Mathematical Applications for the Management, Life, and Social Sciences
12th Edition
ISBN: 9781337625340
Author: Ronald J. Harshbarger, James J. Reynolds
Publisher: Cengage Learning
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Textbook Question
Chapter 3.5, Problem 37E
Problems 33-38 refer to closed Leontief models.
A closed model for an economy has a manufacturing industry, utilities industry, and households industry. Each unit of manufacturing output uses
(a) Write the technology matrix for this closed model of the economy.
(b) Find the gross production for each industry
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Variables
Name
wage
hours
IQ
KWW
educ
exper
tenure
age
married
black
south
urban
sibs
brthord
meduc
feduc
Label
monthly earnings
average weekly hours
IQ score
knowledge of world work score
years of education
years of work experience
years with current employer
age in years
=1 if married
=1 if black
=1 if live in south
=1 if live in SMSA
number of siblings
birth order
mother's education
father's education
Information for questions 4
•
•
Please Download "wages" from Canvas (the link to
this dataset is right below the HWA1 questions - it is
a Microsoft excel worksheet) and store it in your
favorite folder.
It contains 797 observations and 16 variables. The
"state" variable gives the names of the states
involved in this dataset.
• You need to have excel on your computer to open
this dataset.
i. You should use File > Import > Excel Spreadsheet
etc. as done in class 3 convert this file into a
Stata dataset. Once you are done, write the final
STATA code that makes the transformation of an
excel file to a STATA file possible.
ii. Write a code that will close the log file that has
been open since Question 1 part ii.
The mean, variance, skewness and kurtosis of a dataset are given as - Mean = 15, Variance = 20, SKewness = 1.5 and Kurtosis = 3.5 calculate the first four raw moments. (Note- Please include as much detailed solution/steps in the solution to understand, Thank you!)
Chapter 3 Solutions
Mathematical Applications for the Management, Life, and Social Sciences
Ch. 3.1 - (a) Do matrices A and B have the same...Ch. 3.1 -
Ch. 3.1 - 3. (a) What matrix D must be added to matrix A...Ch. 3.1 - Prob. 4CPCh. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Prob. 4ECh. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...
Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Prob. 9ECh. 3.1 - Prob. 10ECh. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Use the following matrices for Problems...Ch. 3.1 - Prob. 21ECh. 3.1 - Prob. 22ECh. 3.1 - Prob. 23ECh. 3.1 - In Problems 15-28, perform the operations if...Ch. 3.1 - Prob. 25ECh. 3.1 - In Problems 15-28, perform the operations if...Ch. 3.1 - Prob. 27ECh. 3.1 - Prob. 28ECh. 3.1 - Prob. 29ECh. 3.1 - Prob. 30ECh. 3.1 - In Problems , find and.
Ch. 3.1 - In Problems , find and.
Ch. 3.1 - Prob. 33ECh. 3.1 - 34. Find and if
Ch. 3.1 - 35. Endangered species The tables below give the...Ch. 3.1 - 36. Asian demographics The following tables show...Ch. 3.1 - Prob. 37ECh. 3.1 - Prob. 38ECh. 3.1 - 39. Sales Let matrix A represent the sales (in...Ch. 3.1 - 40. Opinion polls A poll of people revealed...Ch. 3.1 - Prob. 41ECh. 3.1 - 42. National health expenditures The following...Ch. 3.1 - Prob. 43ECh. 3.1 - 44. Debt payment Ace, Baker, and Champ are being...Ch. 3.1 - Prob. 45ECh. 3.1 - Prob. 46ECh. 3.1 - 47. Management Management is attempting to...Ch. 3.1 -
48. Ranking To rank the five members of a...Ch. 3.1 - 49. Production and inventories Operating from two...Ch. 3.1 - Prob. 50ECh. 3.1 - 51. Management In an evaluation of labor...Ch. 3.1 - Prob. 52ECh. 3.1 - 53. For the data in the Problem , use an Excel...Ch. 3.1 - 54. For the data in problem, use an Excel...Ch. 3.2 - What is element if with and
Ch. 3.2 - 2. Find the product.
and
Ch. 3.2 - 3. (a) Compute if and
(b) Can the product...Ch. 3.2 - In Problems 1-4, multiply the matrices.
