The difference of Matrices D from Matrix M that is M − D where, M gives MSRP(manufacturer’s suggested retail price) for the car and D gives the dealer invoice prices for sedan and hatchback models of cars. When, Sedan Hatchback D = [ $ 29 , 000 $ 27 , 500 $ 28 , 500 $ 26 , 900 ] Manual Automatic And, Sedan Hatchback M = [ $ 32 , 600 $ 29 , 900 $ 31 , 900 $ 28 , 900 ] Manual Automatic .

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Answer 1

Question

Chapter 6.3, Problem 69PE

(a)

To determine

To calculate: The difference of Matrices D from Matrix M that is M−D where, M gives MSRP(manufacturer’s suggested retail price) for the car and D gives the dealer invoice prices for sedan and hatchback models of cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

(b)

To determine

To calculate: Matrix F that gives the fair price for these cars for each type of transmission using matrix multiplication when estimated fair price is 6% above dealer invoice, M gives MSRP(manufacturer’s suggested retail price) for sedan and hatchback models of the car and D gives the dealer invoice prices for the for sedan and hatchback models of the cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

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Answer 2

Question

Chapter 6.3, Problem 69PE

(a)

To determine

To calculate: The difference of Matrices D from Matrix M that is M−D where, M gives MSRP(manufacturer’s suggested retail price) for the car and D gives the dealer invoice prices for sedan and hatchback models of cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

(b)

To determine

To calculate: Matrix F that gives the fair price for these cars for each type of transmission using matrix multiplication when estimated fair price is 6% above dealer invoice, M gives MSRP(manufacturer’s suggested retail price) for sedan and hatchback models of the car and D gives the dealer invoice prices for the for sedan and hatchback models of the cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 6.3, Problem 69PE

(a)

To determine

To calculate: The difference of Matrices D from Matrix M that is M−D where, M gives MSRP(manufacturer’s suggested retail price) for the car and D gives the dealer invoice prices for sedan and hatchback models of cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

(b)

To determine

To calculate: Matrix F that gives the fair price for these cars for each type of transmission using matrix multiplication when estimated fair price is 6% above dealer invoice, M gives MSRP(manufacturer’s suggested retail price) for sedan and hatchback models of the car and D gives the dealer invoice prices for the for sedan and hatchback models of the cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 6.3, Problem 69PE

(a)

To determine

To calculate: The difference of Matrices D from Matrix M that is M−D where, M gives MSRP(manufacturer’s suggested retail price) for the car and D gives the dealer invoice prices for sedan and hatchback models of cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

(b)

To determine

To calculate: Matrix F that gives the fair price for these cars for each type of transmission using matrix multiplication when estimated fair price is 6% above dealer invoice, M gives MSRP(manufacturer’s suggested retail price) for sedan and hatchback models of the car and D gives the dealer invoice prices for the for sedan and hatchback models of the cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 6.3, Problem 69PE

(a)

To determine

To calculate: The difference of Matrices D from Matrix M that is M−D where, M gives MSRP(manufacturer’s suggested retail price) for the car and D gives the dealer invoice prices for sedan and hatchback models of cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

(b)

To determine

To calculate: Matrix F that gives the fair price for these cars for each type of transmission using matrix multiplication when estimated fair price is 6% above dealer invoice, M gives MSRP(manufacturer’s suggested retail price) for sedan and hatchback models of the car and D gives the dealer invoice prices for the for sedan and hatchback models of the cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

Answer 6

Chapter 6.3, Problem 69PE

(a)

To determine

To calculate: The difference of Matrices D from Matrix M that is M−D where, M gives MSRP(manufacturer’s suggested retail price) for the car and D gives the dealer invoice prices for sedan and hatchback models of cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

Answer 7

Chapter 6.3, Problem 69PE

(a)

To determine

To calculate: The difference of Matrices D from Matrix M that is M−D where, M gives MSRP(manufacturer’s suggested retail price) for the car and D gives the dealer invoice prices for sedan and hatchback models of cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

Answer 8

(b)

To determine

To calculate: Matrix F that gives the fair price for these cars for each type of transmission using matrix multiplication when estimated fair price is 6% above dealer invoice, M gives MSRP(manufacturer’s suggested retail price) for sedan and hatchback models of the car and D gives the dealer invoice prices for the for sedan and hatchback models of the cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

Answer 9

(b)

To determine

To calculate: Matrix F that gives the fair price for these cars for each type of transmission using matrix multiplication when estimated fair price is 6% above dealer invoice, M gives MSRP(manufacturer’s suggested retail price) for sedan and hatchback models of the car and D gives the dealer invoice prices for the for sedan and hatchback models of the cars.

When, SedanHatchbackD=[$29,000$27,500$28,500$26,900]ManualAutomatic

And,

SedanHatchbackM=[$32,600$29,900$31,900$28,900]ManualAutomatic.

Answer 10

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Answer 11

Expert Solution & Answer

Answer 12

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Answer 13

Ch. 6.1 - Skill Practice 1. a. Write the augmented...Ch. 6.1 - Skill Practice Use the matrix from Example 2 to...Ch. 6.1 - Skill Practice 3. Solve the system by using...Ch. 6.1 - Skill Practice Solve the system by using...Ch. 6.1 - Prob. 5SP Ch. 6.1 - 1. A rectangle array of elements is called a...Ch. 6.1 - Prob. 2PE Ch. 6.1 - Explain the meaning of the notation R2R3.Ch. 6.1 - Explain the meaning of the notation R2R3.Ch. 6.1 - Explain the meaning of the notation 3R1R1.

Solution Summary: The author calculates the difference of Matrices D from Matrix M that is M-D.

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