Mathematical Ideas (13th Edition) - Standalone book
13th Edition
ISBN: 9780321977076
Author: Charles D. Miller, Vern E. Heeren, John Hornsby, Christopher Heeren
Publisher: PEARSON
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Chapter 3.2, Problem 17E
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Problem1
We consider a two-period binomial model with the following properties: each period lastsone (1) year and the current stock price is S0 = 4. On each period, the stock price doubleswhen it moves up and is reduced by half when it moves down. The annual interest rateon the money market is 25%. (This model is the same as in Prob. 1 of HW#2).We consider four options on this market: A European call option with maturity T = 2 years and strike price K = 5; A European put option with maturity T = 2 years and strike price K = 5; An American call option with maturity T = 2 years and strike price K = 5; An American put option with maturity T = 2 years and strike price K = 5.(a) Find the price at time 0 of both European options.(b) Find the price at time 0 of both American options. Compare your results with (a)and comment.(c) For each of the American options, describe the optimal exercising strategy.
Please ensure that all parts of the question are answered thoroughly and clearly. Include a diagram to help explain answers. Make sure the explanation is easy to follow. Would appreciate work done written on paper. Thank you.
This question builds on an earlier problem. The randomized numbers may have changed, but have your work for the previous problem available to help with this one.
A 4-centimeter rod is attached at one end to a point A rotating counterclockwise on a wheel of radius 2 cm. The other end B is free to move back and forth along a horizontal bar that goes through the center of the wheel. At time t=0 the rod is situated as in the diagram at the left below. The
wheel rotates counterclockwise at 1.5 rev/sec. At some point, the rod will be tangent to the circle as shown in the third picture.
A
B
A
B
at some instant, the piston will be tangent to the circle
(a) Express the x and y coordinates of point A as functions of t:
x= 2 cos(3πt)
and y= 2 sin(3t)
(b) Write a formula for the slope of the tangent line to the circle at the point A at time t seconds:
-cot(3πt)
sin(3лt)
(c) Express the x-coordinate of the right end of the rod at point B as a function of t: 2 cos(3πt) +411-
4
-2 sin (3лt)
(d)…
Chapter 3 Solutions
Mathematical Ideas (13th Edition) - Standalone book
Ch. 3.1 - Decide whether each is a statement or is not a...Ch. 3.1 - The ZIP code for Oscar, Louisiana, is 70762.Ch. 3.1 - 3. Listen, my children, and you shall hear of the...Ch. 3.1 - 4.Did you yield to oncoming traffic?Ch. 3.1 - 5.
Ch. 3.1 - 6.
Ch. 3.1 - 7 Some numbers are positive.
Ch. 3.1 - |8. Grover Cleveland was president of the United...Ch. 3.1 - Accidents are the main cause of deaths of children...Ch. 3.1 - 10 It is projected that in the United States...
Ch. 3.1 - Where are you going tomorrow?Ch. 3.1 - Behave yourself and sit down.Ch. 3.1 - Kevin Catfish" McCarthy once took a prolonged...Ch. 3.1 - 14 One gallon of milk weighs more than 3 pounds.
Ch. 3.1 - Decide whether each statement is compound. I read...Ch. 3.1 - My brother got married in Copenhagen.Ch. 3.1 - 17. Tomorrow is Saturday.
Ch. 3.1 - Jing is younger than 18 years of age, and so is...Ch. 3.1 - Prob. 19ECh. 3.1 - 20. The sign on the back of the car read "Canada...Ch. 3.1 - 21 If Lorri sells her quota, then Michelle will be...Ch. 3.1 - If Bobby is a politician, then Mitch is a crook.Ch. 3.1 - Write a negation for each statement.
23. Her...Ch. 3.1 - 24. No rain fell in southern California today.
Ch. 3.1 - Some books are longer than this book.Ch. 3.1 - 26. All students present will get another chance.
Ch. 3.1 - 27. No computer repairman can play blackjack.
