Mathematics for the Trades: A Guided Approach (10th Edition) - Standalone book
10th Edition
ISBN: 9780133347777
Author: Robert A. Carman Emeritus, Hal M. Saunders
Publisher: PEARSON
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Chapter 4.2, Problem 14BE
To determine
The number of turns present in the secondary voltage if it delivers 12 volt.
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4. Assume that a risk-free money market account is added to the market described in Q3.
The continuously compounded rate of return on the money market account is log (1.1).
(i) For each given μ, use Lagrange multipliers to determine the proportions (as a
function of μ) of wealth invested in the three assets available for the minimum
variance portfolio with expected return μ.
(ii) Determine the market portfolio in this market and calculate its Sharp ratio.
3. A market consists of two risky assets with rates of return R₁ and R2 and no risk-free
asset. From market data the following have been estimated: ER₁ = 0.25, ER2 = 0.05,
Var R₁ = 0.01, Var R2 = 0.04 and the correlation between R1 and R2 is p = -0.75.
(i) Given that an investor is targeting a total expected return of μ = 0.2. What
portfolio weights should they choose to meet this goal with minimum portfolio
variance? Correct all your calculations up to 4 decimal points.
(ii) Determine the global minimum-variance portfolio and the expected return and
variance of return of this portfolio (4 d.p.).
(iii) Sketch the minimum-variance frontier in the μ-σ² plane and indicate the efficient
frontier.
(iv) Without further calculation, explain how the minimum variance of the investor's
portfolio return will change if the two risky assets were independent.
2. A landlord is about to write a rental contract for a tenant which lasts T months. The
landlord first decides the length T > 0 (need not be an integer) of the contract, the
tenant then signs it and pays an initial handling fee of £100 before moving in. The
landlord collects the total amount of rent erT at the end of the contract at a continuously
compounded rate r> 0, but the contract stipulates that the tenant may leave before T,
in which case the landlord only collects the total rent up until the tenant's departure
time 7. Assume that 7 is exponentially distributed with rate > 0, λ‡r.
(i) Calculate the expected total payment EW the landlord will receive in terms of T.
(ii) Assume that the landlord has logarithmic utility U(w) = log(w - 100) and decides
that the rental rate r should depend on the contract length T by
r(T)
=
λ
√T
1
For each given λ, what T (as a function of X) should the landlord choose so as to
maximise their expected utility? Justify your answer.
Hint. It might be…
Chapter 4 Solutions
