Finite Mathematics & Its Applications (12th Edition)
12th Edition
ISBN: 9780134507125
Author: Goldstein
Publisher: PEARSON
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Textbook Question
Chapter 3.1, Problem 34E
In Exercises 31-42, graph the given inequality.
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5) State any theorems that you use in determining your solution.
a) Suppose you are given a model with two explanatory variables such that:
Yi = a +ẞ1x1 + ẞ2x2i + Ui, i = 1, 2, ... n
Using partial differentiation derive expressions for the intercept and slope
coefficients for the model above.
[25 marks]
b)
A production function is specified as:
Yi = α + B₁x1i + ẞ2x2i + Ui,
i = 1, 2, ... n,
u₁~N(0,σ²)
where:
y = log(output), x₁ = log(labor input), x2 = log(capital input)
The results are as follows:
x₁ = 10, x2 = 5, ỹ = 12, S11 = 12, S12= 8, S22 = 12, S₁y = 10,
= 8, Syy = 10,
S2y
n = 23 (individual firms)
i) Compute values for the intercept, the slope coefficients and σ².
[20 marks]
ii)
Show that SE (B₁) = 0.102.
[15 marks]
iii)
Test the hypotheses: ẞ1
=
1 and B2 = 0, separately at the 5%
significance level. You may take without calculation that SE (a) = 0.78
and SE (B2) = 0.102
[20 marks]
iv)
Find a 95% confidence interval for the estimate ẞ2.
[20 marks]
Page < 2
of 2
- ZOOM +
The set of all 3 x 3 upper triangular matrices
6) Determine whether each of the following sets, together with the standard
operations, is a vector space. If it is, then simply write 'Vector space'. You do not
have to prove all ten vector space axioms. If it is not, then identify one of the ten
vector space axioms with its number in the attached sheet that fails and also show
that how it fails.
a) The set of all polynomials of degree four or less.
b) The set of all 2 x 2 singular matrices.
c) The set {(x, y) : x ≥ 0, y is a real number}.
d) C[0,1], the set of all continuous functions defined on the interval [0,1].
7) Given u = (-2,1,1) and v = (4,2,0) are two vectors in R³-space. Find u xv and
show that it is orthogonal to both u and v.
8) a) Find the equation of the least squares regression line for the data points
below.
(-2,0), (0,2), (2,2)
b) Graph the points and the line that you found from a) on the same Cartesian
coordinate plane.
1. A consumer group claims that the mean annual consumption of cheddar cheese by a person in
the United States is at most 10.3 pounds. A random sample of 100 people in the United States has
a mean annual cheddar cheese consumption of 9.9 pounds. Assume the population standard
deviation is 2.1 pounds. At a = 0.05, can you reject the claim? (Adapted from U.S. Department of
Agriculture)
State the hypotheses:
Calculate the test statistic:
Calculate the P-value:
Conclusion (reject or fail to reject Ho):
2. The CEO of a manufacturing facility claims that the mean workday of the company's assembly
line employees is less than 8.5 hours. A random sample of 25 of the company's assembly line
employees has a mean workday of 8.2 hours. Assume the population standard deviation is 0.5
hour and the population is normally distributed. At a = 0.01, test the CEO's claim.
State the hypotheses:
Calculate the test statistic:
Calculate the P-value:
Conclusion (reject or fail to reject Ho):
Statistics
Chapter 3 Solutions
Finite Mathematics & Its Applications (12th Edition)
Ch. 3.1 - Graph the inequality 3xy3.Ch. 3.1 - Graph the feasible set for the system of...Ch. 3.1 - In Exercises 1-4, state whether the inequality is...Ch. 3.1 - In Exercises 1-4, state whether the inequality is...Ch. 3.1 - In Exercises 1-4, state whether the inequality is...Ch. 3.1 - In Exercises 1-4, state whether the inequality is...Ch. 3.1 - In Exercises 5-7, solve for x, 2x53Ch. 3.1 - Prob. 6ECh. 3.1 - In Exercises 5-7, solve for x,
7.
Ch. 3.1 - Which of the following results from solving x+13...
