Finite Mathematics (11th Edition)
11th Edition
ISBN: 9780321979438
Author: Margaret L. Lial, Raymond N. Greenwell, Nathan P. Ritchey
Publisher: PEARSON
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Textbook Question
Chapter 8.1, Problem 36E
Science Conference At an annual college science conference, student presentations are scheduled one after another in the afternoon session. This year, 5 students are presenting in biology, 5 students are presenting in chemistry, and 2 students are presenting in physics.
(a) In how many ways can the presentations be scheduled?
(b) In how many ways can the presentations be scheduled so that each subject is grouped together?
(c) In how many ways can the presentations be scheduled if the conference must begin and end with a physics presentation?
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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 8 Solutions
Finite Mathematics (11th Edition)
Ch. 8.1 - In Exercises 112, evaluate the factorial or...Ch. 8.1 - Prob. 2ECh. 8.1 - Prob. 3ECh. 8.1 - In Exercises 112, evaluate the factorial or...Ch. 8.1 - In Exercises 112, evaluate the factorial or...Ch. 8.1 - In Exercises 112, evaluate the factorial or...Ch. 8.1 - Prob. 7ECh. 8.1 - Prob. 8ECh. 8.1 - Prob. 9ECh. 8.1 - In Exercises 1-12, evaluate the factorial or...
Ch. 8.1 - Prob. 11ECh. 8.1 - In Exercises 1 evaluate the factorial or...Ch. 8.1 - How many different types of homes are available if...Ch. 8.1 - A menu offers a choice of 3 salads, 8 main dishes,...Ch. 8.1 - Prob. 15ECh. 8.1 - In a club with 16 members, how many ways can a...Ch. 8.1 - Define permutation in your own words.Ch. 8.1 - Explain the difference between distinguishable and...Ch. 8.1 - Prob. 19ECh. 8.1 - In Example 6, how many unordered 2-letter subsets...Ch. 8.1 - Prob. 21ECh. 8.1 - A printer has 5 A's, 4 B's, 2 C's, and 2 D's. How...Ch. 8.1 - Prob. 23ECh. 8.1 - Prob. 24ECh. 8.1 - Prob. 25ECh. 8.1 - Prob. 26ECh. 8.1 - Prob. 27ECh. 8.1 - Prob. 28ECh. 8.1 - Prob. 29ECh. 8.1 - Prob. 30ECh. 8.1 - Prob. 31ECh. 8.1 - Prob. 32ECh. 8.1 - Prob. 33ECh. 8.1 - Life Sciences Drug Sequencing Twelve drugs have...Ch. 8.1 - Prob. 35ECh. 8.1 - Science Conference At an annual college science...Ch. 8.1 - Social Sciences Social Science Experiment In an...Ch. 8.1 - Prob. 38ECh. 8.1 - Prob. 39ECh. 8.1 - Union Elections A chapter of union Local 715 has...Ch. 8.1 - Prob. 41ECh. 8.1 - Programming Music A zydeco band from Louisiana...Ch. 8.1 - Prob. 43ECh. 8.1 - Prob. 44ECh. 8.1 - IP Addresses Every computer or other device...Ch. 8.1 - License Plates For many years, the state of...Ch. 8.1 - Prob. 48ECh. 8.1 - Prob. 49ECh. 8.1 - Prob. 50ECh. 8.1 - Prob. 51ECh. 8.1 - Prob. 52ECh. 8.1 - Prob. 53ECh. 8.1 - Traveling Salesman In the famous Traveling...Ch. 8.1 - Prob. 55ECh. 8.2 - Prob. 1ECh. 8.2 - Prob. 2ECh. 8.2 - Prob. 3ECh. 8.2 - Prob. 4ECh. 8.2 - Prob. 5ECh. 8.2 - Prob. 6ECh. 8.2 - Prob. 7ECh. 8.2 - Prob. 8ECh. 8.2 - Prob. 9ECh. 8.2 - Prob. 10ECh. 8.2 - Prob. 11ECh. 8.2 - In how many ways can a hand of 6 red cards he...Ch. 8.2 - Prob. 13ECh. 8.2 - An economics club has 31 members. (a) If a...Ch. 8.2 - Prob. 15ECh. 8.2 - Prob. 16ECh. 8.2 - In Exercises #x2013;24, decide whether each...Ch. 8.2 - In Exercises 1724, decide whether each exercise...Ch. 8.2 - In Exercises 1724, decide whether each exercise...Ch. 8.2 - In Exercises 17-24, decide whether each exercise...Ch. 8.2 - In Exercises 17-24, decide whether each exercise...Ch. 8.2 - In Exercises 17-24, decide whether each exercise...Ch. 8.2 - Prob. 23ECh. 8.2 - Prob. 24ECh. 8.2 - Prob. 25ECh. 8.2 - Prob. 26ECh. 8.2 - Prob. 27ECh. 8.2 - Prob. 28ECh. 8.2 - Prob. 29ECh. 8.2 - Assembly Line Sampling Five items are to be...Ch. 8.2 - Prob. 31ECh. 8.2 - Prob. 32ECh. 8.2 - Prob. 33ECh. 8.2 - Prob. 34ECh. 8.2 - Prob. 35ECh. 8.2 - Prob. 36ECh. 8.2 - Social Sciences Legislative Committee A...Ch. 8.2 - Prob. 38ECh. 8.2 - Prob. 39ECh. 8.2 - Prob. 40ECh. 8.2 - Prob. 41ECh. 8.2 - Prob. 42ECh. 8.2 - Prob. 43ECh. 8.2 - Prob. 44ECh. 8.2 - Prob. 45ECh. 8.2 - Prob. 46ECh. 8.2 - Prob. 47ECh. 8.2 - Prob. 48ECh. 8.2 - Prob. 49ECh. 8.2 - Prob. 50ECh. 8.2 - Passwords A certain website requires users to log...Ch. 8.2 - Prob. 52ECh. 8.2 - Prob. 53ECh. 8.2 - Prob. 54ECh. 8.2 - Prob. 55ECh. 8.2 - Prob. 56ECh. 8.2 - Prob. 57ECh. 8.2 - Prob. 58ECh. 8.3 - A basket contains 7 red apples and 4 yellow...Ch. 8.3 - A basket contains 7 red apples and 4 yellow...Ch. 8.3 - A basket contains 7 red apples and 4 yellow...Ch. 8.3 - A basket contains 7 red apples and yellow apples....Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - Two cards are drawn at random from an ordinary...Ch. 8.3 - Find the probability that the 2-card hand...Ch. 8.3 - Find the probability that the 2-card hand...Ch. 8.3 - Find the probability that the 2-card hand...Ch. 8.3 - Prob. 15ECh. 8.3 - Prob. 16ECh. 8.3 - Prob. 17ECh. 8.3 - Prob. 18ECh. 8.3 - Prob. 19ECh. 8.3 - Prob. 20ECh. 8.3 - Twenty-six slips of paper are each marked with a...Ch. 8.3 - Prob. 22ECh. 8.3 - Discuss the relative merits of using tree diagrams...Ch. 8.3 - Prob. 24ECh. 8.3 - Prob. 25ECh. 8.3 - For Exercises 25-28, refer to Example 6 in this...Ch. 8.3 - Prob. 27ECh. 8.3 - For Exercises 25- refer to Example 6 in this...Ch. 8.3 - After studying all night for a final exam, a...Ch. 8.3 - Prob. 30ECh. 8.3 - If the letters l, i, t, t, l, and e are chosen at...Ch. 8.3 - If the letters M, i, s. s. i, s, s, i, p, p, and i...Ch. 8.3 - Prob. 33ECh. 8.3 - Prob. 34ECh. 8.3 - Prob. 35ECh. 8.3 - Prob. 36ECh. 8.3 - Prob. 37ECh. 8.3 - Prob. 38ECh. 8.3 - Prob. 39ECh. 8.3 - Prob. 40ECh. 8.3 - Prob. 41ECh. 8.3 - Prob. 42ECh. 8.3 - Prob. 43ECh. 8.3 - Social Sciences Election Ballots Five names are...Ch. 8.3 - Native American Council At the first meeting of a...Ch. 8.3 - Prob. 46ECh. 8.3 - Education At a conference promoting excellence in...