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A Problem Solving Approach to Mathematics for Elementary School Teachers, Books a la Carte Edition plus NEW MyLab Math with Pearson eText - Access Card Package (12th Edition)
12th Edition
ISBN: 9780133865479
Author: Rick Billstein, Shlomo Libeskind, Johnny Lott
Publisher: PEARSON
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Textbook Question
Chapter 7.3A, Problem 16A
Find the decimal halfway between the decimals
Expert Solution & Answer
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Please solving problem2
Problem1
We consider a two-period binomial model with the following properties: each period lastsone (1) year and the current stock price is S0 = 4. On each period, the stock price doubleswhen it moves up and is reduced by half when it moves down. The annual interest rateon the money market is 25%. (This model is the same as in Prob. 1 of HW#2).We consider four options on this market: A European call option with maturity T = 2 years and strike price K = 5; A European put option with maturity T = 2 years and strike price K = 5; An American call option with maturity T = 2 years and strike price K = 5; An American put option with maturity T = 2 years and strike price K = 5.(a) Find the price at time 0 of both European options.(b) Find the price at time 0 of both American options. Compare your results with (a)and comment.(c) For each of the American options, describe the optimal exercising strategy.
Please ensure that all parts of the question are answered thoroughly and clearly. Include a diagram to help explain answers. Make sure the explanation is easy to follow. Would appreciate work done written on paper. Thank you.
This question builds on an earlier problem. The randomized numbers may have changed, but have your work for the previous problem available to help with this one.
A 4-centimeter rod is attached at one end to a point A rotating counterclockwise on a wheel of radius 2 cm. The other end B is free to move back and forth along a horizontal bar that goes through the center of the wheel. At time t=0 the rod is situated as in the diagram at the left below. The
wheel rotates counterclockwise at 1.5 rev/sec. At some point, the rod will be tangent to the circle as shown in the third picture.
A
B
A
B
at some instant, the piston will be tangent to the circle
(a) Express the x and y coordinates of point A as functions of t:
x= 2 cos(3πt)
and y= 2 sin(3t)
(b) Write a formula for the slope of the tangent line to the circle at the point A at time t seconds:
-cot(3πt)
sin(3лt)
(c) Express the x-coordinate of the right end of the rod at point B as a function of t: 2 cos(3πt) +411-
4
-2 sin (3лt)
(d)…
Chapter 7 Solutions
A Problem Solving Approach to Mathematics for Elementary School Teachers, Books a la Carte Edition plus NEW MyLab Math with Pearson eText - Access Card Package (12th Edition)
Ch. 7.1 - Using Simon Stevins notation see Historical Note,...Ch. 7.1 - MATHEMATICAL CONNECTIONS If 1 mL is 0.001 L, how...Ch. 7.1 - MATHEMATICAL CONNECTIONS
Explain whether day can...Ch. 7.1 - MATHEMATICAL CONNECTIONS
Using the number line...Ch. 7.1 - Explain why you think a sign on a copy machine...Ch. 7.1 - MATHEMATICAL CONNECTIONS Explain how you could use...Ch. 7.1 - MATHEMATICAL CONNECTIONS Explain why, in Theorem...Ch. 7.1 - MATHEMATICAL CONNECTIONS Explain why appending any...Ch. 7.1 - MATHEMATICAL CONNECTIONS
How can you tell each of...Ch. 7.1 - MATHEMATICAL CONNECTIONS Determine how decimal...
