 2.2 - Prob. 9ECh. 2.2 - Prob. 10ECh. 2.2 - Prob. 11ECh. 2.2 - Use the indicated row operations to change each...Ch. 2.2 - Prob. 13ECh. 2.2 - Prob. 14ECh. 2.2 - Prob. 15ECh. 2.2 - Prob. 16ECh. 2.2 - Prob. 17ECh. 2.2 - Prob. 18ECh. 2.2 - Prob. 19ECh. 2.2 - Prob. 20ECh. 2.2 - Use the Gauss-Jordan method to solve each system...Ch. 2.2 - Use the Gauss-Jordan method to solve each system...Ch. 2.2 - Prob. 23ECh. 2.2 - Prob. 24ECh. 2.2 - Prob. 25ECh. 2.2 - Use the Gauss-Jordan method to solve each system...Ch. 2.2 - Prob. 27ECh. 2.2 -
Use the Gauss-Jordan method to solve each system...Ch. 2.2 - Prob. 29ECh. 2.2 - Prob. 30ECh. 2.2 - Prob. 31ECh. 2.2 - Prob. 32ECh. 2.2 - Prob. 33ECh. 2.2 - Prob. 34ECh. 2.2 - Prob. 35ECh. 2.2 - Prob. 36ECh. 2.2 - Prob. 37ECh. 2.2 - Prob. 38ECh. 2.2 - Prob. 39ECh. 2.2 - Prob. 40ECh. 2.2 - Prob. 41ECh. 2.2 - Prob. 42ECh. 2.2 -
43. On National Public Radio, the "Weekend...Ch. 2.2 - Prob. 44ECh. 2.2 - Investments Katherine Chong invests $10,000...Ch. 2.2 -
46. Office Technology Pyro-Tech, Inc. is...Ch. 2.2 - Prob. 47ECh. 2.2 - Prob. 48ECh. 2.2 - Loans To get the necessary funds for a planned...Ch. 2.2 - Manufacturing Nadir, Inc. produces three models of...Ch. 2.2 -
51. Deliveries An electronics company produces...Ch. 2.2 - Tents L.L. Bean makes three sizes of Ultra Dome...Ch. 2.2 - Transportation A manufacturer purchases a part for...Ch. 2.2 - APPLY IT Transportation An auto manufacturer sends...Ch. 2.2 - Prob. 55ECh. 2.2 -
56. Packaging A company produces four...Ch. 2.2 - Prob. 57ECh. 2.2 - Animal Breeding An animal breeder can buy four...Ch. 2.2 - Prob. 59ECh. 2.2 - Prob. 60ECh. 2.2 - Prob. 61ECh. 2.2 - Prob. 62ECh. 2.2 - Prob. 63ECh. 2.2 - Prob. 64ECh. 2.2 -
65. Modeling War One of the factors that...Ch. 2.2 - Prob. 66ECh. 2.2 -
67. Baseball Ichiro Suzuki holds the American...Ch. 2.2 - Prob. 68ECh. 2.2 -
69. Toys One hundred toys are to be given out to...Ch. 2.2 - Prob. 70ECh. 2.2 - Prob. 71ECh. 2.2 - Prob. 72ECh. 2.2 - Prob. 73ECh. 2.3 - Prob. 1ECh. 2.3 - Prob. 2ECh. 2.3 - Prob. 3ECh. 2.3 - Prob. 4ECh. 2.3 - Decide whether each statement is true or false. If...Ch. 2.3 - Prob. 6ECh. 2.3 - Prob. 7ECh. 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 - Prob. 16ECh. 2.3 - Prob. 17ECh. 2.3 - Prob. 18ECh. 2.3 - Prob. 19ECh. 2.3 - Prob. 20ECh. 2.3 - Prob. 21ECh. 2.3 - Prob. 22ECh. 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 - For matrices X=[ xyzw] and 0=[ 0000], find the...Ch. 2.3 - Prob. 34ECh. 2.3 - Prob. 35ECh. 2.3 - Prob. 36ECh. 2.3 - Prob. 37ECh. 2.3 - Prob. 38ECh. 2.3 - Prob. 39ECh. 2.3 - Prob. 40ECh. 2.3 - Prob. 41ECh. 2.3 -
42. Trading Partners The table below gives, the...Ch. 2.3 - Prob. 43ECh. 2.3 - Prob. 44ECh. 2.3 - Testing Medication A drug company is testing 200...Ch. 2.3 - Prob. 46ECh. 2.3 - Prob. 47ECh. 2.3 - Prob. 48ECh. 2.3 - Prob. 49ECh. 2.3 - Prob. 50ECh. 2.4 - Let A=[ -2-403] and B=[ -6240]. Find each value....Ch. 2.4 - Prob. 2ECh. 2.4 - Prob. 3ECh. 2.4 - Prob. 4ECh. 2.4 - Prob. 5ECh. 2.4 -
Let and Find each value.
