Elementary Technical Mathematics
11th Edition
ISBN: 9781285199191
Author: Dale Ewen, C. Robert Nelson
Publisher: Cengage Learning
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Chapter 5.3, Problem 25E
To determine
To calculate: The simplified value of the expression
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6) A farmer has 60 acres on which to plant oats or corn. Each acre of oats requires 100 lbs of fertilizer and 1 hour
of labor. Each acre of corn requires 50 lbs of fertilizer and 2 hours of labor. The farmer has 5000 lbs of
fertilizer and 100 hours available for labor. If the profit is $60 from each acre of oats and $100 from each acre
of corn, what planting combination will produce the greatest total profit?
a) Fill in the following chart to help organize the information given in the problem:
Oats
Labor
Fertilizer
Land
Profit
b) Write down the question of interest.
Corn
Available
c) Define variables to answer the question of interest. Call these x and y.
d) Write the objective function to answer the question of interest.
e) List any constraints given in the problem.
An article appeared in the Journal of Gambling Issues, in which the authors looked at random samples of Ontario residents who (i) have not completed some form of post-secondary education and
(ii) have completed some form of post-secondary education.
A code of 0 indicates the person does not have a gambling problem, a code of 1 indicates the person does have a gambling problem.
The data is found in the accompanying data file.
Download.csv file
To count the frequencies of 0 and 1 in each sample, use the table(your_dataset_name$ column's name) function. Make sure to replace "your_dataset_name" with the actual name of your data file
and specify the correct column name.
For example: table(file60c5d1286c735$ CompletedPSEducation)
Let PNOPS represent the proportion of persons not completing some form of post-secondary education who have a gambling problem, and
PPs be the proportion of persons having completed post-secondary education who have a gambling problem.
(a) Find a 92% confidence…
We consider a (European) call option on a stock with expiration in 3 months and strike
price $10. The annual interest rate on the market is r = 4%. The current price of the stock
is $10 and we assume that the stock follows a geometric Brownian motion (Black-Scholes)
model with parameters = 6% and σ = 0.2.
(a) Determine the price Fo of this option at time t
=
: 0 (today).
(b) Using the formulas provided in the lecture videos, calculate the value of each of the
Greeks for this option. Namely, calculate A, T, v, О, p.