Ch. 3.1 - Prob. 9ECh. 3.1 - In Exercises 9-14, write the linear inequality in...Ch. 3.1 - In Exercises 9-14, write the linear inequality in...Ch. 3.1 - In Exercises 9-14, write the linear inequality in...Ch. 3.1 - In Exercises 9-14, write the linear inequality in...Ch. 3.1 - In Exercises 9-14, write the linear inequality in...Ch. 3.1 - In Exercises 15-22, determine whether or not the...Ch. 3.1 - In Exercises 15-22, determine whether or not the...Ch. 3.1 - In Exercises 15-22, determine whether or not the...Ch. 3.1 - In Exercises 15-22, determine whether or not the...Ch. 3.1 - In Exercises 15-22, determine whether or not the...Ch. 3.1 - In Exercises 15-22, determine whether or not the...Ch. 3.1 - Prob. 21ECh. 3.1 - Prob. 22ECh. 3.1 - In Exercises 23-26, graph the given inequality by...Ch. 3.1 - In Exercises 23-26, graph the given inequality by...Ch. 3.1 - Prob. 25ECh. 3.1 - In Exercises 23-26, graph the given inequality by...Ch. 3.1 - In Exercises 27-30, give the linear inequality...Ch. 3.1 - In Exercises 27-30, give the linear inequality...Ch. 3.1 - In Exercises 27-30, give the linear inequality...Ch. 3.1 - In Exercises 27-30, give the linear inequality...Ch. 3.1 - In Exercises 31-42, graph the given inequality....Ch. 3.1 - In Exercises 31-42, graph the given...Ch. 3.1 - In Exercises 31-42, graph the given inequality. x2Ch. 3.1 - In Exercises 31-42, graph the given inequality. x0Ch. 3.1 - In Exercises 31-42, graph the given...Ch. 3.1 - In Exercises 31-42, graph the given inequality....Ch. 3.1 - In Exercises 31-42, graph the given inequality....Ch. 3.1 - In Exercises 31-42, graph the given...Ch. 3.1 - In Exercises 31-42, graph the given inequality....Ch. 3.1 - In Exercises 31-42, graph the given...Ch. 3.1 - In Exercises 31-42, graph the given inequality....Ch. 3.1 - In Exercises 31-42, graph the given inequality....Ch. 3.1 - In Exercises 43-48, graph the feasible set for the...Ch. 3.1 - In Exercises 43-48, graph the feasible set for the...Ch. 3.1 - In Exercises 43-48, graph the feasible set for the...Ch. 3.1 - In Exercises 43-48, graph the feasible set for the...Ch. 3.1 - In Exercises 43-48, graph the feasible set for the...Ch. 3.1 - In Exercises 43-48, graph the feasible set for the...Ch. 3.1 - In Exercises 49-52, determine whether the given...Ch. 3.1 - In Exercises 49-52, determine whether the given...Ch. 3.1 - In Exercises 49-52, determine whether the given...Ch. 3.1 - In Exercises 49-52, determine whether the given...Ch. 3.1 - In Exercises 52-56, determine whether the given...Ch. 3.1 - In Exercises 52-56, determine whether the given...Ch. 3.1 - In Exercises 52-56, determine whether the given...Ch. 3.1 - In Exercises 52-56, determine whether the given...Ch. 3.1 - Give a system of inequalities for which the graph...Ch. 3.1 - The shaded region in Fig. 9 is bounded by four...Ch. 3.1 - The shaded region in Fig. 10 is bounded by four...Ch. 3.1 - Which quadrant if Fig. 11 contains no points that...Ch. 3.1 - Graph the line 4x2y=7. (a) Locate the point on the...Ch. 3.1 - 62. Graph the line
