Pearson eText for Finite Mathematics & Its Applications -- Instant Access (Pearson+)
12th Edition
ISBN: 9780137442966
Author: Larry Goldstein, David Schneider
Publisher: PEARSON+
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Textbook Question
Chapter 7.4, Problem 11E
In Exercises 11–14, find the expected value for the random variable having the specified histogram.
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39. (a) Show that Σeak converges for each α > 0.
(b) Show that keak converges for each a > 0.
k=0
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k=0
nonnegative integer n and each a > 0.
#3 Find the derivative y' = of the following functions, using the derivative rules:
dx
a) y-Cos 6x b) y=x-Sin4x c) y=x-Cos3x d) y=x-R CD-X:-:TCH :D:D:D - Sin
f)
Sin(x²) (9) Tan (x³)
Show three different pairs of integers, a and b, where at least one example includes a negative integer.
Chapter 7 Solutions
Pearson eText for Finite Mathematics & Its Applications -- Instant Access (Pearson+)
Ch. 7.1 - Suppose that a list consists of 17 numbers in...Ch. 7.1 - Prob. 2CYUCh. 7.1 - Prob. 3CYUCh. 7.1 - In Exercise 1–4, display the data in a bar chart...Ch. 7.1 - In Exercise 1–4, display the data in a bar chart...Ch. 7.1 - In Exercise 1–4, display the data in a bar chart...Ch. 7.1 - In Exercise 1–4, display the data in a bar chart...Ch. 7.1 - 5. School Enrollments Display the data from the...Ch. 7.1 - 6. U.S. Defense Employees Display the data from...Ch. 7.1 - 7. Interest on Public Debt In 2015, the interest...
Ch. 7.1 - 8. U.S. Defense Employees Display the data from...Ch. 7.1 - Great Lakes Display the data from the table in...Ch. 7.1 - Bachelors Degrees Display the data from the table...Ch. 7.1 - Freshman Aspirations Exercises 11 and 12 refer to...Ch. 7.1 - Freshman Aspirations Exercises 11 and 12 refer to...Ch. 7.1 - 13. Vice Presidential Tie Breakers The number of...Ch. 7.1 - 14. Presidential Ages The ages at inauguration of...Ch. 7.1 - Quiz Scores The bar charts in Exercises 15 and 16...Ch. 7.1 - Quiz Scores The bar charts in Exercises 15 and 16...Ch. 7.1 - In Exercises 17 and 18, draw the box plot...Ch. 7.1 - In Exercises 17 and 18, draw the box plot...Ch. 7.1 - In Exercises 19–22, find the five-number summary...Ch. 7.1 - In Exercises 1922, find the five-number summary...Ch. 7.1 - Prob. 21ECh. 7.1 - Prob. 22ECh. 7.1 - 23. Match each of the histograms in column I with...Ch. 7.1 - Food Cost The box plot for the price (in cents) of...Ch. 7.1 - Prob. 25ECh. 7.1 - Prob. 26ECh. 7.1 - Batting Averages On April 16, 2016, the Toronto...Ch. 7.1 - In Exercises 28–31, use technology to produce...Ch. 7.1 - Prob. 29ECh. 7.1 - Prob. 30ECh. 7.1 - In Exercises 28–31, use technology to produce...Ch. 7.2 - 1. Carnival Game In a certain carnival game, a...Ch. 7.2 - Carnival Game Refer to the carnival game of...Ch. 7.2 - 1. Final Grades Table 11 gives the frequency...Ch. 7.2 - 2. Gas Queue The number of cars waiting to be...Ch. 7.2 - Weather Reports A local news website counted the...Ch. 7.2 - Production Level A production manager counted the...Ch. 7.2 - Coin Tosses A fair coin is tossed three times, and...Ch. 7.2 - 6. Archery An archer can hit the bull’s-eye of the...Ch. 7.2 - 7. Selecting Balls from an Urn An urn contains...Ch. 7.2 - 8. Rolling a Die A die is rolled, and the number...Ch. 7.2 - Carnival Game In a certain carnival game, the...Ch. 7.2 - 10. Carnival Game In a certain carnival game, a...Ch. 7.2 - 11. Figure 9 is the histogram for a probability...Ch. 7.2 - Figure 10 on the next page is the histogram for a...Ch. 7.2 - Let