Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
12th Edition
ISBN: 9780134767628
Author: Margaret L. Lial, Thomas W. Hungerford, John P. Holcomb, Bernadette Mullins
Publisher: PEARSON
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Question
Chapter 6.6, Problem 34E
(a)
To determine
To calculate: The produced amount for each commodity.
(b)
To determine
To calculate: The interpret economic value.
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Morningstar tracks the total return for a large number of mutual funds. The following table shows the total return and the number of funds for four categories of mutual funds.
Click on the datafile logo to reference the data.
DATA file
Type of Fund
Domestic Equity
Number of Funds
Total Return (%)
9191
4.65
International Equity
2621
18.15
Hybrid
1419
2900
11.36
6.75
Specialty Stock
a. Using the number of funds as weights, compute the weighted average total return for these mutual funds. (to 2 decimals)
%
b. Is there any difficulty associated with using the "number of funds" as the weights in computing the weighted average total return in part (a)? Discuss. What else might be used for weights?
The input in the box below will not be graded, but may be reviewed and considered by your instructor.
c. Suppose you invested $10,000 in this group of mutual funds and diversified the investment by placing $2000 in Domestic Equity funds, $4000 in International Equity funds, $3000 in Specialty Stock…
The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided.
Days to
Maturity
20
Dollar Value
($ millions)
20
12
30
7
10
5
6
15
10
Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds (to 1 decimal).
days
Chapter 6 Solutions
Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
Ch. 6.1 - Checkpoint1 Use the substitution method tosolve...Ch. 6.1 - Checkpoint 2
Use the elimination method to solve...Ch. 6.1 - Checkpoint 3
Solve the system of equations .
Draw...Ch. 6.1 - Checkpoint 4
Solve the following system:
Ch. 6.1 - Checkpoint 5
Solve the system
Draw the graph of...Ch. 6.1 - Prob. 6CPCh. 6.1 - Prob. 1ECh. 6.1 - Prob. 2ECh. 6.1 - Use substitution to solve each system. (See...Ch. 6.1 - Use substitution to solve each system. (See...
Ch. 6.1 - Use substitution to solve each system. (See...Ch. 6.1 - Use substitution to solve each system. (See...Ch. 6.1 - Use elimination to solve each system. (See...Ch. 6.1 - Use elimination to solve each system. (See...Ch. 6.1 - Use elimination to solve each system. (See...Ch. 6.1 - Use elimination to solve each system. (See...Ch. 6.1 - Use elimination to solve each system. (See...Ch. 6.1 - Prob. 12ECh. 6.1 - Prob. 13ECh. 6.1 - Use elimination to solve each system. (See...Ch. 6.1 - Use elimination to solve each system. (See...Ch. 6.1 - Prob. 16ECh. 6.1 - In Exercises 17 and 18, multiply both sides of...Ch. 6.1 - In Exercises 17 and 18, multiply both sides of...Ch. 6.1 - Millennials The number of baby boomers has been...Ch. 6.1 - Prob. 20ECh. 6.1 - Slow Midwestern Growth According to US. Census...Ch. 6.1 - Booming Florida At the start of the millennium,...Ch. 6.1 - Google Trends According to Google Trends, popular...Ch. 6.1 -
24. Heart Disease and Cancer Deaths The number of...Ch. 6.1 - Workforce Participation for Women and Men On the...Ch. 6.1 - Prob. 26ECh. 6.1 - Theater Tickets A 200-seat theater charges $8 for...Ch. 6.1 - Prob. 28ECh. 6.1 - Prob. 29ECh. 6.1 - Prob. 30ECh. 6.1 - Prob. 31ECh. 6.1 - Prob. 32ECh. 6.2 - Checkpoint 1
Use the elimination method to solve...Ch. 6.2 - Prob. 2CPCh. 6.2 - Checkpoint 3 Perform the given row operations on...Ch. 6.2 - Prob. 4CPCh. 6.2 - Prob. 5CPCh. 6.2 - Prob. 6CPCh. 6.2 - Prob. 7CPCh. 6.2 - Checkpoint 8
Solve each system.