Mathematics for the Trades: A Guided Approach (10th Edition) - Standalone book
Ch. 4.1 - Complete the following tables.Ch. 4.1 - A. Complete the following tables. 2.Ch. 4.1 - A. Complete the following tables. 3.Ch. 4.1 - Solve these proportion equations. 32=x8Ch. 4.1 - Solve these proportion equations. 6R=572Ch. 4.1 - Solve these proportion equations. y60=53Ch. 4.1 - Solve these proportion equations. 215=8HCh. 4.1 - Solve these proportion equations. 5P=307Ch. 4.1 - Solve these proportion equations. 16=17xCh. 4.1 - Solve these proportion equations. A2.5=1310
Ch. 4.1 - Solve these proportion equations. 27M=30.8Ch. 4.1 - Solve these proportion equations. 25=T4.5Ch. 4.1 - Solve these proportion equations. 0.12N=27Ch. 4.1 - Solve these proportion equations. 13823=18xCh. 4.1 - Solve these proportion equations. 3.251.5=A0.6Ch. 4.1 - Solve these proportion equations. x34.86=1.28.3Ch. 4.1 - Solve these proportion equations. 212R=114314Ch. 4.1 - Solve these proportion equations....Ch. 4.1 - Solve these proportion equations....Ch. 4.1 - Solve these proportion equations....Ch. 4.1 - Solve these proportion equations. 312in.W=1.40.05Ch. 4.1 - Solve. Automotive Trades The compression ratio in...Ch. 4.1 - Prob. 2CECh. 4.1 - Solve. Machine Trades If 28 tapered pins can be...Ch. 4.1 - Solve. Carpentry If 6 lb of nails are needed for...Ch. 4.1 - Solve. Masonry For a certain kind of plaster work,...Ch. 4.1 - Prob. 6CECh. 4.1 - Solve. Machine Trades A cylindrical oil tank 8 ft...Ch. 4.1 - Prob. 8CECh. 4.1 - Solve. Welding A 10-ft bar of I-beam weighs 208...Ch. 4.1 - Solve. Photography A photographer must mix a...Ch. 4.1 - Solve. General Trades If you earn 684.80 for a...Ch. 4.1 - Solve. Machine Trades A machinist can produce 12...Ch. 4.1 - Solve. Automotive Trades The headlights on a car...Ch. 4.1 - Prob. 14CECh. 4.1 - Solve. Agriculture To prepare a pesticide spray,...Ch. 4.1 - Solve. Painting A painter must thin some paint for...Ch. 4.1 - Solve. Allied Health The label on a concentrated...Ch. 4.1 - Solve. Automotive Trades In winter weather,...Ch. 4.1 - Prob. 19CECh. 4.1 - Prob. 20CECh. 4.1 - Prob. 21CECh. 4.1 - Solve. Sports and Leisure Power hitter Sammy...Ch. 4.1 - Prob. 23CECh. 4.1 - Prob. 24CECh. 4.1 - Solve. Allied Health Medication Q is available...Ch. 4.1 - Prob. 26CECh. 4.1 - Prob. 27CECh. 4.1 - Prob. 28CECh. 4.1 - Prob. 29CECh. 4.1 - Prob. 30CECh. 4.1 - Solve. Trades Management A small welding shop...Ch. 4.1 - Prob. 32CECh. 4.1 - Prob. 33CECh. 4.1 - Prob. 34CECh. 4.1 - Prob. 35CECh. 4.2 - Complete the following tables. 1. Similar...Ch. 4.2 - Complete the following tables. 2. Similar figuresCh. 