the random variables X and Y have the...Ch. 7.2 - Let the random variables X and Y have the...Ch. 7.2 - Let the random variables X and Y have the...Ch. 7.2 - Let the random variables X and Y have the...Ch. 7.2 - Let the random variables X and Y have the...Ch. 7.2 - Let the random variables X and Y have the...Ch. 7.2 - Let the random variables X and Y have the...Ch. 7.2 - Let the random variables X and Y have the...Ch. 7.2 - 21. Grade Distributions Two classes take the same...Ch. 7.2 - 22. Grade Distributions Use Table 16 to answer the...Ch. 7.2 - Exercises 23–26 refer to the tables and relative...Ch. 7.2 - Exercises 2326 refer to the tables and relative...Ch. 7.2 - Exercises 2326 refer to the tables and relative...Ch. 7.2 - Exercises 23–26 refer to the tables and relative...Ch. 7.2 - 27. Table 17 gives the probability distribution of...Ch. 7.2 - Table 18 gives the probability distribution of the...Ch. 7.2 - Table 19 gives the probability distribution of the...Ch. 7.2 - Prob. 30ECh. 7.3 - A number is selected at random from the numbers 0...Ch. 7.3 - 2. If the experiment in Problem 1 is repeated 20...Ch. 7.3 - Prob. 3CYUCh. 7.3 - In Exercises 14, calculate (kn)pkqnk for the given...Ch. 7.3 - In Exercises 1–4, calculate for the given values...Ch. 7.3 - In Exercises 14, calculate (kn)pkqnk for the given...Ch. 7.3 - In Exercises 1–4, calculate for the given values...Ch. 7.3 - Coin Tosses A coin is tossed 10 times. In...Ch. 7.3 - Coin Tosses A coin is tossed 10 times. In...Ch. 7.3 - Coin Tosses A coin is tossed 10 times. In...Ch. 7.3 - Coin Tosses A coin is tossed 10 times. In...Ch. 7.3 - Coin Tosses A coin is tossed 10 times. In...Ch. 7.3 - Coin Tosses A coin is tossed 10 times. In...Ch. 7.3 - Rolling a Die A single die is rolled four times....Ch. 7.3 - Rolling a Die A single die is rolled four times....Ch. 7.3 - Rolling a Die A single die is rolled four times....Ch. 7.3 - Rolling a Die A single die is rolled four times....Ch. 7.3 - Rolling a Die A single die is rolled four times....Ch. 7.3 - Rolling a Die A single die is rolled four times....Ch. 7.3 - Twenty-Somethings Fourteen percent of U.S....Ch. 7.3 - Twenty-Somethings Fourteen percent of U.S....Ch. 7.3 - Twenty-Somethings Fourteen percent of U.S....Ch. 7.3 - Twenty-Somethings Fourteen percent of U.S....Ch. 7.3 - Twenty-Somethings Fourteen percent of U.S....Ch. 7.3 - Twenty-Somethings Fourteen percent of U.S....Ch. 7.3 - Career Training According to the study The...Ch. 7.3 - Prob. 24ECh. 7.3 - Career Training According to the study The...Ch. 7.3 - Career Training According to the study The...Ch. 7.3 - 27. Children A family chosen at random has four...Ch. 7.3 - 28. New Employees A manager at a call center...Ch. 7.3 - College Acceptances Exercises 29 and 30 refer to...Ch. 7.3 - Prob. 30ECh. 7.3 - Prob. 31ECh. 7.3 - Veterinary Medicine Exercises 31 and 32 refer to...Ch. 7.3 - Car Sales An automotive salesman determines that...Ch. 7.3 - 34. Insurance Claims A homeowner’s insurance...Ch. 7.3 - Coin Tosses When a coin is tossed 100 times, the...Ch. 7.3 - Rolling Dice When a die is rolled 10 times, the...Ch. 7.3 - Figure 6 shows the histogram for a binomial random...Ch. 7.3 - 38. Figure 7 shows the histogram for a binomial...Ch. 7.3 - Prob. 39ECh. 7.3 - Prob. 40ECh. 7.3 - Centenarians The probability that a 20-year-old...Ch. 7.3 - 42. Left-handedness Ten percent of the population...Ch. 7.3 - 43. Drug Reaction Suppose that the probability of...Ch. 7.3 - Prob. 44ECh. 7.3 - Voter Polling Suppose that 60% of the voters in a...Ch. 7.3 - Jury Verdict A jury has 12 jurors. A vote