(a)
(b)
Ch. 6.2 - Prob. 9CPCh. 6.2 - Prob. 1ECh. 6.2 - Prob. 2ECh. 6.2 - Prob. 3ECh. 6.2 - Prob. 4ECh. 6.2 - Prob. 5ECh. 6.2 - Prob. 6ECh. 6.2 - Obtain an equivalent system by performing the...Ch. 6.2 - Obtain an equivalent system by performing the...Ch. 6.2 - Obtain an equivalent system by performing the...Ch. 6.2 - Prob. 10ECh. 6.2 - Prob. 11ECh. 6.2 - Obtain an equivalent system by performing the...Ch. 6.2 - Prob. 13ECh. 6.2 - Write the augmented matrix of each of the given...Ch. 6.2 - Prob. 15ECh. 6.2 - Prob. 16ECh. 6.2 - Prob. 17ECh. 6.2 - Prob. 18ECh. 6.2 - Prob. 22ECh. 6.2 - Prob. 21ECh. 6.2 - Use the indicated row operation to transform each...Ch. 6.2 - Prob. 20ECh. 6.2 - In Exercises 21-24, the reduced row echelon form...Ch. 6.2 - In Exercises 21-24, the reduced row echelon form...Ch. 6.2 - In Exercises 21-24, the reduced row echelon form...Ch. 6.2 - In Exercises 21-24, the reduced row echelon form...Ch. 6.2 - Prob. 25ECh. 6.2 - Prob. 28ECh. 6.2 - In Exercises 25-30, perform row operations on the...Ch. 6.2 - In Exercises 25-30, perform row operations on the...Ch. 6.2 - In Exercises 25-30, perform row operations on the...Ch. 6.2 - Prob. 32ECh. 6.2 - Prob. 33ECh. 6.2 - Prob. 34ECh. 6.2 - Write the augmented matrix of the system and use...Ch. 6.2 - Write the augmented matrix of the system and use...Ch. 6.2 - Write the augmented matrix of the system and use...Ch. 6.2 - Write the augmented matrix of the system and use...Ch. 6.2 - Write the augmented matrix of the system and use...Ch. 6.2 - Prob. 40ECh. 6.2 - Prob. 41ECh. 6.2 - Write the augmented matrix of the system and use...Ch. 6.2 - Use the Gauss-Jordan method to solve each of the...Ch. 6.2 - Prob. 44ECh. 6.2 - Prob. 45ECh. 6.2 - Prob. 46ECh. 6.2 - Prob. 47ECh. 6.2 - Prob. 48ECh. 6.2 - Prob. 49ECh. 6.2 - Prob. 55ECh. 6.2 - Prob. 50ECh. 6.2 - Prob. 51ECh. 6.2 - Prob. 52ECh. 6.2 - Prob. 53ECh. 6.2 - Prob. 54ECh. 6.2 - Prob. 56ECh. 6.2 - Prob. 57ECh. 6.2 - Prob. 58ECh. 6.2 - Prob. 59ECh. 6.2 - Prob. 60ECh. 6.2 - Prob. 61ECh. 6.2 - Prob. 62ECh. 6.2 - Solve the system by any method.
62.