(c) Find a formula for the change of the option price with respect to a change in the
af (St, t)
Әк
strike price. In other words, determine
(d) For each of the suggested modifications below, use an approximation to determine
the change in the price of the option above without actually recalculating the price.
For each one, provide an intuitive argument to explain why the price increases or
decreases.
(i) The rate of return μ decreases to 5%.
(ii) The interest rate r…
Chapter 5 Solutions
Elementary Technical Mathematics
Ch. 5.1 - Prob. 1ECh. 5.1 - Evaluate each expression: (2)(3)2+3(2)6Ch. 5.1 - Prob. 3ECh. 5.1 - Prob. 4ECh. 5.1 - Prob. 5ECh. 5.1 - Prob. 6ECh. 5.1 - Prob. 7ECh. 5.1 - Evaluate each expression: (9)233(6)+[ 3(2)5(3) ]Ch. 5.1 - Evaluate each expression: [ (2)(8)2(2)3 ][ 4+(2)4...Ch. 5.1 - Prob. 10E
Ch. 5.1 - In Exercise 11-16, let x=2 and y=3, and evaluate...Ch. 5.1 - In Exercise 11-16, let x=2 and y=3, and evaluate...Ch. 5.1 - In Exercise 11-16, let x=2 and y=3, and evaluate...Ch. 5.1 - Prob. 14ECh. 5.1 - Prob. 15ECh. 5.1 - In Exercise 11-16, let x=2 and y=3, and evaluate...Ch. 5.1 - In Exercise 17-26, let x=1 and y=5, and evaluate...Ch. 5.1 - In Exercise 17-26, let x=1 and y=5, and evaluate...Ch. 5.1 - In Exercise 17-26, let x=1 and y=5, and evaluate...Ch. 5.1 - In Exercise 17-26, let x=1 and y=5, and evaluate...Ch. 5.1 - In Exercise 17-26, let x=1 and y=5, and evaluate...Ch. 5.1 - In Exercise 17-26, let x=1 and y=5, and evaluate...Ch. 5.1 - In Exercise 17-26, let x=1 and y=5, and evaluate...Ch. 5.1 - Prob. 24ECh. 5.1 - In Exercise 17-26, let x=1 and y=5, and evaluate...Ch. 5.1 - In Exercise 17-26, let x=1 and y=5, and evaluate...Ch. 5.1 - In Exercises 27-32, let x=3,y=4,andz=6 . Evaluate...Ch. 5.1 - In Exercises 27-32, let x=3,y=4,andz=6 . Evaluate...Ch. 5.1 - In Exercises 27-32, let x=3,y=4,andz=6 . Evaluate...Ch. 5.1 - Prob. 30ECh. 5.1 - Prob. 31ECh. 5.1 - Prob. 32ECh. 5.1 - In Exercises 33-42, let x=1,y=2,andz=3 . Evaluate...Ch. 5.1 - Prob. 34ECh. 5.1 - In Exercises 33-42, let x=1,y=2,andz=3 . Evaluate...Ch. 5.1 - Prob. 36ECh. 5.1 - In Exercises 33-42, let x=1,y=2,andz=3 . Evaluate...Ch. 5.1 - In Exercises 33-42, let x=1,y=2,andz=3 . Evaluate...Ch. 5.1 - Prob. 39ECh. 5.1 - In Exercises 33-42, let x=1,y=2,andz=3 . Evaluate...Ch. 5.1 - In Exercises 33-42, let x=1,y=2,andz=3 . Evaluate...Ch. 5.1 - In Exercises 33-42, let x=1,y=2,andz=3 . Evaluate...Ch. 5.2 - Remove the parentheses from each expression:...Ch. 5.2 - Prob. 2ECh. 5.2 - Prob. 3ECh. 5.2 - Prob. 4ECh. 5.2 - Prob. 5ECh. 5.2 - Remove the parentheses from