Student Solutions Manual For Ewen's Elementary Technical Mathematics, 12th
12th Edition
ISBN: 9781337630603
Author: Dale Ewen
Publisher: Cengage Learning
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Textbook Question
Chapter 4.2, Problem 24E
Find a. the precision and b. the greatest possible error of each measurement:
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Chapter 4 Solutions
Student Solutions Manual For Ewen's Elementary Technical Mathematics, 12th
Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...
Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Prob. 24ECh. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Prob. 26ECh. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Prob. 30ECh. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Determine the accuracy of each measurement; that...Ch. 4.1 - Prob. 36ECh. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.2 - Find a. the precision and b. the greatest possible...Ch. 4.3A - Read the measurement in millimeters shown on each...Ch. 4.3A - Read the measurement in millimeters shown on each...Ch. 4.3A - Read the measurement in millimeters shown on each...Ch. 4.3A - Read the measurement in millimeters shown on each...Ch. 4.3A - Read the measurement in millimeters shown on each...Ch. 4.3A - Read the measurement in millimeters shown on each...Ch. 4.3A - Read the measurement in millimeters shown on each...Ch. 4.3A - Read the measurement in millimeters shown on each...Ch. 4.3A - Read the measurement in millimeters shown on each...Ch. 4.3A - Prob. 10ECh. 4.3A - Prob. 11ECh. 4.3A - Prob. 12ECh. 4.3B - Read the measurement in inches shown on each...Ch. 4.3B - Read the measurement in inches shown on each...Ch. 4.3B - Read the measurement in inches shown on each...Ch. 4.3B - Prob. 4ECh. 4.3B - Prob. 5ECh. 4.3B - Read the measurement in inches shown on each...Ch. 4.3B - Prob. 7ECh. 4.3B - Prob. 8ECh. 4.3B - Prob. 9ECh. 4.3B - Read the measurement in inches shown on each...Ch. 4.3B - Prob. 11ECh. 4.3B - Read the measurement in inches shown on each...Ch. 4.4A - Read the measurement shown on each metric...Ch. 4.4A - Read the measurement shown on each metric...Ch. 4.4A - Read the measurement shown on each metric...Ch. 4.4A - Prob. 4ECh. 4.4A - Prob. 5ECh. 4.4A - Prob. 6ECh. 4.4A - Prob. 7ECh. 4.4A - Prob. 8ECh. 4.4A - Prob. 9ECh. 4.4A - Prob. 10ECh. 4.4A - Read the measurement shown on each metric...Ch. 4.4A - Prob. 12ECh. 4.4A - Read the measurement shown on each metric...Ch. 4.4A - Prob. 14ECh. 4.4A - Prob. 15ECh. 4.4A - Prob. 16ECh. 4.4A - Prob. 17ECh. 4.4A - Prob. 18ECh. 4.4A - Prob. 19ECh. 4.4A - Read the measurement shown on each metric...Ch. 4.4B - Read the measurement shown on each U.S....Ch. 4.4B - Prob. 2ECh. 4.4B - Prob. 3ECh. 4.4B - Prob. 4ECh. 4.4B - Prob. 5ECh. 4.4B - Prob. 6ECh. 4.4B - Read the measurement shown on each U.S....Ch. 4.4B - Read the measurement shown on each U.S....Ch. 4.4B - Prob. 9ECh. 4.4B - Prob. 10ECh. 4.4B - Prob. 11ECh. 4.4B - Prob. 12ECh. 4.4B - Prob. 13ECh. 4.4B - Prob. 14ECh. 4.4B - Prob. 15ECh. 4.4B - Prob. 16ECh. 4.4B - Prob. 17ECh. 4.4B - Prob. 18ECh. 4.4B - Prob. 19ECh. 4.4B - Prob. 20ECh. