Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences (13th Edition)
13th Edition
ISBN: 9780321945525
Author: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
Publisher: PEARSON
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Chapter 9.1, Problem 18E
To determine
To calculate:The value of the first-state matrix
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List the possible values of a for which square root is between 6 and 7 and an element of natural number
Question 25
Jasmine bought a house for $225 000. She already knows that for the first $200 000, the land
transfer tax will cost $1650.
Calculate the total land transfer tax. (2 marks)
Land Transfer Tax Table
Value of Property
Rate
On the first $30 000
0%
On the next $60 000
0.5%
(i.e., $30 001 to $90 000)
On the next $60 000
1.0%
(i.e., $90 001 to $150 000)
On the next $50 000
1.5%
(i.e., $150 001 to $200 000)
On amounts in excess of $200 000
2.0%
225000–200 000 = 825000
25000.002 × 25000
1= 8500
16 50+ 500
2 marks
Chapter 9 Solutions
Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences (13th Edition)
Ch. 9.1 - (A) Refer to the transition diagram in Figure 1....Ch. 9.1 - Refer to Example 4. States D and G are referred to...Ch. 9.1 - An insurance company classifies drivers as...Ch. 9.1 - Find P4 and use it to find S4 for AAP=AA.8.2.3.7...Ch. 9.1 - Use P8 and a graphing calculator to find S8 for P...Ch. 9.1 - Refer to Example 4. At the end of each year the...Ch. 9.1 - In Problems 1-8, find the matrix product, if it is...Ch. 9.1 - In Problems 1-8, find the matrix product, if it is...Ch. 9.1 - In Problems 1-8, find the matrix product, if it is...Ch. 9.1 - In Problems 1-8, find the matrix product, if it is...
Ch. 9.1 - In Problems 1-8, find the matrix product, if it is...Ch. 9.1 - In Problems 1-8, find the matrix product, if it is...Ch. 9.1 - In Problems 1-8, find the matrix product, if it is...Ch. 9.1 - In Problems 1-8, find the matrix product, if it is...Ch. 9.1 - Prob. 9ECh. 9.1 - Prob. 10ECh. 9.1 - Prob. 11ECh. 9.1 - In Problems 9-12, find S1 for the indicated...Ch. 9.1 - Prob. 13ECh. 9.1 - Prob. 14ECh. 9.1 - Prob. 15ECh. 9.1 - Prob. 16ECh. 9.1 - Prob. 17ECh. 9.1 - Prob. 18ECh. 9.1 - Prob. 19ECh. 9.1 - In problems 17-20, use the transition diagram to...Ch. 9.1 - Prob. 21ECh. 9.1 - Prob. 22ECh. 9.1 - Prob. 23ECh. 9.1 - Prob. 24ECh. 9.1 - In Problems 37-44, could the given matrix be the...Ch. 9.1 - In Problems 37-44, could the given matrix be the...Ch. 9.1 - In Problems 37-44, could the given matrix be the...Ch. 9.1 - In Problems 37-44, could the given matrix be the...Ch. 9.1 - In Problems 37-44, could the given matrix be the...Ch. 9.1 - Prob. 30ECh. 9.1 - In Problems 37-44, could the given matrix be the...Ch. 9.1 - In Problems 37-44, could the given matrix be the...Ch. 9.1 - In Problems 45-50, is there a unique way of...Ch. 9.1 - In Problems 45-50, is there a unique way of...Ch. 9.1 - In Problems 45-50, is there a unique way of...Ch. 9.1 - In Problems 45-50, is there a unique way of...Ch. 9.1 - In Problems 45-50, is there a unique way of...Ch. 9.1 - In Problems 45-50, is there a unique way of...Ch. 9.1 - In Problems 51-56, are there unique values of a,b,...Ch. 9.1 - In Problems 51-56, are there unique values of a,b,...Ch. 9.1 - In Problems 51-56, are there unique values of a,b,...Ch. 9.1 - Prob. 42ECh. 9.1 - In Problems 