4.2 - Complete the following tables.Ch. 4.2 - Complete the following tables.Ch. 4.2 - Practical Applications Problem 1 Metalworking A...Ch. 4.2 - Practical Applications Architecture The...Ch. 4.2 - Practical Applications Automotive Trades...Ch. 4.2 - Practical Applications Transportation The distance...Ch. 4.2 - Prob. 5BECh. 4.2 - Practical Applications Industrial Technology If 60...Ch. 4.2 - Practical Applications Automotive Trades If the...Ch. 4.2 - Practical Applications General Trades The length...Ch. 4.2 - Practical Applications Construction The Santa...Ch. 4.2 - Practical Applications Machine Trades A pair of...Ch. 4.2 - Practical Applications Manufacturing A 15-tooth...Ch. 4.2 - Practical Applications Electronics The power gain...Ch. 4.2 - Prob. 13BECh. 4.2 - Prob. 14BECh. 4.2 - Practical Applications Automotive Trades The...Ch. 4.2 - Prob. 16BECh. 4.2 - Practical Applications Machine Trades It is known...Ch. 4.2 - Prob. 18BECh. 4.2 - Prob. 19BECh. 4.2 - Practical Applications Architecture A wrought-iron...Ch. 4.2 - Prob. 21BECh. 4.2 - Electrical Trades The electrical resistance of a...Ch. 4.2 - Prob. 23BECh. 4.2 - Practical Applications Sheet Metal Trades If the...Ch. 4.2 - Prob. 25BECh. 4.2 - Prob. 26BECh. 4.2 - Prob. 27BECh. 4.2 - Prob. 28BECh. 4.2 - Prob. 29BECh. 4.2 - Prob. 30BECh. 4.2 - Prob. 31BECh. 4.3 - Prob. 1AECh. 4.3 - Convert to a percent. 1Ch. 4.3 - Convert to a percent. 0.5Ch. 4.3 - Prob. 4AECh. 4.3 - Prob. 5AECh. 4.3 - Prob. 6AECh. 4.3 - Prob. 7AECh. 4.3 - Prob. 8AECh. 4.3 - Prob. 9AECh. 4.3 - Prob. 10AECh. 4.3 - Prob. 11AECh. 4.3 - Prob. 12AECh. 4.3 - Prob. 13AECh. 4.3 - Prob. 14AECh. 4.3 - Prob. 15AECh. 4.3 - Prob. 16AECh. 4.3 - Convert to a percent. 32Ch. 4.3 - Prob. 18AECh. 4.3 - Prob. 19AECh. 4.3 - Convert to a percent. 15Ch. 4.3 - Prob. 21AECh. 4.3 - Prob. 22AECh. 4.3 - Prob. 23AECh. 4.3 - Prob. 24AECh. 4.3 - Prob. 25AECh. 4.3 - Prob. 26AECh. 4.3 - Prob. 27AECh. 4.3 - Prob. 28AECh. 4.3 - Prob. 29AECh. 4.3 - Prob. 30AECh. 4.3 - Prob. 31AECh. 4.3 - Prob. 32AECh. 4.3 - Prob. 33AECh. 4.3 - Prob. 34AECh. 4.3 - Prob. 35AECh. 4.3 - Prob. 36AECh. 4.3 - Prob. 37AECh. 4.3 - Prob. 38AECh. 4.3 - Prob. 39AECh. 4.3 - Prob. 40AECh. 4.3 - Prob. 1BECh. 4.3 - Prob. 2BECh. 4.3 - Prob. 3BECh. 4.3 - Prob. 4BECh. 4.3 - Prob. 5BECh. 4.3 - Prob. 6BECh. 4.3 - Prob. 7BECh. 4.3 - Prob. 8BECh. 4.3 - Prob. 9BECh. 4.3 - Prob. 10BECh. 4.3 - Prob. 11BECh. 4.3 - Prob. 12BECh. 4.3 - Prob. 13BECh. 4.3 - Prob. 14BECh. 4.3 - Prob. 15BECh. 4.3 - Prob. 16BECh. 4.3 - Prob. 17BECh. 4.3 - Prob. 18BECh. 4.3 - Prob. 19BECh. 4.3 - Prob. 20BECh. 4.3 - Prob. 21BECh. 4.3 - Prob. 22BECh. 4.3 - Prob. 23BECh. 4.3 - Prob. 24BECh. 4.3 - Prob. 25BECh. 4.3 - Prob. 26BECh. 4.3 - Prob. 27BECh. 4.3 - Prob. 28BECh. 4.3 - Prob. 29BECh. 4.3 - Prob. 30BECh. 4.3 - Prob. 31BECh. 4.3 - Prob. 32BECh. 4.3 - Prob. 1CECh. 4.3 - Prob. 2CECh. 4.3 - Prob. 3CECh. 4.3 - Prob. 4CECh. 4.3 - Prob. 5CECh. 4.3 - Prob. 6CECh. 4.3 - Prob. 7CECh. 4.3 - Prob. 8CECh. 4.3 - Prob. 9CECh. 4.3 - Rewrite each percent as a fraction in lowest...Ch. 4.3 - Prob. 11CECh. 4.3 - Prob. 12CECh. 4.3 - Prob. 13CECh. 4.3 - Prob. 14CECh. 4.3 - Prob. 15CECh. 4.3 - Prob. 16CECh. 4.3 - Prob. 17CECh. 4.3 - Prob. 18CECh. 4.3 - Prob. 19CECh. 4.3 - Prob. 20CECh. 4.4 - Solve. 