Ch. 6.2 - Prob. 63ECh. 6.2 - Prob. 65ECh. 6.2 - Prob. 66ECh. 6.2 - Prob. 67ECh. 6.2 - Prob. 68ECh. 6.2 - Prob. 69ECh. 6.2 - Prob. 70ECh. 6.2 - Prob. 71ECh. 6.2 - 72. Explain why a system with more variables than...Ch. 6.3 - Checkpoint 1 In Example 1, suppose that the...Ch. 6.3 - Checkpoint 2 Write the augmented matrix of the...Ch. 6.3 - Prob. 3CPCh. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Prob. 3ECh. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Prob. 7ECh. 6.3 - Prob. 8ECh. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Prob. 10ECh. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Prob. 12ECh. 6.3 - Prob. 13ECh. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Prob. 16ECh. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - Use systems of equations to work these applied...Ch. 6.3 - A graphing calculator or other technology is...Ch. 6.3 - A graphing calculator or other technology is...Ch. 6.3 - 25. Social Science The table shows Census Bureau...Ch. 6.3 - 26. Social Science The table shows Census Bureau...Ch. 6.3 - 27. Business At a pottery factory, fuel...Ch. 6.3 - Prob. 28ECh. 6.4 - Checkpoint 1
Rewrite matrix M in Example 1 in a...Ch. 6.4 - Prob. 2CPCh. 6.4 - Prob. 3CPCh. 6.4 - Prob. 4CPCh. 6.4 - Prob. 5CPCh. 6.4 - Prob. 6CPCh. 6.4 - Prob. 7CPCh. 6.4 - Prob. 8CPCh. 6.4 - Prob. 9CPCh. 6.4 - Prob. 1ECh. 6.4 - Prob. 2ECh. 6.4 - Prob. 3ECh. 6.4 - Prob. 4ECh. 6.4 - Prob. 5ECh. 6.4 - Prob. 6ECh. 6.4 - Prob. 7ECh. 6.4 - Find the size of each of the given matrices....Ch. 6.4 - Prob. 9ECh. 6.4 - Prob. 10ECh. 6.4 - Prob. 11ECh. 6.4 - Perform the indicated operations where possible....Ch. 6.4 - Prob. 14ECh. 6.4 - Perform the indicated operations where possible....Ch. 6.4 - Prob. 15ECh. 6.4 - Prob. 16ECh. 6.4 - Prob. 17ECh. 6.4 - Let and . Find each of the following. (See...Ch. 6.4 - Prob. 19ECh. 6.4 - Let and . Find each of the following. (See...Ch. 6.4 - Prob. 21ECh. 6.4 - Let and . Find each of the following. (See...Ch. 6.4 - Prob. 23ECh. 6.4 - Prob. 24ECh. 6.4 - Prob. 25ECh. 6.4 - Prob. 26ECh. 6.4 - Prob. 27ECh. 6.4 - Using matrices
verify that the statements in...Ch. 6.4 - Prob. 29ECh. 6.4 - Prob. 30ECh. 6.4 - Work the following exercises. (See Example...Ch. 6.4 - Prob. 32ECh. 6.4 - Prob. 33ECh. 6.4 - Prob. 34ECh. 6.4 - Prob. 35ECh. 6.4 - Prob. 36ECh. 6.5 - Prob. 1CPCh. 6.5 - Prob. 2CPCh. 6.5 - Prob. 3CPCh. 6.5 - Prob. 4CPCh. 6.5 - Prob. 5CPCh. 6.5 - Prob. 6CPCh. 6.5 - Prob. 7CPCh. 6.5 - Prob. 8CPCh. 6.5 - Prob. 9CPCh. 6.5 - Prob. 1ECh. 6.5 - Prob. 2ECh. 6.5 - In Exercises 1-6, the sizes of two matrices A and...Ch. 6.5 - In Exercises 1-6, the sizes of two matrices A and...Ch. 6.5 - Prob. 5ECh. 6.5 - Prob. 6ECh. 6.5 - Prob. 7ECh. 6.5 - Prob. 8ECh. 6.5 - Prob. 9ECh. 6.5 - Prob. 10ECh. 6.5 - Find each of the following matrix products, if...Ch. 6.5 - Prob. 12ECh. 6.5 - Prob. 13ECh. 6.5 - Find each of the following matrix products, if...Ch. 6.5 - Prob. 15ECh. 6.5 - Prob. 16ECh. 6.5 - Prob. 17ECh. 6.5 - Find each of the following matrix products, if...Ch. 6.5 - Prob. 19ECh. 6.5 - Prob. 20ECh. 6.5 - Prob. 21ECh. 6.5 - Prob. 22ECh. 6.5 - Prob. 23ECh. 6.5 - Given matrices