51-56, are there unique values of a,b,...Ch. 9.1 - Prob. 44ECh. 9.1 - In Problems 57-60, use the given information to...Ch. 9.1 - A Markov chain has two states, A and B. The...Ch. 9.1 - Prob. 47ECh. 9.1 - Prob. 48ECh. 9.1 - Problems 61-70 refer to the following transition...Ch. 9.1 - Problems 61-70 refer to the following transition...Ch. 9.1 - Problems 61-70 refer to the following transition...Ch. 9.1 - Problems 61-70 refer to the following transition...Ch. 9.1 - Prob. 53ECh. 9.1 - Problems 61-70 refer to the following transition...Ch. 9.1 - Prob. 55ECh. 9.1 - Prob. 56ECh. 9.1 - Problems 61-70 refer to the following transition...Ch. 9.1 - Problems 61-70 refer to the following transition...Ch. 9.1 - In Problems 71-74, given the transition matrix P...Ch. 9.1 - In Problems 71-74, given the transition matrix P...Ch. 9.1 - In Problems 71-74, given the transition matrix P...Ch. 9.1 - In Problems 71-74, given the transition matrix P...Ch. 9.1 - A Markov chain with two states has transition...Ch. 9.1 - Repeat Problem 75 if the initial-state matrix is...Ch. 9.1 - Prob. 65ECh. 9.1 - Prob. 66ECh. 9.1 - Prob. 67ECh. 9.1 - Prob. 68ECh. 9.1 - Prob. 69ECh. 9.1 - Prob. 70ECh. 9.1 - Given the transition matrix...Ch. 9.1 - Prob. 72ECh. 9.1 - Show that if P=a1a1bb is probability matrix, then...Ch. 9.1 - Show that if P=a1a1bbandS=c1c are probability...Ch. 9.1 - Use a graphing calculator and the formula Sk =...Ch. 9.1 - Use a graphing calculator and the formula Sk=S0Pk...Ch. 9.1 - Use a graphing calculator and the formula Sk=S0Pk...Ch. 9.1 - Use a graphing calculator and the formula Sk=S0Pk...Ch. 9.1 - Scheduling. An outdoor restaurant in a summer...Ch. 9.1 - Scheduling. Repeat Problem 85 if the probability...Ch. 9.1 - Advertising. A television advertising campaign is...Ch. 9.1 - Car rental. A car rental agency has facilities at...Ch. 9.1 - Homeowner's insurance. In a given city, the market...Ch. 9.1 - Service contracts. A small community has two...Ch. 9.1 - Travel agent training. A chain of travel agencies...Ch. 9.1 - Welder training. All welders in a factory begin as...Ch. 9.1 - Health plans. A midwestern university offers its...Ch. 9.1 - Dental insurance. Refer to Problem 93. During the...Ch. 9.1 - Housing trends. The 2000 census reported that 41.9...Ch. 9.1 - Housing trends. The 2000 census reported that 66.4...Ch. 9.2 - (A) Suppose that the toothpaste company started...Ch. 9.2 - Which of the following matrices are regular? (A)...Ch. 9.2 - The transition matrix for a Markov chain is...Ch. 9.2 - Refer to Matched Problem 1 in Section 9.1, where...Ch. 9.2 - A mail-order company classifies its customers as...Ch. 9.2 - Repeat Example 5 for P=.3.6.1.2.3.5.1.2.7Ch. 9.2 - In Problems 1-8. without using a calculator, find...Ch. 9.2 - In Problems 1-8. without using a calculator, find...Ch. 9.2 - In Problems 1-8. without using a calculator, find...Ch. 9.2 - In Problems 1-8. without using a calculator, find...Ch. 9.2 - In Problems 1-8. without using a calculator, find...Ch. 9.2 - In Problems 1-8. without using a calculator, find...Ch. 9.2 - In Problems 1-8. without using a calculator, find...Ch. 9.2 - In Problems 1-8. without using a calculator, find...Ch. 9.2 - In Problems 9-22, could the given matrix be the...Ch. 9.2 - In Problems 9-22, could the given matrix be the...Ch. 9.2 - In Problems 9-22, could the given matrix be the...Ch. 