each expression:...Ch. 5.2 - Prob. 7ECh. 5.2 - Prob. 8ECh. 5.2 - Prob. 9ECh. 5.2 - Prob. 10ECh. 5.2 - Prob. 11ECh. 5.2 - Remove the parentheses from each expression:...Ch. 5.2 - Prob. 13ECh. 5.2 - Prob. 14ECh. 5.2 - Prob. 15ECh. 5.2 - Prob. 16ECh. 5.2 - Remove the parentheses from each expression:...Ch. 5.2 - Remove the parentheses from each expression:...Ch. 5.2 - Remove the parentheses from each expression:...Ch. 5.2 - Prob. 20ECh. 5.2 - Prob. 21ECh. 5.2 - Prob. 22ECh. 5.2 - Prob. 23ECh. 5.2 - Prob. 24ECh. 5.2 - Prob. 25ECh. 5.2 - Prob. 26ECh. 5.2 - Prob. 27ECh. 5.2 - Prob. 28ECh. 5.2 - Combine the like terms: 6a2+a+12aCh. 5.2 - Combine the like terms: 5x2+3x28x2Ch. 5.2 - Prob. 31ECh. 5.2 - Prob. 32ECh. 5.2 - Prob. 33ECh. 5.2 - Prob. 34ECh. 5.2 - Prob. 35ECh. 5.2 - Prob. 36ECh. 5.2 - Prob. 37ECh. 5.2 - Combine the like terms: 3x25x2+4x2+x4+5x2x+2Ch. 5.2 - Prob. 39ECh. 5.2 - Prob. 40ECh. 5.2 - Prob. 41ECh. 5.2 - Prob. 42ECh. 5.2 - Prob. 43ECh. 5.2 - Prob. 44ECh. 5.2 - Prob. 45ECh. 5.2 - Prob. 46ECh. 5.2 - Simplify by first removing the parentheses and...Ch. 5.2 - Prob. 48ECh. 5.2 - Prob. 49ECh. 5.2 - Prob. 50ECh. 5.2 - Prob. 51ECh. 5.2 - Prob. 52ECh. 5.2 - Prob. 53ECh. 5.2 - Prob. 54ECh. 5.2 - Prob. 55ECh. 5.2 - Prob. 56ECh. 5.2 - Prob. 57ECh. 5.2 - Prob. 58ECh. 5.2 - Simplify by first removing the parentheses and...Ch. 5.2 - Prob. 60ECh. 5.2 - Prob. 61ECh. 5.2 - Prob. 62ECh. 5.2 - Simplify by first removing the parentheses and...Ch. 5.2 - Prob. 64ECh. 5.2 - Prob. 65ECh. 5.2 - Simplify by first removing the parentheses and...Ch. 5.2 - Prob. 67ECh. 5.2 - Prob. 68ECh. 5.2 - Prob. 69ECh. 5.2 - Prob. 70ECh. 5.2 - Prob. 71ECh. 5.2 - Prob. 72ECh. 5.2 - Simplify by first removing the parentheses and...Ch. 5.2 - Prob. 74ECh. 5.2 - Prob. 75ECh. 5.2 - Prob. 76ECh. 5.2 - Simplify by first removing the parentheses and...Ch. 5.2 - Prob. 78ECh. 5.3 - Classify each expression as a monomial, a...Ch. 5.3 - Prob. 2ECh. 5.3 - Prob. 3ECh. 5.3 - Prob. 4ECh. 5.3 - Prob. 5ECh. 5.3 - Classify each expression as a monomial, a...Ch. 5.3 - Prob. 7ECh. 5.3 - Classify each expression as a monomial, a...Ch. 5.3 - Classify each expression as a monomial, a...Ch. 5.3 - Classify each expression as a monomial, a...Ch. 5.3 - Prob. 11ECh. 5.3 - Prob. 12ECh. 5.3 - Rearrange each polynomial in decreasing order and...Ch. 5.3 - Rearrange each polynomial in decreasing order and...Ch. 5.3 - Prob. 15ECh. 5.3 - Prob. 16ECh. 5.3 - Rearrange each polynomial in decreasing order and...Ch. 5.3 - Rearrange each polynomial in decreasing order and...Ch. 5.3 - Rearrange each polynomial in decreasing order