Mathematics All Around, Books a la carte edition (6th Edition)
6th Edition
ISBN: 9780134462448
Author: Pirnot, Tom
Publisher: PEARSON
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Textbook Question
Chapter 2.CT, Problem 1CT
Chapter Test
Use an alternative method to express each set.
a.
b.{x:x is a month in the year}
c.{y:y is a person in your math class and also more than 100 years old}
Expert Solution
To determine
a)
To express:
An alternative method of each set
Answer to Problem 1CT
Solution:
Explanation of Solution
Definition of sets and elements:
A collection of objects is called a set and the individual objects in this collection are called elements or members of the set. We can use uppercase letter to denote the set and the lowercase letter to denote the elements.
For example:
Where S is the set and a, b, c, d are the elements
Sets can be represented by using two methods. They are
i) listing method
ii) set-builder notation
Listing method:
The elements in the set can be written as a list where the elements are separated by the commas and enclosed within the brackets.
Set-builder notation:
A shorthand used to write sets, if all the elements of set have some common characteristics. It is also used to define a set with infinite number of elements.
For example:
We can represent a natural numbers using set-builder notation,
We can read the above expression as “
Given:
The given set is expressed in listing method.
So we can express that equation in the set-builder notation which is the alternative method.
Here “
Expert Solution
To determine
b)
To express:
An alternative method of each set
Answer to Problem 1CT
Solution:
Explanation of Solution
Definition of sets and elements:
A collection of objects is called a set and the individual objects in this collection are called elements or members of the set. We can use uppercase letter to denote the set and the lowercase letter to denote the elements.
For example:
Where S is the set and a, b, c, d are the elements
Sets can be represented by using two methods. They are
i) listing method
ii) set-builder notation
Listing method:
The elements in the set can be written as a list where the elements are separated by the commas and enclosed within the brackets.
Set-builder notation:
A shorthand used to write sets, if all the elements of set have some common characteristics. It is also used to define a set with infinite number of elements.
For example:
We can represent a natural numbers using set-builder notation,
We can read the above expression as “
Given:
The given set is expressed in set-builder notation method.
So we can express that equation in the listing which is the alternative method.
Expert Solution
To determine
c)
To express:
An alternative method of each set
Answer to Problem 1CT
Solution:
Explanation of Solution
Definition of sets and elements:
A collection of objects is called a set and the individual objects in this collection are called elements or members of the set. We can use uppercase letter to denote the set and the lowercase letter to denote the elements.
For example:
Where S is the set and a, b, c, d are the elements
Sets can be represented by using two methods. They are
i) listing method
ii) set-builder notation
Listing method:
The elements in the set can be written as a list where the elements are separated by the commas and enclosed within the brackets.
Set-builder notation:
A shorthand used to write sets, if all the elements of set have some common characteristics. It is also used to define a set with infinite number of elements.