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - Prob. 55ECh. 8.3 - Prob. 56ECh. 8.3 - Prob. 57ECh. 8.3 - Prob. 58ECh. 8.3 - Prob. 59ECh. 8.3 - Prob. 60ECh. 8.3 - Prob. 61ECh. 8.3 - Prob. 62ECh. 8.3 - Prob. 63ECh. 8.3 - Prob. 64ECh. 8.3 - Prob. 65ECh. 8.3 - Prob. 66ECh. 8.3 - Prob. 67ECh. 8.3 - Lottery An article in The New York Times...Ch. 8.3 - Prob. 69ECh. 8.3 - Prob. 70ECh. 8.3 - Prob. 71ECh. 8.3 - Prob. 72ECh. 8.3 - Football During the 1988 college football season,...Ch. 8.3 - Prob. 74ECh. 8.3 - Bingo Bingo has become popular in the United...Ch. 8.3 - Prob. 76ECh. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has 5 children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - A die is rolled 12 times. Find the probabilities...Ch. 8.4 - A die is rolled 12 times. Find the probabilities...Ch. 8.4 - A die is rolled 12 times. Find the probabilities...Ch. 8.4 - A die is rolled times. Find the probabilities of...Ch. 8.4 - A die is rolled 12 times. Find the probabilities...Ch. 8.4 - A die is rolled 12 times. Find the probabilities...Ch. 8.4 - How do you identify a probability problem that...Ch. 8.4 - Prob. 16ECh. 8.4 - Prob. 17ECh. 8.4 - Prob. 18ECh. 8.4 - Prob. 19ECh. 8.4 - Prob. 20ECh. 8.4 - Prob. 21ECh. 8.4 - Business and Economics Management The survey...Ch. 8.4 - Business and Economics Management The survey...Ch. 8.4 - Business and Economics Management The survey...Ch. 8.4 - Prob. 25ECh. 8.4 - Prob. 26ECh. 8.4 - Prob. 27ECh. 8.4 - Prob. 28ECh. 8.4 - Prob. 29ECh. 8.4 - Quality Control A factory tests a random sample of...Ch. 8.4 - Prob. 31ECh. 8.4 - Prob. 32ECh. 8.4 - Pecans Pecan producers blow air through the pecans...Ch. 8.4 - Prob. 34ECh. 8.4 - Prob. 35ECh. 8.4 - Life Sciences Breast Cancer A recent study found...Ch. 8.4 - Prob. 37ECh. 8.4 - Life Sciences Breast Cancer A recent study found...Ch. 8.4 - Births of Twins The probability that a birth will...Ch. 8.4 - Prob. 40ECh. 8.4 - Prob. 41ECh. 8.4 - Prob. 42ECh. 8.4 - Prob. 43ECh. 8.4 - Prob. 44ECh. 8.4 - Prob. 46ECh. 8.4 - Prob. 47ECh. 8.4 - Prob. 48ECh. 8.4 - Prob. 49ECh. 8.4 - Volunteering A recent survey found that 83% of...Ch. 8.4 - Volunteering A recent survey found that 83% of...Ch. 8.4 - Volunteering A recent survey found that 83% of...Ch. 8.4 - Volunteering A recent survey found that 83% of...Ch. 8.4 - Minority Enrollment According to the U.S....Ch. 8.4 - Prob. 56ECh. 8.4 - Prob. 57ECh. 8.4 - Prob. 59ECh. 8.5 - For each experiment described below, let x...Ch. 8.5 - For each experiment described below, let x...Ch. 8.5 - Prob. 3ECh. 8.5 - For each experiment described below, let x...Ch. 8.5 - Prob. 5ECh. 8.5 - Draw a histogram for the following, and shade the...Ch. 8.5 - Prob. 7ECh. 8.5 - Draw a histogram for the following, and shade the...Ch. 8.5 - Prob. 9ECh. 8.5 - Find the expected value for each random variable....Ch. 8.5 - Prob. 11ECh. 8.5 - Find the expected value for each random variable....Ch. 8.5 - Prob. 13ECh. 8.5 - Find the expected value for the random variable x...Ch. 8.5 - Prob. 15ECh. 8.5 - Find the expected value for the random variable x...Ch. 8.5 - Prob. 17ECh. 8.5 - Suppose one day Mary brings a 