Mathematics for Elementary Teachers with Activities, Loose-Leaf Version Plus MyLab Math -- Access Card Package (5th Edition)
5th Edition
ISBN: 9780134800196
Author: Sybilla Beckmann
Publisher: PEARSON
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Chapter 4.3, Problem 3P
Using the definition of multiplication, explain why it makes sense to multiply
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Starting with the finished version of Example 6.2, attached, change the decision criterion to "maximize expected utility," using an exponential utility function with risk tolerance $5,000,000. Display certainty equivalents on the tree.
a. Keep doubling the risk tolerance until the company's best strategy is the same as with the EMV criterion—continue with development and then market if successful.
The risk tolerance must reach $ 160,000,000 before the risk averse company acts the same as the EMV-maximizing company.
b. With a risk tolerance of $320,000,000, the company views the optimal strategy as equivalent to receiving a sure $____________ , even though the EMV from the original strategy (with no risk tolerance) is $ 59,200.
Complete solutions need handwriting. For all only sure experts solve it correct complete solutions
The graph below shows the U.S. federal expenses for 2012.
A) estimate the fraction of the total expenses that were spent on Medicare. Write your answer as the
closest fraction whose denominator is 100.
B) estimate the fraction of the total expenses that were spent on Medicare and Medicaid. Write your
answer as the closest fraction, whose denominator is 100.
Chapter 4 Solutions
Mathematics for Elementary Teachers with Activities, Loose-Leaf Version Plus MyLab Math -- Access Card Package (5th Edition)
Ch. 4.1 - Use this section’s definition of multiplication to...Ch. 4.1 - Write an Array word problem for 68=? . Explain...Ch. 4.1 - Write an Ordered Pair problem for 68=? . Explain...Ch. 4.1 - Write a Multiplicative Comparison word problem for...Ch. 4.1 - a. Write a Multiplicative Comparison word problem...Ch. 4.1 - Write a Multiplicative Comparison problem in which...Ch. 4.1 - Solve the three problems that are given in the 3...Ch. 4.1 - John, Trey, and Miles want to know how many...Ch. 4.1 - a. A 40-member club will elect a president and...Ch. 4.2 - Using the example 10 . 47 to illustrate, explain...
Ch. 4.2 - Mary says that 103.7=3.70. Why might Mary think...Ch. 4.2 - Now that you understand why multiplying a number...Ch. 4.2 - a. Find the decimal representation of 137 to at...Ch. 4.2 - Find the decimal representation of 141 to at least...Ch. 4.3 - There are 31 envelopes with 3 stickers in each...Ch. 4.3 - Here is Amy’s explanation for why the commutative...Ch. 4.3 - Using the definition of multiplication, explain...Ch. 4.3 - Use the definition of multiplication to explain...Ch. 4.3 - Figure A in Figure 4.21 I shows a 5-unit- high,...Ch. 4.3 - Write three different expressions for the total...Ch. 4.3 - Suppose you have 60 pennies arranged into 12...Ch. 4.3 - To calculate 3.80 mentally, we can just calculate...Ch. 4.3 - Write equations to show how the commutative and...Ch. 4.3 - Explain how to use the associative property of...Ch. 4.3 - Use the associative property of multiplication to...Ch. 4.3 - Explain how to make the following product easy to...Ch. 4.3 - Julia says that it’s easy to multiply a number by...Ch. 4.3 - Carmen says that it’s easy to multiply even...Ch. 4.3 - The Browns need new carpet for a room with a...Ch. 4.3 - If a roll of a certain kind of wrapping paper is...Ch. 4.3 - Ms. Dunn’s class wants to estimate the number of...Ch. 4.3 - Imagine that you are standing on a sandy beach,...Ch. 4.3 - A lot of gumballs are in a glass container. The...Ch. 4.3 - Figure 4.27 shows a grocery store display of cases...Ch. 4.3 - Use the facts that 1mile=1760yards 1yard=3feet...Ch. 4.3 - A roll of wrapping paper is 30 inches wide. When...Ch. 4.3 - Estimate how many neatly stacked hundred-dollar...Ch. 4.3 - * A cube that is 10 inches wide, 10 inches long,...Ch. 4.3 - * Investigate the following two questions, and...Ch. 4.3 - * The Better Baking Company is introducing a new...Ch. 4.4 - Ben and Charles are working on 4+3.2.10 Ben says...Ch. 4.4 - a. There are 6 cars traveling together. Each car...Ch. 4.4 - The students in Mrs. Black’s class are arranged as...Ch. 4.4 - Describe one collection of things whose total...Ch. 4.4 - There are 6 cars traveling together. Each car has...Ch. 4.4 - Draw arrays to help you explain why the equations...Ch. 4.4 - Explain how to use the distributive property to...Ch. 4.4 - Explain how to calculate 29 .20 mentally by using...Ch. 4.4 - Ted thinks that because 10.10=100and2.5=10, he...Ch. 4.4 - Working on the multiplication problem 21. 