verify that the statements in...Ch. 6.5 - Prob. 25ECh. 6.5 - Prob. 26ECh. 6.5 - Prob. 27ECh. 6.5 - Prob. 28ECh. 6.5 - Prob. 29ECh. 6.5 - Prob. 30ECh. 6.5 - Prob. 31ECh. 6.5 - Determine whether the given matrices are inverses...Ch. 6.5 - Prob. 37ECh. 6.5 - Prob. 34ECh. 6.5 - Prob. 35ECh. 6.5 - Find the inverse, if it exists, for each of the...Ch. 6.5 - Prob. 33ECh. 6.5 - Find the inverse, if it exists, for each of the...Ch. 6.5 - Prob. 39ECh. 6.5 - Prob. 40ECh. 6.5 - Find the inverse, if it exists, for each of the...Ch. 6.5 - Find the inverse, if it exists, for each of the...Ch. 6.5 - Prob. 43ECh. 6.5 - Prob. 44ECh. 6.5 - Prob. 45ECh. 6.5 - Prob. 46ECh. 6.5 - Prob. 47ECh. 6.5 - Prob. 48ECh. 6.5 - Prob. 49ECh. 6.5 - Work these exercises. (See Example 4.)
50. Bulk...Ch. 6.5 - Prob. 56ECh. 6.5 - A graphing calculator or other technology is...Ch. 6.5 - Prob. 55ECh. 6.5 - Prob. 52ECh. 6.5 - Prob. 53ECh. 6.5 - Prob. 54ECh. 6.6 - Prob. 1CPCh. 6.6 - Prob. 2CPCh. 6.6 - Prob. 3CPCh. 6.6 - Prob. 4CPCh. 6.6 - Prob. 5CPCh. 6.6 - Prob. 6CPCh. 6.6 - Prob. 7CPCh. 6.6 - Checkpoint 8
Use the following matrix to find the ...Ch. 6.6 - Prob. 9CPCh. 6.6 - Prob. 1ECh. 6.6 - Prob. 2ECh. 6.6 - Prob. 3ECh. 6.6 - Prob. 4ECh. 6.6 - Prob. 5ECh. 6.6 - Prob. 6ECh. 6.6 - Prob. 7ECh. 6.6 - Use the inverse of the coefficient matrix to solve...Ch. 6.6 - Prob. 9ECh. 6.6 - Prob. 10ECh. 6.6 - Prob. 11ECh. 6.6 - Use the inverse of the coefficient matrix to solve...Ch. 6.6 - Prob. 13ECh. 6.6 - Prob. 14ECh. 6.6 - Prob. 15ECh. 6.6 - Prob. 16ECh. 6.6 - Write a system of equations, and use the inverse...Ch. 6.6 - Prob. 18ECh. 6.6 - Prob. 20ECh. 6.6 - Prob. 19ECh. 6.6 - Write a system of equations, and use the inverse...Ch. 6.6 - 22. Health A 100-bed nursing home provides two...Ch. 6.6 - Find the production matrix for the given...Ch. 6.6 - Prob. 24ECh. 6.6 - Prob. 25ECh. 6.6 - Exercises 25 and 26 refer to Example 6.
Example 6...Ch. 6.6 - Work these problems. (See Examples 3-6.)
28....Ch. 6.6 - Prob. 27ECh. 6.6 - Prob. 29ECh. 6.6 - Work these problems. (See Examples...Ch. 6.6 - Prob. 31ECh. 6.6 - Prob. 32ECh. 6.6 - Prob. 33ECh. 6.6 - Prob. 34ECh. 6.6 - Prob. 35ECh. 6.6 - Prob. 36ECh. 6.6 - Work these coding exercises. (See Example 7 and...Ch. 6.6 - Prob. 38ECh. 6.6 - Prob. 39ECh. 6.6 - Prob. 40ECh. 6.6 - Prob. 41ECh. 6.6 - Prob. 42ECh. 6.6 - Prob. 43ECh. 6.6 - 44. Business The figure shows four southern cities...Ch. 6 - Prob. 1RECh. 6 - Solve each of the following systems.