6. 7B– 3A
Ch. 2.4 - Prob. 7ECh. 2.4 - Prob. 8ECh. 2.4 - Prob. 9ECh. 2.4 - Prob. 10ECh. 2.4 - Prob. 11ECh. 2.4 - Prob. 12ECh. 2.4 - To find the product matrix AB, the number of...Ch. 2.4 - Prob. 14ECh. 2.4 - Prob. 15ECh. 2.4 - Prob. 16ECh. 2.4 - Prob. 17ECh. 2.4 - Prob. 18ECh. 2.4 -
Find each matrix product, if possible.
19.
Ch. 2.4 - Find each matrix product, if possible. [...Ch. 2.4 - Prob. 21ECh. 2.4 - Prob. 22ECh. 2.4 - Prob. 23ECh. 2.4 - Prob. 24ECh. 2.4 - Prob. 25ECh. 2.4 - Prob. 26ECh. 2.4 - Prob. 27ECh. 2.4 - Prob. 28ECh. 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 -
Given matrices
verify that the statements in...Ch. 2.4 - Prob. 38ECh. 2.4 - Prob. 39ECh. 2.4 - Prob. 40ECh. 2.4 - Prob. 41ECh. 2.4 - Prob. 42ECh. 2.4 - Use a computer or graphing calculator arid the...Ch. 2.4 - Prob. 44ECh. 2.4 - Prob. 45ECh. 2.4 - Prob. 46ECh. 2.4 - Prob. 47ECh. 2.4 - Prob. 48ECh. 2.4 - Prob. 49ECh. 2.4 - Prob. 50ECh. 2.4 - Prob. 51ECh. 2.4 - Prob. 52ECh. 2.4 - Prob. 53ECh. 2.4 - Prob. 54ECh. 2.4 - Prob. 55ECh. 2.4 - 56. Northern Spotted Owl Population In an attempt...Ch. 2.4 -
57. World Population The 2010 birth and death...Ch. 2.5 - Prob. 1ECh. 2.5 -
Decide whether the given matrices are inverses...Ch. 2.5 - Prob. 3ECh. 2.5 - Decide whether the given matrices are inverses of...Ch. 2.5 - Decide whether the given matrices are inverses of...Ch. 2.5 - Prob. 6ECh. 2.5 - Prob. 7ECh. 2.5 - Prob. 8ECh. 2.5 - Prob. 9ECh. 2.5 - Prob. 10ECh. 2.5 - Prob. 11ECh. 2.5 - Prob. 12ECh. 2.5 - Prob. 13ECh. 2.5 - Prob. 14ECh. 2.5 - Prob. 15ECh. 2.5 - Prob. 16ECh. 2.5 - Prob. 17ECh. 2.5 - Prob. 18ECh. 2.5 - Prob. 19ECh. 2.5 - Prob. 20ECh. 2.5 - Prob. 21ECh. 2.5 - Prob. 22ECh. 2.5 - Find the inverse, if it exists, for each matrix. [...Ch. 2.5 - Prob. 24ECh. 2.5 - Prob. 25ECh. 2.5 - Prob. 26ECh. 2.5 - Prob. 27ECh. 2.5 -
Solve each system of equations by using the...Ch. 2.5 -
Solve each system of equations by using the...Ch. 2.5 - Prob. 30ECh. 2.5 - Prob. 31ECh. 2.5 - Prob. 32ECh. 2.5 - Prob. 33ECh. 2.5 -
Solve each system of equations by using the...Ch. 2.5 -
Solve each system of equations by using the...Ch. 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 - Prob. 42ECh. 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 - Prob. 49ECh. 2.5 - Prob. 50ECh. 2.5 - Prob. 51ECh. 2.5 - Prob. 52ECh. 2.5 - Prob. 53ECh. 2.5 - Prob. 54ECh. 2.5 - Prob. 55ECh. 2.5 - Prob. 56ECh. 2.5 - Prob. 57ECh. 2.5 - Prob. 58ECh. 2.5 - Prob. 59ECh. 2.5 - Prob. 60ECh. 2.5 - Prob. 61ECh. 2.5 - Solve each exercise by using the inverse of the...Ch. 2.5 - Prob. 63ECh. 2.5 -
Solve each exercise by using the inverse of the...Ch. 2.5 - Prob. 65ECh. 2.5 -
Solve each exercise by using the inverse of the...Ch. 2.6 -