of at...Ch. 7.3 - Quality Control Three percent of the circuit...Ch. 7.3 - Quality Control Refer to Example 1. What is the...Ch. 7.3 - Genetics Every offspring inherits a gene for hair...Ch. 7.3 - Theft of Gold A small country owns 10,000 gold...Ch. 7.3 - Prob. 51ECh. 7.3 - 52. Basketball A basketball player makes free...Ch. 7.3 - Basketball A basketball player makes 82% of her...Ch. 7.3 - 54. Darts The probability is .64 that a dartist...Ch. 7.3 - Tennis A single match at the mens U.S. Open...Ch. 7.3 - 56. Baseball The World Series consists of a...Ch. 7.3 - Prob. 57ECh. 7.3 - Prob. 58ECh. 7.3 - Prob. 59ECh. 7.3 - Prob. 60ECh. 7.3 - Prob. 61ECh. 7.3 - Prob. 62ECh. 7.3 - Prob. 63ECh. 7.3 - Prob. 64ECh. 7.3 - Prob. 66ECh. 7.3 - Prob. 67ECh. 7.3 - 68. Calculate the probability of between 45 and 55...Ch. 7.3 - Prob. 69ECh. 7.4 - Life Insurance A 74-year-old man pays $1000 for a...Ch. 7.4 - Prob. 2CYUCh. 7.4 - In Exercises 14, determine whether the quantity...Ch. 7.4 - In Exercises 14, determine whether the quantity...Ch. 7.4 - In Exercises 1–4, determine whether the quantity...Ch. 7.4 - In Exercises 14, determine whether the quantity...Ch. 7.4 - Find the expected value for the probability...Ch. 7.4 - Find the expected value for the probability...Ch. 7.4 - Grades A college student received the following...Ch. 7.4 - Gymnastic Scores An Olympic gymnast received the...Ch. 7.4 - 9. Comparing Toothpastes Table 12 gives the...Ch. 7.4 - 10. Investments Table 13 gives the possible...Ch. 7.4 - In Exercises 11–14, find the expected value for...Ch. 7.4 - In Exercises 11–14, find the expected value for...Ch. 7.4 - In Exercises 11–14, find the expected value for...Ch. 7.4 - In Exercises 1114, find the expected value for the...Ch. 7.4 - Roulette In American roulette, a bettor may place...Ch. 7.4 - 16. Roulette In American roulette, a dollar may be...Ch. 7.4 - Carnival Game In a carnival game, the player...Ch. 7.4 - Carnival Game In a carnival game, the player...Ch. 7.4 - 19. Life Insurance Using life insurance tables, a...Ch. 7.4 - Life Insurance Using life insurance tables, a...Ch. 7.4 - 21. Batting Averages Five members of a baseball...Ch. 7.4 - 22. Exam Scores Three members of a study group...Ch. 7.4 - Dice A pair of dice is rolled, and the larger of...Ch. 7.4 - Dice A pair of dice is rolled, and the smaller of...Ch. 7.4 - Chuck-a-Luck Redo Example 6, where the player wins...Ch. 7.4 - 26. Chuck-a-Luck Consider Example 6 with six...Ch. 7.4 - Bachelors Degrees According to the National Center...Ch. 7.4 - 28. Faculty Degrees According to the American...Ch. 7.4 - 29. Rolling a Die A die is rolled 30 times. What...Ch. 7.4 - Baseball Ted is a consistent .275 hitter. How many...Ch. 7.4 - Basketball A basketball player makes 40% of their...Ch. 7.4 - 32. Binomial Trials What is the probability of...Ch. 7.4 - Exercises 33–36 require the use of counting...Ch. 7.4 - Exercises 3336 require the use of counting...Ch. 7.4 - Exercises 33–36 require the use of counting...Ch. 7.4 - Exercises 33–36 require the use of counting...Ch. 7.4 - Rain Insurance The promoter of a football game is...Ch. 7.4 - Theft Insurance Bob wishes to insure a priceless...Ch. 7.4 - Ticket Sales Last weekend, a movie theater sold x...Ch. 7.4 - 40. Candle Sales A store sold an average...Ch. 7.4 - 41. Weather The average daily temperature during...Ch. 7.4 - Grades Jos wants to earn a 90% overall average in...Ch. 7.4 - 43. Mean If 5, 6, and x have the same average as...Ch. 7.4 - Game of Chance Table 14 gives the probability...Ch. 7.4 - 45. Factory Production An assembly line