For example:
We can represent a natural numbers using set-builder notation,
We can read the above expression as “
Given:
The given set is expressed in set-builder notation method.
So we can express that equation in the listing which is the alternative method.
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Chapter 2 Solutions
Mathematics All Around, Books a la carte edition (6th Edition)
Ch. 2.1 - In Exercises 1-12, use set notation to list all...Ch. 2.1 - Prob. 2ECh. 2.1 - Prob. 3ECh. 2.1 - Prob. 4ECh. 2.1 - Prob. 5ECh. 2.1 - Prob. 6ECh. 2.1 - Prob. 7ECh. 2.1 - Prob. 8ECh. 2.1 - Prob. 9ECh. 2.1 - Prob. 10E
Ch. 2.1 - Prob. 11ECh. 2.1 - Prob. 12ECh. 2.1 - In Exercises 13-22, use an alternative method to...Ch. 2.1 - In Exercises 13-22, use an alternative method to...Ch. 2.1 - Prob. 15ECh. 2.1 - Prob. 16ECh. 2.1 - In Exercises 13-22, use an alternative method to...Ch. 2.1 - In Exercises 13-22, use an alternative method to...Ch. 2.1 - In Exercises 13-22, use an alternative method to...Ch. 2.1 - In Exercises 13-22, use an alternative method to...Ch. 2.1 - In Exercises 13-22, use an alternative method to...Ch. 2.1 - Prob. 22ECh. 2.1 - Prob. 23ECh. 2.1 - Prob. 24ECh. 2.1 - Prob. 25ECh. 2.1 - Prob. 26ECh. 2.1 - Prob. 27ECh. 2.1 - Prob. 28ECh. 2.1 - Prob. 29ECh. 2.1 - Prob. 30ECh. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - Prob. 35ECh. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - In Exercises 31-42, replace each # with either or...Ch. 2.1 - Find nA for each of the following sets A. 1, 3, 5,...Ch. 2.1 - Find nA for each of the following sets A. 3, 4, 5,...Ch. 2.1 - Find nA for each of the following sets A. x: x is...Ch. 2.1 - Find nA for each of the following sets A. x: x is...Ch. 2.1 - Prob. 47ECh. 2.1 - Find nA for each of the following sets A. x: x is...Ch. 2.1 - In Exercises 49-52, draw a bag diagram similar to...Ch. 2.1 - In Exercises 49-52, draw a bag diagram similar to...Ch. 2.1 - Prob. 51ECh. 2.1 - In Exercises 49-52, draw a bag diagram similar to...Ch. 2.1 - Prob. 53ECh. 2.1 - Prob. 54ECh. 2.1 - Prob. 55ECh. 2.1 - Describe each of the following sets as either...Ch. 2.1 - Prob. 57ECh. 2.1 - Prob. 58ECh. 2.1 - In Exercises 57-64, find an element of set A that...Ch. 2.1 - In Exercises 57-64, find an element of set A that...Ch. 2.1 - Prob. 61ECh. 2.1 - Prob. 62ECh. 2.1 - Prob. 63ECh. 2.1 - Prob. 64ECh. 2.1 - Applying What Youve Learned In Exercises 65-68,...Ch. 2.1 - Prob. 66ECh. 2.1 - Prob. 67ECh. 2.1 - Prob. 68ECh. 2.1 - Prob. 69ECh. 2.1 - Prob. 70ECh. 2.1 - Prob. 71ECh. 2.1 - Prob. 72ECh. 2.1 - Prob. 73ECh. 2.1 - Prob. 74ECh. 2.1 - Prob. 75ECh. 2.1 - Prob. 76ECh. 2.1 - Communicating Mathematics The Analogies Principle...Ch. 2.1 - Prob. 78ECh. 2.1 - Communicating Mathematics Give a careful...Ch. 2.1 - Communicating Mathematics Often good notation...Ch. 2.1 - Challenge Yourself Sets of well-known people. Let...Ch. 2.1 - Prob. 84ECh. 2.1 - We will define a paradox as a statement that...Ch. 2.1 - We will define a paradox as a statement that...Ch. 2.1 - Prob. 87ECh. 2.2 - In Exercises 1-8, decide whether each pair of sets...Ch. 2.2 - In Exercises 1-8, decide whether each pair of sets...Ch. 2.2 - Prob. 3ECh. 2.2 - Prob. 4ECh. 2.2 - Prob. 5ECh. 2.2 - Prob. 6ECh. 2.2 - In Exercises 1-8, decide whether each pair of sets...Ch. 2.2 - Prob. 8ECh. 2.2 - In Exercises 9-14, decide whether each statement...Ch. 2.2 - In Exercises 9-14, decide whether each statement...Ch. 