Ch. 3.1 - 28. Some people have all the luck.
Ch. 3.1 - Everybody loves somebody sometime.Ch. 3.1 - Prob. 30ECh. 3.1 - The trash needs to be collectedCh. 3.1 - Prob. 32ECh. 3.1 - Give a negation of each inequality. Do not use a...Ch. 3.1 - Prob. 34ECh. 3.1 - 35.
Ch. 3.1 - Prob. 36ECh. 3.1 - Try to negate the sentence The exact number of...Ch. 3.1 - Prob. 38ECh. 3.1 - Let p represent the statement 'She has green eyes...Ch. 3.1 - 40.
Ch. 3.1 - Prob. 41ECh. 3.1 - 42.
Ch. 3.1 - pqCh. 3.1 - 44.
Ch. 3.1 - pqCh. 3.1 - pqCh. 3.1 - (pq)Ch. 3.1 - 48.
Ch. 3.1 - Tyler collects DVDs and Josh is not an art major.Ch. 3.1 - Tyler does not collect DVDs or Josh is not an art...Ch. 3.1 - Tyler does not collect DVDs or Josh is an art...Ch. 3.1 - Josh is an art major and Tyler does not collect...Ch. 3.1 - 53. Neither Tyler collects DVDs nor Josh is an art...Ch. 3.1 - 54. Either Josh is an art major or Tyler collects...Ch. 3.1 - Incorrect use of quantifiers often is heard in...Ch. 3.1 - Prob. 56ECh. 3.1 - Refer to the groups of art labeled A. B. and C,...Ch. 3.1 - 58. No picture has a frame.
Ch. 3.1 - 59. At least one picture does not have a frame
Ch. 3.1 - Not every picture has a frame.Ch. 3.1 - 61. At least one picture has a frame.
Ch. 3.1 - 62. No picture does not have a frame.
Ch. 3.1 - All pictures do not have frames.Ch. 3.1 - Not every picture does not have a frameCh. 3.1 - 65. Every whole number is an integer.
Ch. 3.1 - 66. Every integer is a whole number.
Ch. 3.1 - There exists a natural number that is not an...Ch. 3.1 - 68. There exists an integer that is not a natural...Ch. 3.1 - 69. All rational numbers are real numbers.
Ch. 3.1 - Prob. 70ECh. 3.1 - Some rational numbers are not integers.Ch. 3.1 - Some whole numbers are not rational numbers.Ch. 3.1 - 73. Each whole number is a positive number.
Ch. 3.1 - Each rational number is a positive number.Ch. 3.1 - 75. Explain the difference between the statements...Ch. 3.1 - Prob. 76ECh. 3.1 - 77. Write the following statement using “every”:...Ch. 3.1 - Prob. 78ECh. 3.1 - Refer to Example 5. If we let c represent cat and...Ch. 3.1 - 80. Use symbols to express the statements for...Ch. 3.2 - 1. If q is false, what must be the truth value of...Ch. 3.2 - If q is true, what must be the truth value of the...Ch. 3.2 - If the statement pq is true, and p is true, then q...Ch. 3.2 - If the statement pq is false, and p is false, then...Ch. 3.2 - 5. If is true, what must be the truth value of...Ch. 3.2 - If p(qr) is true, what must be the truth value of...Ch. 3.2 - If (pq) is true, what must be the truth values of...Ch. 3.2 - If (pq) is false, what must be the truth values of...Ch. 3.2 - pCh. 3.2 - qCh. 3.2 - 11.
Ch. 3.2 - 12.
Ch. 3.2 - 13.
Ch. 3.2 - 14.
Ch. 3.2 - pqCh. 3.2 - pqCh. 3.2 - 17.
Ch. 3.2 - 18.
Ch. 3.2 - [p(p)]Ch. 3.2 - [(pq)q]Ch. 3.2 - 21. Is the statement a conjunction or a...Ch. 3.2 - Prob. 22ECh. 3.2 - Let p represent a true statement, and let q and r...Ch. 3.2 - 24.
