Bundle: Mathematical Excursions, Loose-leaf Version, 4th + WebAssign Printed Access Card
4th Edition
ISBN: 9781337605052
Author: Richard N. Aufmann, Joanne Lockwood, Richard D. Nation, Daniel K. Clegg
Publisher: Cengage Learning
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Textbook Question
Chapter 4, Problem 5RE
Technology A company has four offices. The president of the company uses the Hamilton method to apportion 66 new computer printers among the offices based on the number of employees at each office.
a. If the number of printers to be apportioned by the Hamilton method increases from 66 to 67, will the Alabama paradox occur? Explain.
b. If the number of printers to be apportioned by the Hamilton method increases from 67 to 68, will the Alabama paradox occur? Explain.
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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 4 Solutions
Bundle: Mathematical Excursions, Loose-leaf Version, 4th + WebAssign Printed Access Card
Ch. 4.1 - Verify this apportionment using the Jefferson...Ch. 4.1 - Find the apportionment that would have resulted if...Ch. 4.1 - Prob. 3EECh. 4.1 - Find the apportionment that would have resulted if...Ch. 4.1 - Explain how to calculate the standard divisor of...Ch. 4.1 - Teacher Aides A total of 25 teacher aides are to...Ch. 4.1 - In the Hamilton apportionment method, explain how...Ch. 4.1 - Prob. 4ESCh. 4.1 - Governing Boards The following table shows how the...Ch. 4.1 - Forest Rangers The table below shows how the...
Ch. 4.1 - Sales Associates The table below shows the number...Ch. 4.1 - Hospital Interns The table below shows the number...Ch. 4.1 - House of Representatives The U.S. House of...Ch. 4.1 - College Enrollment The following table shows the...Ch. 4.1 - Medical Care A hospital district consists of six...Ch. 4.1 - What is the Alabama paradox?Ch. 4.1 - What is the population paradox?Ch. 4.1 - What is the new states paradox?Ch. 4.1 - 15. What is the Balinski-Young Impossibility...Ch. 4.1 - Apportionment of Projectors Consider the...Ch. 4.1 - Hotel Management A company operates four resorts....Ch. 4.1 - Prob. 18ESCh. 4.1 - Management Scientific Research Corporation has...Ch. 4.1 - Prob. 20ESCh. 4.1 - Elementary School Teachers The following table...Ch. 4.1 - Social Workers The following table shows the...Ch. 4.1 - Computer Usage The table below shows the number of...Ch. 4.1 - The population of Illinois increased by over...Ch. 4.1 - Prob. 25ESCh. 4.1 - Prob. 26ESCh. 4.1 - Computer Usage Use the Webster method to apportion...Ch. 4.1 - Demographics The table below shows the populations...Ch. 4.1 - Which of she following apportionment methods can...Ch. 4.1 - According to Michael Balinski and H. Peyton Young,...Ch. 4.1 - 31. What method is presently used to apportion the...Ch. 4.1 - Prob. 32ESCh. 4.1 - John Quincy Adams, the sixth president of the...Ch. 4.1 - In the Huntington-Hill method of apportionment,...Ch. 4.1 - Prob. 35ESCh. 4.2 - Using the Borda method of voting, which flavor of...Ch. 4.2 - Instead of using the normal Borda method, suppose...Ch. 4.2 - Prob. 3EECh. 4.2 - Suppose the Borda method used in Exercise I of...Ch. 4.2 - Prob. 5EECh. 4.2 - Can the assignment of points for first. Second,...Ch. 4.2 - Prob. 7EECh. 4.2 - Prob. 1ESCh. 4.2 - Explain why the plurality voting system may not be...Ch. 4.2 - Prob. 3ESCh. 4.2 - Explain how the plurality with elimination voting...Ch. 4.2 - Prob. 5ESCh. 4.2 - Prob. 6ESCh. 4.2 - Is there a best voting method? Is one method more...Ch. 4.2 - Explain why. if only two candidates are running,...Ch. 4.2 - Presidential Election The table below shows the...Ch. 4.2 - Breakfast Cereal Sixteen people were asked to rank...Ch. 4.2 - Cartoon Characters A kindergarten class was...Ch. 4.2 - Catering A 15-person committee is having lunch...Ch. 4.2 - Movies Fifty consumers were surveyed about their...Ch. 4.2 - Breakfast Cereal Use the Borda count method of...Ch. 4.2 - Prob. 15ESCh. 4.2 - Catering Use the Borda count method of voting to...Ch. 4.2 - Class Election A senior high school class held an...Ch. 4.2 - Cell Phone Usage A journalist reviewing various...Ch. 4.2 - Baseball Uniforms A Little League baseball team...Ch. 4.2 - Radio Stations A number of college students were...Ch. 4.2 - Class Election Use plurality with elimination to...Ch. 4.2 - Prob. 22ESCh. 