and...Ch. 5.3 - Prob. 20ECh. 5.3 - Prob. 21ECh. 5.3 - Prob. 22ECh. 5.3 - Add the following polynomials: (6x27x+5)+(3x2+2x5)Ch. 5.3 - Prob. 24ECh. 5.3 - Prob. 25ECh. 5.3 - Prob. 26ECh. 5.3 - Prob. 27ECh. 5.3 - Prob. 28ECh. 5.3 - Prob. 29ECh. 5.3 - Prob. 30ECh. 5.3 - Prob. 31ECh. 5.3 - Prob. 32ECh. 5.3 - Prob. 33ECh. 5.3 - Prob. 34ECh. 5.3 - Prob. 35ECh. 5.3 - Prob. 36ECh. 5.3 - Prob. 37ECh. 5.3 - Prob. 38ECh. 5.3 - Find each difference: (3x25x+4)(6x27x+2)Ch. 5.3 - Find each difference: (13x2x2)(15x+x2)Ch. 5.3 - Find each difference: (3a4b)(2a7b)Ch. 5.3 - Prob. 42ECh. 5.3 - Prob. 43ECh. 5.3 - Prob. 44ECh. 5.3 - Prob. 45ECh. 5.3 - Prob. 46ECh. 5.3 - Find each difference: (20w217w6)(13w2+7w)Ch. 5.3 - Find each difference: (y22y+1)(2y2+3y+5)Ch. 5.3 - Prob. 49ECh. 5.3 - Prob. 50ECh. 5.3 - Prob. 51ECh. 5.3 - Prob. 52ECh. 5.3 - Prob. 53ECh. 5.3 - Prob. 54ECh. 5.3 - Prob. 55ECh. 5.3 - Subtract the following polynomials:...Ch. 5.3 - Subtract the following polynomials:...Ch. 5.3 - Prob. 58ECh. 5.4 - Find each product: (3a)(5)Ch. 5.4 - Prob. 2ECh. 5.4 - Prob. 3ECh. 5.4 - Prob. 4ECh. 5.4 - Find each product: (9m2)(6m2)Ch. 5.4 - Prob. 6ECh. 5.4 - Find each product: (8a6)(4a2)Ch. 5.4 - Prob. 8ECh. 5.4 - Prob. 9ECh. 5.4 - Prob. 10ECh. 5.4 - Find each product: (6n)(5n2m)Ch. 5.4 - Find each product: (9ab2)(6a2b3)Ch. 5.4 - Prob. 13ECh. 5.4 - Prob. 14ECh. 5.4 - Prob. 15ECh. 5.4 - Prob. 16ECh. 5.4 - Find each product: (8a2bc)(3ab3c2)Ch. 5.4 - Find each product: (4xy2z3)(4x5z3)Ch. 5.4 - Find each product: (23x2y)(932xy4z3)Ch. 5.4 - Prob. 20ECh. 5.4 - Prob. 21ECh. 5.4 - Prob. 22ECh. 5.4 - Prob. 23ECh. 5.4 - Prob. 24ECh. 5.4 - Prob. 25ECh. 5.4 - Use the rules for exponents to simplify: (xy)4Ch. 5.4 - Prob. 27ECh. 5.4 - Prob. 28ECh. 5.4 - Use the rules for exponents to simplify: (3x4)2Ch. 5.4 - Use the rules for exponents to simplify: (5x2)3Ch. 5.4 - Prob. 31ECh. 5.4 - Prob. 32ECh. 5.4 - Use the rules for exponents to simplify: (x2x3)2Ch. 5.4 - Prob. 34ECh. 5.4 - Prob. 35ECh. 5.4 - Prob. 36ECh. 5.4 - Use the rules for exponents to simplify: (5x3y2)2Ch. 5.4 - Prob. 38ECh. 5.4 - Prob. 39ECh. 5.4 - Prob. 40ECh. 5.4 - Prob. 41ECh. 5.4 - Prob. 42ECh. 5.4 - Prob. 43ECh. 5.4 - Use the rules for exponents to simplify: (16x4x5)3Ch. 5.4 - Use the rules for exponents to simplify: (2x3y4z)3Ch. 5.4 - Prob. 46ECh. 5.4 - Prob. 47ECh. 5.4 - Prob. 48ECh. 5.4 - Prob. 49ECh. 5.4 - Prob. 50ECh. 5.4 - Prob. 51ECh. 5.4 - Prob. 52ECh. 5.4 - Prob. 53ECh. 5.4 - Prob. 54ECh. 5.4 - Prob. 55ECh. 5.4 - Prob. 56ECh. 5.4 - Prob. 57ECh. 5.4 - Prob. 58ECh. 5.4 - Prob. 59ECh. 5.4 - Prob. 60ECh. 5.4 - Prob. 61ECh. 5.4 - Prob. 62ECh. 5.4 - Prob. 63ECh. 5.4 - Prob. 64ECh. 5.4 - Prob. 65ECh. 5.4 - Prob. 66ECh. 5.4 - Prob. 67ECh. 5.4 - Evaluate each expression when a=2andb=3: b4Ch. 5.5 - Find each product. 