Ch. 3.2 - p(qr)Ch. 3.2 - 26
Ch. 3.2 - (pq)(rq)Ch. 3.2 - (rq)(rq)Ch. 3.2 - 29.
Ch. 3.2 - [r(qp)]Ch. 3.2 - [q(rp)]Ch. 3.2 - 32.
Ch. 3.2 - Let p represent the statement 168. let q represent...Ch. 3.2 - Prob. 34ECh. 3.2 - qrCh. 3.2 - Prob. 36ECh. 3.2 - (pq)rCh. 3.2 - Prob. 38ECh. 3.2 - (rq)pCh. 3.2 - Prob. 40ECh. 3.2 - Give the number of rows in the truth table for...Ch. 3.2 - Prob. 42ECh. 3.2 - 43.
Ch. 3.2 - 44.
Ch. 3.2 - 45.
Ch. 3.2 - [(pq)(rs)][(mn)(uv)]Ch. 3.2 - 47 If the truth table for a certain compound...Ch. 3.2 - Is it possible for the truth table of a compound...Ch. 3.2 - Construct a truth table for each compound...Ch. 3.2 - pqCh. 3.2 - 51.
Ch. 3.2 - pqCh. 3.2 - (qp)qCh. 3.2 - 54.
Ch. 3.2 - 55.
Ch. 3.2 - (pq)(pq)Ch. 3.2 - (pq)rCh. 3.2 - r(pq)Ch. 3.2 - 59.
Ch. 3.2 - (rp)(pq)Ch. 3.2 - Construct a truth table for each compound...Ch. 3.2 - (rs)(pq)Ch. 3.2 - Use one of De Morgan’s laws to write the negation...Ch. 3.2 - I am not going or she is going.Ch. 3.2 - It is summer and there is no snow.Ch. 3.2 - Prob. 66ECh. 3.2 - I said yes but she said noCh. 3.2 - Prob. 68ECh. 3.2 - Prob. 69ECh. 3.2 - 810or52Ch. 3.2 - Prob. 71ECh. 3.2 - 72. The lawyer and the client appeared in court.
Ch. 3.2 - Prob. 73ECh. 3.2 - Prob. 74ECh. 3.2 - There exists an integer n such that n0andn0 ..Ch. 3.2 - 76. For some integer .
Ch. 3.2 - Complete the truth table for exclusive disjunction...Ch. 3.2 - Prob. 78ECh. 3.2 - Prob. 79ECh. 3.2 - Prob. 80ECh. 3.2 - Prob. 81ECh. 3.2 - Prob. 82ECh. 3.2 - Prob. 83ECh. 3.2 - Prob. 84ECh. 3.2 - 85 De Morgan's law
can be stated verbally, "The...Ch. 3.3 - Rewrite each statement using the if . . . then...Ch. 3.3 - Rewrite each statement using the if then...Ch. 3.3 - Rewrite each statement using the if . . . then...Ch. 3.3 - No perfect square integers have units digit 2, 3,...Ch. 3.3 - Prob. 5ECh. 3.3 - Rewrite each statement using the if then...Ch. 3.3 - Prob. 7ECh. 3.3 - Rewrite each statement using the if then...Ch. 3.3 - Prob. 9ECh. 3.3 - Decide whether each statement is true or...Ch. 3.3 - Prob. 11ECh. 3.3 - Prob. 12ECh. 3.3 - Decide whether each statement is true or...Ch. 3.3 - Prob. 14ECh. 3.3 - Prob. 15ECh. 3.3 - Prob. 16ECh. 3.3 - |17. Explain why the statement “If , then ” is...Ch. 3.3 - Prob. 18ECh. 3.3 - Prob. 19ECh. 3.3 - Prob. 20ECh. 3.3 - Prob. 21ECh. 3.3 - Prob. 22ECh. 3.3 - Prob. 23ECh. 3.3 - Prob. 24ECh. 3.3 - Let s represent “She sings for a living,” let p...Ch. 3.3 - Let s represent She sings for a living, let p...Ch. 3.3 - Prob. 27ECh. 3.3 - Let s represent She sings for a living, let