produces...Ch. 7.4 - 46. Weekly Revenue A small business had an average...Ch. 7.4 - 47. Truck Capacity A truck can carry a maximum of...Ch. 7.4 - Magazine Sales Half of the magazines at a...Ch. 7.5 - 1. (a) Compute the variance of the probability...Ch. 7.5 - 2. Refer to the probability distribution in Table...Ch. 7.5 - 1. Compute the variance of the probability...Ch. 7.5 - 2. Compute the variance of the probability...Ch. 7.5 - Determine by inspection which one of the...Ch. 7.5 - Determine by inspection which one of the...Ch. 7.5 - 5. Investment Returns Table 7 gives the...Ch. 7.5 - Golf Scores Two golfers recorded their scores for...Ch. 7.5 - Weekly Sales Table 8 gives the relative frequency...Ch. 7.5 - Course Grades Student A received the following...Ch. 7.5 - Coin Tosses Suppose that a coin is tossed 10...Ch. 7.5 - 10. Dice Suppose that a pair of dice is rolled 720...Ch. 7.5 - 11. Quality Control A manufacturer produces smart...Ch. 7.5 - 12. Basketball A basketball player makes each free...Ch. 7.5 - Chebychev Inequality Suppose that a probability...Ch. 7.5 - Chebychev Inequality Suppose that a probability...Ch. 7.5 - 15. Bulb Lifetimes For certain types of...Ch. 7.5 - 16. Quality Control An electronics firm determines...Ch. 7.5 - Prob. 17ECh. 7.5 - 18. Chebychev Inequality Suppose that a...Ch. 7.5 - Dice The probability distribution for the sum of...Ch. 7.5 - Dice The probability distribution, rounded to the...Ch. 7.5 - Variance Use the alternative formula for variance...Ch. 7.5 - 22. If X is a random variable, then the variance...Ch. 7.5 - Prob. 23ECh. 7.5 - Prob. 24ECh. 7.5 - 25. College Enrollments Table 12 gives the fall...Ch. 7.5 - Prob. 26ECh. 7.5 - Prob. 27ECh. 7.5 - Prob. 28ECh. 7.6 - Refer to Fig. 35(a). Find the value of z for which...Ch. 7.6 - Refer to the normal curve in Fig. 35(b). Express...Ch. 7.6 - In Exercises 1-8, use the table for A(z) (Table 2)...Ch. 7.6 - In Exercises 1-8, use the table for A(z) (Table 2)...Ch. 7.6 - In Exercises 1-8, use the table for A(z) (Table 2)...Ch. 7.6 - In Exercises 1-8, use the table for A(z) (Table 2)...Ch. 7.6 - In Exercises 1-8, use the table for (Table 2) to...Ch. 7.6 - In Exercises 1-8, use the table for (Table 2) to...Ch. 7.6 - In Exercises 1-8, use the table for (Table 2) to...Ch. 7.6 - In Exercises 1-8, use the table for A(z) (Table 2)...Ch. 7.6 - In Exercises 9-12, find the value of z for which...Ch. 7.6 - In Exercises 9-12, find the value of z for which...Ch. 7.6 - In Exercises 9-12, find the value of z for which...Ch. 7.6 - In Exercises 9-12, find the value of z for which...Ch. 7.6 - What is the 80th percentile of the standard normal...Ch. 7.6 - What is the 40th percentile of the standard normal...Ch. 7.6 - Prob. 15ECh. 7.6 - Prob. 16ECh. 7.6 - Prob. 17ECh. 7.6 - Prob. 18ECh. 7.6 - Exercises 1922 refer to the normal curve with...Ch. 7.6 - Exercises 19–22 refer to the normal curve with...Ch. 7.6 - Exercises 19–22 refer to the normal curve with...Ch. 7.6 - Exercises 1922 refer to the normal curve with...Ch. 7.6 - In Exercises 23-26, find the areas of the shaded...Ch. 7.6 - In Exercises 23-26, find the areas of the shaded...Ch. 7.6 - In Exercises 23-26, find the areas of the shaded...Ch. 7.6 - In Exercises 23-26, find the areas of the shaded...Ch. 7.6 - 27. What is the probability that an outcome of a...Ch. 7.6 - 28. What is the probability that an outcome of a...Ch. 7.6 - Find the value of for a normal random variable X...Ch. 7.6 - Find the value of for a normal random variable X...Ch. 7.6 - Elephant Heights Suppose that the height (at the...Ch. 7.6 - 32. Bottling