2.2 - In Exercises 9-14, decide whether each statement...Ch. 2.2 - Prob. 12ECh. 2.2 - In Exercises 9-14, decide whether each statement...Ch. 2.2 - In Exercises 9-14, decide whether each statement...Ch. 2.2 - In Exercises 15-24, decide whether each pair of...Ch. 2.2 - In Exercises 15-24, decide whether each pair of...Ch. 2.2 - In Exercises 9-14, decide whether each statement...Ch. 2.2 - Prob. 18ECh. 2.2 - Prob. 19ECh. 2.2 - In Exercises 15-24, decide whether each pair of...Ch. 2.2 - In Exercises 15-24, decide whether each pair of...Ch. 2.2 - Prob. 22ECh. 2.2 - Prob. 23ECh. 2.2 - Prob. 24ECh. 2.2 - Prob. 25ECh. 2.2 - Prob. 26ECh. 2.2 - Prob. 27ECh. 2.2 - Prob. 28ECh. 2.2 - If set A has five elements, how many subsets does...Ch. 2.2 - If A has seven elements, how many subsets does A...Ch. 2.2 - Use the following table to answer Exercises 31-34....Ch. 2.2 - Use the following table to answer Exercises 31-34....Ch. 2.2 - Use the following table to answer Exercises 31-34....Ch. 2.2 - Prob. 34ECh. 2.2 - Prob. 35ECh. 2.2 - Prob. 36ECh. 2.2 - Prob. 37ECh. 2.2 - Prob. 38ECh. 2.2 - Dominos Pizza advertises that you can order your...Ch. 2.2 - If Dominos Pizza wants to advertise that there are...Ch. 2.2 - Burger King advertises that Have it your way. If...Ch. 2.2 - Burger King wishes to outdo Dominos Pizza in...Ch. 2.2 - The owners of Phoenix Flames football team won...Ch. 2.2 - Five internet companies are so that they can...Ch. 2.2 - Prob. 45ECh. 2.2 - Prob. 46ECh. 2.2 - Prob. 47ECh. 2.2 - Prob. 48ECh. 2.2 - Prob. 49ECh. 2.2 - Prob. 50ECh. 2.2 - Your friend Noah does not understand why his...Ch. 2.2 - Your friend Noah does not understand why his...Ch. 2.2 - Prob. 53ECh. 2.2 - Prob. 54ECh. 2.2 - When mathematicians find a solution to a problem,...Ch. 2.2 - Prob. 56ECh. 2.2 - Prob. 57ECh. 2.2 - Prob. 58ECh. 2.2 - In Exercises 59 -62, recall that in Section 1.1 we...Ch. 2.2 - In Exercises 59 -62, recall that in Section 1.1 we...Ch. 2.2 - Prob. 61ECh. 2.2 - Prob. 62ECh. 2.2 - Prob. 63ECh. 2.2 - Notice that the arrangement of numbers in each row...Ch. 2.2 - Assume the law firm of Dewey, Cheatum, and Howe...Ch. 2.2 - Prob. 66ECh. 2.2 - We mentioned that the subset notation, , and the...Ch. 2.2 - We mentioned that the subset notation, , and the...Ch. 2.2 - Prob. 69ECh. 2.2 - Discuss why it would be impossible with finite...Ch. 2.3 - Prob. 1ECh. 2.3 - Prob. 2ECh. 2.3 - Prob. 3ECh. 2.3 - Prob. 4ECh. 2.3 - Prob. 5ECh. 2.3 - Prob. 6ECh. 2.3 - Prob. 7ECh. 2.3 - Prob. 8ECh. 2.3 - Prob. 9ECh. 2.3 - Prob. 10ECh. 2.3 - In Exercises 1-12, let U=1,2,3,,10, A=1,3,5,7,9,...Ch. 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 - Consider the following large and small colored...Ch. 2.3 - Consider the following large and small colored...Ch. 2.3 - Consider the following large and small colored...Ch. 2.3 - Consider the following large and small colored...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 - 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 - We have indicated the number of elements in each...Ch. 2.3 - Prob. 42ECh. 2.3 - We have indicated the number of elements in each...Ch. 2.3 - Prob. 44ECh. 2.3 - We have indicated the number of elements in each...Ch. 2.3 - We have indicated the number of elements in each...Ch. 2.3 - Prob. 47ECh. 2.3 - We have indicated the number of elements in each...Ch. 2.3 - Appling What youve learned In the following table,...Ch. 2.3 - Appling What youve learned In the following table,...Ch. 2.3 - Applying What Youve Learned In