Mathematics Level A. Højere handelseksamen. Friday May 19, 2017 At hhx171-mat/a

Size: px
Start display at page:

Download "Mathematics Level A. Højere handelseksamen. Friday May 19, 2017 At hhx171-mat/a"

Transcription

1 Mathematics Level A Højere handelseksamen hhx171-mat/a Friday May 19, 2017 At

2 Mathematics A The paper consists of two partial tests. The partial test without Tools consist of the exercises 1 to 5, i.e. all in all 5 questions. The answers to this partial test must be handed in by 10am. The partial test with Tools consists of the exercises 6 to 12, i.e. all in all 18 questions. The 23 questions each carry a weight of 5 points in the assessment of the total paper. You are only to hand in one of the assignments 12A, 12B and 12C. If you hand in more of these assignments, only the first assignment will be assessed. During the first hour of the test tools apart from writing and drawing tools are not allowed. In the last 3 hours of the test all tools are allowed. In the assessment of the answers to the individual questions and the overall impression emphasis will be put on whether the examinee s train of thought is clearly reflected in the answers. The paper must account for the method used and documentation in the form of a sufficient number of intermediate results and/or a mathematical explanation of the use of different facilities offered by an IT program. If graphs and illustrations are used there must be a clear relationship between text and illustration. The following two data files belong to this set of exam questions: hotels washing machine

3 Friday May 19, 2017 page 1 of 9 The partial test without Tools At Exercise 1 f 4 2 A function is given by the equation f( x) x 4x 7x 19. a) Find f ( x) and check whether the graph of f has a tangent with a positive slope when x 1. Exercise 2 The graph shows the cumulative frequency of the length of Danish trawlers. 100 relative cumulative frequency in percent length in meters a) Find the 25th percentile and find the proportion of Danish trawlers with a length of more than 40 meters. You may use attachment 1. Source: dst.dk/fisk1

4 Friday May 19, 2017 page 2 of 9 Exercise 3 Graphs of three functions y f( x) 6 x 0.5 gx ( ) hx ( ) 6 0.5x x 6 4 C have been drawn in the same coordinate system a) Account for which graph belongs to, and h, respectively. f g 2 A B x Exercise 4 R C The revenue (in DKK 1000) and the costs (in DKK 1000) of the production and sales are found by the functions with the equations Rx x x x 1 2 ( ) 7, Cx ( ) 2x 9, 0 x 20 where x is the produced and sold quantity of the commodity in tons. DKK 1000 R C a) Find the interval on which the revenue is greater than the costs. quantity in tons Exercise 5 A function f is given by the equation f x x x 3 2 ( ) a) Find the antiderivative F of f, going through P(1, 7). The answers to the test without tools must be turned in by 10.00

5 Friday May 19, 2017 page 3 of 9 The partial test with Tools At Exercise 6 Below the point of intersection between the functions f( x) x and gx ( ) x has been found. a) You must give explanations to the calculations. You may use attachment 2. f() x gx () x x x x 2 y The point of intersection is ( xy, ) (2,28.80). Exercise 7 The function f( x) x ln( x) 1, x 0 can be described by different characteristics, e.g.: The zeros/roots The sign variation The monotonicity The extrema The curvature a) Of the characteristics mentioned above find three for the function f and mark the results found on a graph of f.

6 Friday May 19, 2017 page 4 of 9 Exercise 8 In a survey of 1854 representative chosen Danes made by Kompas Kommunikation for Hotels.com the following question among others was asked: Have you ever booked a vacation (e.g. flights, hotel, package deals) using an app or a homepage on your cell phone/smartphone? The table below shows an excerpt of data found in the file hotels. Booked via cell phone? Age group Yes 60+ years No 60+ years No years : : a) Make a table like the one below containing data from the survey years years years 60+ years Total Yes No Total 1854 Hotels.com wishes to check whether there is a correlation between the Danes answers to the question and which age group they belong to. b) State a hypothesis that can be used to test this correlation and test the hypothesis at a 5% significance level. From the survey an estimate of the proportion among Danes in the age group years answering Yes to the question can be calculated to p c) Find a 95% confidence interval for this proportion. Assume that the proportion of Danes in the age group years that answers Yes to the question is p 32.9%. d) Find the probability of a maximum of 25 out of 100 Danes between the ages of answering Yes to the question. Source: hotels.com