p...Ch. 3.3 - Prob. 29ECh. 3.3 - Let s represent “She sings for a living,” let p...Ch. 3.3 - Prob. 31ECh. 3.3 - Let b represent I take my ball, lets represent it...Ch. 3.3 - Prob. 33ECh. 3.3 - Let b represent I take my ball, lets represent it...Ch. 3.3 - Prob. 35ECh. 3.3 - Let b represent I take my ball, lets represent it...Ch. 3.3 - Prob. 37ECh. 3.3 - Find the truth value of each statement. Assume...Ch. 3.3 - Prob. 39ECh. 3.3 - Find the truth value of each statement. Assume...Ch. 3.3 - Prob. 41ECh. 3.3 - Find the truth value of each statement. Assume...Ch. 3.3 - Prob. 43ECh. 3.3 - Find the truth value of each statement. Assume...Ch. 3.3 - Prob. 45ECh. 3.3 - Find the truth value of each statement. Assume...Ch. 3.3 - Prob. 47ECh. 3.3 - Prob. 48ECh. 3.3 - Prob. 49ECh. 3.3 - Construct a truth table for each statement....Ch. 3.3 - Prob. 51ECh. 3.3 - Construct a truth table for each statement....Ch. 3.3 - Prob. 53ECh. 3.3 - Construct a truth table for each statement....Ch. 3.3 - Construct a truth table /breach statement....Ch. 3.3 - Construct a truth table /breach statement....Ch. 3.3 - Prob. 57ECh. 3.3 - Construct a truth table /breach statement....Ch. 3.3 - 59. What is the minimum number of Fs that must...Ch. 3.3 - Prob. 60ECh. 3.3 - Prob. 61ECh. 3.3 - Write the negation of each statement. Remember...Ch. 3.3 - Prob. 63ECh. 3.3 - Write the negation of each statement. Remember...Ch. 3.3 - Prob. 65ECh. 3.3 - Write the negation of each statement. Remember...Ch. 3.3 - Write each statement as an equivalent statement...Ch. 3.3 - Prob. 68ECh. 3.3 - Prob. 69ECh. 3.3 - Prob. 70ECh. 3.3 - Prob. 71ECh. 3.3 - Prob. 72ECh. 3.3 - Prob. 73ECh. 3.3 - Prob. 74ECh. 3.3 - Prob. 75ECh. 3.3 - Prob. 76ECh. 3.3 - Prob. 77ECh. 3.3 - Prob. 78ECh. 3.3 - Prob. 79ECh. 3.3 - Prob. 80ECh. 3.3 - Prob. 81ECh. 3.3 - Prob. 82ECh. 3.3 - Prob. 83ECh. 3.3 - Write a logical statement representing each of the...Ch. 3.3 - Write a logical statement representing each of the...Ch. 3.3 - Prob. 86ECh. 3.3 - Prob. 87ECh. 3.3 - Prob. 88ECh. 3.3 - Prob. 89ECh. 3.3 - Prob. 90ECh. 3.3 - Draw circuits representing the following...Ch. 3.3 - Prob. 92ECh. 3.3 - Prob. 93ECh. 3.3 - Draw circuits representing the following...Ch. 3.3 - Prob. 95ECh. 3.3 - Prob. 96ECh. 3.3 - Prob. 97ECh. 3.4 - For each given conditional statement (or statement...Ch. 3.4 - For each given conditional statement (or statement...Ch. 3.4 - If it aint broke, dont fix it. For each given...Ch. 3.4 - Prob. 4ECh. 3.4 - For each given conditional statement (or statement...Ch. 3.4 - 6, Milk contains