Finite Mathematics (11th Edition)
11th Edition
ISBN: 9780321979438
Author: Margaret L. Lial, Raymond N. Greenwell, Nathan P. Ritchey
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Videos
Textbook Question
Chapter 4.3, Problem 1E
Find the transpose of each matrix.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
In preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches children how to dance. The fixed cost to produce the doll is $100,000. The variable cost, which includes material, labor, and shipping costs, is $31 per doll. During the holiday
selling season, FTC will sell the dolls for $39 each. If FTC overproduces the dolls, the excess dolls will be sold in January through a distributor who has agreed to pay FTC $10 per doll. Demand for new toys during the holiday selling season is extremely uncertain. Forecasts are for expected sales of
60,000 dolls with a standard deviation of 15,000. The normal probability distribution is assumed to be a good description of the demand. FTC has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before
finalizing the decision.
(a) Determine the equation for computing FTC's profit for given values of the…
To generate leads for new business, Gustin Investment Services offers free financial planning seminars at major hotels in Southwest Florida. Gustin conducts seminars for groups of 25 individuals. Each seminar costs Gustin $3,700, and the average first-year commission for each new account opened is
$5,200. Gustin estimates that for each individual attending the seminar, there is a 0.01 probability that individual will open a new account.
(a) Determine the equation for computing Gustin's profit per seminar, given values of the relevant parameters.
Profit = (3,700 x 5,200) - New Accounts Opened
Profit = 5,200 - (New Accounts Opened x 3,700)
Profit = (New Accounts Opened x 3,700) - 5,200
Profit = New Accounts Opened - (5,200 × 3,700)
Profit = (New Accounts Opened x 5,200) - 3,700
(b) What type of random variable is the number of new accounts opened? Hint: Review Appendix 12.1 for descriptions of various types of probability distributions.
continuous
integer uniform
normal
discrete uniform…
Strassel Investors buys real estate, develops it, and resells it for a profit. A new property is available, and Bud Strassel, the president and owner of Strassel Investors, believes if he purchases and develops this property, it can then be sold for $158,000. The current property owner has asked for bids
and stated that the property will be sold for the highest bid in excess of $100,000. Two competitors will be submitting bids for the property. Strassel does not know what the competitors will bid, but he assumes for planning purposes that the amount bid by each competitor will be uniformly distributed
between $100,000 and $148,000.
(a) What is the estimate of the probability Strassel will be able to obtain the property using a bid of $128,000? (Use at least 5,000 trials. Round your answer three decimal places.)
(b) How much does Strassel need to bid to be assured of obtaining the property?
$128,000
$138,000
$148,000
(c) Use the simulation model to compute the profit for each trial of…
Chapter 4 Solutions
Finite Mathematics (11th Edition)
Ch. 4.1 - Convert each inequality into an equation by adding...Ch. 4.1 - Prob. 2ECh. 4.1 - Convert each inequality into an equation by adding...Ch. 4.1 - Prob. 4ECh. 4.1 - For Exercises 5-8. (a) determine the number of...Ch. 4.1 - Prob. 6ECh. 4.1 - For Exercises 5-8, (a) determine the number of...Ch. 4.1 - For Exercises 5-8, (a) determine the number of...Ch. 4.1 -
Introduce slack variables as necessary, then...Ch. 4.1 - Introduce slack variables as necessary, then write...
