Finite Mathematics
7th Edition
ISBN: 9781337280426
Author: Stefan Waner, Steven Costenoble
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Videos
Textbook Question
Chapter 3.3, Problem 19E
Investing: Lesser-Known Stocks Exercises 19 and 20 are based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc, and SanDisk Corporation:18
| Price ($) | Dividend Yield (%) | |
| WSR (WSR Whitestone REIT) | 16 | 7 |
| HCC (HCC Insurance Holdings, Inc.) | 56 | 2 |
| SNDK (SanDisk Corporation) | 80 | 2 |
You invested a total of $8,400 in shares of the three stocks at the given prices and expected to earth $248 in annual dividends. If you purchased a total of 200 shares, how many shares of each stock did you purchase?
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
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
Page <
1
of 2
-
ZOOM +
1) a) Find a matrix P such that PT AP orthogonally diagonalizes the following matrix
A.
= [{² 1]
A =
b) Verify that PT AP gives the correct diagonal form.
2
01
-2
3
2) Given the following matrices A =
-1
0
1] an
and B =
0
1
-3
2
find the following matrices:
a) (AB) b) (BA)T
3) Find the inverse of the following matrix A using Gauss-Jordan elimination or
adjoint of the matrix and check the correctness of your answer (Hint: AA¯¹ = I).
[1 1 1
A = 3 5 4
L3 6 5
4) Solve the following system of linear equations using any one of Cramer's Rule,
Gaussian Elimination, Gauss-Jordan Elimination or Inverse Matrix methods and
check the correctness of your answer.
4x-y-z=1
2x + 2y + 3z = 10
5x-2y-2z = -1
5) a) Describe the zero vector and the additive inverse of a vector in the vector
space, M3,3.
b) Determine if the following set S is a subspace of M3,3 with the standard
operations. Show all appropriate supporting work.
Chapter 3 Solutions
Finite Mathematics
Ch. 3.1 - In Exercises 1-6, find three different particular...Ch. 3.1 - In Exercises 1-6, find three different particular...Ch. 3.1 - In Exercises 1-6, find three different particular...Ch. 3.1 - In Exercises 1-6, find three different particular...Ch. 3.1 - In Exercises 1-6, find three different particular...Ch. 3.1 - Prob. 6ECh. 3.1 - Prob. 7ECh. 3.1 - Prob. 8ECh. 3.1 - In Exercises 7-20, find all solutions of the given...Ch. 3.1 - In Exercises 7-20, find all solutions of the given...
Ch. 3.1 - Prob. 11ECh. 3.1 - Prob. 12ECh. 3.1 - Prob. 13ECh. 3.1 - Prob. 14ECh. 3.1 - In Exercises 7-20, find all solutions of the given...Ch. 3.1 - In Exercises 7-20, find all solutions of the given...Ch. 3.1 - Prob. 17ECh. 3.1 - Prob. 18ECh. 3.1 - Prob. 19ECh. 3.1 - In Exercises 7-20, find all solutions of the given...Ch. 3.1 - In Exercises 21-30, use technol.ogy to obtain...Ch. 3.1 - Prob. 22ECh. 3.1 - Prob. 23ECh. 3.1 - Prob. 24ECh. 3.1 - In Exercises 21-30, use technol.ogy to obtain...Ch. 3.1 - Prob. 26ECh. 3.1 - Prob. 27ECh. 3.1 - Prob. 28ECh. 3.1 - Prob. 29ECh. 3.1 - In Exercises 21-30, use technol.ogy to obtain...Ch. 3.1 - In Exercises 31-38, translate the given statement...Ch. 3.1 - In Exercises 31-38, translate the given statement...Ch. 3.1 - In Exercises 31-38, translate the given statement...Ch. 3.1 - In Exercises 31-38, translate the given statement...Ch. 3.1 - In Exercises 31-38, translate the given statement...Ch. 3.1 - Prob. 36ECh. 3.1 - Prob. 37ECh. 3.1 - Prob. 38ECh. 3.1 - Prob. 39ECh. 3.1 - Class Scheduling Enormous State Universitys Math...Ch. 3.1 - Prob. 41ECh. 3.1 - Nutrition Anthony Altino is mixing food for his...Ch. 3.1 - Nutrition One serving of Campbell Soup Companys...Ch. 3.1 - Nutrition One serving of Campbell Soup Companys...Ch. 3.1 - Protein Supplements Exercises 45-48 are based on...Ch. 3.1 - Protein Supplements Exercises 45-48 are based on...Ch. 3.1 - Protein Supplements Exercises 