Ch. 7.1 - Using base-five blocks similar to base-ten blocks,...Ch. 7.1 - In small groups, research the history of decimals...Ch. 7.1 - MATHEMATICAL CONNECTIONS
A student claims that is...Ch. 7.1 - Prob. 16MCCh. 7.1 - MATHEMATICAL CONNECTIONS A student claims that...Ch. 7.1 - Connecting Mathematics to the Classroom A student...Ch. 7.1 - Joe rode his bicycle from his house to his friends...Ch. 7.1 - 50-YARD RACE Girl Time seconds Christa 8.28 Kelly...Ch. 7.1 - The diameter of a red blood cell, in inches, is...Ch. 7.1A - Assessment 71A Write each of the following as a...Ch. 7.1A - Assessment 71A Rewrite each of the following as a...Ch. 7.1A - Assessment 71A Write each of the following as a...Ch. 7.1A - Write each of the following numerals in words. a....Ch. 7.1A - Write each of the following terminating decimals...Ch. 7.1A - Mentally determine which of the following can be...Ch. 7.1A - When possible, write each of the numbers in...Ch. 7.1A - Seven minutes is part of an hour. If 7 min were to...Ch. 7.1A - Given the U.S. monetary system, what reason can...Ch. 7.1A - In each of the following order the decimals from...Ch. 7.1A - Write the numbers in each of the following...Ch. 7.1A - Use a decimal grid with 100 squares and represent...Ch. 7.1A - If the decimals 0.804,0.84, and 0.8399 are...Ch. 7.1A - Write a decimal that has a ten-thousandths place...Ch. 7.1A - a. Show that between any two terminating decimals,...Ch. 7.1A - If decimals in other number bases work the same as...Ch. 7.1A - The five top swimmers in an event had the...Ch. 7.1A - Suppose a carpenters ruler was marked in...Ch. 7.1B - ASSESSMENT Write each of the following as a sum in...Ch. 7.1B - Prob. 2ACh. 7.1B - ASSESSMENT Write each of the following as a...Ch. 7.1B - ASSESSMENT
Write each of the following numerals in...Ch. 7.1B - Write each of the following terminating decimals...Ch. 7.1B - ASSESSMENT Mentally determine which of the...Ch. 7.1B - ASSESSMENT
Where possible, write each of the...Ch. 7.1B - ASSESSMENT What whole numbers of minutes less than...Ch. 7.1B - Prob. 9ACh. 7.1B - Prob. 10ACh. 7.1B - Write the numbers in each of the following...Ch. 7.1B - Use a grid with 100 squares and represent 0.23.Ch. 7.1B - Prob. 13ACh. 7.1B - Write a decimal that is between 8.345 and 8.3456.Ch. 7.1B - Prob. 15ACh. 7.1B - Prob. 16ACh. 7.1B - Assessment The five top swimmers in an event had...Ch. 7.1B - Prob. 18ACh. 7.2 - How much greater is 0.763 than 0.753? How can you...Ch. 7.2 - How is multiplication of decimals like...Ch. 7.2 - Prob. 3MCCh. 7.2 - Is a product of two positive decimals each less...Ch. 7.2 - What is the significance of the 1 above the 6 in...Ch. 7.2 - Prob. 8MCCh. 7.2 - Prob. 9MCCh. 7.2 - Prob. 10MCCh. 7.2 - Prob. 11MCCh. 7.2 - In multiplying 0.1250.08, Roger knew the rule that...Ch. 7.2 - Jamal wants to know why 0.3 and 0.30 are equal....Ch. 7.2 - Fred says that to multiply 32.72.6, he just...Ch. 7.2 - Prob. 16MCCh. 7.2 - Prob. 17MCCh. 7.2 - How would you respond to the following situations?...Ch. 7.2 - Write 14.0479 in expanded form.Ch. 7.2 - With out dividing, determine which of the...Ch. 7.2 - If the denominator of a fraction is 26, is it...Ch. 7.2 - 3556 can be written as a terminating decimal....Ch. 7.2 - How much greater is 0.763 than 0.753? How can you...Ch. 7.2 - Prob. 2NAEPCh. 7.2 - Prob. 3NAEPCh. 7.2 - Explain why subtraction of terminating decimals...Ch. 7.2A - Use base-ten blocks to model 3.2+2.32.Ch. 7.2A - Write the decimals as fractions and then add....Ch. 7.2A - ASSESSMENT Write the decimals as fractions and...Ch. 7.2A - Prob. 4ACh. 7.2A - Johns calculator calculates correctly but does not...Ch. 7.2A - ASSESSMENT Multiply each number below by 0.01...Ch. 7.2A - ASSESSMENT