calcium. For each given...Ch. 3.4 - For each given conditional statement (or statement...Ch. 3.4 - Prob. 8ECh. 3.4 - Prob. 9ECh. 3.4 - For each given conditional statement (or statement...Ch. 3.4 - Prob. 11ECh. 3.4 - Prob. 12ECh. 3.4 - Prob. 13ECh. 3.4 - Prob. 14ECh. 3.4 - Prob. 15ECh. 3.4 - Prob. 16ECh. 3.4 - 17 Discuss the equivalences that exist among a...Ch. 3.4 - Prob. 18ECh. 3.4 - Prob. 19ECh. 3.4 - Prob. 20ECh. 3.4 - Prob. 21ECh. 3.4 - Write each statement in the form if p, then q....Ch. 3.4 - Prob. 23ECh. 3.4 - Write each statement in the form “if p, then...Ch. 3.4 - Write each statement in the form “if p, then...Ch. 3.4 - 26. Being in Kalamazoo is sufficient for being in...Ch. 3.4 - Prob. 27ECh. 3.4 - Prob. 28ECh. 3.4 - Prob. 29ECh. 3.4 - 30. The economy will recover only if employment...Ch. 3.4 - Prob. 31ECh. 3.4 - No integers are irrational numbersCh. 3.4 - Prob. 33ECh. 3.4 - Prob. 34ECh. 3.4 - Prob. 35ECh. 3.4 - 36. A square is a rectangle with two adjacent...Ch. 3.4 - Prob. 37ECh. 3.4 - Prob. 38ECh. 3.4 - Prob. 39ECh. 3.4 - Prob. 40ECh. 3.4 - Prob. 41ECh. 3.4 - Prob. 42ECh. 3.4 - Prob. 43ECh. 3.4 - Prob. 44ECh. 3.4 - Prob. 45ECh. 3.4 - Prob. 46ECh. 3.4 - Prob. 47ECh. 3.4 - Prob. 48ECh. 3.4 - Prob. 49ECh. 3.4 - Prob. 50ECh. 3.4 - Prob. 51ECh. 3.4 - Prob. 52ECh. 3.4 - Prob. 53ECh. 3.4 - This number is positive. This same number is a...Ch. 3.4 - Prob. 55ECh. 3.4 - Prob. 56ECh. 3.4 - Exercises 57 and 58 refer to the chapter opener on...Ch. 3.4 - Exercises 57 and 58 refer to the chapter opener on...Ch. 3.5 - Decide whether each argument is valid or...Ch. 3.5 - 2. All disc jockeys play music.
Ch. 3.5 - All celebrities have problems....Ch. 3.5 - All Southerners speak with an accent....Ch. 3.5 - All dogs love to bury bones...Ch. 3.5 - 6 All vice presidents use cell phones.
Ch. 3.5 - 7 All residents of Colorado know how to breathe...Ch. 3.5 - Prob. 8ECh. 3.5 - Prob. 9ECh. 3.5 - 10. Some philosophers are absent minded.
Ch. 3.5 - Prob. 11ECh. 3.5 - Prob. 12ECh. 3.5 - Refer to Example 3. If the second premise and the...Ch. 3.5 - Prob. 14ECh. 3.5 - Construct a valid argument based on the Euler...Ch. 3.5 - x represents vaccinationsCh. 3.5 - As mentioned in the text, an argument can have a...Ch. 3.5 - All actors have cars....Ch. 3.5 - All chickens have beaks....Ch. 3.5 - All chickens have beaks....Ch. 3.5 - Prob. 21ECh. 3.5 - Prob. 22ECh. 3.5 - Prob. 23ECh. 3.5 - 24. A scalene triangle has a longest side.
Ch. 3.5 - In Exercises 25-30. the premises marked A, B and C...Ch. 3.5 - 26. Some people who live in a suburb drive.