45-48 are based on...Ch. 3.1 - Protein Supplements Exercises 45-48 are based on...Ch. 3.1 - Prob. 49ECh. 3.1 - Investments: Energy Stocks In the 3-rnonth period...Ch. 3.1 - Prob. 51ECh. 3.1 - Investments: High Dividend Stocks During the first...Ch. 3.1 - Voting An appropriations bill passed the U.S....Ch. 3.1 - Voting The U.S. Senate has 100 members. For a bill...Ch. 3.1 - Intramural Sports The best sports dorm on campus,...Ch. 3.1 - Law Five years ago, Enormous State Universitys...Ch. 3.1 - Purchasing (from the GMAT) Elena purchased Brand X...Ch. 3.1 - Purchasing (based on a question from the GMAT)...Ch. 3.1 - Prob. 59ECh. 3.1 - Equilibrium Price The demand and supply functions...Ch. 3.1 - Supply and Demand (from the GRE Economics Test)...Ch. 3.1 - Prob. 62ECh. 3.1 - Equilibrium Price In June 2001 the retail price of...Ch. 3.1 - Equilibrium Price At the start of December 2001...Ch. 3.1 - Pollution Joe Slo, a college sophomore, neglected...Ch. 3.1 - Prob. 66ECh. 3.1 - Prob. 67ECh. 3.1 - Prob. 68ECh. 3.1 - Prob. 69ECh. 3.1 - A system of three equations in two unknowns...Ch. 3.1 - Prob. 71ECh. 3.1 - Prob. 72ECh. 3.1 - Prob. 73ECh. 3.1 - Referring to Exercise 39, but using different...Ch. 3.1 - Prob. 75ECh. 3.1 - Prob. 76ECh. 3.1 - Select one: If the addition or subtraction of two...Ch. 3.1 - Select one: If adding two linear equations gives...Ch. 3.1 - Prob. 79ECh. 3.1 - Prob. 80ECh. 3.1 - How likely do you think it is that a random system...Ch. 3.1 - Prob. 82ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 6ECh. 3.2 - Prob. 7ECh. 3.2 - Prob. 8ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 11ECh. 3.2 - Prob. 12ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 14ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 17ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 19ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 26ECh. 3.2 - Prob. 27ECh. 3.2 - Prob. 28ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 31ECh. 3.2 - Prob. 32ECh. 3.2 - Prob. 33ECh. 3.2 - Prob. 34ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 36ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 38ECh. 3.2 - Prob. 39ECh. 3.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 3.2 - Prob. 41ECh. 3.2 - Prob. 42ECh. 3.2 - Prob. 43ECh. 3.2 - Prob. 44ECh. 3.2 - In Exercises 43-46, use technology to solve the...Ch. 3.2 - Prob. 46ECh. 3.2 - In Exercises 47-50, use technology to solve the...Ch. 3.2 - Prob. 48ECh. 3.2 - Prob. 49ECh. 3.2 - In Exercises 47-50, use technology to solve the...Ch. 3.2 - Prob. 51ECh. 3.2 - Prob. 52ECh. 3.2 - Prob. 53ECh. 3.2 - Prob. 54ECh. 3.2 - Prob. 55ECh. 3.2 - Prob. 56ECh. 3.2 - Your friend Frans tells you that the system of...Ch. 3.2 - Prob. 58ECh. 3.2 - Prob. 59ECh. 3.2 - Prob. 60ECh. 3.2 - Prob. 61ECh. 3.2 - Prob. 62ECh. 3.2 - Prob. 63ECh. 3.2 - Prob. 64ECh. 3.2 - Prob. 65ECh. 3.2 - Prob. 66ECh. 3.2 - Prob. 67ECh. 3.2 - Prob. 68ECh. 3.3 - Resource Allocation You manage an ice cream...Ch. 3.3 - Resource Allocation You own a hamburger franchise...Ch. 3.3 - Resource Allocation Urban Community College is...Ch. 3.3 - Resource Allocation The Enormous State University...Ch. 3.3 - Latin Music Sales (Digital) In 2013, total...Ch. 3.3 - Latin Music Sales (Digital) In 2012, total...Ch. 3.3 - Purchasing Aircraft In Example 2 we saw that...Ch. 3.3 - Purchasing Aircraft Refer to Exercise 7. Rene...Ch. 3.3 - Supply A bagel store orders cream cheese from...Ch. 3.3 - Supply Refer to Exercise 9. The bagel store's...Ch. 3.3 - Pest Control Halmar the Great has boasted to his...Ch. 3.3 - Manufacturing Perfume The Fancy French Perfume...Ch. 3.3 - Donations The Enormous State University Good Works...Ch. 3.3 - Tenure Professor Walt is up for tenure and wishes...Ch. 