Ch. 3.2 - In Problems 1-4, multiply the matrices.
Ch. 3.2 - In Problems 1-4, multiply the matrices.
Ch. 3.2 - In Problems 1-4, multiply the matrices.
Ch. 3.2 - In Problems 5-24, use matrices through. In...Ch. 3.2 - In Problems 5-24, use matrices through. In...Ch. 3.2 - In Problems 5-24, use matrices through. In...Ch. 3.2 - Prob. 8ECh. 3.2 - Prob. 9ECh. 3.2 - Prob. 10ECh. 3.2 - Prob. 11ECh. 3.2 - In Problems 5-24, use matrices through. In...Ch. 3.2 - In Problems 5-24, use matrices through. In...Ch. 3.2 - Prob. 14ECh. 3.2 - In Problems 5-24, use matrices through. In...Ch. 3.2 - Prob. 16ECh. 3.2 - Prob. 17ECh. 3.2 - Prob. 18ECh. 3.2 - Prob. 19ECh. 3.2 - Prob. 20ECh. 3.2 - Prob. 21ECh. 3.2 - Prob. 22ECh. 3.2 - In Problems 5-24, use matrices through. In...Ch. 3.2 - Prob. 24ECh. 3.2 - In Problems 25-34, use the matrices below....Ch. 3.2 - Prob. 26ECh. 3.2 - Prob. 27ECh. 3.2 - Prob. 28ECh. 3.2 - Prob. 29ECh. 3.2 - Prob. 30ECh. 3.2 - Prob. 31ECh. 3.2 - Prob. 32ECh. 3.2 - Prob. 33ECh. 3.2 - Prob. 34ECh. 3.2 - Prob. 35ECh. 3.2 - Prob. 36ECh. 3.2 - Prob. 37ECh. 3.2 - 38. For
Are and defined?
What size is each...Ch. 3.2 - Prob. 39ECh. 3.2 - In each of Problems , substitute the given values...Ch. 3.2 - Prob. 41ECh. 3.2 - Prob. 42ECh. 3.2 - Prob. 43ECh. 3.2 - Prob. 44ECh. 3.2 - 45. Car pricing A car dealer can buy midsize cars...Ch. 3.2 - . Revenue A clothing manufacturer has factories...Ch. 3.2 - Prob. 47ECh. 3.2 - . Area and population Matrix below gives the...Ch. 3.2 - 49. Population dynamics Suppose that for a...Ch. 3.2 - 50. Nutrition Suppose the weights (in grams) and...Ch. 3.2 - Prob. 51ECh. 3.2 - Encoding messages Multiplication by a matrix can...Ch. 3.2 - Oil refineries When gasoline is refined from...Ch. 3.2 - 54. Production A manufacturer of small kitchen...Ch. 3.2 - 55. Accounting The annual budget of the Magnum...Ch. 3.2 - 56. Accounting Consider the original budget...Ch. 3.3 - CHECKPOINT
(a) Write the augmented matrix for...Ch. 3.3 - Prob. 2CPCh. 3.3 - CHECKPOINT
For each system of equations, the...Ch. 3.3 - CHECKPOINT
For each system of equations, the...Ch. 3.3 - Prob. 5CPCh. 3.3 - In a problem 1 and 2 use the indicated row...Ch. 3.3 -
In problem 1 and 2, use the indicated row...Ch. 3.3 - In problem 3 and 4, write the augmented matrix...Ch. 3.3 - In problem 3 and 4, write the augmented matrix...Ch. 3.3 -
In problem 5-10, an augmented matrix for a...Ch. 3.3 - Prob. 6ECh. 3.3 - In problem 5-10, an augmented matrix for a system...Ch. 3.3 - In problem 5-10, an augmented matrix for a system...Ch. 3.3 - In problem 5-10, an augmented matrix for a system...Ch. 3.3 - Prob. 10ECh. 3.3 -
In problem 11-16, use row operations on...Ch. 3.3 -
In problem 11-16, use row operations on...Ch. 3.3 - In problem 11-16, use row operations on augmented...Ch. 3.3 -
In problem 11-16, use row operations on augmented...Ch. 3.3 - Prob. 15ECh. 3.3 - Prob. 16ECh. 3.3 -