4(a+6)Ch. 5.5 - Prob. 2ECh. 5.5 - Prob. 3ECh. 5.5 - Prob. 4ECh. 5.5 - Prob. 5ECh. 5.5 - Prob. 6ECh. 5.5 - Prob. 7ECh. 5.5 - Prob. 8ECh. 5.5 - Prob. 9ECh. 5.5 - Prob. 10ECh. 5.5 - Find each product. 3x(4x27x2)Ch. 5.5 - Prob. 12ECh. 5.5 - Prob. 13ECh. 5.5 - Prob. 14ECh. 5.5 - Prob. 15ECh. 5.5 - Prob. 16ECh. 5.5 - Find each product. 6x3(16x2+9x4)Ch. 5.5 - Find each product. 5x4(2x3+8x21)Ch. 5.5 - Prob. 19ECh. 5.5 - Prob. 20ECh. 5.5 - Prob. 21ECh. 5.5 - Prob. 22ECh. 5.5 - Prob. 23ECh. 5.5 - Prob. 24ECh. 5.5 - Prob. 25ECh. 5.5 - Prob. 26ECh. 5.5 - Prob. 27ECh. 5.5 - Prob. 28ECh. 5.5 - Prob. 29ECh. 5.5 - Prob. 30ECh. 5.5 - Prob. 31ECh. 5.5 - Prob. 32ECh. 5.5 - Prob. 33ECh. 5.5 - Prob. 34ECh. 5.5 - Prob. 35ECh. 5.5 - Prob. 36ECh. 5.5 - Find each product. (x+1)(x+6)Ch. 5.5 - Prob. 38ECh. 5.5 - Prob. 39ECh. 5.5 - Prob. 40ECh. 5.5 - Prob. 41ECh. 5.5 - Prob. 42ECh. 5.5 - Prob. 43ECh. 5.5 - Prob. 44ECh. 5.5 - Find each product. (6a+4)(2a3)Ch. 5.5 - Prob. 46ECh. 5.5 - Prob. 47ECh. 5.5 - Prob. 48ECh. 5.5 - Prob. 49ECh. 5.5 - Prob. 50ECh. 5.5 - Prob. 51ECh. 5.5 - Prob. 52ECh. 5.5 - Prob. 53ECh. 5.5 - Prob. 54ECh. 5.5 - Prob. 55ECh. 5.5 - Prob. 56ECh. 5.5 - Prob. 57ECh. 5.5 - Prob. 58ECh. 5.5 - Prob. 59ECh. 5.5 - Prob. 60ECh. 5.5 - Prob. 61ECh. 5.5 - Prob. 62ECh. 5.5 - Find each product. (g+h6)(gh+3)Ch. 5.5 - Find each product. (2x3y+4)(4x5y2)Ch. 5.5 - Find each product. (8xx3+2x41)(x2+2+5x3)Ch. 5.5 - Prob. 66ECh. 5.6 - Divide: 9x53x3Ch. 5.6 - Prob. 2ECh. 5.6 - Divide: 18x1212x4Ch. 5.6 - Prob. 4ECh. 5.6 - Prob. 5ECh. 5.6 - Prob. 6ECh. 5.6 - Divide: 8x212xCh. 5.6 - Prob. 8ECh. 5.6 - Prob. 9ECh. 5.6 - Prob. 10ECh. 5.6 - Prob. 11ECh. 5.6 - Prob. 12ECh. 5.6 - Prob. 13ECh. 5.6 - Prob. 14ECh. 5.6 - Prob. 15ECh. 5.6 - Prob. 16ECh. 5.6 - Divide: 0(113w2r3)Ch. 5.6 - Prob. 18ECh. 5.6 - Prob. 19ECh. 5.6 - Divide: (42x2y3)(14x2y4)Ch. 5.6 - Prob. 21ECh. 5.6 - Prob. 22ECh. 5.6 - Prob. 23ECh. 5.6 - Prob. 24ECh. 5.6 - Divide: 92x3y28xy3Ch. 5.6 - Prob. 26ECh. 5.6 - Prob. 27ECh. 5.6 - Prob. 28ECh. 5.6 - Prob. 29ECh. 5.6 - Prob. 30ECh. 5.6 - Prob. 31ECh. 5.6 - Prob. 32ECh. 5.6 - Prob. 33ECh. 5.6 - Prob. 34ECh. 5.6 - Prob. 35ECh. 5.6 - Prob. 36ECh. 5.6 - Divide: 24a416a28a8Ch. 5.6 - Prob. 38ECh. 5.6 - Prob. 39ECh. 5.6 - Prob. 40ECh. 5.6 - Divide: bx4bx3+bx24bxbxCh. 