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - Prob. 6ECh. 4.5 - Prob. 7ECh. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - Prob. 10ECh. 4.5 - Prob. 11ECh. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - Prob. 15ECh. 4.5 - Prob. 16ECh. 4.5 - In each set of measurements, find the measurement...Ch. 4.5 - Prob. 18ECh. 4.5 - Prob. 19ECh. 4.5 - Prob. 20ECh. 4.5 - Use the rules for addition of measurements to find...Ch. 4.5 - Use the rules for addition of measurements to find...Ch. 4.5 - Use the rules for addition of measurements to find...Ch. 4.5 - Use the rules for addition of measurements to find...Ch. 4.5 - Use the rules for addition of measurements to find...Ch. 4.5 - Prob. 26ECh. 4.5 - Use the rules for addition of measurements to find...Ch. 4.5 - Use the rules for addition of measurements to find...Ch. 4.5 - Use the rules for addition of measurements to find...Ch. 4.5 - Prob. 30ECh. 4.5 - Prob. 31ECh. 4.5 - Use the rules for addition of measurements to find...Ch. 4.5 - Use the rules for subtraction of measurements to...Ch. 4.5 - Use the rules for subtraction of measurements to...Ch. 4.5 - Prob. 35ECh. 4.5 - Use the rules for subtraction of measurements to...Ch. 4.5 - Use the rules for subtraction of measurements to...Ch. 4.5 - Use the rules for subtraction of measurements to...Ch. 4.5 - Prob. 39ECh. 4.5 - Prob. 40ECh. 4.5 - Use the rules for subtraction of measurements to...Ch. 4.5 - If you bolt four pieces of metal with thicknesses...Ch. 4.5 - Prob. 43ECh. 4.5 - Prob. 44ECh. 4.5 - A welder cuts several pieces of steel angle of...Ch. 4.5 - Prob. 46ECh. 4.5 - Prob. 47ECh. 4.5 - Prob. 48ECh. 4.5 - An automobile cooling system is leaking. One day...Ch. 4.5 - Prob. 50ECh. 4.5 - Prob. 51ECh. 4.5 - A 6-room building has the following supply air...Ch. 4.5 - Prob. 53ECh. 4.5 - Prob. 54ECh. 4.5 - Prob. 55ECh. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Prob. 8ECh. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Prob. 12ECh. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Prob. 20ECh. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Use the rules for multiplication and/or division...Ch. 4.6 - Prob. 26ECh. 4.6 - V=lwh is the formula for the volume of a...Ch. 4.6 - Find the volume of a cube measuring 8.10 cm on...Ch. 4.6 - The formula s=4.90t2 gives the distances, s in...Ch. 4.6 - Given K.E.=12mv2,m=2.87106kg,andv=13.4m/s. Find...Ch. 4.6 - A formula for determining the theoretical...Ch. 4.6 - Six pieces of metal, each 2.48 mm in thickness,...Ch. 4.6 - Find the volume of a storage bin cylinder with...Ch. 4.6 - In 2010, the United States harvested 12.4 billion...Ch. 4.6 - Prob. 35ECh. 4.6 - Prob. 36ECh. 4.6 - Prob. 37ECh. 4.6 - Prob. 38ECh. 4.6 - Prob. 39ECh. 4.6 - Prob. 40ECh. 4.6 - Prob. 41ECh. 4.6 - Prob. 42ECh. 4.6 - Prob. 43ECh. 4.6 - Prob. 44ECh. 4.6 - Prob. 45ECh. 4.6 - The weather forecast for tonight calls for about 1...Ch. 4.6 - Prob. 47ECh. 4.6 - According to the Environmental Protection Agency,...Ch. 4.6 - There is so much water in the world that we...