In problem 17- 20, a system of linear equations...Ch. 3.3 -
In problem 17- 20, a system of linear equations...Ch. 3.3 - In problem 17- 20, a system of linear equations...Ch. 3.3 -
In problem 17- 20, a system of linear equations...Ch. 3.3 - Prob. 21ECh. 3.3 - Prob. 22ECh. 3.3 - Prob. 23ECh. 3.3 - In systems of equations in problem 23 – 36 may...Ch. 3.3 - Prob. 25ECh. 3.3 - Prob. 26ECh. 3.3 - Prob. 27ECh. 3.3 -
In systems of equations in problem 23 – 36 may...Ch. 3.3 - Prob. 29ECh. 3.3 - In systems of equations in problem 23 – 36 may...Ch. 3.3 - Prob. 31ECh. 3.3 - In systems of equations in problem 23 – 36 may...Ch. 3.3 - Prob. 33ECh. 3.3 - Prob. 34ECh. 3.3 - Prob. 35ECh. 3.3 - Prob. 36ECh. 3.3 - Prob. 37ECh. 3.3 - Prob. 38ECh. 3.3 - Prob. 39ECh. 3.3 - Prob. 40ECh. 3.3 - Prob. 41ECh. 3.3 - Prob. 42ECh. 3.3 - Prob. 43ECh. 3.3 - Prob. 44ECh. 3.3 - 45. Nutrition A preschool has Campbell’s Chunky...Ch. 3.3 -
46. Ticket sales A 3500-seat theatre sells...Ch. 3.3 -
47. Investment A man has $235,000 invested in...Ch. 3.3 -
48. Loans A bank lent $1.2 million for the...Ch. 3.3 -
49. Car rental patterns A car rental agency in...Ch. 3.3 -
50. Nutrition A psychologist studying the...Ch. 3.3 - 51. Nutrition The following table gives the...Ch. 3.3 -
52. Investment A brokerage house offers three...Ch. 3.3 -
53. Investment Suppose that portfolios I and II...Ch. 3.3 - 54. Nutrition Each ounce of substance A supplies...Ch. 3.3 - 55. Nutrition A glass of skim milk supplies 0.1 mg...Ch. 3.3 -
56. Transportation The King Trucking Company has...Ch. 3.3 - Nutrition A botanist can purchase plant food of...Ch. 3.3 - Traffic flow In the analyst of traffic flow, a...Ch. 3.3 - Nutrition Three different bacteria are cultured in...Ch. 3.3 - Irrigation An irrigation system allows water to...Ch. 3.3 - Investment An investment club has set a goal to...Ch. 3.3 - A trust account client has to be invested. The...Ch. 3.3 - 63. Investment A brokerage house offers three...Ch. 3.4 - [Type here]
CHECKPOINT
Are the matricesand...Ch. 3.4 - Prob. 2CPCh. 3.4 - Prob. 3CPCh. 3.4 - [Type text]
If is a matrix and is its inverse,...Ch. 3.4 - Prob. 2ECh. 3.4 - Prob. 3ECh. 3.4 - Prob. 4ECh. 3.4 - [Type text]
In Problems 5-10, find the inverse...Ch. 3.4 - [Type text]
In Problems 5-10, find the inverse...Ch. 3.4 - Prob. 7ECh. 3.4 - Prob. 8ECh. 3.4 - Prob. 9ECh. 3.4 - Prob. 10ECh. 3.4 - Prob. 11ECh. 3.4 - Prob. 12ECh. 3.4 - Prob. 13ECh. 3.4 - Prob. 14ECh. 3.4 - [Type here]
In Problems 15-20, find the inverse...Ch. 3.4 - Prob. 16ECh. 3.4 - Prob. 17ECh. 3.4 - [Type here]
In Problems 15-20, find the inverse...Ch. 3.4 - Prob. 19ECh. 3.4 - Prob. 20ECh. 3.4 - Prob. 21ECh. 3.4 - Prob. 22ECh. 3.4 - [Type here]
In Problems 23-26, the inverse of...Ch. 3.4 - [Type here]
In Problems 23-26, the inverse of...Ch. 3.4 - [Type here]
In Problems 23-26, the inverse of...Ch. 3.4 - [Type here]