Ch. 4.1 - Introduce slack variables as necessary, then write...Ch. 4.1 - Introduce slack variables as necessary, then write...Ch. 4.1 - Prob. 13ECh. 4.1 - Introduce slack variables as necessary, then write...Ch. 4.1 -
Write the solutions that can be read from each...Ch. 4.1 - Write the solutions that can be read from each...Ch. 4.1 - Prob. 17ECh. 4.1 - Prob. 18ECh. 4.1 - Pivot once as indicated in each simplex tableau....Ch. 4.1 - Pivot once as indicated in each simplex tableau....Ch. 4.1 - Prob. 21ECh. 4.1 - Prob. 22ECh. 4.1 - Prob. 23ECh. 4.1 - Prob. 24ECh. 4.1 - Explain the purpose of a slack variable.Ch. 4.1 - Prob. 26ECh. 4.1 - Prob. 27ECh. 4.1 - Set up Exercises 2731 for solution by the simplex...Ch. 4.1 - Set up Exercises 2731 for solution by the simplex...Ch. 4.1 - Set up Exercises 2731 for solution by the simplex...Ch. 4.1 - Set up Exercises 27for solution by the simplex...Ch. 4.2 -
In Exercises 1-6, the initial tableau of a linear...Ch. 4.2 -
In Exercises 1-6, the initial tableau of a linear...Ch. 4.2 - In Exercises 1-6, the initial tableau of a linear...Ch. 4.2 - In Exercises 1-6, the initial tableau of a linear...Ch. 4.2 -
In Exercises 1-6, the initial tableau of a linear...Ch. 4.2 - In Exercises 1- the initial tableau of a linear...Ch. 4.2 -
Use the simplex method to solve each linear...Ch. 4.2 - Prob. 8ECh. 4.2 - Prob. 9ECh. 4.2 - Use the simplex method to solve each linear...Ch. 4.2 - Prob. 11ECh. 4.2 - Prob. 12ECh. 4.2 -
Use the simplex method to solve each linear...Ch. 4.2 - Prob. 14ECh. 4.2 - Use the simplex method to solve each linear...Ch. 4.2 - Prob. 16ECh. 4.2 - Prob. 17ECh. 4.2 - Prob. 18ECh. 4.2 - The simplex algorithm still works if an indicator...Ch. 4.2 -
20. What goes wrong if a quotient other than...Ch. 4.2 - Prob. 21ECh. 4.2 - Prob. 22ECh. 4.2 - Prob. 23ECh. 4.2 -
Set up and solve Exercises 23–29 by the...Ch. 4.2 -
Set up and solve Exercises 23–29 by the simplex...Ch. 4.2 - Set up and solve Exercises 23–29 by the simplex...Ch. 4.2 - Set up and solve Exercises 2329 by the simplex...Ch. 4.2 - Set up and solve Exercises 2329 by the simplex...Ch. 4.2 - Prob. 29ECh. 4.2 - Profit A manufacturer makes two products, toy...Ch. 4.2 - Exercises and 32 come from past CPA examinations....Ch. 4.2 - Prob. 32ECh. 4.2 - Prob. 33ECh. 4.2 - Prob. 34ECh. 4.2 - Prob. 35ECh. 4.2 - Prob. 36ECh. 4.2 -
37. Resource Management The average weights of...Ch. 4.2 - Prob. 38ECh. 4.2 - Prob. 39ECh. 4.2 - Prob. 40ECh. 4.3 -
Find the transpose of each matrix.
1.
Ch. 4.3 - Prob. 2ECh. 4.3 - Prob. 3ECh. 4.3 - Find the transpose of each matrix. [...Ch. 4.3 -
State the dual problem for each linear...Ch. 4.3 - Prob. 6ECh. 4.3 -
State the dual problem for each linear...Ch. 4.3 - Prob. 8ECh. 4.3 - Prob. 9ECh. 4.3 -
Use the simples method to solve.
10. Find y1 ≥...Ch. 4.3 -
Use the simplex method to solve.
11. Find y1 ≥...Ch. 4.3 -
Use the simplex method to solve.
12. Minimize w...Ch. 4.3 - Prob. 13ECh. 4.3 -
Use the simplex method to solve.
14. Minimize w =...Ch. 4.3 - Prob. 15ECh. 4.3 - Prob. 16ECh. 4.3 - Prob. 17ECh. 4.3 - Prob. 18ECh. 4.3 -
19. Production Costs A brewery produces regular...Ch. 4.3 - Supply Costs The chemistry department at a local...Ch. 4.3 - Prob. 21ECh. 4.3 - Prob. 22ECh. 4.3 - Prob. 23ECh. 4.3 -
24. Animal Food An animal food must provide at...Ch. 4.3 - Feed Costs Refer to Example 5 in this section on...Ch. 4.3 - Prob. 26ECh. 4.3 - Calorie Expenditure Maureen Rachford wants to...Ch. 4.3 -
28. Health Care Greg Conover takes vitamin...Ch. 4.3 - 29. Blending Nutrients A biologist must make a...Ch. 4.4 - Prob. 1ECh. 4.4 - Prob. 2ECh. 4.4 - Prob. 3ECh. 4.4 - Prob. 4ECh. 4.4 -