Ch. 3.5 - Prob. 27ECh. 3.5 - Some people who contribute to air pollution live...Ch. 3.5 - Prob. 29ECh. 3.5 - Prob. 30ECh. 3.6 - Each argument either is valid by one of the forms...Ch. 3.6 - 2. If you use binoculars, then you get a glimpse...Ch. 3.6 - 3. If Marina works hard enough, she will get a...Ch. 3.6 - If Isaiahs ankle heals on time, hell play this...Ch. 3.6 - 5. If he doesn't have to get up at 3 00 a m., he's...Ch. 3.6 - A mathematician is a device for turning coffee...Ch. 3.6 - If Clayton pitches, the Dodgers win....Ch. 3.6 - If Josh plays, the opponent gets shut out....Ch. 3.6 - If youre going through hell, keep going. (quote...Ch. 3.6 - If you can't get rid of the skeleton in your...Ch. 3.6 - She uses e-commerce or she pays by credit card....Ch. 3.6 - 12 Mia kicks or Drew passes.
Ch. 3.6 - Use a truth table to determine whether the...Ch. 3.6 - pqp qCh. 3.6 - pqq pCh. 3.6 - Prob. 16ECh. 3.6 - 17.
Ch. 3.6 - 18.
Ch. 3.6 - 19.
Ch. 3.6 - 20.
Ch. 3.6 - 21. =
Ch. 3.6 - (pq)(pq)qpCh. 3.6 - (pq)(pq)p qCh. 3.6 - Prob. 24ECh. 3.6 - 25.
Ch. 3.6 - Prob. 26ECh. 3.6 - Earlier we showed how to analyze arguments using...Ch. 3.6 - Prob. 28ECh. 3.6 - Determine whether each argument is valid or...Ch. 3.6 - 30. If Hurricane Gustave hit that grove of trees,...Ch. 3.6 - 31. If Yoda is my favorite Star Wars character,...Ch. 3.6 - 32 Carne Underwood sings or Joe Jonas is not a...Ch. 3.6 - The Cowboys will make the playoffs if and only if...Ch. 3.6 - If I've got you under my skin. then you are deep...Ch. 3.6 - 35. If Dr. Hardy is a department chairman, then he...Ch. 3.6 - Prob. 36ECh. 3.6 - Prob. 37ECh. 3.6 - All men are mortal Socrates is a man Therefore,...Ch. 3.6 - A recent DirecTV commercial had the following...Ch. 3.6 - Molly made the following observation If I want to...Ch. 3.6 - Prob. 41ECh. 3.6 - 42. None of your sons can do logic.
Ch. 3.6 - Prob. 43ECh. 3.6 - Prob. 44ECh. 3.6 - Prob. 45ECh. 3.6 - Prob. 46ECh. 3.6 - Prob. 47ECh. 3.6 - Prob. 48ECh. 3.6 - Prob. 49ECh. 3.6 - Let p be one is able to do logic," q be one is fit...Ch. 3.6 - Prob. 51ECh. 3.6 - Let p be it is a guinea pig. q be it is hopelessly...Ch. 3.6 - Prob. 53ECh. 3.6 - Prob. 54ECh. 3 - Write a negation for each statement. 63=3Ch. 3 - Write a negation for each statement. All men are...Ch. 3 - Prob. 3TCh. 3 - Write a negation for each statement. If I fall in...Ch. 3 - Write a negation for each statement.
5. She...Ch. 3 - Prob. 6TCh. 3 - Prob. 7TCh. 3 - Prob. 8TCh. 3 - Using the same statements as for Exercises 6-8,...Ch. 3 - Prob. 10TCh. 3 - In each of the following assume that p is true and...Ch. 3 - In each of the following assume that p is true and...Ch. 3 - In each of the following, assume that p is true...Ch. 3 - In each of the following assume that p is true and...Ch. 3 - 15 Explain in your own words why, if p is a...Ch. 3 - State the necessary conditions for each of the...Ch. 3 - Construct a truth table for each of the following....Ch. 3 - Construct a truth table for each of the following....Ch. 3 - Decide whether each statement is true or false....Ch. 3 - Decide whether each statement is true or false.