9.2 - In Problems 9-22, could the given matrix be the...Ch. 9.2 - Prob. 13ECh. 9.2 - Prob. 14ECh. 9.2 - Prob. 15ECh. 9.2 - Prob. 16ECh. 9.2 - In Problems 9-22, could the given matrix be the...Ch. 9.2 - In Problems 9-22, could the given matrix be the...Ch. 9.2 - In Problems 9-22, could the given matrix be the...Ch. 9.2 - In Problems 9-22, could the given matrix be the...Ch. 9.2 - In Problems 9-22, could the given matrix be the...Ch. 9.2 - In Problems 9-22, could the given matrix be the...Ch. 9.2 - For each transition matrix P in Problems 23-30,...Ch. 9.2 - For each transition matrix P in Problems 23-30,...Ch. 9.2 - For each transition matrix P in Problems 23-30,...Ch. 9.2 - For each transition matrix P in Problems 23-30,...Ch. 9.2 - For each transition matrix P in Problems 23-30,...Ch. 9.2 - For each transition matrix P in Problems 23-30,...Ch. 9.2 - For each transition matrix P in Problems 23-30,...Ch. 9.2 - For each transition matrix P in Problems 23-30,...Ch. 9.2 - In Problems 35-40, discuss the validity of each...Ch. 9.2 - In Problems 35-40, discuss the validity of each...Ch. 9.2 - In Problems 35-40, discuss the validity of each...Ch. 9.2 - In Problems 35-40, discuss the validity of each...Ch. 9.2 - In Problems 35-40, discuss the validity of each...Ch. 9.2 - In Problems 35-40, discuss the validity of each...Ch. 9.2 - In Problems 41-44, approximate the stationary...Ch. 9.2 - In Problems 41-44, approximate the stationary...Ch. 9.2 - In Problems 41-44, approximate the stationary...Ch. 9.2 - In Problems 41-44, approximate the stationary'...Ch. 9.2 - A red urn contains 2 red marbles and 3 blue...Ch. 9.2 - Repeat Problem 45 if the red urn contains 5 red...Ch. 9.2 - Given the transition matrix P=0110 A) Discuss the...Ch. 9.2 - Given the transition matrix P=001100010 (A)...Ch. 9.2 - The transition matrix for a Markov chain is...Ch. 9.2 - The transition matrix for a Markov chain is...Ch. 9.2 - Problems 51 and 52 require the use of a graphing...Ch. 9.2 - Problems 51 and 52 require the use of a graphing...Ch. 9.2 - The transition matric for a Markov chain is...Ch. 9.2 - The transition matric for a Markov chain is...Ch. 9.2 - Transportation. Most railroad cars are owned by...Ch. 9.2 - Transportation. The railroad in Problem 55 also...Ch. 9.2 - Labor force. Table 1 gives the percentage of the...Ch. 9.2 - Home ownership. The U.S. Census Bureau published...Ch. 9.2 - Market share. Consumers can choose between three...Ch. 9.2 - Market share. Consumers in a certain area can...Ch. 9.2 - Insurance. An auto insurance company classifies...Ch. 9.2 - Insurance. Repeat Problems 61 if 40 of preferred...Ch. 9.2 - Problems 63 and 64 require the use of a graphing...Ch. 9.2 - Problems 63 and 64 require the use of a graphing...Ch. 9.2 - Genetics. A given plant species has red, pink, or...Ch. 9.2 - Gene mutation. Suppose that a gene in a chromosome...Ch. 9.2 - Rapid transit. A new rapid transit system has just...Ch. 9.2 - Politics: filibuster. The Senate is in the middle...Ch. 9.2 - The population center of the 48 contiguous states...Ch. 9.2 - The population center of the 48 contiguous states...Ch. 9.3 - (A) For the initial-state matrix S0=abc, find the...Ch. 9.3 - Determine whether each statement is true or false....Ch. 9.3 - Identify any absorbing states for the following...Ch. 9.3 - Use a transition diagram to determine whether