2.
Ch. 6 - Solve each of the following systems.
3.
Ch. 6 - Solve each of the following systems.
4.
Ch. 6 - 5. Business Abigail Henderson plans to buy shares...Ch. 6 - Prob. 6RECh. 6 - Prob. 7RECh. 6 - Prob. 8RECh. 6 - Prob. 9RECh. 6 - Prob. 10RECh. 6 - Prob. 11RECh. 6 - Prob. 12RECh. 6 - Prob. 13RECh. 6 - Prob. 14RECh. 6 - Prob. 15RECh. 6 - Prob. 16RECh. 6 - Prob. 17RECh. 6 - Prob. 18RECh. 6 - Prob. 19RECh. 6 - Prob. 20RECh. 6 - Prob. 21RECh. 6 - Prob. 22RECh. 6 - Prob. 23RECh. 6 - Prob. 24RECh. 6 - Prob. 25RECh. 6 - Prob. 26RECh. 6 - Prob. 27RECh. 6 - Prob. 28RECh. 6 - Prob. 29RECh. 6 - Prob. 30RECh. 6 - Prob. 31RECh. 6 - Prob. 32RECh. 6 - Prob. 33RECh. 6 - Prob. 34RECh. 6 - Prob. 35RECh. 6 - Prob. 36RECh. 6 - Prob. 37RECh. 6 - Prob. 38RECh. 6 - Prob. 39RECh. 6 - Prob. 40RECh. 6 - Prob. 41RECh. 6 - Prob. 42RECh. 6 - Prob. 43RECh. 6 - Prob. 44RECh. 6 - Prob. 45RECh. 6 - Prob. 46RECh. 6 - Prob. 47RECh. 6 - Prob. 48RECh. 6 - Prob. 49RECh. 6 - Prob. 50RECh. 6 - Prob. 51RECh. 6 - Prob. 52RECh. 6 - Prob. 53RECh. 6 - Prob. 54RECh. 6 - Prob. 55RECh. 6 - Prob. 56RECh. 6 - Prob. 57RECh. 6 - Prob. 58RECh. 6 - Prob. 59RECh. 6 - Prob. 60RECh. 6 - Prob. 61RECh. 6 - Prob. 62RECh. 6 - Prob. 63RECh. 6 - Prob. 64RECh. 6 - Prob. 65RECh. 6 - Prob. 66RECh. 6 - Prob. 67RECh. 6 - Prob. 68RECh. 6 - Prob. 69RECh. 6 - Prob. 70RECh. 6 - Prob. 71RECh. 6 - Prob. 72RECh. 6 - Prob. 73RECh. 6 - Prob. 74RECh. 6 - Prob. 75RECh. 6 - Prob. 76RECh. 6 - Prob. 77RECh. 6 - Prob. 78RECh. 6 - Prob. 79RECh. 6 - Prob. 80RECh. 6 - Prob. 81RECh. 6 - Prob. 82RECh. 6 - Prob. 83RECh. 6 - Prob. 84RECh. 6 - Prob. 85RECh. 6 - Solve each of the following problems by any...Ch. 6 - Prob. 87RECh. 6 - Prob. 88RECh. 6 - Prob. 89RECh. 6 - Use technology to do Exercises 89-91.
90. Business...Ch. 6 - Prob. 91RECh. 6 - Prob. 92RECh. 6 - Prob. 93RECh. 6 - Prob. 94RECh. 6 - Prob. 95RECh. 6 - Prob. 96RECh. 6 - Prob. 1CECh. 6 - 2. It was shown previously that there are four...Ch. 6 - 3. Which trips in the Stampede Air network take...Ch. 6 - Prob. 4CECh. 6 - Prob. 5CECh. 6 - Prob. 6CE
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