20...Ch. 3 - Write each conditional statement in if... then...Ch. 3 - Write each conditional statement in if then form....Ch. 3 - Write each conditional statement in if… then...Ch. 3 - Write each conditional statement in if then form....Ch. 3 - For each statement in Exercises 25 and 26, write...Ch. 3 - Prob. 26TCh. 3 - Prob. 27TCh. 3 - 28 Match each argument in parts (a) - (d) in the...Ch. 3 - Use a truth table to determine whether each...Ch. 3 - Use a truth table to determine whether each...
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- 5. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.AE.003. y y= ex² 0 Video Example x EXAMPLE 3 (a) Use the Midpoint Rule with n = 10 to approximate the integral कर L'ex² dx. (b) Give an upper bound for the error involved in this approximation. SOLUTION 8+2 1 L'ex² d (a) Since a = 0, b = 1, and n = 10, the Midpoint Rule gives the following. (Round your answer to six decimal places.) dx Ax[f(0.05) + f(0.15) + ... + f(0.85) + f(0.95)] 0.1 [0.0025 +0.0225 + + e0.0625 + 0.1225 e0.3025 + e0.4225 + e0.2025 + + e0.5625 €0.7225 +0.9025] The figure illustrates this approximation. (b) Since f(x) = ex², we have f'(x) = 0 ≤ f'(x) = < 6e. ASK YOUR TEACHER and f'(x) = Also, since 0 ≤ x ≤ 1 we have x² ≤ and so Taking K = 6e, a = 0, b = 1, and n = 10 in the error estimate, we see that an upper bound for the error is as follows. (Round your final answer to five decimal places.) 6e(1)3 e 24( = ≈arrow_forward1. Consider the following preference ballots: Number of voters Rankings 6 5 4 2 1st choice A DCB DC 2nd choice B B D 3rd choice DCBD 4th choice CA AAA For each of the four voting systems we have studied, determine who would win the election in each case. (Remember: For plurality with runoff, all but the top two vote-getters are simultaneously eliminated at the end of round 1.)arrow_forwardPractice k Help ises A 96 Anewer The probability that you get a sum of at least 10 is Determine the number of ways that the specified event can occur when two number cubes are rolled. 1. Getting a sum of 9 or 10 3. Getting a sum less than 5 2. Getting a sum of 6 or 7 4. Getting a sum that is odd Tell whether you would use the addition principle or the multiplication principle to determine the total number of possible outcomes for the situation described. 5. Rolling three number cubes 6. Getting a sum of 10 or 12 after rolling three number cubes A set of playing cards contains four groups of cards designated by color (black, red, yellow, and green) with cards numbered from 1 to 14 in each group. Determine the number of ways that the specified event can occur when a card is drawn from the set. 7. Drawing a 13 or 14 9. Drawing a number less than 4 8. Drawing a yellow or green card 10. Drawing a black, red, or green car The spinner is divided into equal parts. Find the specified…arrow_forward
- Problem 1.We consider a two-period binomial model with the following properties: each period lastsone (1) year and the current stock price is S0 = 4. On each period, the stock price doubleswhen it moves up and is reduced by half when it moves down. The annual interest rateon the money market is 25%. We consider four options on this market: A European call option with maturity T = 2 years and strike price K = 5; A European put option with maturity T = 2 years and strike price K = 5; An American call option with maturity T = 2 years and strike price K = 5; An American put option with maturity T = 2 years and strike price K = 5.(a) Find the price at time 0 of both European options.(b) Find the price at time 0 of both American options. Compare your results with (a)and comment.(c) For each of the American options, describe the optimal exercising strategy.(d) We assume that you sell the American put to a market participant A for the pricefound in (b). Explain how you act on the market…arrow_forwardWhat is the standard scores associated to the left of z is 0.1446arrow_forward2. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.015. Use the Trapezoidal Rule, the Midpoint Rule, and Simpson's Rule to approximate the given integral with the specified value of n. (Round your answers to six decimal places.) ASK YOUR TEACHER 3 1 3 + dy, n = 6 (a) the Trapezoidal Rule (b) the Midpoint Rule (c) Simpson's Rule Need Help? Read It Watch Itarrow_forward