When you multiply a natural number by a...Ch. 7.2A - If Maura went to the store and bought a chair for...Ch. 7.2A - ASSESSMENT a. Complete the following magic square;...Ch. 7.2A - ASSESSMENT
Karin bought lb of peaches at lb and lb...Ch. 7.2A - Automobile engines were once measured in cubic...Ch. 7.2A - ASSESSMENT A stock rose 0.24 in the market on...Ch. 7.2A - Prob. 13ACh. 7.2A - A kilowatt hour means 1000 watts of electricity...Ch. 7.2A - Prob. 15ACh. 7.2A - ASSESSMENT
If each of the following sequences is...Ch. 7.2A - Prob. 17ACh. 7.2A - Prob. 18ACh. 7.2A - Estimate the placement of each of the following...Ch. 7.2A - Prob. 20ACh. 7.2A - Mikes class is building a model of the new World...Ch. 7.2A - Prob. 22ACh. 7.2A - Prob. 23ACh. 7.2A - Prob. 24ACh. 7.2A - Prob. 25ACh. 7.2A - ASSESSMENT Convert each of the following to...Ch. 7.2A - ASSESSMENT
Write the numerals in each of the...Ch. 7.2A - Prob. 28ACh. 7.2A - ASSESSMENT
Write the numerals in each of the...Ch. 7.2A - ASSESSMENT
Write the results of each of the...Ch. 7.2A - Round each of the following numbers as specified....Ch. 7.2A - Prob. 32ACh. 7.2A - Audrey wants to buy some camera equipment to take...Ch. 7.2A - ASSESSMENT Estimate the sum or difference in each...Ch. 7.2A - ASSESSMENT
Find the least and the greatest...Ch. 7.2A - Some digits in the following number are covered by...Ch. 7.2A - Iris worked a 40-hour week at 8.25/hr. Mentally...Ch. 7.2A - ASSESSMENT Mentally compute the number to fill in...Ch. 7.2A - ASSESSMENT
Which of the following result in equal...Ch. 7.2A - Prob. 40ACh. 7.2B - Prob. 1ACh. 7.2B - Prob. 2ACh. 7.2B - Prob. 3ACh. 7.2B - Assume the multiplication shown below is correct...Ch. 7.2B - Prob. 5ACh. 7.2B - Prob. 6ACh. 7.2B - When you multiply a positive decimal less than 1...Ch. 7.2B - Prob. 8ACh. 7.2B - Prob. 9ACh. 7.2B - Prob. 10ACh. 7.2B - Prob. 11ACh. 7.2B - Prob. 12ACh. 7.2B - Prob. 13ACh. 7.2B - Prob. 14ACh. 7.2B - Prob. 15ACh. 7.2B - If the first term of a finite geometric sequence...Ch. 7.2B - Prob. 17ACh. 7.2B - Prob. 18ACh. 7.2B - Prob. 19ACh. 7.2B - Prob. 20ACh. 7.2B - Prob. 21ACh. 7.2B - Prob. 22ACh. 7.2B - Prob. 23ACh. 7.2B - Prob. 24ACh. 7.2B - Prob. 25ACh. 7.2B - Prob. 26ACh. 7.2B - Prob. 27ACh. 7.2B - Prob. 28ACh. 7.2B - Prob. 29ACh. 7.2B - Round each of the following numbers as specified...Ch. 7.2B - Prob. 31ACh. 7.2B - Prob. 32ACh. 7.2B - Find the least and the greatest possible products...Ch. 7.2B - Prob. 35ACh. 7.2B - Prob. 36ACh. 7.2B - Prob. 37ACh. 7.2B - Prob. 39ACh. 7.3 - a. If a grocery store advertised three lemons for...Ch. 7.3 - A friend claims that every finite decimal is equal...Ch. 7.3 - Some addition problems are easier to compute with...Ch. 7.3 - Prob. 4MCCh. 7.3 - Notice that...Ch. 7.3 - Prob. 6MCCh. 7.3 - a. Does your calculator allow you to enter...Ch. 7.3 - Prob. 8MCCh. 7.3 - A student argues that repeating decimals are of...Ch. 7.3 - A student asks if a sum of two repeating decimals...Ch. 7.3 - A student needs to find 0.333348 without using a...Ch. 7.3 - Joe says terminating decimals are those with...Ch. 7.3 - Prob. 14MCCh. 7.3 - Prob. 15MCCh. 7.3 - Prob. 16MCCh. 7.3 - Prob. 17MCCh. 7.3 - Prob. 18MCCh. 7.3 - Prob. 19MCCh. 7.3A - Prob. 1ACh. 7.3A - a. Do 0.45777,0.4577 and 0.457 represent different...Ch. 7.3A - Write the first 10 decimal places for each of the...Ch. 7.3A - Which of the following is greater: 0.3625or0.3625?Ch. 7.3A - Write the following using a bar to indicate the...Ch. 7.3A - Prob. 6ACh. 7.3A - ASSESSMENT Convert each of the following repeating...Ch. 7.3A - Express 1 min as a repeating decimal part of an...Ch. 7.3A - ASSESSMENT Order the following decimals from...Ch. 7.3A - Prob. 10ACh. 7.3A - Prob. 11ACh. 