2-headed coin and...Ch. 8.5 - Prob. 19ECh. 8.5 - Prob. 20ECh. 8.5 - Prob. 21ECh. 8.5 - Prob. 22ECh. 8.5 - Prob. 23ECh. 8.5 - Prob. 24ECh. 8.5 - Prob. 25ECh. 8.5 - Prob. 26ECh. 8.5 - Prob. 27ECh. 8.5 - Prob. 28ECh. 8.5 - Prob. 29ECh. 8.5 - Business and Economics Complaints A local used-car...Ch. 8.5 - Payout on Insurance Policies An insurance company...Ch. 8.5 - Device Failure An insurance policy on an...Ch. 8.5 - Prob. 33ECh. 8.5 - Rating Sales Accounts Levi Strauss and Company...Ch. 8.5 - Prob. 35ECh. 8.5 - Life Sciences Animal Offspring In a certain animal...Ch. 8.5 - Ear Infections Otitis media, or middle ear...Ch. 8.5 - Hospitalization Insurance An insurance policy pays...Ch. 8.5 - Prob. 39ECh. 8.5 - Prob. 40ECh. 8.5 - Prob. 41ECh. 8.5 - Prob. 42ECh. 8.5 - Prob. 43ECh. 8.5 - Prob. 44ECh. 8.5 - Prob. 45ECh. 8.5 - Prob. 46ECh. 8.5 - Prob. 47ECh. 8.5 - Prob. 48ECh. 8.5 - Prob. 49ECh. 8.5 - Prob. 50ECh. 8.5 - Prob. 51ECh. 8.5 - Prob. 52ECh. 8.5 - Prob. 53ECh. 8.5 - Prob. 54ECh. 8.5 - The Hog Game In the hug game, each player states...Ch. 8.5 - Prob. 56ECh. 8.5 - Prob. 57ECh. 8 - Refer to the example and find the following. (a)...Ch. 8 - Which policy lends to the lowest expected cost?Ch. 8 - In the example, p1 + p2 + p3 = 0.09 + 0.24 + 0.17...Ch. 8 - Suppose an item to be repaired might need one of n...Ch. 8 - Prob. 1RECh. 8 - Prob. 2RECh. 8 - Prob. 3RECh. 8 - Determine whether each of the following statements...Ch. 8 - Prob. 5RECh. 8 - Prob. 6RECh. 8 - Prob. 7RECh. 8 - Prob. 8RECh. 8 - Prob. 9RECh. 8 - Prob. 10RECh. 8 - Prob. 11RECh. 8 - Prob. 12RECh. 8 - Prob. 13RECh. 8 - Prob. 14RECh. 8 - Prob. 15RECh. 8 - Prob. 16RECh. 8 - Prob. 17RECh. 8 - Prob. 18RECh. 8 - Prob. 19RECh. 8 - Prob. 20RECh. 8 - Prob. 21RECh. 8 - Prob. 22RECh. 8 - Explain under what circumstances a permutation...Ch. 8 - Prob. 24RECh. 8 - Prob. 25RECh. 8 - Prob. 26RECh. 8 - Prob. 27RECh. 8 - Prob. 28RECh. 8 - Prob. 29RECh. 8 - Prob. 30RECh. 8 - Prob. 31RECh. 8 - Prob. 32RECh. 8 - Prob. 33RECh. 8 - Prob. 34RECh. 8 - Prob. 35RECh. 8 - Prob. 36RECh. 8 - Prob. 37RECh. 8 - Prob. 38RECh. 8 - Prob. 39RECh. 8 - Prob. 40RECh. 8 - Prob. 41RECh. 8 - In Exercises 41 and (a) give a probability...Ch. 8 - Prob. 43RECh. 8 - Prob. 44RECh. 8 - Prob. 45RECh. 8 - Prob. 46RECh. 8 - Prob. 47RECh. 8 - Prob. 48RECh. 8 - Prob. 49RECh. 8 - Prob. 50RECh. 8 - Prob. 51RECh. 8 - Prob. 52RECh. 8 - Prob. 53RECh. 8 - Prob. 54RECh. 8 - Prob. 55RECh. 8 - Prob. 56RECh. 8 - Prob. 57RECh. 8 - Prob. 58RECh. 8 - Prob. 59RECh. 8 - Prob. 60RECh. 8 - Prob. 61RECh. 8 - Prob. 62RECh. 8 - Prob. 63RECh. 8 - Prob. 64RECh. 8 - Prob. 65RECh. 8 - Prob. 66RECh. 8 - Prob. 67RECh. 8 - Prob. 68RECh. 8 - Prob. 69RECh. 8 - Prob. 70RECh. 8 - Prob. 71RECh. 8 - Prob. 72RECh. 8 - Prob. 73RECh. 8 - Prob. 74RECh. 8 - Contests At one time, game boards for a United...Ch. 8 - Prob. 76RECh. 8 - Prob. 77RECh. 8 - Prob. 78RECh. 8 - Prob. 79RECh. 8 - Prob. 80RECh. 8 - Prob. 81RECh. 8 - Prob. 82RE
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