the following...Ch. 2.3 - Applying What Youve Learned In the following...Ch. 2.3 - Applying What Youve Learned In the following...Ch. 2.3 - Prob. 54ECh. 2.3 - Applying What Youve Learned In the following...Ch. 2.3 - Applying What Youve Learned In the following...Ch. 2.3 - Prob. 57ECh. 2.3 - Prob. 58ECh. 2.3 - Prob. 59ECh. 2.3 - Prob. 60ECh. 2.3 - Prob. 61ECh. 2.3 - Prob. 62ECh. 2.3 - Prob. 63ECh. 2.3 - Prob. 64ECh. 2.3 - As of January 2016, Box Office Mojo reported that,...Ch. 2.3 - As of January 2016, Box Office Mojo reported that,...Ch. 2.3 - As of January 2016, Box Office Mojo reported that,...Ch. 2.3 - As of January 2016, Box Office Mojo reported that,...Ch. 2.3 - As of January 2016, Box Office Mojo reported that,...Ch. 2.3 - As of January 2016, Box Office Mojo reported that,...Ch. 2.3 - Prob. 71ECh. 2.3 - Prob. 72ECh. 2.3 - Communicating Mathematics Students often mistake...Ch. 2.3 - Communicating Mathematics Give some examples in...Ch. 2.3 - Prob. 77ECh. 2.3 - Prob. 78ECh. 2.3 - Challenge Yourself In Exercise 77 80, decide...Ch. 2.3 - Challenge Yourself In Exercise 77 80, decide...Ch. 2.3 - In Exercise 81 84, assume AB. Express each set in...Ch. 2.3 - Prob. 82ECh. 2.3 - In Exercise 81 84, assume AB. Express each set in...Ch. 2.3 - In Exercise 81 84, Assume AB. Express each set in...Ch. 2.3 - Prob. 85ECh. 2.3 - Example 8 shows that in set theory, intersection...Ch. 2.4 - Sharpening Your Skills In Exercises 14, determine...Ch. 2.4 - Sharpening Your Skills In Exercises 14, determine...Ch. 2.4 - Sharpening Your Skills In Exercises 14, determine...Ch. 2.4 - Sharpening Your Skills In Exercises 14, determine...Ch. 2.4 - Sharpening Your Skills In Exercises 5-10, describe...Ch. 2.4 - Prob. 6ECh. 2.4 - Sharpening Your Skills In Exercises 5-10, describe...Ch. 2.4 - Sharpening Your Skills In Exercises 5-10, describe...Ch. 2.4 - Prob. 9ECh. 2.4 - Prob. 10ECh. 2.4 - Prob. 11ECh. 2.4 - Sharpening Your Skills The numbers in the regions...Ch. 2.4 - Prob. 13ECh. 2.4 - Sharpening Your Skills The numbers in the regions...Ch. 2.4 - Prob. 15ECh. 2.4 - Sharpening Your Skills The numbers in the regions...Ch. 2.4 - Sharpening Your Skills The numbers in the regions...Ch. 2.4 - Sharpening Your Skills The numbers in the regions...Ch. 2.4 - Sharpening Your Skills The numbers in the regions...Ch. 2.4 - Sharpening Your Skills The numbers in the regions...Ch. 2.4 - Sharpening Your Skills In Exercises 21 26, find,...Ch. 2.4 - Sharpening Your Skills In Exercises 21 26, find,...Ch. 2.4 - Sharpening Your Skills In Exercises 21 26, find,...Ch. 2.4 - Sharpening Your Skills In Exercises 21 26, find,...Ch. 2.4 - Sharpening Your Skills In Exercises 21 26, find,...Ch. 2.4 - Sharpening Your Skills In Exercises 21 26, find,...Ch. 2.4 - Applying What Youve Learned Automobile accidents....Ch. 2.4 - Applying What Youve Learned Concerns about social...Ch. 2.4 - Applying What Youve Learned There are 82 people...Ch. 2.4 - Applying What Youve Learned There are 95 students...Ch. 2.4 - Applying What Youve Learned Survey of vacationers....Ch. 2.4 - Applying What Youve Learned Search engine survey....Ch. 2.4 - Applying What Youve Learned Fitness survey....Ch. 2.4 - Applying What Youve Learned Academic services...Ch. 2.4 - Applying What Youve Learned 35. World issues...Ch. 2.4 - Prob. 36ECh. 2.4 - Prob. 37ECh. 2.4 - Applying What Youve Learned 38. Online music...Ch. 2.4 - Prob. 39ECh. 2.4 - Prob. 40ECh. 2.4 - Prob. 41ECh. 2.4 - Prob. 42ECh. 2.4 - Prob. 43ECh. 2.4 - Prob. 44ECh. 2.4 - Prob. 