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - For each measurement, find the precision, the...Ch. 4.7 - Prob. 18ECh. 4.7 - Prob. 19ECh. 4.7 - Prob. 20ECh. 4.7 - Compare each set of measurements by indicating...Ch. 4.7 - Compare each set of measurements by indicating...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Prob. 34ECh. 4.7 - Prob. 35ECh. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Complete the table: Given measurement Tolerance...Ch. 4.7 - Prob. 38ECh. 4.7 - Complete the table: Architects estimate Maximum...Ch. 4.7 - Complete the table: Architects estimate Maximum...Ch. 4.7 - Complete the table: Architects estimate Maximum...Ch. 4.7 - Complete the table: Architects estimate Maximum...Ch. 4.8 - For each resistor shown, find the resistance and...Ch. 4.8 - For each resistor shown, find the resistance and...Ch. 4.8 - Prob. 3ECh. 4.8 - For each resistor shown, find the resistance and...Ch. 4.8 - Prob. 5ECh. 4.8 - For each resistor shown, find the resistance and...Ch. 4.8 - For each resistor shown, find the resistance and...Ch. 4.8 - For each resistor shown, find the resistance and...Ch. 4.8 - Prob. 9ECh. 4.8 - For each resistor shown, find the resistance and...Ch. 4.8 - For each resistor shown, find the resistance and...Ch. 4.8 - For each resistor shown, find the resistance and...Ch. 4.8 - Prob. 13ECh. 4.8 - Prob. 14ECh. 4.8 - Prob. 15ECh. 4.8 - What color code on the first three bands is needed...Ch. 4.8 - What color code on the first three bands is needed...Ch. 4.8 - Prob. 18ECh. 4.8 - Prob. 19ECh. 4.8 - Prob. 20ECh. 4.8 - Prob. 21ECh. 4.8 - Prob. 22ECh. 4.8 - Prob. 23ECh. 4.8 - What color code on the first three bands is needed...Ch. 4.8 - Prob. 25ECh. 4.8 - Find a. the tolerance in ohms, b. the upper...Ch. 4.8 - Prob. 27ECh. 4.8 - Prob. 28ECh. 4.8 - Prob. 29ECh. 4.8 - Find a. the tolerance in ohms, b. the upper...Ch. 4.9 - Read each scale:Ch. 4.9 - Prob. 2ECh. 4.9 - Prob. 3ECh. 4.9 - Prob. 4ECh. 4.9 - Prob. 5ECh. 4.9 - Prob. 6ECh. 4.9 - Prob. 7ECh. 4.9 - Prob. 8ECh. 4.9 - Prob. 9ECh. 4.9 - Prob. 10ECh. 4.9 - Prob. 11ECh. 4.9 - Prob. 12ECh. 4.9 - Read each scale:Ch. 4.9 - Prob. 14ECh. 4.9 - Read each scale:Ch. 4.9 - Prob. 16ECh. 4.9 - Prob. 17ECh. 4.9 - Prob. 18ECh. 4.9 - Read each scale:Ch. 4.9 - Prob. 20ECh. 4.9 - Prob. 21ECh. 4.9 - Prob. 22ECh. 4 - Give the number of significant digits (the...Ch. 4 - Give the number of significant digits (the...Ch. 4 - Prob. 3RCh. 4 - Prob. 4RCh. 4 - Prob. 5RCh. 4 - Prob. 6RCh. 4 - Prob. 7RCh. 4 - Prob. 8RCh. 4 - Find a. the precision and b. and greatest possible...Ch. 4 - Prob. 10RCh. 4 - Prob. 11RCh. 4 - Prob. 12RCh. 4 - Prob. 13RCh. 4 - Prob. 14RCh. 4 - Prob. 15RCh. 4 - Prob. 16RCh. 4 - Read the measurement shown on the vernier caliper...Ch. 4 - Prob. 18RCh. 4 - Prob. 19RCh. 4 - Read the measurement shown on the U.S. micrometer...Ch. 4 - Find the measurement that is a. the most accurate...Ch. 4 - Prob. 22RCh. 4 - Prob. 23RCh. 4 - Prob. 24RCh. 4 - Prob. 25RCh. 4 - Prob. 26RCh. 4 - Prob. 27RCh. 4 - Prob. 28RCh. 4 - Prob. 29RCh. 4 - Prob. 30RCh. 4 - Prob. 31RCh. 4 - Prob. 32RCh. 4 - Prob. 33RCh. 4 - For each resistor find its resistance and its...Ch. 4 - Prob. 35RCh. 4 - Prob. 36RCh. 4 - Give the number of significant digits in each...Ch. 4 - Give