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Problems 25-32 are mixed. Some can be solved by the methods presented in Sections 6.2 and 6.3 while others must be solved by the big
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Chapter 6 Solutions
Finite Mathematics for Business, Economics, Life Sciences and Social Sciences
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- Evaluate the integral using any appropriate algebraic method or trigonometric identity. S- dy 18 √2 (1+y2/3) yarrow_forwardiid B1 Suppose X1, ..., Xn fx(x), where 2 fx(x) = x exp(−x²/0), 0<< (0 otherwise). (a) Find the maximum likelihood estimator of 0. (b) Show that the MLE is an unbiased estimator of 0. (c) Find the MSE of the MLE. Hint: For parts (b) and (c), you may use integration by parts.arrow_forward4. Suppose the demand for a certain item is given by D(p)=-2 p² - 4p+350, where p represents the price of the item in dollars. a) Find the rate of change of demand with respect to price. b) Find and interpret the rate of change of demand when the price is $11.arrow_forward
- √3-x, x≤3, 2. For f(x) = 1 find each of the following. x > 3, x-3' 1. f(-6) 2. f(3) 3. f(7) 3. Find the domain of each of the following functions.arrow_forward1. Using the definition of the derivative, find f'(x). Then find f'(2), f'(0) and f'(3) when the derivative exists. a) f(x)=5x²-6x-1arrow_forward2. f(x)=√7-x 4. A manufacturer has a monthly fixed cost of $40,000 and a production cost of $8 for each unit produced. The product sells for $12 per unit. 1. What is the cost function? 2. What is the revenue function? 3. Compute the profit corresponding to 12,000 units. 5. A rectangular box is to have a square base and a volume of 20 ft3. The material for the base costs $0.30 per ft2, the material for the sides cost $0.10 per ft2, and the material for the top costs $0.20 per ft2. Letting x denote the length of one side of the base,arrow_forward
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