In Problems 23-26, the inverse of...Ch. 3.4 - Prob. 27ECh. 3.4 - [Type here]
28. Use the inverse found in Problem...Ch. 3.4 - Prob. 29ECh. 3.4 - Prob. 30ECh. 3.4 - [Type here]
In Problems 29-32, use inverse...Ch. 3.4 - [Type here]
In Problems 29-32, use inverse...Ch. 3.4 - Prob. 33ECh. 3.4 - Prob. 34ECh. 3.4 - Prob. 35ECh. 3.4 - Prob. 36ECh. 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 - 51. Competition A product is made by only two...Ch. 3.4 -
52. Demographics Suppose that a government study...Ch. 3.4 -
In Problems 53-63, set up each system of...Ch. 3.4 -
In Problems 53-63, set up each system of...Ch. 3.4 -
In Problems, set up each system of equations and...Ch. 3.4 -
In problems , set up each system of equations...Ch. 3.4 - In Problems 5363, set up each system of equations...Ch. 3.4 - In Problems 5363, set up each system of equations...Ch. 3.4 - In Problems set up each system of equations and...Ch. 3.4 - In Problems set up each system of equations and...Ch. 3.4 - In Problems 53-63, set up each system of equations...Ch. 3.4 - In Problems set up each system of equations and...Ch. 3.5 - CHECKPOINT
The following technology matrix for a...Ch. 3.5 - Prob. 2CPCh. 3.5 - CHECKPOINT
3. Suppose a primitive economy has wood...Ch. 3.5 - Prob. 4CPCh. 3.5 - The following technology matrix for a simple...Ch. 3.5 - For the economy in Problem 1, what industry is...Ch. 3.5 - Prob. 3ECh. 3.5 - Prob. 4ECh. 3.5 - The following technology matrix describes the...Ch. 3.5 - The following technology matrix describes the...Ch. 3.5 - Prob. 7ECh. 3.5 - Prob. 8ECh. 3.5 - Prob. 9ECh. 3.5 - Prob. 10ECh. 3.5 - Suppose a primitive economy consists of two...Ch. 3.5 - Suppose an economy has two industries, agriculture...Ch. 3.5 - Prob. 13ECh. 3.5 - Prob. 14ECh. 3.5 - Suppose the economy of an underdeveloped country...Ch. 3.5 - Suppose a simple economy with only an agricultural...Ch. 3.5 - Prob. 17ECh. 3.5 - An underdeveloped country has an agricultural...Ch. 3.5 - A simple economy has an electronic components...Ch. 3.5 - Prob. 20ECh. 3.5 - A primitive economy consists of a fishing industry...Ch. 3.5 - An economy has a manufacturing industry and a...Ch. 3.5 - Prob. 23ECh. 3.5 - Prob. 24ECh. 3.5 - Prob. 25ECh. 3.5 - Interdepartmental costs Within a company is a...Ch. 3.5 - Suppose that an economy has three industries...Ch. 3.5 - Prob. 28ECh. 3.5 - Suppose that the economy of a small nation has an...Ch. 3.5 - Suppose an economy has the same technology matrix...Ch. 3.5 - Suppose that a simple economy has three...Ch. 3.5 - Prob. 32ECh. 3.5 - Problems 33-38 refer to closed Leontief models....Ch. 3.5 - Problems 33-38 refer to closed Leontief models....Ch. 3.5 - Problems 33-38 refer to closed Leontief models....Ch. 3.5 - Problems 33-38 refer to closed Leontief models....Ch. 3.5 - Problems 33-38 refer to closed Leontief models....Ch. 3.5 - Problems 33-38 refer to closed Leontief models.