34,...Ch. 4.4 - Use the distributive property several times to...Ch. 4.4 - In Section 4.2, we drew pictures of bundled...Ch. 4.4 - *a. Use an ordinary calculator to calculate 666,...Ch. 4.4 - * Without using a calculator or computer and...Ch. 4.4 - * Check the following:...Ch. 4.4 - Determine which of the following two numbers is...Ch. 4.4 - * The square of a number is just the number times...Ch. 4.4 - * The square of a number is just the number times...Ch. 4.5 - Josh consistently remembers that 77=49 , but he...Ch. 4.5 - Demarcus knows his 1,2,and3 multiplication tables....Ch. 4.5 - Suppose that a student has learned the following...Ch. 4.5 - For each of the multiplication problems (a)...Ch. 4.5 - Suppose that the sales tax where you live is 6%....Ch. 4.5 - Clint and Sue went out to dinner and had a nice...Ch. 4.5 - Your favorite store is having a 10%-off sale,...Ch. 4.5 - AThe exchanges that follow are taken from...Ch. 4.5 - Here is Marco’s method for calculating 38 60: Four...Ch. 4.5 - Jenny uses the following method to find 28% of...Ch. 4.5 - Use properties of arithmetic to calculate 35% of...Ch. 4.5 - Use the distributive property to make it easy for...Ch. 4.5 - Tamar calculated 41 41 as follows: Four 4s is 16,...Ch. 4.5 - Here is how Nya solved the problem 34.72: Half of...Ch. 4.5 - a. Lindsay calculates two-fifths of 1260 by using...Ch. 4.5 - While working on the multiplication problem 38 ....Ch. 4.5 - There is an interesting mental technique for...Ch. 4.5 - * Try out this next mathematical magic trick. Do...Ch. 4.6 - Solve the multiplication problem 896_ in three...Ch. 4.6 - Solve the multiplication problem 7684_ in three...Ch. 4.6 - Solve the multiplication problem 43237_ in three...Ch. 4.6 - When we multiply 2637_ by using the common method,...Ch. 4.6 - a. Use the partial-products method to calculate...Ch. 4.6 - a. Use the partial-products method to calculate...Ch. 4.6 - a. Use the partial-products and common methods to...Ch. 4.6 - a. Draw an array on graph paper, and use your...Ch. 4.6 - Solve the multiplication problem 2327 by writing...Ch. 4.6 - a. Use the partial-products and common methods to...Ch. 4.6 - a. Use the common method to calculate 2437 b. On...Ch. 4.6 - The lattice method is a technique that is...Ch. 4.6 - The following method for multiplying 2123 relies...
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- Starting with the finished version of Example 6.2, attached, change the decision criterion to "maximize expected utility," using an exponential utility function with risk tolerance $5,000,000. Display certainty equivalents on the tree. a. Keep doubling the risk tolerance until the company's best strategy is the same as with the EMV criterion—continue with development and then market if successful. The risk tolerance must reach $ ____________ before the risk averse company acts the same as the EMV-maximizing company. b. With a risk tolerance of $320,000,000, the company views the optimal strategy as equivalent to receiving a sure $____________ , even though the EMV from the original strategy (with no risk tolerance) is $ ___________ .arrow_forward2.8.1arrow_forwardDo not use the Residue Theorem. Thank you.arrow_forward
- A television network earns an average of $14 million each season from a hit program and loses an average of $8 million each season on a program that turns out to be a flop. Of all programs picked up by this network in recent years, 25% turn out to be hits and 75% turn out to be flops. At a cost of C dollars, a market research firm will analyze a pilot episode of a prospective program and issue a report predicting whether the given program will end up being a hit. If the program is actually going to be a hit, there is a 75% chance that the market researchers will predict the program to be a hit. If the program is actually going to be a flop, there is only a 30% chance that the market researchers will predict the program to be a hit. What is the maximum value of C that the network should be willing to pay the market research firm? Enter your answer in dollars, not in million dollars. $ __________ Calculate EVPI for this decision problem. Enter your answer in dollars, not in million…arrow_forwardEvaluate the line integral sin z dz, So sin where C is the portion of the curve y = x² from 0 to −1 + i.arrow_forwardLet f(z) be complex differentiable everywhere in C. Fix two distinct complex numbers a and b and a circle C of radius R with |a| < R,|b| < R traversed in the counter-clockwise direction. Evaluate the integral Sc − f(z)dz (z - a)(z – b) in terms of a, b and the values of f at those points.arrow_forward
- | Let C be a circle (with a positive radius) such that z = 1 lies in its interior. Evaluate the contour integral So Tz zez (z - 1)³ = where C is traversed in the clockwise direction. dzarrow_forwardquestion 8arrow_forwardTwo construction companies are bidding against one another for the right to construct a new community center building. The first construction company, Fine Line Homes, believes that its competitor, Buffalo Valley Construction, will place a bid for this project according to the distribution shown in this table: Buffalo Valley's Bid Bid Probability $160,000 0.2 $165,000 0.5 $170,000 0.2 $175,000 0.1 Furthermore, Fine Line Homes estimates that it will cost $160,000 for its own company to construct this building. Given its fine reputation and long-standing service within the local community, Fine Line Homes believes that it will likely be awarded the project in the event that it and Buffalo Valley Construction submit exactly the same bids. Find the bid that maximizes Fine Line’s expected profit. Max expected profit $ ________ . Bid that maximizes profit $ ________ .arrow_forward
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