Reliability At a soft-drink bottling...Ch. 7.6 - Manufacturing Reliability Bolts produced by a...Ch. 7.6 - Heights In a certain population, heights (in...Ch. 7.6 - 35. Manufacturing Reliability In a certain...Ch. 7.6 - 36. IQ Scores As measured with the Stanford-Binet...Ch. 7.6 - 37. Production Quotas The number of barrels of oil...Ch. 7.6 - Lightbulb Lifetimes Suppose that the lifetimes of...Ch. 7.6 - SAT Scores Assume that SAT verbal scores for a...Ch. 7.6 - 40. Mailing Bags A mail-order house uses an...Ch. 7.6 - Tire Lifetimes The lifetime of a certain brand of...Ch. 7.6 - Soft-Drink Dispenser Let X be the amount of soda...Ch. 7.6 - (True or False) A normal curve with a large value...Ch. 7.6 - Prob. 44ECh. 7.6 - Prob. 45ECh. 7.6 - Prob. 46ECh. 7.6 - Prob. 47ECh. 7.6 - Prob. 48ECh. 7.7 - 1. Drug Testing A new drug is being tested on...Ch. 7.7 - Prob. 2CYUCh. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 1–22, use the normal curve to ...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 1–22, use the normal curve to ...Ch. 7.7 - In Exercises 1–22, use the normal curve to ...Ch. 7.7 - In Exercises 1–22, use the normal curve to ...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 1–22, use the normal curve to ...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 1–22, use the normal curve to ...Ch. 7.7 - In Exercises 1–22, use the normal curve to ...Ch. 7.7 - In Exercises 1–22, use the normal curve to ...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 122, use the normal curve to...Ch. 7.7 - In Exercises 23–26, find the more precise answer...Ch. 7.7 - Prob. 24ECh. 7.7 - In Exercises 23–26, find the more precise answer...Ch. 7.7 - In Exercises 2326, find the more precise answer to...Ch. 7 - What is a bar chart? A pie chart? A histogram? A...Ch. 7 - Prob. 2FCCECh. 7 - What is a frequency distribution? A relative...Ch. 7 - Prob. 4FCCECh. 7 - Prob. 5FCCECh. 7 - What is meant by the probability distribution of a...Ch. 7 - Prob. 7FCCECh. 7 - Prob. 8FCCECh. 7 - Prob. 9FCCECh. 7 - Prob. 10FCCECh. 7 - Prob. 11FCCECh. 7 - Prob. 12FCCECh. 7 - Prob. 13FCCECh. 7 - U.S. Population Display the data from Table 1 in a...Ch. 7 - Find the five-number summary and the interquartile...Ch. 7 - Prob. 3RECh. 7 - Prob. 4RECh. 7 - Prob. 5RECh. 7 - 6. Archery An archer has probability .3 of hitting...Ch. 7 - 7. Guessing on an Exam A true–false exam consists...Ch. 7 - Dice A pair of fair dice is rolled 12 times. Note:...Ch. 7 - Table 2 gives the probability distribution of the...Ch. 7 - 10. Balls in an Urn An urn contains four red balls...Ch. 7 - The probability distribution of a random variable...Ch. 7 - Dice Game Lucy and Ethel play a game of chance in...Ch. 7 - 13. Suppose that a probability distribution has...Ch. 7 - Prob. 14RECh. 7 - Prob. 15RECh. 7 - Prob. 16RECh. 7 - 17. Heights of Adult Males The height of adult...Ch. 7 - Figure 3(a) is a standard normal curve. Find the...Ch. 7 - Figure 3(b) is a normal curve with =80and=15. Find...Ch. 7 - IQ Scores As measured with the Wechsler Adult...Ch. 7 - 21. Jury Selection In a certain city, 2/5 of the...Ch. 7 - Quality Control In a complicated production...Ch. 7 - Prob. 23RECh. 7 - Prob. 24RECh. 7 - Prob. 25RECh. 7 - Prob. 26RECh. 7 - If each number in a set of numbers is increased by...Ch. 7 - 28. If each number in a set of numbers is doubled,...Ch. 7 - Prob. 29RECh. 7 - Prob. 30RECh. 7 - An urn contains four red balls and six white...Ch. 7 - Prob. 2PCh. 7 - An urn contains four red balls and six white...Ch. 7 - An urn contains four red balls and six white...Ch. 7 - An urn contains four red balls and six white...Ch. 7 - An urn contains four red balls and six white...Ch. 7 - An urn contains four red balls and six white...Ch. 7 - An urn contains four red balls and six white...Ch. 7 - An urn contains four red balls and six white...
