Finite Mathematics for Business, Economics, Life Sciences and Social Sciences Plus NEW MyLab Math with Pearson eText -- Access Card Package (13th Edition)
13th Edition
ISBN: 9780321947628
Author: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
Publisher: PEARSON
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Chapter B.1, Problem 10E
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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
c. What are the first and third quartiles?
First Quartiles (to 1 decimals)
Third Quartiles (to 4 decimals)
× ☑
Which companies spend the most money on advertising? Business Insider maintains a list of the top-spending companies. In 2014, Procter & Gamble spent more than any other company, a whopping $5 billion. In second place was Comcast, which spent $3.08 billion (Business Insider website, December 2014). The top 12 companies and
the amount each spent on advertising in billions of dollars are as follows.
Click on the datafile logo to reference the data.
DATA file
Company
Procter & Gamble
Comcast
Advertising
($billions)
$5.00
3.08
2.91
Company
American Express
General Motors
Advertising
($billions)
$2.19
2.15
ETET
AT&T
Ford
Verizon
L'Oreal
2.56
2.44
2.34
Toyota
Fiat Chrysler
Walt Disney Company
J.P Morgan
a. What is the mean amount spent on advertising? (to 2 decimals)
2.55
b. What is the median amount spent on advertising? (to 3 decimals)
2.09
1.97
1.96
1.88
Chapter B Solutions
Finite Mathematics for Business, Economics, Life Sciences and Social Sciences Plus NEW MyLab Math with Pearson eText -- Access Card Package (13th Edition)
Ch. B.1 - Write the first four terms of each sequence: (a)...Ch. B.1 - Find the general term of a sequence whose first...Ch. B.1 - Write k=15k+11 Without summation notion. Do not...Ch. B.1 - Write the alternating series 113+19127+181 using...Ch. B.1 - Find the arithmetic mean of 9,3,8,4,3, and 6.Ch. B.1 - Write the first four terms for each sequence in...Ch. B.1 - Write the first four terms for each sequence in...Ch. B.1 - Write the first four terms for each sequence in...Ch. B.1 - Write the first four terms for each sequence in...Ch. B.1 - Write the first four terms for each sequence in...
Ch. B.1 - Write the first four terms for each sequence in...Ch. B.1 - Write the 10th term of the sequence in Problem 1.Ch. B.1 - Write the 15th term of the sequence in Problem 2.Ch. B.1 - Write the 99th term of the sequence in Problem 3.Ch. B.1 - Write the 200th term of the sequence in Problem 4.Ch. B.1 - In Problems 11-16, write each series in expanded...Ch. B.1 - In Problems 11-16, write each series in expanded...Ch. B.1 - In Problems 11-16, write each series in expanded...Ch. B.1 - In Problems 11-16, write each series in expanded...Ch. B.1 - In Problems 11-16, write each series in expanded...Ch. B.1 - In Problems 11-16, write each series in expanded...Ch. B.1 - Find the arithmetic mean of each list of numbers...Ch. B.1 - Find the arithmetic mean of each list of numbers...Ch. B.1 - Find the arithmetic mean of each list of numbers...Ch. B.1 - Find the arithmetic mean of each list of numbers...Ch. B.1 - Write the first five terms of each sequence in...Ch. B.1 - Write the first five terms of each sequence in...Ch. B.1 - Write the first five terms of each sequence in...Ch. B.1 - Write the first five terms of each sequence in...Ch. B.1 - Write the first five terms of each sequence in...Ch. B.1 - Write the first five terms of each sequence in...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - In Problems 27-42, find the general term of a...Ch. B.1 - Write each series in Problems 43-50 in expanded...Ch. B.1 - Write each series in Problems 43-50 in expanded...Ch. B.1 - Write each series in Problems 43-50 in expanded...Ch. B.1 - Write each series in Problems 43-50 in expanded...Ch. B.1 - Write each series in Problems 43-50 in expanded...Ch. B.1 - Write each series in Problems 43-50 in expanded...Ch. B.1 - Write each series in Problems 43-50 in expanded...Ch. B.1 - Write each series in Problems 43-50 in expanded...Ch. B.1 - Write each series in Problems 51-54 using...Ch. B.1 - Write each series in Problems 51-54 using...Ch. B.1 - Write each series in Problems 51-54 using...Ch. B.1 - Write each series in Problems 51-54 using...Ch. B.1 - Write each series in Problems 55-58 using...Ch. B.1 - Write each series in Problems 55-58 using...Ch. B.1 - Write each series in Problems 55-58 using...Ch. B.1 - Write each series in Problems 55-58 using...Ch. B.1 - In Problems 59-62, discuss the validity of each...Ch. B.1 - In Problems 59-62, discuss the validity of each...Ch. B.1 - In Problems 59-62, discuss the validity of each...Ch. B.1 - In Problems 59-62, discuss the validity of each...Ch. B.1 - Some sequences are defined by a recursive formula-...Ch. B.1 - Some sequences are defined by a recursive formula-...Ch. B.1 - Some sequences are defined by a recursive formula-...Ch. B.1 - Some sequences are defined by a recursive formula-...Ch. B.1 - If A is a positive real number, the terms pf the...Ch. B.1 - If A is a positive real number, the terms pf the...Ch. B.1 - The