Final Examination Math 540 Quantitative Methods Good luck on the exam. I hope you have enjoyed the course. Dr. West Multiple Choice (2 points each) (Select 8 – drop 1) ______1) For your project‚ what one way will not possibly generate increased profit? a) Increase your building space or lot size. b) Decrease the money paid to employees. c) Refinance the loan at a lower rate. d) Charge more for
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CLICK TO DOWNLOAD MAT 540 Midterm Exam 1. Deterministic techniques assume that no uncertainty exists in model parameters. 2. A continuous random variable may assume only integer values within a given interval. 3. An inspector correctly identifies defective products 90% of the time. For the next 10 products‚ the probability that he makes fewer than 2 incorrect inspections is 0.736. 4. A decision tree is a diagram consisting of circles decision nodes‚ square probability nodes‚ and
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Investment A pays $250 at the beginning of every year for the next 10 years (a total of 10 payments). | Correct Answer: | Investment A pays $250 at the beginning of every year for the next 10 years (a total of 10 payments). | | | | | * Question 5 2 out of 2 points | | | Which of the following statements is CORRECT?Answer | | | | | Selected Answer: | The cash flows for an annuity due must all occur at the beginning of the periods. | Correct Answer: | The cash flows for
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MA1506 TUTORIAL 1 1. Solve the following differential equations: (a) x(x + 1)y = 1 (b) (sec(x))y = cos(5x) (c) y = e(x−3y) (d) (1 + y)y + (1 − 2x)y 2 = 0 Use www.graphmatica.com to sketch the functions you found as solutions of [a]-[d]‚ if y = 1/2 at x = 1. Graphmatica can also directly sketch the graph if you insert the equation itself; for example‚ in [a] you just enter x(x + 1)dy = 1 {1‚ 1/2}. [curly brackets for the initial conditions‚ with x followed by y.] Here dy represents
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Chapter 1 - Section 1.1 Write the interval of real numbers in interval notation and graph it. See Example 5. 50. The set of real numbers less than or equal to -4 Consider the following nine integers: -4‚ -3‚ -2‚ -1‚ 0‚ 1‚ 2‚ 3‚ 4 94. Which of these integers has an absolute value greater than 1? Solution: -4‚ -3‚ -2‚ 2‚ 3‚ 4 Write the interval notation for the interval of real numbers shown in the graph. __________________ -50 -40 -30 -20
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CLICK TO DOWNLOAD MAT 540 MIDTERM EXAM 1. Regret is the difference between the payoff from the best decision and all other decision payoffs. 2. Variable costs are independent of volume and remain constant. 3. Regret is the difference between the payoff from the 4 A _________ period of real time is represented by a __________ period of simulated time. 5. A seasonal pattern is an up-and-down repetitive movement within a trend occurring periodically 6. A trend is a gradual‚
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CLICK TO DOWNLOAD MAT 540 MIDTERM EXAM 1. Deterministic techniques assume that no uncertainty exists in model parameters. 2. A continuous random variable may assume only integer values within a given interval. 3. A joint probability is the probability that two or more events that are mutually exclusive can occur simultaneously. 4. A decision tree is a diagram consisting of circles decision nodes‚ square probability nodes‚ and branches. 5. A table of random numbers must be
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Julia’s Food Booth MAT 540: Quantiative Methods Professor Paul Hollandsworth February 28‚ 2013 Julia’s Food Booth * (A) Formulate and solve an L.P. model for this case. * Please see attached excel file. * (B) Evaluate the prospect of borrowing money before the first game. * Julia does not need to borrow money if she does not want to. She can still make over $1000 profit without it. However‚ She will not be able to hire help and stay above $1000. If she was to decide to
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MAT 540 Quiz 4 1.___________is maximized in the objective function by subtracting cost from revenue Profit Revenue Cost Productivity 2. In a media selection problem‚ instead of having an objective of maximizing profit or minimizing cost‚ generally the objective is to maximize the audience exposure True False 3. Media selection is an important decision that advertisers have to make. In most media selection decisions‚ the objective of the decision maker is to minimize cost. True False 4. The
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Patterns of Nonmarital Childbearing in U.S. MAT 540 Statistical Concepts for Research Ashford University Patterns of Nonmarital Childbearing in U.S. Introduction Trends in nonmarital childbearing in the U.S. have increased steadily since 1970 for non-Hispanic white‚ Black‚ Hispanic‚ and Asian women across all age groups (Wildsmith‚ Steward-Streng‚ and Manlove‚ 2011). Windsmith et al (2011) stated that the rise in the number of children being born outside of marriage among all ethnic and
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