P is...Ch. 9.3 - Repeat Example 3 if 10 of farmers sell to company...Ch. 9.3 - Repeat Example 4 for the standard form P found in...Ch. 9.3 - Repeat Example 5 for the following transition...Ch. 9.3 - In problems 1-6, identify the absorbing states in...Ch. 9.3 - In Problems 1-6, identify the absorbing states in...Ch. 9.3 - In Problems 1-6, identify the absorbing states in...Ch. 9.3 - In Problems 1-6, identify the absorbing states in...Ch. 9.3 - In Problems 1-6, identify the absorbing states in...Ch. 9.3 - In Problems 1-6, identify the absorbing states in...Ch. 9.3 - In Problems 7-10, identify the absorbing states...Ch. 9.3 - In Problems 7-10, identify the absorbing states...Ch. 9.3 - In Problems 7-10, identify the absorbing states...Ch. 9.3 - In Problems 7-10, identify the absorbing states...Ch. 9.3 - In Problems 11-20, could the given matrix be the...Ch. 9.3 - In Problems 11-20, could the given matrix be the...Ch. 9.3 - In Problems 11-20, could the given matrix be the...Ch. 9.3 - In Problems 11-20, could the given matrix be the...Ch. 9.3 - In Problems 11-20, could the given matrix be the...Ch. 9.3 - In Problems 11-20, could the given matrix be the...Ch. 9.3 - In Problems 11-20, could the given matrix be the...Ch. 9.3 - In Problems 11-20, could the given matrix be the...Ch. 9.3 - In Problems 11-20, could the given matrix be the...Ch. 9.3 - In Problems 11-20, could the given matrix be the...Ch. 9.3 - In Problems 21-24.find a standard form for the...Ch. 9.3 - In Problems 21-24.find a standard form for the...Ch. 9.3 - In Problems 21-24.find a standard form for the...Ch. 9.3 - In Problems 21-24.find a standard form for the...Ch. 9.3 - In Problems 25-28, find a standard form for the...Ch. 9.3 - In Problems 25-28, find a standard form for the...Ch. 9.3 - In Problems 25-28, find a standard form for the...Ch. 9.3 - In Problems 25-28, find a standard form for the...Ch. 9.3 - In Problems 29-34, find the limiting matrix for...Ch. 9.3 - In Problems 29-34, find the limiting matrix for...Ch. 9.3 - In Problems 29-34, find the limiting matrix for...Ch. 9.3 - In Problems 29-34, find the limiting matrix for...Ch. 9.3 - In Problems 29-34, find the limiting matrix for...Ch. 9.3 - In Problems 29-34, find the limiting matrix for...Ch. 9.3 - Problems 35-40 refer to the matrices in Problems...Ch. 9.3 - Problems 35-40 refer to the matrices in Problems...Ch. 9.3 - Problems 35-40 refer to the matrices in Problems...Ch. 9.3 - Problems 35-40 refer to the matrices in Problems...Ch. 9.3 - Problems 35-40 refer to the matrices in Problems...Ch. 9.3 - Problems 35-40 refer to the matrices in Problems...Ch. 9.3 - In Problems 41-48, discuss the validity of each...Ch. 9.3 - In Problems 41-48, discuss the validity of each...Ch. 9.3 - In Problems 41-48, discuss the validity of each...Ch. 9.3 - In Problems 41-48, discuss the validity of each...Ch. 9.3 - In Problems 41-48, discuss the validity of each...Ch. 9.3 - In Problems 41-48, discuss the validity of each...Ch. 9.3 - In Problems 41-48, discuss the validity of each...Ch. 9.3 - In Problems 41-48, discuss the validity of each...Ch. 9.3 - In Problems 49-52, use a graphing calculator to...Ch. 9.3 - In Problems 49-52, use a graphing calculator to...Ch. 9.3 - In Problems 49-52, use a graphing calculator to...Ch. 9.3 - In Problems 49-52, use a graphing calculator to...Ch. 9.3 - The following matrix