4 is _________ % of 5.Ch. 4.4 - Prob. 2AECh. 4.4 - Prob. 3AECh. 4.4 - Prob. 4AECh. 4.4 - Prob. 5AECh. 4.4 - Prob. 6AECh. 4.4 - Prob. 7AECh. 4.4 - Prob. 8AECh. 4.4 - Solve. What percent of 54 is 36?Ch. 4.4 - Prob. 10AECh. 4.4 - Prob. 11AECh. 4.4 - Solve. 13 is what percent of 25?Ch. 4.4 - Prob. 13AECh. 4.4 - Prob. 14AECh. 4.4 - Prob. 15AECh. 4.4 - Solve. 60% of what number is 14?Ch. 4.4 - Prob. 17AECh. 4.4 - Prob. 18AECh. 4.4 - Prob. 19AECh. 4.4 - Prob. 20AECh. 4.4 - Solve. 30% of what number is equal to 12?Ch. 4.4 - Prob. 22AECh. 4.4 - Prob. 23AECh. 4.4 - Prob. 24AECh. 4.4 - Prob. 1BECh. 4.4 - Solve. What percent of 10 is 2.5?Ch. 4.4 - Solve. 6% of 3.29 is _________.Ch. 4.4 - Prob. 4BECh. 4.4 - Prob. 5BECh. 4.4 - Prob. 6BECh. 4.4 - Prob. 7BECh. 4.4 - Solve. 0.75 is _________ % of 37.50.Ch. 4.4 - Prob. 9BECh. 4.4 - Prob. 10BECh. 4.4 - Prob. 11BECh. 4.4 - Prob. 12BECh. 4.4 - Prob. 13BECh. 4.4 - Prob. 14BECh. 4.4 - Prob. 15BECh. 4.4 - Prob. 16BECh. 4.4 - Prob. 17BECh. 4.4 - Prob. 18BECh. 4.4 - Prob. 1CECh. 4.4 - Prob. 2CECh. 4.4 - Prob. 3CECh. 4.4 - Practical Applications Masonry On the basis of...Ch. 4.4 - Practical Applications Automotive Trades The...Ch. 4.4 - Prob. 6CECh. 4.4 - Practical Applications General Trades A worker...Ch. 4.4 - Prob. 8CECh. 4.4 - Prob. 9CECh. 4.4 - Prob. 10CECh. 4.4 - Practical Applications Carpentry Preparing an...Ch. 4.4 - Practical Applications Printing Jiffy Print needs...Ch. 4.4 - Prob. 13CECh. 4.4 - Prob. 14CECh. 4.4 - Prob. 15CECh. 4.4 - Prob. 16CECh. 4.4 - Construction Quality Homes Construction Company...Ch. 4.4 - Prob. 18CECh. 4.4 - Practical Applications Allied Health A typical...Ch. 4.4 - Prob. 20CECh. 4.4 - Prob. 21CECh. 4.4 - Prob. 22CECh. 4.4 - Sports and Leisure During the 2012 Wimbledon...Ch. 4.4 - Prob. 24CECh. 4.4 - Prob. 25CECh. 4.4 - Prob. 26CECh. 4.4 - Prob. 27CECh. 4.4 - Prob. 28CECh. 4.4 - Practical Applications Welding The allowable shear...Ch. 4.4 - Practical Applications Water/Wastewater Treatment...Ch. 4.4 - Prob. 31CECh. 4.4 - Prob. 32CECh. 4.4 - Prob. 33CECh. 4.4 - Prob. 34CECh. 4.4 - Prob. 35CECh. 4.4 - Prob. 36CECh. 4.4 - Allied Health A pharmaceutical sales...Ch. 4.4 - Prob. 38CECh. 4.4 - Prob. 39CECh. 4.5 - Electronics A CB radio is rated at 7.5 watts, and...Ch. 4.5 - Prob. 2ECh. 4.5 - Electrical Trades An engine supplies 110 hp to an...Ch. 4.5 - Prob. 4ECh. 4.5 - Prob. 5ECh. 4.5 - Prob. 6ECh. 4.5 - Prob. 7ECh. 4.5 - Life Skills If you earn 12% commission on