4.2 - Campus Club A campus club has money left over in...Ch. 4.2 - Recreation A company is planning its annual summer...Ch. 4.2 - X-Men Movies Fans of the X-Men movies have been...Ch. 4.2 - Prob. 26ESCh. 4.2 - School Mascot A new college needs to pick a moscot...Ch. 4.2 - Election Five candidates are running for president...Ch. 4.2 - Prob. 29ESCh. 4.2 - Radio Stations Use the pairwise comparison method...Ch. 4.2 - Does the winner in Exercise tic satisfy the...Ch. 4.2 - 32. Does the winner in Exercise 12 satisfy the...Ch. 4.2 - Prob. 33ESCh. 4.2 - Prob. 34ESCh. 4.2 - Prob. 35ESCh. 4.2 - Prob. 36ESCh. 4.2 - Election Three candidates are running for mayor. A...Ch. 4.2 - Film Competition Three films have been selected as...Ch. 4.2 - 39. Election A campus club needs to elect four...Ch. 4.2 - Scholarship Awards The members of a scholarship...Ch. 4.2 - Another method of voting is to assign a weight. or...Ch. 4.2 - Prob. 42ESCh. 4.2 - Prob. 43ESCh. 4.3 - Using the data in Example 1 on page 211, list all...Ch. 4.3 - For the data in Example I on page 211, calculate...Ch. 4.3 - Prob. 3EECh. 4.3 - Prob. 4EECh. 4.3 - Create a voting system with three members that is...Ch. 4.3 - Prob. 6EECh. 4.3 - Prob. 7EECh. 4.3 - In the following exercises that involve weighted...Ch. 4.3 - In the following exercises that involve weighted...Ch. 4.3 - Prob. 3ESCh. 4.3 - Calculate, if possible, the l3anzhaf power index...Ch. 4.3 - Calculate, if possible, the l3anzhaf power index...Ch. 4.3 - Calculate, if possible, the l3anzhaf power index...Ch. 4.3 - Calculate, if possible, the l3anzhaf power index...Ch. 4.3 - Prob. 8ESCh. 4.3 - Prob. 9ESCh. 4.3 - Calculate, if possible, the l3anzhaf power index...Ch. 4.3 - Calculate, if possible, the l3anzhaf power index...Ch. 4.3 - Calculate, if possible, the l3anzhaf power index...Ch. 4.3 - Prob. 13ESCh. 4.3 - Prob. 14ESCh. 4.3 - Music Education A music department Consists of a...Ch. 4.3 - Prob. 16ESCh. 4.3 - Criminal Justice In a criminal trial, each of the...Ch. 4.3 - Criminal Justice In California civil court cases,...Ch. 4.3 - Identify any dictator and all dummies for each...Ch. 4.3 - Identify any dictator and all dummies for each...Ch. 4.3 - Prob. 21ESCh. 4.3 - Prob. 22ESCh. 4.3 - Football At the beginning of each football season,...Ch. 4.3 - Prob. 24ESCh. 4.3 - Prob. 25ESCh. 4.3 - Prob. 26ESCh. 4.3 - Consider the weighted voting system { q:8,3,3,2 },...Ch. 4.3 - Prob. 28ESCh. 4.3 - Prob. 29ESCh. 4.3 - UN Security Council The United Nations C Security...Ch. 4 - Education The following table shows the...Ch. 4 - Airline Industry The following table shows the...Ch. 4 - Airline Industry The table below shows how the...Ch. 4 - 4. Education The following table shows the number...Ch. 4 - Technology A company has four offices. The...Ch. 4 - Automobile Sales Consider the apportionment of 27...Ch. 4 - Music Company MusicGalore.biz has offices in Los...Ch. 4 - Building Inspectors A city apportions 34 building...Ch. 4 - Prob. 9RECh. 4 - Prob. 10RECh. 4 - Corporate Security The Huntington-Hill...Ch. 4 - Essay Contest Four finalists are competing in an...Ch. 4 - Ski Club A campus ski club is trying o decide...Ch. 4 - Prob. 14RECh. 4 - Consumer Preferences A group of consumers were...Ch. 4 - Prob. 16RECh. 4 - Prob. 17RECh. 4 - Homecoming Queen Three high school students are...Ch. 4 - Prob. 19RECh. 4 - Prob. 20RECh. 4 - Prob. 21RECh. 4 - A weighted voting system for voters A. B. C. D....Ch. 4 - Prob. 23RECh. 4 - Prob. 24RECh. 4 - 25. Calculate the Banzhaf power indices for voters...Ch. 4 - Calculate the Banzhaf power indices for voters A,...Ch. 4 - Prob. 27RECh. 4 - Identify any dictator and all dummies for each...Ch. 4 - Four voters. A. B. C. and D. make decisions by...Ch. 4 - Postal Service The table below shows the number of...Ch. 4 - Computer Allocation The following table shows the...Ch. 4 - High School Counselors The following table shows...Ch. 4 - Prob. 4TCh. 4 - Consumer Preference One hundred consumers ranked...Ch. 4 - Prob. 6TCh. 4 - Exam Review A professor is preparing an extra...Ch. 4 - Prob. 8TCh. 4 - Drama Department The four staff members. A, B,C,...Ch. 4 - Three voters. A. B. and C, make decisions by using...
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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
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