Find the production matrix for the following...Ch. 2.6 - Prob. 2ECh. 2.6 - Prob. 3ECh. 2.6 - Prob. 4ECh. 2.6 - Prob. 5ECh. 2.6 - Prob. 6ECh. 2.6 - Prob. 7ECh. 2.6 - Find the ratios of products A, B, and C using a...Ch. 2.6 - Prob. 9ECh. 2.6 - Use a graphing calculator or computer to find the...Ch. 2.6 - Prob. 11ECh. 2.6 -
Input-Output Open Model In Exercises 11 and 12,...Ch. 2.6 - Prob. 13ECh. 2.6 - Prob. 14ECh. 2.6 - Input-Output Open Model In Exercises 13-16, refer...Ch. 2.6 - Input-Output Open Model In Exercises 13- refer to...Ch. 2.6 - Input-Output Open Model A primitive economy...Ch. 2.6 - Prob. 18ECh. 2.6 - Prob. 19ECh. 2.6 - Prob. 20ECh. 2.6 -
21. Israeli Economy An analysis of the 1958...Ch. 2.6 -
22. Chinese Economy The 1981 Chinese economy can...Ch. 2.6 - Prob. 23ECh. 2.6 - Prob. 24ECh. 2.6 - Prob. 25ECh. 2.6 - Prob. 26ECh. 2.6 -
27. Input-Output Closed Model Use the...Ch. 2.6 - Input-Output Closed Model Suppose that production...Ch. 2.6 - Prob. 29ECh. 2 - Find the second-order contact matrix PQ mentioned...Ch. 2 - Prob. 2EACh. 2 - Prob. 3EACh. 2 - Prob. 4EACh. 2 - Prob. 5EACh. 2 - Prob. 1RECh. 2 - Determine whether each of the following statements...Ch. 2 - Prob. 3RECh. 2 - Prob. 4RECh. 2 - Prob. 5RECh. 2 - Prob. 6RECh. 2 - Prob. 7RECh. 2 - Prob. 8RECh. 2 - Prob. 9RECh. 2 - Prob. 10RECh. 2 - Prob. 11RECh. 2 - Prob. 12RECh. 2 - Prob. 13RECh. 2 - Prob. 14RECh. 2 - Prob. 15RECh. 2 - Prob. 16RECh. 2 - Prob. 17RECh. 2 - Prob. 18RECh. 2 -
Solve each system by the echelon method.
19. 2x -...Ch. 2 - Prob. 20RECh. 2 - Solve each system by the echelon method. 2x - 3y +...Ch. 2 - Prob. 22RECh. 2 - Prob. 23RECh. 2 - Prob. 24RECh. 2 - Prob. 25RECh. 2 - Prob. 26RECh. 2 - Prob. 27RECh. 2 - Prob. 28RECh. 2 - Prob. 29RECh. 2 - Prob. 30RECh. 2 - Prob. 31RECh. 2 - Prob. 32RECh. 2 - Prob. 33RECh. 2 - Prob. 34RECh. 2 - Prob. 35RECh. 2 - Prob. 36RECh. 2 - Prob. 37RECh. 2 - Prob. 38RECh. 2 - Prob. 39RECh. 2 - Given the matrices A=[ 4102369],B=[ 232240012],C=[...Ch. 2 - Prob. 41RECh. 2 - Prob. 42RECh. 2 - Prob. 43RECh. 2 - Prob. 44RECh. 2 - Prob. 45RECh. 2 - Prob. 46RECh. 2 - Prob. 47RECh. 2 - Prob. 48RECh. 2 - Prob. 49RECh. 2 - Prob. 50RECh. 2 - Prob. 51RECh. 2 - Find the inverse of each matrix that has an...Ch. 2 - Prob. 53RECh. 2 - Prob. 54RECh. 2 - Prob. 55RECh. 2 - Prob. 56RECh. 2 - Prob. 57RECh. 2 - Prob. 58RECh. 2 - Prob. 59RECh. 2 - Prob. 60RECh. 2 - Prob. 61RECh. 2 - Prob. 62RECh. 2 - Prob. 63RECh. 2 - Prob. 64RECh. 2 - Prob. 65RECh. 2 - Prob. 66RECh. 2 - Prob. 67RECh. 2 - Prob. 68RECh. 2 - Prob. 69RECh. 2 - Prob. 70RECh. 2 - Prob. 71RECh. 2 - Filling Orders A printer has three orders for...Ch. 2 -
73. Input-Output An economy depends on two...Ch. 2 -
74. Nebraska The 1970 economy of the state of...Ch. 2 - Prob. 75RECh. 2 - Prob. 76RECh. 2 - Prob. 77RECh. 2 - Prob. 78RECh. 2 - Prob. 79RECh. 2 - Prob. 80RECh. 2 - Prob. 81RECh. 2 - Prob. 82RECh. 2 - Prob. 83RECh. 2 -