3.3 - Airline Costs Exercises 15and16 are based on the...Ch. 3.3 - Airline Costs Exercises 15and16 are based on the...Ch. 3.3 - Investing: Inverse Mutual Funds Inverse mutual...Ch. 3.3 - Investing: Inverse Mutual Funds Inverse mutual...Ch. 3.3 - Investing: Lesser-Known Stocks Exercises 19 and 20...Ch. 3.3 - Investing: Lesser-Known Stocks Exercises 19 and 20...Ch. 3.3 - Prob. 21ECh. 3.3 - Prob. 22ECh. 3.3 - Market Share: Homeowners Insurance Three market...Ch. 3.3 - Prob. 24ECh. 3.3 - Inventory Control Red Bookstore wants to ship...Ch. 3.3 - Inventory Control The Tubular Ride Boogie Board...Ch. 3.3 - Prob. 27ECh. 3.3 - Tourism in the 1990s In the 1990s, significant...Ch. 3.3 - Prob. 29ECh. 3.3 - Tobacco The following table shows some data from...Ch. 3.3 - Traffic Flow One-way traffic through Enormous...Ch. 3.3 - Traffic Flow The traffic through downtown East...Ch. 3.3 - Traffic Flow The traffic through downtown...Ch. 3.3 - Traffic Flow Officials of the town of Hempstead...Ch. 3.3 - Traffic Management The Outer Village Town Council...Ch. 3.3 - Electric Current Electric current measures (in...Ch. 3.3 - Econometrics (from the GRE Economics Test) This...Ch. 3.3 - Prob. 38ECh. 3.3 - CAT Scans CAT (computerized axial tomographic)...Ch. 3.3 - CAT Scans CAT (computerized axial tomographic)...Ch. 3.3 - Prob. 41ECh. 3.3 - Prob. 42ECh. 3.3 - Prob. 43ECh. 3.3 - Prob. 44ECh. 3.3 - Voting In the 75th Congress (1937-1939) the U.S....Ch. 3.3 - Prob. 46ECh. 3.3 - Investments Things have not been going too well...Ch. 3.3 - Prob. 48ECh. 3.3 - Prob. 49ECh. 3.3 - Suppose that you obtained a solution for Exercise...Ch. 3.3 - Prob. 51ECh. 3.3 - Prob. 52ECh. 3.3 - Prob. 53ECh. 3.3 - Prob. 54ECh. 3.3 - In Exercises 51-56, x, y and z represent the...Ch. 3.3 - In Exercises 51-56, x, y and z represent the...Ch. 3.3 - Make up an entertaining word problem leading to...Ch. 3.3 - Prob. 58ECh. 3 - In Exercises 16, graph the given equations and...Ch. 3 - Prob. 2RECh. 3 - Prob. 3RECh. 3 - In Exercises 16, graph the given equations and...Ch. 3 - Prob. 5RECh. 3 - Prob. 6RECh. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - Prob. 11RECh. 3 - Prob. 12RECh. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - Prob. 15RECh. 3 - In Exercises 718, solve the given system of linear...Ch. 3 - Prob. 17RECh. 3 - Prob. 18RECh. 3 - Exercises 1922 are based on the following equation...Ch. 3 - Prob. 20RECh. 3 - Prob. 21RECh. 3 - Prob. 22RECh. 3 - Prob. 23RECh. 3 - Prob. 24RECh. 3 - Prob. 25RECh. 3 - Prob. 26RECh. 3 - Prob. 27RECh. 3 - Prob. 28RECh. 3 - Prob. 29RECh. 3 - Prob. 30RECh. 3 - Prob. 31RECh. 3 - Purchasing You are the buyer for OHaganBooks.com...Ch. 3 - Prob. 33RECh. 3 - Prob. 34RECh. 3 - Feeding Schedules Billy-Sean OHagan is John...Ch. 3 - Prob. 36RECh. 3 - Website Traffic OHaganBooks.com has two principal...Ch. 3 - Sales As the buyer at OHaganBooks.com, you are...Ch. 3 - Investing in Stocks Billy-Sean OHagan is the...Ch. 3 - Prob. 40RECh. 3 - Prob. 41RECh. 3 - Prob. 42RECh. 3 - Prob. 43RECh. 3 - Prob. 44RECh. 3 - Prob. 45RECh. 3 - Prob. 46RE
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- Find the Laplace Transform of the function to express it in frequency domain form.arrow_forwardPlease draw a graph that represents the system of equations f(x) = x2 + 2x + 2 and g(x) = –x2 + 2x + 4?arrow_forwardGiven the following system of equations and its graph below, what can be determined about the slopes and y-intercepts of the system of equations? 7 y 6 5 4 3 2 -6-5-4-3-2-1 1+ -2 1 2 3 4 5 6 x + 2y = 8 2x + 4y = 12 The slopes are different, and the y-intercepts are different. The slopes are different, and the y-intercepts are the same. The slopes are the same, and the y-intercepts are different. O The slopes are the same, and the y-intercepts are the same.arrow_forward