45ECh. 2.4 - Prob. 46ECh. 2.4 - Prob. 47ECh. 2.4 - Prob. 48ECh. 2.4 - A person can safely receive a transfusion from...Ch. 2.4 - Prob. 50ECh. 2.4 - Prob. 51ECh. 2.4 - Communicating Mathematics In Figure 2.13a,...Ch. 2.4 - Math in Your: Life: Between the Numbers Validity...Ch. 2.4 - Math in Your Life: Between the Numbers Validity of...Ch. 2.4 - Challenge Yourself As you saw in Section 2.3, a...Ch. 2.4 - Prob. 56ECh. 2.4 - Prob. 57ECh. 2.4 - Challenge Yourself Thinking along the lines of...Ch. 2.4 - Prob. 59ECh. 2.4 - Prob. 60ECh. 2.5 - Prob. 1ECh. 2.5 - Prob. 2ECh. 2.5 - Prob. 3ECh. 2.5 - Prob. 4ECh. 2.5 - Prob. 5ECh. 2.5 - Sharpening Your Skills In Exercises 1-8, show that...Ch. 2.5 - Prob. 7ECh. 2.5 - Sharpening Your Skills In Exercises 1-8, show that...Ch. 2.5 - In Exercises 9-12, we give an expression...Ch. 2.5 - In Exercises 9-12, we give an expression...Ch. 2.5 - In Exercises 9-12, we give an expression...Ch. 2.5 - In Exercises 9-12, we give an expression...Ch. 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 - In Example 3, we showed you how to match the...Ch. 2.5 - In Example 3, we showed you how to match the...Ch. 2.5 - In Example 3, we showed you how to match the...Ch. 2.5 - In Example 3, we showed you how to match the...Ch. 2.5 - Communicating Mathematics In Example 3, what did...Ch. 2.5 - Communicating Mathematics What was the essence of...Ch. 2.5 - Communicating Mathematics How would you convince...Ch. 2.5 - Communicating Mathematics How would you convince...Ch. 2.5 - Communicating Mathematics In Example 3, why did we...Ch. 2.5 - In constructing the number x in Example 4, how...Ch. 2.5 - Prob. 33ECh. 2.5 - Prob. 34ECh. 2.5 - The arithmetic of infinite cardinal numbers has...Ch. 2.5 - Prob. 36ECh. 2.5 - Imagine that we bend a line segment representing...Ch. 2.5 - Use an argument similar to that of Exercise 37 to...Ch. 2.CR - Prob. 1CRCh. 2.CR - Explain whyCh. 2.CR - Make up a bag diagram to illustrate the set 3, ,1,...Ch. 2.CR - Find the cardinal number of each of these sets....Ch. 2.CR - Prob. 5CRCh. 2.CR - Decide whether each statement is true and false....Ch. 2.CR - Prob. 7CRCh. 2.CR - Prob. 8CRCh. 2.CR - Prob. 9CRCh. 2.CR - Using the same sets as in Exercise 9, find the...Ch. 2.CR - Prob. 11CRCh. 2.CR - Use DeMorgans laws to represent (AB) in a...Ch. 2.CR - a. List three algebraic properties satisfied by...Ch. 2.CR - State the Inclusion-Exclusion Principle. What is a...Ch. 2.CR - Use the following information to answer the given...Ch. 2.CR - .A survey was taken of college freshman regarding...Ch. 2.CR - Prob. 17CRCh. 2.CR - What is the definition of an infinite set?Ch. 2.CR - Show that the set of natural numbers is infinite.Ch. 2.CR - In matching the rational numbers with the natural...Ch. 2.CR - In creating the number x in Example 4 in Section...Ch. 2.CT - Chapter Test Use an alternative method to express...Ch. 2.CT - Prob. 2CTCh. 2.CT - Prob. 3CTCh. 2.CT - Let U={1,2,3,...,10} and let A={1,2,5,6,9},...Ch. 2.CT - Explain why {}:Ch. 2.CT - Prob. 6CTCh. 2.CT - Prob. 7CTCh. 2.CT - Make up a bag diagram to illustrate the set...Ch. 2.CT - Prob. 9CTCh. 2.CT - Prob. 10CTCh. 2.CT - Prob. 11CTCh. 2.CT - Chapter Test Use the following information to...Ch. 2.CT - Chapter Test A survey was taken of drivers...Ch. 2.CT - Prob. 14CTCh. 2.CT - Prob. 15CTCh. 2.CT - Chapter Test In matching the rational numbers with...Ch. 2.CT - Chapter Test 17.In creating the number x in...Ch. 2.CT - Using the blood type classifications that we...