- This question builds on an earlier problem. The randomized numbers may have changed, but have your work for the previous problem available to help with this one. A 4-centimeter rod is attached at one end to a point A rotating counterclockwise on a wheel of radius 2 cm. The other end B is free to move back and forth along a horizontal bar that goes through the center of the wheel. At time t=0 the rod is situated as in the diagram at the left below. The wheel rotates counterclockwise at 1.5 rev/sec. At some point, the rod will be tangent to the circle as shown in the third picture. B A B at some instant, the piston will be tangent to the circle (a) Express the x and y coordinates of point A as functions of t: x= 2 cos(3πt) and y= 2 sin(3πt) (b) Write a formula for the slope of the tangent line to the circle at the point A at time t seconds: -cot (3πt) (c) Express the x-coordinate of the right end of the rod at point B as a function of t: 2 cos(3πt) +41/1 (d) Express the slope of the rod…arrow_forwardConsider the proof below: Proposition: If m is an even integer, then 5m +4 is an even integer. Proof: We see that |5m+4=10n+4 = 2(5n+2). Therefore, 5m+4 is an even integer. **Note: you may assume the proof is valid, just poorly written. Based upon the Section 1.3 screencast and the reading assignment, select all writing guidelines that are missing in the proof. Proof begins by stating assumptions ✓ Proof has an invitational tone/uses collective pronouns Proof is written in complete sentences Each step is justified ☐ Proof has a clear conclusionarrow_forwardNote: The purpose of this problem below is to use computational techniques (Excelspreadsheet, Matlab, R, Python, etc.) and code the dynamic programming ideas seen inclass. Please provide the numerical answer to the questions as well as a sample of yourwork (spreadsheet, code file, etc.).We consider an N-period binomial model with the following properties: N = 60, thecurrent stock price is S0 = 1000; on each period, the stock price increases by 0.5% whenit moves up and decreases by 0.3% when it moves down. The annual interest rate on themoney market is 5%. (Notice that this model is a CRR model, which means that thebinomial tree is recombining.)(a) Find the price at time t0 = 0 of a (European) call option with strike price K = 1040and maturity T = 1 year.(b) Find the price at time t0 = 0 of a (European) put option with strike price K = 1040and maturity T = 1 year.(c) We consider now, that you are at time t5 (i.e. after 5 periods, which represents 1month later). Assume that the stock…arrow_forward
- 4. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.024. Find the approximations Tη, Mn, and S, to the integral computer algebra system.) ASK YOUR TEACHER PRACTICE ANOTHER 4 39 √ dx for n = 6 and 12. Then compute the corresponding errors ET, EM, and Es. (Round your answers to six decimal places. You may wish to use the sum command on a n Tn Mn Sp 6 12 n ET EM Es 6 12 What observations can you make? In particular, what happens to the errors when n is doubled? As n is doubled, ET and EM are decreased by a factor of about Need Help? Read It ' and Es is decreased by a factor of aboutarrow_forward6. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.001. ASK YOUR TEACHER PRACTICE ANOTHER Let I = 4 f(x) dx, where f is the function whose graph is shown. = √ ² F(x 12 4 y f 1 2 (a) Use the graph to find L2, R2 and M2. 42 = R₂ = M₂ = 1 x 3 4arrow_forwardThe general solution X'=Ax is given. Discuss the nature of the solutions in a neighborhood of (0,0) -2-2 (²) |a) A = (23) X(A) = (₁ (fi)e* + (2 (2) eht -2-5arrow_forward
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