- Choose the function to match the graph. -2- 0 -7 -8 -9 --10- |--11- -12- f(x) = log x + 5 f(x) = log x - 5 f(x) = log (x+5) f(x) = log (x-5) 9 10 11 12 13 14arrow_forwardQ2 H let x(+) = &cos (Ait+U) and. 4(+) = ß cos(12t +V), where d. B. 1. In Constants and U,V indep.rus have uniform dist. (-π,π) Show that: ①Rxy (+,4+1)=0 @ Rxy (++) = cos [ when U=V Q3 let x(t) is stochastic process with Wss -121 e, and Rx ltst+1) = ( 2, show that E(X) = E(XS-X₁)² = 2(-1). Qu let x(t) = U Cost + (V+1) Sint, tεIR. where UV indep.rus, and let E (U)-E(V)=0 and E(U) = E(V) = 1, show that Cov (Xt, Xs) = K (t,s) = cos(s-t) X(+) is not WSS.arrow_forwardWhich of the following represents the graph of f(x)=3x-2? 7 6 5 4 ++ + + -7-6-5-4-3-2-1 1 2 3 4 5 6 7 -2 3 -5 6 -7 96 7 5 4 O++ -7-6-5-4-3-2-1 -2 -3 -4 -5 -7 765 432 -7-6-5-4-3-2-1 -2 ++ -3 -4 -5 -6 2 3 4 5 6 7 7 6 2 345 67 -7-6-5-4-3-2-1 2 3 4 5 67 4 -5arrow_forward
- 21. find the mean. and variance of the following: Ⓒ x(t) = Ut +V, and V indepriv. s.t U.VN NL0, 63). X(t) = t² + Ut +V, U and V incepires have N (0,8) Ut ①xt = e UNN (0162) ~ X+ = UCOSTE, UNNL0, 62) SU, Oct ⑤Xt= 7 where U. Vindp.rus +> ½ have NL, 62). ⑥Xn = ΣY, 41, 42, 43, ... Yn vandom sample K=1 Text with mean zen and variance 6arrow_forwardA psychology researcher conducted a Chi-Square Test of Independence to examine whether there is a relationship between college students’ year in school (Freshman, Sophomore, Junior, Senior) and their preferred coping strategy for academic stress (Problem-Focused, Emotion-Focused, Avoidance). The test yielded the following result: image.png Interpret the results of this analysis. In your response, clearly explain: Whether the result is statistically significant and why. What this means about the relationship between year in school and coping strategy. What the researcher should conclude based on these findings.arrow_forwardA 20 foot ladder rests on level ground; its head (top) is against a vertical wall. The bottom of the ladder begins by being 12 feet from the wall but begins moving away at the rate of 0.1 feet per second. At what rate is the top of the ladder slipping down the wall? You may use a calculator.arrow_forward
- A school counselor is conducting a research study to examine whether there is a relationship between the number of times teenagers report vaping per week and their academic performance, measured by GPA. The counselor collects data from a sample of high school students. Write the null and alternative hypotheses for this study. Clearly state your hypotheses in terms of the correlation between vaping frequency and academic performance. EditViewInsertFormatToolsTable 12pt Paragrapharrow_forwardPlease help solve the following whilst showing all working out. Is part of exam revision questions but no solution is givenarrow_forwardplease help me with this question with working out thanksarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Solve ANY Optimization Problem in 5 Steps w/ Examples. What are they and How do you solve them?; Author: Ace Tutors;https://www.youtube.com/watch?v=BfOSKc_sncg;License: Standard YouTube License, CC-BY
Types of solution in LPP|Basic|Multiple solution|Unbounded|Infeasible|GTU|Special case of LP problem; Author: Mechanical Engineering Management;https://www.youtube.com/watch?v=F-D2WICq8Sk;License: Standard YouTube License, CC-BY
Optimization Problems in Calculus; Author: Professor Dave Explains;https://www.youtube.com/watch?v=q1U6AmIa_uQ;License: Standard YouTube License, CC-BY
Introduction to Optimization; Author: Math with Dr. Claire;https://www.youtube.com/watch?v=YLzgYm2tN8E;License: Standard YouTube License, CC-BY