7.3A - Give an argument why 317 must be a repeating...Ch. 7.3A - Prob. 13ACh. 7.3A - Explain whether a terminating decimal could ever...Ch. 7.3A - Find three decimals between each of the following...Ch. 7.3A - Find the decimal halfway between the decimals 0.4...Ch. 7.3A - a. Find three rational numbers between 34 and...Ch. 7.3A - Prob. 18ACh. 7.3A - a. Write each of the following as a fraction in...Ch. 7.3A - Use the fact that 0.9=1 to find the terminating...Ch. 7.3A - Prob. 21ACh. 7.3A - Prob. 22ACh. 7.3A - Find the sum of the finite geometric sequence...Ch. 7.3A - Prob. 24ACh. 7.3A - Consider the repeating decimals 0.235 and 0.2356....Ch. 7.3A - Find values of x such that each of the following...Ch. 7.3A - If a, b and c are digits, write 0.abc as a...Ch. 7.3A - Prob. 28ACh. 7.3A - Prob. 29ACh. 7.3B - Assessment Will 31234567 be a terminating decimal?...Ch. 7.3B - Prob. 2ACh. 7.3B - Prob. 3ACh. 7.3B - Prob. 4ACh. 7.3B - Assessment Write the following using a bar to...Ch. 7.3B - Assessment Find the decimal representation for...Ch. 7.3B - Prob. 7ACh. 7.3B - Prob. 8ACh. 7.3B - Prob. 9ACh. 7.3B - Prob. 10ACh. 7.3B - Prob. 11ACh. 7.3B - Prob. 12ACh. 7.3B - Prob. 14ACh. 7.3B - Assessment Find three decimals between each of the...Ch. 7.3B - Prob. 16ACh. 7.3B - Prob. 17ACh. 7.3B - Prob. 18ACh. 7.3B - Prob. 19ACh. 7.3B - Prob. 20ACh. 7.3B - Prob. 21ACh. 7.3B - ASSESSMENT Use the fact that 0.01=199 and...Ch. 7.3B - Prob. 23ACh. 7.3B - Prob. 24ACh. 7.3B - Assessment 7-3B Consider the repeating decimals...Ch. 7.3B - Prob. 26ACh. 7.3B - Prob. 27ACh. 7.3B - Prob. 28ACh. 7.3B - Prob. 29ACh. 7.4 - Use mental math to find 11 of 850. Explain your...Ch. 7.4 - Does 0.4=0.4? Explain.Ch. 7.4 - What does it mean to reach 125 of your savings...Ch. 7.4 - Is 4 of 98 the same as 98 of 4? Explain.Ch. 7.4 - a. If 25 of a number is 55, is the number greater...Ch. 7.4 - Can 35 of one number can be greater than 55 of...Ch. 7.4 - Why does one picture have so much more shaded area...Ch. 7.4 - Why is it possible to have an increase of 150 in...Ch. 7.4 - Two equal amounts of money were invested in two...Ch. 7.4 - Because of a recession, the value of a new house...Ch. 7.4 - Prob. 11MCCh. 7.4 - Each year a cars value depreciated 20 from the...Ch. 7.4 - If 70 of the girls in a class wanted to have a...Ch. 7.4 - If 70 of the girls in a class wanted to have a...Ch. 7.4 - Abe and Barb were shopping at a department store....Ch. 7.4 - Prob. 16MCCh. 7.4 - MATHEMATICAL CONNECTIONS Look at newspapers and...Ch. 7.4 - Prob. 19MCCh. 7.4 - Prob. 20MCCh. 7.4 - Prob. 25MCCh. 7.4 - A student claims that if prices at a store can...Ch. 7.4 - Prob. 27MCCh. 7.4 - Prob. 28MCCh. 7.4 - Noel read that women used to make 75c for every...Ch. 7.4 - A student claims that if the value of an item...Ch. 7.4 - a. Human bones make up 0.18 of a persons body...Ch. 7.4 - Write each of the following decimals in the form...Ch. 7.4 - Write a repeating decimal equal to each of the...Ch. 7.4 - Write 0.00024 as a fraction in simplest form.Ch. 7.4 - Prob. 35MCCh. 7.4 - Write each of the following as a standard numeral....Ch. 7.4 - Prob. 1NAEPCh. 7.4 - NATIONAL ASSESSMENT OF EDUCATIONAL PROGRESS NAEP...Ch. 7.4 - NATIONAL ASSESSMENT OF EDUCATIONAL PROGRESS NAEP...Ch. 7.4A - Prob. 1ACh. 7.4A - Copy the number line and fill in the blanks so...Ch. 7.4A - Express each of the following as a percent. a....Ch. 7.4A - Convert each of the following percent to a...Ch. 7.4A - Fill in the following blanks to find other...Ch. 7.4A - Draw a percent bar to represent 125 of 60. Set up...Ch. 7.4A - Answer each of the following question. a. What is...Ch. 7.4A - Prob. 8ACh. 7.4A - Prob. 9ACh. 7.4A - Assessment Gail received a 7 raise last year. If...Ch. 