EBK MATHEMATICS FOR THE TRADES
11th Edition
ISBN: 8220106960455
Author: CARMAN
Publisher: PEARSON
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Chapter 4.3, Problem 24BE
To determine
The conversion of
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1 (Expected Shortfall)
Suppose the price of an asset Pt follows a normal random walk, i.e., Pt =
Po+r₁ + ... + rt with r₁, r2,... being IID N(μ, o²).
Po+r1+.
⚫ Suppose the VaR of rt is VaRq(rt) at level q, find the VaR of the price
in T days, i.e., VaRq(Pt – Pt–T).
-
• If ESq(rt) = A, find ES₁(Pt – Pt–T).
2 (Normal Distribution)
Let rt be a log return. Suppose that r₁, 2, ... are IID N(0.06, 0.47).
What is the distribution of rt (4) = rt + rt-1 + rt-2 + rt-3?
What is P(rt (4) < 2)?
What is the covariance between r2(2) = 1 + 12 and 13(2) = r² + 13?
• What is the conditional distribution of r₁(3) = rt + rt-1 + rt-2 given
rt-2 = 0.6?
3 (Sharpe-ratio) Suppose that X1, X2,..., is a lognormal geometric random
walk with parameters (μ, o²). Specifically, suppose that X = Xo exp(rı +
...Tk), where Xo is a fixed constant and r1, T2, ... are IID N(μ, o²). Find
the Sharpe-ratios of rk and log(Xk) — log(Xo) respectively, assuming the
risk free return is 0.
Chapter 4 Solutions
EBK MATHEMATICS FOR THE TRADES
Ch. 4.1 - What is the pitch of this roof? A. 18 B. 14 C. 312...Ch. 4.1 - If 4 n = 24, what must be the value of n?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=307
Ch. 4.1 - Solve these proportion equations. 16=17xCh. 4.1 - Solve these proportion equations. A2.5=1310Ch. 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 - Solve. Painting A certain paint used for wood...Ch. 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 - Solve. Roofing For a given depth, the breadth of a...Ch. 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 - Solve. Automotive Trades A Chevy Cruze Eco costs...Ch. 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 - Solve. Trades Management A business owner is...Ch. 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. 4.1 - Solve. Transportation It is estimated that...Ch. 4.1 - Solve. Painting A painting contractor knows from...Ch. 4.2 - Express 6 ft 4 in. in units of inches only.Ch. 4.2 - Solve for n: n212=18112Ch. 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 - Prob. 22BECh. 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 - Convert 320to decimal form.Ch. 4.3 - Prob. 2LCCh. 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 for n: 12n=15100Ch. 4.4 - What is 50% of 20?Ch. 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 - Prob. 23CECh. 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 - Convert 6.5% to decimal form.Ch. 4.5 - If a blueprint specifies the length of a part as...Ch. 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 - Carpentry A 7-in. medium-angle grinder is on sale...Ch. 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 - General Interest In the year 2000, the median...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 - Construction Limestone weighs approximately 165...Ch. 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 - Allied Health Over the 22-year span from 1990 to...Ch. 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. 65GPSCh. 4 - Painting A certain type of paint, used for porches...Ch. 4 - Transportation It is estimated that a truck...Ch. 4 - Masonry A mason is using 12 in. by 8 in. by 16 in....
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