A...Ch. 3.5 - Prob. 39ECh. 3.5 - Card tables are made by joining legs and a top...Ch. 3.5 - Prob. 41ECh. 3.5 - A log carrier has a body made from a -ft length of...Ch. 3 - Use the matrices below a needed to complete...Ch. 3 - Use the matrices below a needed to complete...Ch. 3 - Prob. 3RECh. 3 - Prob. 4RECh. 3 - Prob. 5RECh. 3 - Prob. 6RECh. 3 - Prob. 7RECh. 3 - Prob. 8RECh. 3 - Prob. 9RECh. 3 - Prob. 10RECh. 3 - Prob. 11RECh. 3 - Prob. 12RECh. 3 - Prob. 13RECh. 3 - Prob. 14RECh. 3 - Prob. 15RECh. 3 - Prob. 16RECh. 3 - Prob. 17RECh. 3 - Prob. 18RECh. 3 - Prob. 19RECh. 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 - In Problems 30-36, solve each system using...Ch. 3 - Prob. 32RECh. 3 - In Problems 30-36, solve each system using...Ch. 3 - Prob. 34RECh. 3 - Prob. 35RECh. 3 - Prob. 36RECh. 3 - Prob. 37RECh. 3 - Prob. 38RECh. 3 - Prob. 39RECh. 3 - Prob. 40RECh. 3 - Prob. 41RECh. 3 - Prob. 42RECh. 3 - Prob. 43RECh. 3 - Prob. 44RECh. 3 - Prob. 45RECh. 3 - Prob. 46RECh. 3 - Prob. 47RECh. 3 - Prob. 48RECh. 3 - The Burr Cabinet Company manufactures bookcases...Ch. 3 - Prob. 50RECh. 3 - A small church choir is made up of men and women...Ch. 3 - Manufacturing Two departments of a firm, and ,...Ch. 3 - Prob. 53RECh. 3 - Investment A woman has to invest. She has decided...Ch. 3 - Nutrition A biologist is growing three different...Ch. 3 - Transportation An airline company has three types...Ch. 3 - Economy models An economy has a shipping industry...Ch. 3 - Economy models A simple economy has a shoe...Ch. 3 - Economy models A look at the industrial sector of...Ch. 3 - Economy models Suppose a closed Leontief model for...Ch. 3 - Prob. 1TCh. 3 - Prob. 2TCh. 3 - Prob. 3TCh. 3 - Prob. 4TCh. 3 - Prob. 5TCh. 3 - Prob. 6TCh. 3 - Prob. 7TCh. 3 - Prob. 8TCh. 3 - Prob. 9TCh. 3 - Prob. 10TCh. 3 - Prob. 11TCh. 3 - Prob. 12TCh. 3 - Prob. 13TCh. 3 - Prob. 14TCh. 3 - Suppose that the solution of an investment problem...Ch. 3 - Prob. 16TCh. 3 - Prob. 17TCh. 3 - Prob. 18TCh. 3 - Prob. 19TCh. 3 - Prob. 20TCh. 3 -
21. Suppose the technology matrix for a closed...Ch. 3 -
Use the following information in Problem ...Ch. 3 -
Use the following information in Problem ...Ch. 3 - Prob. 24TCh. 3 - Prob. 1EAGP1Ch. 3 - Prob. 2EAGP1Ch. 3 - Prob. 3EAGP1Ch. 3 - Prob. 4EAGP1Ch. 3 - Prob. 5EAGP1Ch. 3 - Prob. 6EAGP1Ch. 3 - Prob. 7EAGP1Ch. 3 - Prob. 1EAGP2Ch. 3 - Prob. 2EAGP2Ch. 3 - Prob. 3EAGP2Ch. 3 - Prob. 4EAGP2
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