7.4A - Prob. 11ACh. 7.4A - Assessment If a dress that normally sells for 35...Ch. 7.4A - Prob. 13ACh. 7.4A - Prob. 14ACh. 7.4A - An airline ticket costs 320 without the tax. If...Ch. 7.4A - Prob. 16ACh. 7.4A - If 6623 of 1800 employees favored a new insurance...Ch. 7.4A - Which represents the greater percent:325500 or...Ch. 7.4A - Assessment An advertisement reads that if you buy...Ch. 7.4A - Prob. 20ACh. 7.4A - Prob. 21ACh. 7.4A - A crew consists of one apprentice, one journeyman,...Ch. 7.4A - a. In an incoming freshman class of 500 students,...Ch. 7.4A - Assessment Ms. Price has received a 10 raise in...Ch. 7.4A - Prob. 25ACh. 7.4A - If you wanted to spend 25 of your monthly salary...Ch. 7.4A - Prob. 27ACh. 7.4A - A tip in a restaurant has been typically figured...Ch. 7.4A - Assessment Suppose the percent bar below shows the...Ch. 7.4A - Prob. 30ACh. 7.4A - Assessment Sunscreens block ultraviolet UV rays...Ch. 7.4A - Complete the following compound interest chart....Ch. 7.4A - Assessment Ms. Jackson borrowed 42,000 at 8.75...Ch. 7.4A - Prob. 34ACh. 7.4A - Prob. 35ACh. 7.4A - Prob. 36ACh. 7.4A - Prob. 37ACh. 7.4A - The New Age Savings Bank advertises 4 annual...Ch. 7.4A - Prob. 39ACh. 7.4B - Prob. 1ACh. 7.4B - Prob. 2ACh. 7.4B - Assessment Express each of the following as a...Ch. 7.4B - Assessment Convert each of the following percents...Ch. 7.4B - Assessment Fill in the following blanks to find...Ch. 7.4B - Draw a percent bar to represent 150 of 60. Set up...Ch. 7.4B - Prob. 7ACh. 7.4B - Prob. 8ACh. 7.4B - Prob. 9ACh. 7.4B - Assessment Brandy received a 10 raise last year....Ch. 7.4B - Prob. 11ACh. 7.4B - Assessment A used car originally cost 1700. One...Ch. 7.4B - Assessment On a certain day in Glacier Park, 728...Ch. 7.4B - Prob. 14ACh. 7.4B - Prob. 15ACh. 7.4B - Prob. 16ACh. 7.4B - Prob. 17ACh. 7.4B - Prob. 18ACh. 7.4B - Prob. 19ACh. 7.4B - Prob. 20ACh. 7.4B - Prob. 21ACh. 7.4B - Prob. 22ACh. 7.4B - Prob. 23ACh. 7.4B - Prob. 24ACh. 7.4B - Prob. 25ACh. 7.4B - Prob. 26ACh. 7.4B - Prob. 27ACh. 7.4B - Prob. 28ACh. 7.4B - Prob. 29ACh. 7.4B - Prob. 30ACh. 7.4B - Complete the following compound interest chart....Ch. 7.4B - Prob. 32ACh. 7.4B - Prob. 33ACh. 7.4B - Prob. 34ACh. 7.4B - Prob. 35ACh. 7.4B - Prob. 36ACh. 7.4B - If a publishing company signed an agreement to...Ch. 7.4B - Prob. 38ACh. 7.4B - Prob. 39ACh. 7.CR - a. On the number line, find the decimals that...Ch. 7.CR - Write each of the following as a rational number...Ch. 7.CR - Prob. 3CRCh. 7.CR - A board is 442.4 cm long. How many shelves can be...Ch. 7.CR - Write each of the following as a decimal. a. 47 b....Ch. 7.CR - Prob. 6CRCh. 7.CR - Round each of the following number as specified....Ch. 7.CR - Rewrite each of the following in scientific...Ch. 7.CR - Prob. 9CRCh. 7.CR - Prob. 10CRCh. 7.CR - a. Find five decimals between 0.1 and 0.11 and...Ch. 7.CR - Answer each of the following questions. a.6 is...Ch. 7.CR - Prob. 13CRCh. 7.CR - Change each of the following percents to a...Ch. 7.CR - Prob. 15CRCh. 7.CR - Five computers in a shipment of 150 were found to...Ch. 7.CR - On a mathematics examination, a student missed 8...Ch. 7.CR - A used car costs 3450 at present. This is 60 of...Ch. 7.CR - Prob. 19CRCh. 7.CR - Jane bought a bicycle and sold it for 30 more than...Ch. 7.CR - Prob. 21CRCh. 7.CR - Prob. 22CRCh. 7.CR - Prob. 23CRCh. 7.CR - Chapter 7 Review A company was offered a 30,000...Ch. 7.CR - Prob. 25CRCh. 7.CR - Chapter 7 Review The crust of a certain pumpkin...Ch. 7 - In a set of base-ten blocks, let 1 flat represents...Ch. 7 - Prob. 2NTCh. 7 - Prob. 3NTCh. 7 - Prob. 4NTCh. 7 - Prob. 5NTCh. 7 - Prob. 6NT