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- Construct a know-show table for each statement below that appears to be true.arrow_forwardProblem 3. Pricing a multi-stock option the Margrabe formula The purpose of this problem is to price a swap option in a 2-stock model, similarly as what we did in the example in the lectures. We consider a two-dimensional Brownian motion given by W₁ = (W(¹), W(2)) on a probability space (Q, F,P). Two stock prices are modeled by the following equations: dX = dY₁ = X₁ (rdt+ rdt+0₁dW!) (²)), Y₁ (rdt+dW+0zdW!"), with Xo xo and Yo =yo. This corresponds to the multi-stock model studied in class, but with notation (X+, Y₁) instead of (S(1), S(2)). Given the model above, the measure P is already the risk-neutral measure (Both stocks have rate of return r). We write σ = 0₁+0%. We consider a swap option, which gives you the right, at time T, to exchange one share of X for one share of Y. That is, the option has payoff F=(Yr-XT). (a) We first assume that r = 0 (for questions (a)-(f)). Write an explicit expression for the process Xt. Reminder before proceeding to question (b): Girsanov's theorem…arrow_forwardProblem 1. Multi-stock model We consider a 2-stock model similar to the one studied in class. Namely, we consider = S(1) S(2) = S(¹) exp (σ1B(1) + (M1 - 0/1 ) S(²) exp (02B(2) + (H₂- M2 where (B(¹) ) +20 and (B(2) ) +≥o are two Brownian motions, with t≥0 Cov (B(¹), B(2)) = p min{t, s}. " The purpose of this problem is to prove that there indeed exists a 2-dimensional Brownian motion (W+)+20 (W(1), W(2))+20 such that = S(1) S(2) = = S(¹) exp (011W(¹) + (μ₁ - 01/1) t) 롱) S(²) exp (021W (1) + 022W(2) + (112 - 03/01/12) t). where σ11, 21, 22 are constants to be determined (as functions of σ1, σ2, p). Hint: The constants will follow the formulas developed in the lectures. (a) To show existence of (Ŵ+), first write the expression for both W. (¹) and W (2) functions of (B(1), B(²)). as (b) Using the formulas obtained in (a), show that the process (WA) is actually a 2- dimensional standard Brownian motion (i.e. show that each component is normal, with mean 0, variance t, and that their…arrow_forward
- Roedel Electronics produces tablet computer accessories, including integrated keyboard tablet stands that connect a keyboard to a tablet device and holds the device at a preferred angle for easy viewing and typing. Roedel produces two sizes of integrated keyboard tablet stands, small and large. Each size uses the same keyboard attachment, but the stand consists of two different pieces, a top flap and a vertical stand that differ by size. Thus, a completed integrated keyboard tablet stand consists of three subassemblies that are manufactured by Roedel: a keyboard, a top flap, and a vertical stand. Roedel's sales forecast indicates that 7,000 small integrated keyboard tablet stands and 5,000 large integrated keyboard tablet stands will be needed to satisfy demand during the upcoming Christmas season. Because only 500 hours of in-house manufacturing time are available, Roedel is considering purchasing some, or all, of the subassemblies from outside suppliers. If Roedel manufactures a…arrow_forwardShow three different pairs of integers, a and b, where at least one example includes a negative integer. For each of your examples, determine if each of