(a) Locate the point on the...Ch. 3.1 - Display the feasible set in Exercise 47.Ch. 3.1 - Display the feasible set in Exercise 48.Ch. 3.2 - 1. Determine whether the following points are in...Ch. 3.2 - A physical fitness enthusiast decides to devote...Ch. 3.2 - Prob. 1ECh. 3.2 - Prob. 2ECh. 3.2 - In Exercises 14, determine whether the given point...Ch. 3.2 - Prob. 4ECh. 3.2 - Manufacturing Consider the furniture manufacturing...Ch. 3.2 - 6. Manufacturing Consider the furniture...Ch. 3.2 - Packaging Joes Confectionary puts together two...Ch. 3.2 - Nutrition-Animal Mr. Holloway decides to feed his...Ch. 3.2 - Shipping A truck traveling from New York to...Ch. 3.2 - 10. Mining A coal company owns mines in two...Ch. 3.2 - 11. Exam Strategy A student is taking an exam...Ch. 3.2 - 12. Political Campaign—Resource Allocation A local...Ch. 3.2 - Nutrition-Dairy Cows A dairy farmer concludes that...Ch. 3.2 - Manufacturing-Resource Allocation A clothing...Ch. 3.3 - The feasible set for the nutrition problem of...Ch. 3.3 - 2. Rework the nutrition problem, assuming that...Ch. 3.3 - For each of the feasible sets in Exercises 1–4,...Ch. 3.3 - For each of the feasible sets in Exercises 14,...Ch. 3.3 - For each of the feasible sets in Exercises 14,...Ch. 3.3 - Prob. 4ECh. 3.3 - In Exercises 58, find the values of x and y that...Ch. 3.3 - In Exercises 58, find the values of x and y that...Ch. 3.3 - In Exercises 58, find the values of x and y that...Ch. 3.3 - In Exercises 5–8, find the values of x and y that...Ch. 3.3 - In Exercises 9–12, find the values of x and y that...Ch. 3.3 - In Exercises 9–12, find the values of x and y that...Ch. 3.3 - In Exercises 9–12, find the values of x and y that...Ch. 3.3 - In Exercises 9–12, find the values of x and y that...Ch. 3.3 - 13. Nutrition—People Consider the nutrition...Ch. 3.3 - 14. Nutrition—People Consider the nutrition...Ch. 3.3 - 15. Packaging Refer to Exercises 3.2, Problem 7....Ch. 3.3 - Nutrition-Animal Refer to Exercises 3.2, Problem...Ch. 3.3 - 17. Shipping Refer to Exercises 3.2, Problem 9....Ch. 3.3 - 18. Mining Refer to Exercises 3.2, Problem 10....Ch. 3.3 - Exam Strategy Refer to Exercises 3.2, Problem 11....Ch. 3.3 - Political Campaign-Resource Allocation Refer to...Ch. 3.3 - 21. Nutrition—Dairy Cows Refer to Exercises 3.2,...Ch. 3.3 - Manufacturing-Resource Allocation Refer to...Ch. 3.3 - Prob. 23ECh. 3.3 - Prob. 24ECh. 3.3 - In Exercises 25–32, find the optimal value for the...Ch. 3.3 - In Exercises 25–32, find the optimal value for the...Ch. 3.3 - In Exercises 2532, find the optimal value for the...Ch. 3.3 - In Exercises 25–32, find the optimal value for the...Ch. 3.3 - In Exercises 25–32, find the optimal value for the...Ch. 3.3 - In Exercises 25–32, find the optimal value for the...Ch. 3.3 - In Exercises 2532, find the optimal value for the...Ch. 3.3 - In Exercises 25–32, find the optimal value for the...Ch. 3.3 - 33. Manufacturing—Resource Allocation Infotron,...Ch. 3.3 - 34. Manufacturing—Production Planning An...Ch. 3.3 - Agriculture-Crop Planning A farmer has 100 acres...Ch. 3.3 - 36. Manufacturing—Resource Allocation A company...Ch. 3.3 - 37. Manufacturing The E-JEM Company produces two...Ch. 3.3 - Refining A refinery has two smelters that extract...Ch. 3.3 - 39. Nutrition—People A nutritionist, working for...Ch. 3.3 - 40. Construction—Resource Allocation A contractor...Ch. 3.3 - 41. Packaging—Product Mix The Beautiful Day Fruit...Ch. 3.3 - 42. Manufacturing—Resource Allocation The Bluejay...Ch. 3.3 - Agriculture-Crop Planning Suppose that the farmer...Ch. 3.3 - 44. Nutrition Pavan wants to add a sliced carrot...Ch. 3.3 - Packaging A small candy shop makes a special Cupid...Ch. 3.3 - Prob. 46ECh. 3.3 - 47. Packaging A bath shop sells two different gift...Ch. 3.3 - Packaging A florist offers two types of Thank You...Ch. 3.3 - Consider the following linear programming problem:...Ch. 3.3 - Consider the following linear programming problem:...Ch. 3.3 - Prob. 51ECh. 3.3 - Use Excel or