84. Baseball In the 2009 Major League Baseball...Ch. 2 - Prob. 85RE
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- For each month of the year, Taylor collected the average high temperatures in Jackson, Mississippi. He used the data to create the histogram shown. Which set of data did he use to create the histogram? A 55, 60, 64, 72, 73, 75, 77, 81, 83, 91, 91, 92\ 55,\ 60,\ 64,\ 72,\ 73,\ 75,\ 77,\ 81,\ 83,\ 91,\ 91,\ 92 55, 60, 64, 72, 73, 75, 77, 81, 83, 91, 91, 92 B 55, 57, 60, 65, 70, 71, 78, 79, 85, 86, 88, 91\ 55,\ 57,\ 60,\ 65,\ 70,\ 71,\ 78,\ 79,\ 85,\ 86,\ 88,\ 91 55, 57, 60, 65, 70, 71, 78, 79, 85, 86, 88, 91 C 55, 60, 63, 64, 65, 71, 83, 87, 88, 88, 89, 93\ 55,\ 60,\ 63,\ 64,\ 65,\ 71,\ 83,\ 87,\ 88,\ 88,\ 89,\ 93 55, 60, 63, 64, 65, 71, 83, 87, 88, 88, 89, 93 D 55, 58, 60, 66, 68, 75, 77, 82, 86, 89, 91, 91\ 55,\ 58,\ 60,\ 66,\ 68,\ 75,\ 77,\ 82,\ 86,\ 89,\ 91,\ 91 55, 58, 60, 66, 68, 75, 77, 82, 86, 89, 91, 91arrow_forwardIn this problem, we consider a Brownian motion (W+) t≥0. We consider a stock model (St)t>0 given (under the measure P) by d.St 0.03 St dt + 0.2 St dwt, with So 2. We assume that the interest rate is r = 0.06. The purpose of this problem is to price an option on this stock (which we name cubic put). This option is European-type, with maturity 3 months (i.e. T = 0.25 years), and payoff given by F = (8-5)+ (a) Write the Stochastic Differential Equation satisfied by (St) under the risk-neutral measure Q. (You don't need to prove it, simply give the answer.) (b) Give the price of a regular European put on (St) with maturity 3 months and strike K = 2. (c) Let X = S. Find the Stochastic Differential Equation satisfied by the process (Xt) under the measure Q. (d) Find an explicit expression for X₁ = S3 under measure Q. (e) Using the results above, find the price of the cubic put option mentioned above. (f) Is the price in (e) the same as in question (b)? (Explain why.)arrow_forwardProblem 4. Margrabe formula and the Greeks (20 pts) In the homework, we determined the Margrabe formula for the price of an option allowing you to swap an x-stock for a y-stock at time T. For stocks with initial values xo, yo, common volatility σ and correlation p, the formula was given by Fo=yo (d+)-x0Þ(d_), where In (±² Ꭲ d+ õ√T and σ = σ√√√2(1 - p). дго (a) We want to determine a "Greek" for ỡ on the option: find a formula for θα (b) Is дго θα positive or negative? (c) We consider a situation in which the correlation p between the two stocks increases: what can you say about the price Fo? (d) Assume that yo< xo and p = 1. What is the price of the option?arrow_forward
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