5.6 - Prob. 42ECh. 5.6 - Prob. 43ECh. 5.6 - Prob. 44ECh. 5.6 - Divide: 224x4y2z3168x3y2z4112xy4z228xy2z2Ch. 5.6 - Prob. 46ECh. 5.6 - Prob. 47ECh. 5.6 - Divide: 3a2b+4a2b26ab22ab2Ch. 5.6 - Prob. 49ECh. 5.6 - Divide: 18w4r4+27w3r336w2r29w3r3Ch. 5.7 - Find each quotient and check: (x2+3x+2)(x+1)Ch. 5.7 - Prob. 2ECh. 5.7 - Prob. 3ECh. 5.7 - Prob. 4ECh. 5.7 - Prob. 5ECh. 5.7 - Prob. 6ECh. 5.7 - Find each quotient and check: 2y2+3y52y1Ch. 5.7 - Prob. 8ECh. 5.7 - Prob. 9ECh. 5.7 - Prob. 10ECh. 5.7 - Prob. 11ECh. 5.7 - Find each quotient and check: (8x318x2+7x+3)(x1)Ch. 5.7 - Find each quotient and check:...Ch. 5.7 - Prob. 14ECh. 5.7 - Find each quotient and check: 2x314x12x+1Ch. 5.7 - Prob. 16ECh. 5.7 - Prob. 17ECh. 5.7 - Prob. 18ECh. 5.7 - Prob. 19ECh. 5.7 - Find each quotient and check: 2x3+3x29x+5x+3Ch. 5.7 - Prob. 21ECh. 5.7 - Prob. 22ECh. 5.7 - Prob. 23ECh. 5.7 - Prob. 24ECh. 5.7 - Find each quotient and check: 8x312x+1Ch. 5.7 - Prob. 26ECh. 5.7 - Prob. 27ECh. 5.7 - Prob. 28ECh. 5.7 - Prob. 29ECh. 5.7 - Find each quotient and check:...Ch. 5 - Prob. 1RCh. 5 - Prob. 2RCh. 5 - For any number a expect 0, a,a1a=?Ch. 5 - Evaluate: 104(3)Ch. 5 - Evaluate: 2+342Ch. 5 - Evaluate: (4)(12)623+1832Ch. 5 - In Exercises 7-12, let x=3andy=2 . Evaluate each...Ch. 5 - In Exercises 7-12, let x=3andy=2 . Evaluate each...Ch. 5 - In Exercises 7-12, let x=3andy=2 . Evaluate each...Ch. 5 - In Exercises 7-12, let x=3andy=2 . Evaluate each...Ch. 5 - In Exercises 7-12, let x=3andy=2 . Evaluate each...Ch. 5 - In Exercises 7-12, let x=3andy=2 . Evaluate each...Ch. 5 - In Exercises 13-16, simplify by removing the...Ch. 5 - In Exercises 13-16, simplify by removing the...Ch. 5 - In Exercises 13-16, simplify by removing the...Ch. 5 - In Exercises 13-16, simplify by removing the...Ch. 5 - Prob. 17RCh. 5 - Prob. 18RCh. 5 - Perform the indicated operation:...Ch. 5 - Perform the indicated operation:...Ch. 5 - Perform the indicated operation:...Ch. 5 - Perform the indicated operation: (6x2)(4x3)Ch. 5 - Perform the indicated operation: (7x2y)(8x3y2)Ch. 5 - Prob. 24RCh. 5 - Perform the indicated operation: 5a(3a+4b)Ch. 5 - Prob. 26RCh. 5 - Perform the indicated operation: (5x+3)(3x4)Ch. 5 - Prob. 28RCh. 5 - Perform the indicated operation: (49x2)(7x3)Ch. 5 - Prob. 30RCh. 5 - Perform the indicated operation: 36a327a2+9a9aCh. 5 - Perform the indicated operation: 6x2+x122x+3Ch. 5 - Perform the indicated operation: 3x3+2x26x+4x+2Ch. 5 - Evaluate: 35242Ch. 5 - Evaluate: 12232+331622Ch. 5 - Prob. 3TCh. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify: Add:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...Ch. 5 - Perform the indicated operation and simplify:...
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