P is a nonstandard transition...Ch. 9.3 - Repeat Problem 53 for...Ch. 9.3 - Verify the results in Problem 53 by computing Pk...Ch. 9.3 - Verify the results in Problem 54 by computing Pk...Ch. 9.3 - Show that S=x1x0,0x1, is a stationary matrix for...Ch. 9.3 - Show that S=x1x00,0x1, is a stationary matrix for...Ch. 9.3 - An absorbing Markov chain has the following matrix...Ch. 9.3 - Refer to the matrices P and Q of Problem 59. For k...Ch. 9.3 - Loans. A credit union classifies car loans into...Ch. 9.3 - Employee training. A chain of car muffler and...Ch. 9.3 - Marketing. Three electronics firms are...Ch. 9.3 - Pensions. Once a year company employees are given...Ch. 9.3 - Medicine. After bypass surgery, patients are...Ch. 9.3 - Medicine. The study discussed in Problem 65 also...Ch. 9.3 - Psychology. A rat is placed in room F or room B of...Ch. 9.3 - Psychology. Repeat Problem 67 if the exit from...Ch. 9 - Given the transition matrix P and initial-state...Ch. 9 - In Problems 2-6, P is a transition matrix for a...Ch. 9 - In Problems 2-6, P is a transition matrix for a...Ch. 9 - In Problems 2-6, P is a transition matrix for a...Ch. 9 - In Problems 2-6, P is a transition matrix for a...Ch. 9 - Prob. 6RECh. 9 - In Problems 7-10, write a transition matrix for...Ch. 9 - In Problems 7-10, write a transition matrix for...Ch. 9 - In Problems 7-10, write a transition matrix for...Ch. 9 - In Problems 7-10, write a transition matrix for...Ch. 9 - A Markov chain has three states, A,B, and C. The...Ch. 9 - Given the transition matrix ABP=AB.4.6.9.1 find...Ch. 9 - In Problems 13 and 14. solve the equation SP=S to...Ch. 9 - In Problems 13 and 14. solve the equation SP=S to...Ch. 9 - In Problems 15 and 16, find the limiting matrix...Ch. 9 - In Problems 15 and 16, find the limiting matrix...Ch. 9 - In Problems 17-20, use a graphing calculator to...Ch. 9 - In Problems 17-20, use a graphing calculator to...Ch. 9 - In Problems 17-20, use a graphing calculator to...Ch. 9 - In Problems 17-20, use a graphing calculator to...Ch. 9 - Find a standard form for the absorbing Markov...Ch. 9 - In Problems 22 and 23, determine the long-run...Ch. 9 - In Problems 22 and 23, determine the long-run...Ch. 9 - Let P be a 22 transition matrix for a Markov...Ch. 9 - Let P be a 33 transition matrix for a Markov...Ch. 9 - A red urn contains 2 red marbles, 1 blue marble,...Ch. 9 - Repeat Problem 26 if the blue and green marbles...Ch. 9 - Show that S=xyz0, where 0x1, 0y1, 0z1, and...Ch. 9 - In problems 29-35, either give an example of a...Ch. 9 - In problems 29-35, either give an example of a...Ch. 9 - In problems 29-35, either give an example of a...Ch. 9 - In problems 29-35, either give an example of a...Ch. 9 - In problems 29-35, either give an example of a...Ch. 9 - In problems 29-35, either give an example of a...Ch. 9 - In problems 29-35, either give an example of a...Ch. 9 - In Problems 36 and 37, use a graphing calculator...Ch. 9 - In Problems 36 and 37, use a graphing calculator...Ch. 9 - Product switching. A company's brand X has 20 of...Ch. 9 - Marketing. Recent technological advances have led...Ch. 9 - Prob. 40RECh. 9 - Employee training. In order to become a fellow of...Ch. 9 - Genetics. A given plant species has red, pink, or...Ch. 9 - Smoking. Table 2 gives the percentage of U.S....
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