Convert each problem into a maximization...Ch. 4.4 - Prob. 6ECh. 4.4 - Prob. 7ECh. 4.4 - Prob. 8ECh. 4.4 - Prob. 9ECh. 4.4 - Prob. 10ECh. 4.4 - Use the simplex method to solve. Find x1 0, x2 0...Ch. 4.4 - Prob. 12ECh. 4.4 - Prob. 13ECh. 4.4 - Prob. 14ECh. 4.4 - Prob. 15ECh. 4.4 - Prob. 16ECh. 4.4 - Prob. 17ECh. 4.4 - Prob. 18ECh. 4.4 - Solve using artificial variables. Maximize w =...Ch. 4.4 - Prob. 20ECh. 4.4 - Prob. 21ECh. 4.4 - Prob. 22ECh. 4.4 - Prob. 23ECh. 4.4 - Prob. 24ECh. 4.4 - Prob. 25ECh. 4.4 - Prob. 26ECh. 4.4 - Prob. 27ECh. 4.4 - Blending Seed Topgrade Turf lawn seed mixture...Ch. 4.4 - Prob. 29ECh. 4.4 - Prob. 30ECh. 4.4 - 31. Blending Chemicals Natural Brand plant food is...Ch. 4.4 - Prob. 32ECh. 4.4 -
33. Calorie Expenditure Joe Vetere’s exercise...Ch. 4 - Suppose you plan to build a raised flower bed...Ch. 4 - For the list of standard paper roll widths given...Ch. 4 - Prob. 3EACh. 4 - For the computer solution of the cutting problem,...Ch. 4 - Prob. 5EACh. 4 - Prob. 6EACh. 4 - Suppose that of the original 33 cutting patterns,...Ch. 4 - Prob. 8EACh. 4 - Compare your two answers from Exercise 8 with each...Ch. 4 - Prob. 10EACh. 4 -
Determine whether each of the following...Ch. 4 - Prob. 2RECh. 4 -
Determine whether each of the following...Ch. 4 - Prob. 4RECh. 4 -
Determine whether each of the following...Ch. 4 - Prob. 6RECh. 4 - Prob. 7RECh. 4 - Prob. 8RECh. 4 - Prob. 9RECh. 4 - Determine whether each of the following statements...Ch. 4 - Determine whether each of the following statements...Ch. 4 - Prob. 12RECh. 4 - Prob. 13RECh. 4 - Prob. 14RECh. 4 - Prob. 15RECh. 4 -
Determine whether each of the following...Ch. 4 -
For each problem. (a) add slack variables or...Ch. 4 - For each problem, (a) add slack variables or...Ch. 4 -
For each problem, (a) add slack variables or...Ch. 4 - For each problem, (a) add slack variables or...Ch. 4 -
Use the simplex method to solve each maximization...Ch. 4 - Use the simplex method to solve each maximization...Ch. 4 -
Use the simplex method to solve each maximization...Ch. 4 - Use the simplex method to solve each maximization...Ch. 4 - Convert each problem into a maximization problem...Ch. 4 - Convert each problem into a maximization problem...Ch. 4 - Prob. 27RECh. 4 - Prob. 28RECh. 4 - Prob. 29RECh. 4 - Prob. 30RECh. 4 - Prob. 31RECh. 4 - Prob. 32RECh. 4 - Prob. 33RECh. 4 - Prob. 34RECh. 4 - Prob. 35RECh. 4 -
36. In Chapter 2 we wrote a system of It near...Ch. 4 - Prob. 37RECh. 4 - Prob. 38RECh. 4 - Prob. 39RECh. 4 - Prob. 40RECh. 4 - Prob. 41RECh. 4 - Prob. 42RECh. 4 - Prob. 43RECh. 4 - Prob. 44RECh. 4 - Prob. 45RECh. 4 - Prob. 46RECh. 4 - Prob. 47RE
Additional Math Textbook Solutions
Find more solutions based on key concepts
1. How is a sample related to a population?
Elementary Statistics: Picturing the World (7th Edition)
1. How much money is Joe earning when he’s 30?
Pathways To Math Literacy (looseleaf)
For Problems 23-28, write in simpler form, as in Example 4. logbFG
Finite Mathematics for Business, Economics, Life Sciences and Social Sciences
Teacher Salaries
The following data from several years ago represent salaries (in dollars) from a school distri...
Elementary Statistics: A Step By Step Approach
In Exercises 5-36, express all probabilities as fractions.
23. Combination Lock The typical combination lock us...
Elementary Statistics
Let F be a continuous distribution function. If U is uniformly distributed on (0,1), find the distribution func...