sequence defined recursively by...Ch. B.1 - The sequence defined by bn=551+52n is related to...Ch. B.2 - Which of the following can be the first four terms...Ch. B.2 - (A) If the 1st and 15th terms of an arithmetic...Ch. B.2 - Find the sum of the first 40 terms in the...Ch. B.2 - Find the sum of all the odd numbers between 24 and...Ch. B.2 - Find the sum of the first eight terms of the...Ch. B.2 - Repeat Example 6 with a loan of 6,000 over 5...Ch. B.2 - Repeat Example 7 with a tax rebate of 2,000.Ch. B.2 - In Problems 1 and 2, determine whether the...Ch. B.2 - In Problems 1 and 2, determine whether the...Ch. B.2 - In Problems 3-8, determine whether the finite...Ch. B.2 - In Problems 3-8, determine whether the finite...Ch. B.2 - In Problems 3-8, determine whether the finite...Ch. B.2 - In Problems 3-8, determine whether the finite...Ch. B.2 - In Problems 3-8, determine whether the finite...Ch. B.2 - In Problems 3-8, determine whether the finite...Ch. B.2 - Let a1,a2,a3,an, be an arithmetic sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an arithmetic sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an arithmetic sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an arithmetic sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an arithmetic sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an arithmetic sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Let a1,a2,a3,an, be an geometric sequence. In...Ch. B.2 - Find the sum of the odd integers between 12 and 68Ch. B.2 - Find the sum of all the even integers between 23...Ch. B.2 - Find the sum of each infinite geometric sequence...Ch. B.2 - Repeat Problem 31 for: (a) 16,4,1, (b) 1,3,9,Ch. B.2 - Find f1+f2+f3++f50 if fx=2x3.Ch. B.2 - Find g1+g2+g3++g100 if gx=183t.Ch. B.2 - Find f1+f2++f10 if fx=12x.Ch. B.2 - Find g1+g2++g10 if gx=2x.Ch. B.2 - Show that the sum of the first n odd positive...Ch. B.2 - Show that the sum of the first n even positive...Ch. B.2 - If r=1, neither the first form nor the second form...Ch. B.2 - If all of the terms of an infinite geometric...Ch. B.2 - Dose there exist a finite arithmetic series with...Ch. B.2 - Dose there exist a finite arithmetic series with...Ch. B.2 - Does there exist an infinite geometric series with...Ch. B.2 - Dose there exist an infinite geometric series with...Ch. B.2 - Loan repayment. If you borrow $4,800 and repay the...Ch. B.2 - Loan repayment. If you borrow $5,400 and repay the...Ch. B.2 - Economy stimulation. The government, through a...Ch. B.2 - Economy stimulation. Due to reduced taxes, a...Ch. B.2 - Compound interest. If $1,000 is invested at 5...Ch. B.2 - Compound interest. If $P is invested at 100r...Ch. B.3 - Evaluate. (A)4!(B)7!6!(C)8!5!Ch. B.3 - Find A5C2B6C0Ch. B.3 - Use the binomial theorem to expand x+25.Ch. B.3 - Use the binomial theorem to find the fourth term...Ch. B.3 - In Problems 1-20, evaluate each expression. 6!Ch. B.3 - In Problems 1-20, evaluate each expression. 7!Ch. B.3 - In Problems 1-20, evaluate each expression. 10!9!Ch. B.3 - In Problems 1-20, evaluate each expression. 20!19!Ch. B.3 - In Problems 1-20, evaluate each expression. 12!9!Ch. B.3 - In Problems 1-20, evaluate each expression. 10!6!Ch. B.3 - In Problems 1-20, evaluate each expression. 5!2!3!Ch. B.3 - In Problems 1-20, evaluate each expression. 7!3!4!Ch. B.3 - In Problems 1-20, evaluate each expression....Ch. B.3 - In Problems 1-20, evaluate each expression....Ch. B.3 - In Problems 1-20, evaluate each expression....Ch. B.3 - In Problems 1-20, evaluate each expression....Ch. B.3 - In Problems 1-20, evaluate each expression. 5C3Ch. B.3 - In Problems 1-20, evaluate each expression. 7C3Ch. B.3 - In Problems 1-20, evaluate each expression. 6C5Ch. B.3 - In Problems 1-20, evaluate each expression. 7C4Ch. B.3 - In Problems 1-20, evaluate each expression. 5C0Ch. B.3 - In Problems 1-20, evaluate each expression. 5C5Ch. B.3 - In Problems 1-20, evaluate each expression. 18C15Ch. B.3 - In Problems 1-20, evaluate each expression. 18C3Ch. B.3 - Expand each expression in Problems 21-26 using the...Ch. B.3 - Expand each expression in Problems 21-26 using the...Ch. B.3 - Expand each expression in Problems 21-26 using the...Ch. B.3 - Expand each expression in Problems 21-26 using the...Ch. B.3 - Expand each expression in Problems 21-26 using the...Ch. B.3 - Expand each expression in Problems 21-26 using the...Ch. B.3 - Find the indicated term in each expansion in...Ch. B.3 - Find the indicated term in each expansion in...Ch. B.3 - Find the indicated term in each expansion in...Ch. B.3 - Find the indicated term in each expansion in...Ch. B.3 - Find the indicated term in each expansion in...Ch. B.3 - Find the indicated term in each expansion in...Ch. B.3 - Show that nC0=nCnforn0.Ch. B.3 - Show that nCr=nCnrfornr0.Ch. B.3 - The triangle shown here is called Pascal’s...Ch. B.3 - Explain why the sum of the entries in each row of...Ch. B.3 - Explain why the alternating sum of the entries in...Ch. B.3 - Show that nCr=nr+1rnCr1fornr1.Ch. B.3 - Show that nCr1+nCr=n+1Crfornr1.
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