sales of...Ch. 4.5 - Metalworking On a cutting operation, 2 sq ft of...Ch. 4.5 - Prob. 10ECh. 4.5 - Prob. 11ECh. 4.5 - Prob. 12ECh. 4.5 - Manufacturing A small gasoline shop engine...Ch. 4.5 - Prob. 14ECh. 4.5 - Prob. 15ECh. 4.5 - Trades Management A welding shop charges the...Ch. 4.5 - Prob. 17ECh. 4.5 - Prob. 18ECh. 4.5 - Prob. 19ECh. 4.5 - Prob. 20ECh. 4.5 - Prob. 21ECh. 4.5 - Interior Design An interior designer working for a...Ch. 4.5 - Retail Merchandising A one-terabyte external hard...Ch. 4.5 - Trades Management Chris paid for the initial...Ch. 4.5 - Prob. 25ECh. 4.5 - Prob. 26ECh. 4.5 - Prob. 27ECh. 4.5 - Prob. 28ECh. 4.5 - Automotive Trades A new tire had a tread depth of...Ch. 4.5 - Prob. 30ECh. 4.5 - Prob. 31ECh. 4.5 - Prob. 32ECh. 4.5 - Prob. 33ECh. 4.5 - Machine Trades Complete the following table of...Ch. 4.5 - Electrical Trades An electrician purchases some...Ch. 4.5 - Prob. 36ECh. 4.5 - Prob. 37ECh. 4.5 - Culinary Arts A wholesale food sales rep is paid a...Ch. 4.5 - Life Skills A sales rep for roofing materials...Ch. 4.5 - Prob. 40ECh. 4.5 - Trades Management Last year, the owner of the...Ch. 4.5 - Trades Management Because it has a history of...Ch. 4.5 - Prob. 43ECh. 4.5 - Prob. 44ECh. 4.5 - Prob. 45ECh. 4.5 - Prob. 46ECh. 4.5 - Prob. 47ECh. 4.5 - Prob. 48ECh. 4.5 - Prob. 49ECh. 4.5 - Prob. 50ECh. 4.5 - Prob. 51ECh. 4.5 - Prob. 52ECh. 4.5 - Allied Health A patient originally weighing 180 lb...Ch. 4.5 - Solve
Retail Merchandising A jacket was reduced in...Ch. 4.5 - Prob. 55ECh. 4.5 - Prob. 56ECh. 4.5 - Prob. 57ECh. 4.5 - Prob. 58ECh. 4.5 - Prob. 59ECh. 4.5 - Prob. 60ECh. 4.5 - Prob. 61ECh. 4 - Calculate ratios. (a) Find the ratio of the pulley...Ch. 4 - Solve proportions. (a) Solve for x. 8x=1215...Ch. 4 - Solve problems involving proportions. (a)...Ch. 4 - Write fractions and decimal numbers as percents....Ch. 4 - Prob. 5PCh. 4 - Solve problems involving percent. (a) Find 3712 of...Ch. 4 - A. Complete the following tables.Ch. 4 - A. Complete the following tables.Ch. 4 - B. Solve the following proportions. 56=x42Ch. 4 - B. Solve the following proportions. 815=12xCh. 4 - Prob. 3BPSCh. 4 - B. Solve the following proportions. 312x=51418Ch. 4 - B. Solve the following proportions. 1.65.2=4.4xCh. 4 - B. Solve the following proportions....Ch. 4 - C. Write each number as a percent. 0.72Ch. 4 - C. Write each number as a percent. 0.06Ch. 4 - Prob. 3CPSCh. 4 - C. Write each number as a percent. 0.358Ch. 4 - Prob. 5CPSCh. 4 - C. Write each number as a percent. 3.03Ch. 4 - Prob. 7CPSCh. 4 - Prob. 8CPSCh. 4 - Prob. 9CPSCh. 4 - C. Write each number as a percent. 235Ch. 4 - Prob. 1DPSCh. 4 - Prob. 2DPSCh. 4 - Prob. 3DPSCh. 4 - D. Write each percent as a decimal number. 94%Ch. 4 - Prob. 5DPSCh. 4 - D. Write each percent as a decimal number. 