the number of significant digits in each...Ch. 4 - Prob. 3TCh. 4 - Find a. the precision and b. the greatest possible...Ch. 4 - Prob. 5TCh. 4 - Find a. the precision and b. the greatest possible...Ch. 4 - Prob. 7TCh. 4 - Read the measurement shown on the vernier caliper...Ch. 4 - Prob. 9TCh. 4 - Read the measurement shown on the U.S. micrometer...Ch. 4 - Prob. 11TCh. 4 - Find the measurement that is a. the most accurate,...Ch. 4 - Use the rules of measurement to multiply:...Ch. 4 - Use the rules of rules of measurement to add:...Ch. 4 - Prob. 15TCh. 4 - Use the rules of measurement to divide: 6.28m225mCh. 4 - Prob. 17TCh. 4 - Find a. the relative error and b. the percent of...Ch. 4 - Prob. 19TCh. 4 - Read each scale:Ch. 4 - Prob. 1CRCh. 4 - Round 32,518.612 to nearest a. ten b. hundredth.Ch. 4 - Prob. 3CRCh. 4 - Prob. 4CRCh. 4 - Prob. 5CRCh. 4 - Prob. 6CRCh. 4 - Prob. 7CRCh. 4 - Prob. 8CRCh. 4 - Prob. 9CRCh. 4 - Prob. 10CRCh. 4 - Prob. 11CRCh. 4 - Prob. 12CRCh. 4 - Prob. 13CRCh. 4 - Prob. 14CRCh. 4 - Prob. 15CRCh. 4 - Prob. 16CRCh. 4 - Prob. 17CRCh. 4 - Prob. 18CRCh. 4 - Prob. 19CRCh. 4 - Prob. 20CRCh. 4 - Given the number of significant digits in each...Ch. 4 - Find a. the precision and b. the greatest possible...Ch. 4 - Find a. the precision and b. the greatest possible...Ch. 4 - Prob. 24CRCh. 4 - Prob. 25CRCh. 4 - Prob. 26CRCh. 4 - Prob. 27CRCh. 4 - Prob. 28CRCh. 4 - Prob. 29CRCh. 4 - Prob. 30CRCh. 4 - Prob. 31CRCh. 4 - Prob. 32CRCh. 4 - Prob. 33CRCh. 4 - Read each scale:
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- Sand and clay studies were conducted at a site in California. Twelve consecutive depths, each about 15 cm deep, were studied and the following percentages of sand in the soil were recorded. 27.3 34.6 30.6 27.8 33.4 31.5 27.3 31.2 32.0 24.7 24.4 28.2 Test this sequence for randomness about the median. Converting this sequence of numbers to a sequence of symbols A and B, where A indicates a value above the median and B denotes a value below the median gives BAABAABAABBB. Verify that the number of runs is 7, the lower critical number is 3, and the upper critical number is 11. Use a 5% level of significance. State the conclusion of the test and interpret your results.arrow_forward29% of all college students major in STEM (Science, Technology, Engineering, and Math). If 46 college students are randomly selected, find the probability thata. Exactly 11 of them major in STEM. b. At most 12 of them major in STEM. c. At least 11 of them major in STEM. d. Between 11 and 15 (including 11 and 15) of them major in STEM.arrow_forward4. 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.arrow_forward
- 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.arrow_forward2. 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…arrow_forwardPlease solving problem2 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.arrow_forward
- 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.arrow_forwardThis 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)…arrow_forward5. [-/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_forward
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