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- 5. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.AE.003. y y= ex² 0 Video Example x EXAMPLE 3 (a) Use the Midpoint Rule with n = 10 to approximate the integral कर L'ex² dx. (b) Give an upper bound for the error involved in this approximation. SOLUTION 8+2 1 L'ex² d (a) Since a = 0, b = 1, and n = 10, the Midpoint Rule gives the following. (Round your answer to six decimal places.) dx Ax[f(0.05) + f(0.15) + ... + f(0.85) + f(0.95)] 0.1 [0.0025 +0.0225 + + e0.0625 + 0.1225 e0.3025 + e0.4225 + e0.2025 + + e0.5625 €0.7225 +0.9025] The figure illustrates this approximation. (b) Since f(x) = ex², we have f'(x) = 0 ≤ f'(x) = < 6e. ASK YOUR TEACHER and f'(x) = Also, since 0 ≤ x ≤ 1 we have x² ≤ and so Taking K = 6e, a = 0, b = 1, and n = 10 in the error estimate, we see that an upper bound for the error is as follows. (Round your final answer to five decimal places.) 6e(1)3 e 24( = ≈arrow_forward1. Consider the following preference ballots: Number of voters Rankings 6 5 4 2 1st choice A DCB DC 2nd choice B B D 3rd choice DCBD 4th choice CA AAA For each of the four voting systems we have studied, determine who would win the election in each case. (Remember: For plurality with runoff, all but the top two vote-getters are simultaneously eliminated at the end of round 1.)arrow_forwardPractice k Help ises A 96 Anewer The probability that you get a sum of at least 10 is Determine the number of ways that the specified event can occur when two number cubes are rolled. 1. Getting a sum of 9 or 10 3. Getting a sum less than 5 2. Getting a sum of 6 or 7 4. Getting a sum that is odd Tell whether you would use the addition principle or the multiplication principle to determine the total number of possible outcomes for the situation described. 5. Rolling three number cubes 6. Getting a sum of 10 or 12 after rolling three number cubes A set of playing cards contains four groups of cards designated by color (black, red, yellow, and green) with cards numbered from 1 to 14 in each group. Determine the number of ways that the specified event can occur when a card is drawn from the set. 7. Drawing a 13 or 14 9. Drawing a number less than 4 8. Drawing a yellow or green card 10. Drawing a black, red, or green car The spinner is divided into equal parts. Find the specified…arrow_forward
- Problem 1.We consider a two-period binomial model with the following properties: each period lastsone (1) year and the current stock price is S0 = 4. On each period, the stock price doubleswhen it moves up and is reduced by half when it moves down. The annual interest rateon the money market is 25%. We consider four options on this market: A European call option with maturity T = 2 years and strike price K = 5; A European put option with maturity T = 2 years and strike price K = 5; An American call option with maturity T = 2 years and strike price K = 5; An American put option with maturity T = 2 years and strike price K = 5.(a) Find the price at time 0 of both European options.(b) Find the price at time 0 of both American options. Compare your results with (a)and comment.(c) For each of the American options, describe the optimal exercising strategy.(d) We assume that you sell the American put to a market participant A for the pricefound in (b). Explain how you act on the market…arrow_forwardWhat is the standard scores associated to the left of z is 0.1446arrow_forward2. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.015. Use the Trapezoidal Rule, the Midpoint Rule, and Simpson's Rule to approximate the given integral with the specified value of n. (Round your answers to six decimal places.) ASK YOUR TEACHER 3 1 3 + dy, n = 6 (a) the Trapezoidal Rule (b) the Midpoint Rule (c) Simpson's Rule Need Help? Read It Watch Itarrow_forward