Wolfram| Alpha to solve Exercise 26.Ch. 3.4 - Problems 1–3 refer to Example 1. Translate the...Ch. 3.4 - Problems 13 refer to Example 1. Translate the...Ch. 3.4 - Problems 13 refer to Example 1. Translate the...Ch. 3.4 - A linear programming problem has objective...Ch. 3.4 - 1. Figure 10(a) shows the feasible set of the...Ch. 3.4 - Figure 10(b) shows the feasible set of the...Ch. 3.4 - Consider the feasible set in Fig. 11, where three...Ch. 3.4 - Consider the feasible set in Fig. 11, where three...Ch. 3.4 - Consider the feasible set in Fig. 11, where three...Ch. 3.4 - Prob. 6ECh. 3.4 - Prob. 7ECh. 3.4 - Consider the feasible set in Fig. 12, where three...Ch. 3.4 - Consider the feasible set in Fig. 12, where three...Ch. 3.4 - Consider the feasible set in Fig. 12, where three...Ch. 3.4 - Consider the feasible set in Fig. 13. For what...Ch. 3.4 - Prob. 12ECh. 3.4 - Nutrition-Animal Mr. Smith decides to feed his pet...Ch. 3.4 - Oil Production An oil company owns two refineries....Ch. 3.4 - Investment Planning Mr. Jones has $9000 to invest...Ch. 3.4 - Shipping-Product Mix A produce dealer in Florida...Ch. 3.4 - 17. Transportation—Shipping A foreign-car...Ch. 3.4 - Transportation-Shipping Consider the foreign-car...Ch. 3.4 - Manufacturing-Production Planning An oil refinery...Ch. 3.4 - 20. Manufacturing—Production Planning Suppose that...Ch. 3.4 - 21. Shipping—Resource Allocation A shipping...Ch. 3.4 - Shipping-Resource Allocation Suppose that the...Ch. 3.4 - 23. Transportation—Shipping A major coffee...Ch. 3.4 - Transportation-Shipping Consider the coffee...Ch. 3.4 - 25. Packaging—Product Mix A pet store sells three...Ch. 3.4 - Prob. 26ECh. 3.4 - 27. Refer to Fig. 6. As the lines of constant...Ch. 3.4 - Figure 16 shows the feasible set for the nutrition...Ch. 3.4 - Consider the feasible set in Fig. 17(a). In...Ch. 3.4 - Consider the feasible set in Fig. 17(a). In...Ch. 3.4 - Consider the feasible set in Fig. 17(a). In...Ch. 3.4 - Consider the feasible set in Fig. 17(a). In...Ch. 3.4 - Consider the feasible set in Fig. 17(a). In...Ch. 3.4 - Consider the feasible set in Fig. 17(a). In...Ch. 3.4 - Consider the feasible set in Fig. 17(a). In...Ch. 3.4 - Consider the feasible set in Fig. 17(a). In...Ch. 3.4 - Prob. 37ECh. 3 - State the inequality properties for addition,...Ch. 3 - What are the general forms of a linear inequality...Ch. 3 - Prob. 3FCCECh. 3 - 4. What is meant by the feasible set of a system...Ch. 3 - Prob. 5FCCECh. 3 - Prob. 6FCCECh. 3 - Prob. 7FCCECh. 3 - Prob. 8FCCECh. 3 - 9. Give a procedure for solving a linear...Ch. 3 - Prob. 1RECh. 3 - 2. Graph the linear inequality.
Ch. 3 - 3. Write the inequality whose graph is the...Ch. 3 - 4. Travel—Resource Allocation Terrapin Airlines...Ch. 3 - Nutrition-People A nutritionist is designing a new...Ch. 3 - Prob. 6RECh. 3 - Packaging-Product Mix A confectioner makes two...Ch. 3 - Prob. 8RECh. 3 - Packaging-Resource Allocation A computer company...Ch. 3 - Transportation-Shipping An appliance company has...Ch. 3 - Prob. 11RECh. 3 - Prob. 12RECh. 3 - Prob. 13RECh. 3 - Prob. 14RECh. 3 - Prob. 15RECh. 3 - Prob. 16RECh. 3 - When mathematicians are presented with a linear...Ch. 3 - When mathematicians are presented with a linear...Ch. 3 - When mathematicians are presented with a linear...Ch. 3 - When mathematicians are presented with a linear...Ch. 3 - When mathematicians are presented with a linear...Ch. 3 - When mathematicians are presented with a linear...
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