0.09%Ch. 4 - Prob. 7DPSCh. 4 - Prob. 8DPSCh. 4 - Prob. 9DPSCh. 4 - D. Write each percent as a decimal number. 8.02%Ch. 4 - Prob. 11DPSCh. 4 - D. Write each percent as a decimal number. 210%Ch. 4 - Prob. 1EPSCh. 4 - E. Write each of the following percents as a...Ch. 4 - Prob. 3EPSCh. 4 - Prob. 4EPSCh. 4 - Prob. 5EPSCh. 4 - Prob. 6EPSCh. 4 - Prob. 7EPSCh. 4 - E. Write each of the following percents as a...Ch. 4 - F. Solve. 3 is _____ % of 5.Ch. 4 - F. Solve. 5% is 120 is _____.Ch. 4 - Prob. 3FPSCh. 4 - F. Solve. 16 is what percent of 8?Ch. 4 - Prob. 5FPSCh. 4 - F. Solve. 1.38 is _____ % of 1.15.Ch. 4 - Prob. 7FPSCh. 4 - F. Solve. 250% of 50 is _____.Ch. 4 - Prob. 9FPSCh. 4 - Prob. 10FPSCh. 4 - Prob. 1GPSCh. 4 - Metalworking Cast iron contains up to 4.5% carbon,...Ch. 4 - Prob. 3GPSCh. 4 - Prob. 4GPSCh. 4 - Prob. 5GPSCh. 4 - Retail Merchandising A computer printer sells for...Ch. 4 - Prob. 7GPSCh. 4 - Prob. 8GPSCh. 4 - Prob. 9GPSCh. 4 - Masonry A mason must purchase enough mortar mix to...Ch. 4 - Manufacturing A production job is bid at 6275, but...Ch. 4 - Metalworking When heated, a metal rod expands...Ch. 4 - Prob. 13GPSCh. 4 - Automotive Trades A 140-hp automobile engine...Ch. 4 - Prob. 15GPSCh. 4 - Prob. 16GPSCh. 4 - Prob. 17GPSCh. 4 - Trades Management To purchase a truck for his...Ch. 4 - Prob. 19GPSCh. 4 - Interior Design An interior designer is able to...Ch. 4 - Prob. 21GPSCh. 4 - Prob. 22GPSCh. 4 - Prob. 23GPSCh. 4 - Automotive Trades The headlights on a car are...Ch. 4 - Prob. 25GPSCh. 4 - Prob. 26GPSCh. 4 - Prob. 27GPSCh. 4 - Prob. 28GPSCh. 4 - Machine Trades Six steel parts weigh 1.8 lb. How...Ch. 4 - Prob. 30GPSCh. 4 - Prob. 31GPSCh. 4 - Drafting Drafters usually use a scale of 14 in. =...Ch. 4 - Prob. 33GPSCh. 4 - Prob. 34GPSCh. 4 - Prob. 35GPSCh. 4 - Prob. 36GPSCh. 4 - Prob. 37GPSCh. 4 - Printing A printer needs 12,000 good copies of a...Ch. 4 - Prob. 39GPSCh. 4 - Prob. 40GPSCh. 4 - Prob. 41GPSCh. 4 - General Trades Find the missing dimension in the...Ch. 4 - Physics In a closed container, the pressure is...Ch. 4 - Automotive Trades The mechanical efficiency of a...Ch. 4 - Prob. 45GPSCh. 4 - Allied Health Calculate the percent concentration...Ch. 4 - Prob. 47GPSCh. 4 - Prob. 48GPSCh. 4 - Prob. 49GPSCh. 4 - Prob. 50GPSCh. 4 - Prob. 51GPSCh. 4 - Prob. 52GPSCh. 4 - Prob. 53GPSCh. 4 - Prob. 54GPSCh. 4 - Prob. 55GPSCh. 4 - Prob. 56GPSCh. 4 - Prob. 57GPSCh. 4 - Prob. 58GPSCh. 4 - Prob. 59GPSCh. 4 - Plumbing A homeowner purchases a new hot-water...Ch. 4 - Prob. 61GPSCh. 4 - Prob. 62GPSCh. 4 - Prob. 63GPSCh. 4 - Prob. 64GPSCh. 4 - Prob. 65GPS
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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
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