A First Course in Probability (10th Edition)
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
- Grear Tire Company has produced a new tire with an estimated mean lifetime mileage of 34,500 miles. Management also believes that the standard deviation is 4,500 miles and that tire mileage is normally distributed. To promote the new tire, Grear has offered to refund a portion of the purchase price if the tire fails to reach 30,000 miles before the tire needs to be replaced. Specifically, for tires with a lifetime below 30,000 miles, Grear will refund a customer $1 per 100 miles short of 30,000. Construct a simulation model to answer the following questions. (Use at least 1,000 trials.) (a) For each tire sold, what is the average cost of the promotion (in $)? (Round your answer to two decimal places.) (b) What is the probability that Grear will refund more than $25 for a tire? (Round your answer to three decimal places.)arrow_forwardMajor League Baseball's World Series is a maximum of seven games, with the winner being the first team to win four games. Assume that the Atlanta Braves and the Minnesota Twins are playing in the World Series and that the first two games are to be played in Atlanta, the next three games at the Twins' ballpark, and the last two games, if necessary, back in Atlanta. Taking into account the projected starting pitchers for each game and the home field advantage, suppose the probabilities of Atlanta winning each game are as follows. Game 1 2 3 4 5 6 7 Probability of Win 0.61 0.54 0.47 0.46 0.47 0.56 0.49 Construct a simulation model in which whether Atlanta wins or loses each game is a random variable. Use the model to answer the following questions. (Use at least 1,000 trials.) (a) What is the average number of games played regardless of winner? (Round your answer to one decimal place.) games (b) What is the probability that the Atlanta Braves win the World Series? (Round your answer to…arrow_forward1 Brinkley 2 A B с D E F G H I J 3 Parameters 4 Selling Price 5 Procurement Cost 6 Labor Cost 7 Transportation Cost 8 9 Procurement Cost 10 Lower End of Interval Upper End of Interval Cost Probability 11 $10.00 12 $11.00 0.25 0.45 13 $12.00 0.3 14 15 Labor Cost 16 Lower End of Interval Upper End of Interval Cost Probability 17 $20.00 0.1 18 $22.00 0.25 19 $24.00 0.35 20 $25.00 0.3 21 22 Transportation Cost 23 Lower End of Interval Upper End of Interval Cost Probability 24 25 $3.00 $5.00 0.75 0.25 26 27 Model 28 Profit Per Unit 29 30 Simulation Trial Procurement Cost Labor Cost Transportation Cost Profit Per Unit Summary Statistics 31 1 Mean Profit Per Unit #DIV/0! 32 2 P(Profit <$5) #DIV/0! 83 3 34 4 35 5 36 6 37 7 38 8 39 9 40 10arrow_forward
- Model File Available: Download WeddingIMS.xlsx The wedding date for a couple is quickly approaching, and the wedding planner must provide the caterer an estimate of how many people will attend the reception so that the appropriate quantity of food is prepared for the buffet. The following table contains information on the number of RSVP guests for the 145 invitations. Unfortunately, the number of guests does not always correspond to the number of RSVPed guests. Based on her experience, the wedding planner knows it is extremely rare for guests to attend a wedding if they notified that they will not be attending. Therefore, the wedding planner will assume that no one from these 50 invitations will attend. The wedding planner estimates that the each of the 25 guests planning to come solo has a 74% chance of attending alone, a 20% chance of not attending, and a 6% chance of bringing a companion. For each of the 60 RSVPs who plan to bring a companion, there is a 90% chance that they will…arrow_forwardQ.2.4 There are twelve (12) teams participating in a pub quiz. What is the probability of correctly predicting the top three teams at the end of the competition, in the correct order? Give your final answer as a fraction in its simplest form.arrow_forwardThe table below indicates the number of years of experience of a sample of employees who work on a particular production line and the corresponding number of units of a good that each employee produced last month. Years of Experience (x) Number of Goods (y) 11 63 5 57 1 48 4 54 5 45 3 51 Q.1.1 By completing the table below and then applying the relevant formulae, determine the line of best fit for this bivariate data set. Do NOT change the units for the variables. X y X2 xy Ex= Ey= EX2 EXY= Q.1.2 Estimate the number of units of the good that would have been produced last month by an employee with 8 years of experience. Q.1.3 Using your calculator, determine the coefficient of correlation for the data set. Interpret your answer. Q.1.4 Compute the coefficient of determination for the data set. Interpret your answer.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage
College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
Elementary Linear Algebra (MindTap Course List)AlgebraISBN:9781305658004Author:Ron LarsonPublisher:Cengage Learning
College AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
Algebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:9781133382119
Author:Swokowski
Publisher:Cengage
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Elementary Linear Algebra (MindTap Course List)
Algebra
ISBN:9781305658004
Author:Ron Larson
Publisher:Cengage Learning
College Algebra
Algebra
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
HOW TO FIND DETERMINANT OF 2X2 & 3X3 MATRICES?/MATRICES AND DETERMINANTS CLASS XII 12 CBSE; Author: Neha Agrawal Mathematically Inclined;https://www.youtube.com/watch?v=bnaKGsLYJvQ;License: Standard YouTube License, CC-BY
What are Determinants? Mathematics; Author: Edmerls;https://www.youtube.com/watch?v=v4_dxD4jpgM;License: Standard YouTube License, CC-BY