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- During each time period, a potential customer arrives at a restaurant with probability 1/2. If there are already two people at the restaurant (including the one being served), the potential customer leaves the restaurant immediately and never returns. However, if there is one person or less, he enters the restaurant and becomes an actual customer. The manager has two types of service configurations available. At the beginning of each period, a decision must be made on which configuration to use. If she uses her "slow" configuration at a cost of $3 and any customers are present during the period, one customer will be served and leave with probability 3/5. If she uses her "fast" configuration at a cost of $9 and any customers are present during the period, one customer will be served and leave with probability 4/5. The probability of more than one customer arriving or more than one customer being served in a period is zero. A profit of $50 is earned when a customer is served. The manager…arrow_forwardEvery Saturday night a man plays poker at his home with the same group of friends. If he provides refreshments for the group (at an expected cost of $14) on any given Saturday night, the group will begin the following Saturday night in a good mood with probability 7/8 and in a bad mood with probability 1/8. However, if he fail to provide refreshments, the group will begin the following Saturday night in a good mood with probability 1/8 and in a bad mood with probability 7/8 regardless of their mood this Saturday. Furthermore, if the group begins the night in a bad mood and then he fails to provide refreshments, the group will gang up on him so that he incurs expected poker losses of $75. Under other circumstances he averages no gain or loss on his poker play. The man wishes to find the policy regarding when to provide refreshments that will minimize his (long-run) expected average cost per week. (1). Formulate this problem as a Markov decision process by identifying the states and…arrow_forwardThis year Amanda decides to invest in two different no-load mutual funds: the G Fund or the L Mutual Fund. At the end of each year, she liquidates her holdings, takes her profits, and then reinvests. The yearly profits of the mutual funds depend on where the market stood at the end of the preceding year. Recently the market has been oscillating around level 2 from one year end to the next, according to the probabilities given in the following transition matrix : L1 L2 L3 L1 0.2 0.4 0.4 L2 0.1 0.4 0.5 L3 0.3 0.3 0.4 Each year that the market moves up (down) 1 level, the G Fund has profits (losses) of $20k, while the L Fund has profits (losses) of $10k. If the market moves up (down) 2 level in a year, the G Fund has profits (losses) of $50k, while the L Fund has profits (losses) of only $20k. If the market does not change, there is no profit or loss for either fund. Amanda wishes to determine her optimal investment policy in order to maximize her (long-run) expected average profit per…arrow_forward
- A researcher wishes to estimate, with 90% confidence, the population proportion of adults who support labeling legislation for genetically modified organisms (GMOs). Her estimate must be accurate within 4% of the true proportion. (a) No preliminary estimate is available. Find the minimum sample size needed. (b) Find the minimum sample size needed, using a prior study that found that 65% of the respondents said they support labeling legislation for GMOs. (c) Compare the results from parts (a) and (b). ... (a) What is the minimum sample size needed assuming that no prior information is available? n = (Round up to the nearest whole number as needed.)arrow_forwardThe table available below shows the costs per mile (in cents) for a sample of automobiles. At a = 0.05, can you conclude that at least one mean cost per mile is different from the others? Click on the icon to view the data table. Let Hss, HMS, HLS, Hsuv and Hмy represent the mean costs per mile for small sedans, medium sedans, large sedans, SUV 4WDs, and minivans respectively. What are the hypotheses for this test? OA. Ho: Not all the means are equal. Ha Hss HMS HLS HSUV HMV B. Ho Hss HMS HLS HSUV = μMV Ha: Hss *HMS *HLS*HSUV * HMV C. Ho Hss HMS HLS HSUV =μMV = = H: Not all the means are equal. D. Ho Hss HMS HLS HSUV HMV Ha Hss HMS HLS =HSUV = HMVarrow_forwardQuestion: A company launches two different marketing campaigns to promote the same product in two different regions. After one month, the company collects the sales data (in units sold) from both regions to compare the effectiveness of the campaigns. The company wants to determine whether there is a significant difference in the mean sales between the two regions. Perform a two sample T-test You can provide your answer by inserting a text box and the answer must include: Null hypothesis, Alternative hypothesis, Show answer (output table/summary table), and Conclusion based on the P value. (2 points = 0.5 x 4 Answers) Each of these is worth 0.5 points. However, showing the calculation is must. If calculation is missing, the whole answer won't get any credit.arrow_forward
- Binomial Prob. Question: A new teaching method claims to improve student engagement. A survey reveals that 60% of students find this method engaging. If 15 students are randomly selected, what is the probability that: a) Exactly 9 students find the method engaging?b) At least 7 students find the method engaging? (2 points = 1 x 2 answers) Provide answers in the yellow cellsarrow_forwardIn a survey of 2273 adults, 739 say they believe in UFOS. Construct a 95% confidence interval for the population proportion of adults who believe in UFOs. A 95% confidence interval for the population proportion is ( ☐, ☐ ). (Round to three decimal places as needed.)arrow_forwardFind the minimum sample size n needed to estimate μ for the given values of c, σ, and E. C=0.98, σ 6.7, and E = 2 Assume that a preliminary sample has at least 30 members. n = (Round up to the nearest whole number.)arrow_forward
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