- This question builds on an earlier problem. The randomized numbers may have changed, but have your work for the previous problem available to help with this one. A 4-centimeter rod is attached at one end to a point A rotating counterclockwise on a wheel of radius 2 cm. The other end B is free to move back and forth along a horizontal bar that goes through the center of the wheel. At time t=0 the rod is situated as in the diagram at the left below. The wheel rotates counterclockwise at 1.5 rev/sec. At some point, the rod will be tangent to the circle as shown in the third picture. B A B at some instant, the piston will be tangent to the circle (a) Express the x and y coordinates of point A as functions of t: x= 2 cos(3πt) and y= 2 sin(3πt) (b) Write a formula for the slope of the tangent line to the circle at the point A at time t seconds: -cot (3πt) (c) Express the x-coordinate of the right end of the rod at point B as a function of t: 2 cos(3πt) +41/1 (d) Express the slope of the rod…arrow_forwardConsider the proof below: Proposition: If m is an even integer, then 5m +4 is an even integer. Proof: We see that |5m+4=10n+4 = 2(5n+2). Therefore, 5m+4 is an even integer. **Note: you may assume the proof is valid, just poorly written. Based upon the Section 1.3 screencast and the reading assignment, select all writing guidelines that are missing in the proof. Proof begins by stating assumptions ✓ Proof has an invitational tone/uses collective pronouns Proof is written in complete sentences Each step is justified ☐ Proof has a clear conclusionarrow_forwardNote: The purpose of this problem below is to use computational techniques (Excelspreadsheet, Matlab, R, Python, etc.) and code the dynamic programming ideas seen inclass. Please provide the numerical answer to the questions as well as a sample of yourwork (spreadsheet, code file, etc.).We consider an N-period binomial model with the following properties: N = 60, thecurrent stock price is S0 = 1000; on each period, the stock price increases by 0.5% whenit moves up and decreases by 0.3% when it moves down. The annual interest rate on themoney market is 5%. (Notice that this model is a CRR model, which means that thebinomial tree is recombining.)(a) Find the price at time t0 = 0 of a (European) call option with strike price K = 1040and maturity T = 1 year.(b) Find the price at time t0 = 0 of a (European) put option with strike price K = 1040and maturity T = 1 year.(c) We consider now, that you are at time t5 (i.e. after 5 periods, which represents 1month later). Assume that the stock…arrow_forward
- 4. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.024. Find the approximations Tη, Mn, and S, to the integral computer algebra system.) ASK YOUR TEACHER PRACTICE ANOTHER 4 39 √ dx for n = 6 and 12. Then compute the corresponding errors ET, EM, and Es. (Round your answers to six decimal places. You may wish to use the sum command on a n Tn Mn Sp 6 12 n ET EM Es 6 12 What observations can you make? In particular, what happens to the errors when n is doubled? As n is doubled, ET and EM are decreased by a factor of about Need Help? Read It ' and Es is decreased by a factor of aboutarrow_forward6. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.001. ASK YOUR TEACHER PRACTICE ANOTHER Let I = 4 f(x) dx, where f is the function whose graph is shown. = √ ² F(x 12 4 y f 1 2 (a) Use the graph to find L2, R2 and M2. 42 = R₂ = M₂ = 1 x 3 4arrow_forwardThe general solution X'=Ax is given. Discuss the nature of the solutions in a neighborhood of (0,0) -2-2 (²) |a) A = (23) X(A) = (₁ (fi)e* + (2 (2) eht -2-5arrow_forward
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