the following statements are true or falsearrow_forwardThe scores of 8 students on the midterm exam and final exam were as follows. Student Midterm Final Anderson 98 89 Bailey 88 74 Cruz 87 97 DeSana 85 79 Erickson 85 94 Francis 83 71 Gray 74 98 Harris 70 91 Find the value of the (Spearman's) rank correlation coefficient test statistic that would be used to test the claim of no correlation between midterm score and final exam score. Round your answer to 3 places after the decimal point, if necessary. Test statistic: rs =arrow_forward
- (a) Develop a model that minimizes semivariance for the Hauck Financial data given in the file HauckData with a required return of 10%. Assume that the five planning scenarios in the Hauck Financial rvices model are equally likely to occur. Hint: Modify model (8.10)-(8.19). Define a variable d, for each scenario and let d₂ > R - R¸ with d ≥ 0. Then make the objective function: Min Let FS = proportion of portfolio invested in the foreign stock mutual fund IB = proportion of portfolio invested in the intermediate-term bond fund LG = proportion of portfolio invested in the large-cap growth fund LV = proportion of portfolio invested in the large-cap value fund SG = proportion of portfolio invested in the small-cap growth fund SV = proportion of portfolio invested in the small-cap value fund R = the expected return of the portfolio R = the return of the portfolio in years. Min s.t. R₁ R₂ = R₁ R R5 = FS + IB + LG + LV + SG + SV = R₂ R d₁ =R- d₂z R- d₂ ZR- d₁R- d≥R- R = FS, IB, LG, LV, SG, SV…arrow_forwardThe Martin-Beck Company operates a plant in St. Louis with an annual capacity of 30,000 units. Product is shipped to regional distribution centers located in Boston, Atlanta, and Houston. Because of an anticipated increase in demand, Martin-Beck plans to increase capacity by constructing a new plant in one or more of the following cities: Detroit, Toledo, Denver, or Kansas. The following is a linear program used to determine which cities Martin-Beck should construct a plant in. Let y₁ = 1 if a plant is constructed in Detroit; 0 if not y₂ = 1 if a plant is constructed in Toledo; 0 if not y₂ = 1 if a plant is constructed in Denver; 0 if not y = 1 if a plant is constructed in Kansas City; 0 if not. The variables representing the amount shipped from each plant site to each distribution center are defined just as for a transportation problem. *,, = the units shipped in thousands from plant i to distribution center j i = 1 (Detroit), 2 (Toledo), 3 (Denver), 4 (Kansas City), 5 (St.Louis) and…arrow_forwardConsider the following mixed-integer linear program. Max 3x1 + 4x2 s.t. 4x1 + 7x2 ≤ 28 8x1 + 5x2 ≤ 40 x1, x2 ≥ and x1 integer (a) Graph the constraints for this problem. Indicate on your graph all feasible mixed-integer solutions. On the coordinate plane the horizontal axis is labeled x1 and the vertical axis is labeled x2. A region bounded by a series of connected line segments, and several horizontal lines are on the graph. The series of line segments connect the approximate points (0, 4), (3.889, 1.778), and (5, 0). The region is above the horizontal axis, to the right of the vertical axis, and below the line segments. At each integer value between 0 and 4 on the vertical axis, a horizontal line extends out from the vertical axis to the series of connect line segments. On the coordinate plane the horizontal axis is labeled x1 and the vertical axis is labeled x2. A region bounded by a series of connected line segments, and several…arrow_forward
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