7 Friday May 19, 2017 page 5 of 9 Exercise 9 A consumer group examines the prices of washing machines that can be bought online. The group has taken a sample of 30 front-loading washing machines from different online stores. The table below shows an excerpt of data found in the file washing machine. Yearly energy consumption (kwh) Price in DKK : : a) Make a graphical presentation of the prices of the washing machines. b) Find the mean, the median and the 25th percentile of the prices. c) Make a linear regression model px ( ) a x b, describing the correlation between the yearly energy consumption x and the price y. d) Based on your answers to questions a), b) and c) write a short comment to the consumer group s magazine Exercise 10 The following three functions have been drawn in the same coordinate system. Sources: wupti.com, skousen.com, elgiganten.com, power.com 2 f( x) x 9x 2 gx ( ) x 5x hx ( ) x y The points of intersection A, B, and C between the graph of h and the graphs of f and g have been marked on the figure. a) Find the coordinates of points A, B, and C. A B g C f h x b) Find the area of the grey field in the figure.

8 Friday May 19, 2017 page 6 of 9 Exercise 11 For a commodity A the relationship between demand and price is found by the function Dx ( ) x 2400, 0 x where x denotes the quantity demanded and Dx () denotes the corresponding price. The relationship between supply and price for the same commodity A is found by the function Sx ( ) x 700, 0 x where x denotes the quantity supplied and Sx ( ) denotes the corresponding price. The equilibrium quantity is defined as the quantity making supply and demand equal, i.e. Dx () Sx (). a) Find the equilibrium quantity and the corresponding price of commodity A. price 2000 E U quantity A unit duty of DKK T is now added to the commodity. The relationship between demand and price can still be described by the function Dx (), whereas the relationship between supply and price now can be described by the function S ( x) x 700 T, 0 x T The unit duty gives a new equilibrium quantity m. The equilibrium quantity m is a solution to the equation S( x) Dx ( ). b) Find the equilibrium quantity m in terms of T i.e. isolate m in the equation m 700 T m 2400 T You may use a CAS-tool.

9 The tax revenue SP at a unit duty of DKK can be found as the equilibrium quantity m times the unit duty, i.e. T SP m T T Friday May 19, 2017 page 7 of 9 c) Find m at a unit duty of DKK T 500 and find the corresponding tax revenue SP. d) Account for the tax revenue SP as a function of being found by 2 SP( T) 25T 42500T T and find the unit duty that gives the highest tax revenue. price 3000 E UT U SP m quantity

10 Friday May 19, 2017 page 8 of 9 You may only turn in one of the exercises 12A, 12B, and 12C for assessment. If you turn in more of these exercises, only the first exercise will be assessed. Exercise 12A A student wishes to take a student loan for the rest of her expected study time. From September 1, 2016 and until July 1, 2018 the student can borrow DKK 3020 per month. During the education the interest rate is 0.33% per month. a) Find the size of the debt right after the last payment of DKK The repayment of the loan starts on January 1, The loan accrues interest for 18 periods at an interest rate of 0,33% until the repayment starts. b) Find the size of the debt on January , and find the monthly payment when the loan is being repaid over 6 years at an interest rate of 0.29% per year. Student loans (SU) My SU apply online Rates for loans Deadlines Amortizing Loan plan Increased loan Final loan Types of loans and interest rates Student loans since 1991 Student loans Student loans since 1991 Student loans paid since 1991 a loan 6 For a loan 6 the interest rate is four percent per year during your studies. After you have graduated the debt accrues interest according to the discount rate plus an extra fee (of maximum one percent) or minus a deduction. The extra fee/the deduction is determined in the yearly Finance Bill. You must start amortizing a loan 6 from January 1st one year after the end of the year in which you graduated (unless you also have a loan 4 and/or a loan 5). If for instance you graduate on June 30th 2009 you must start amortizing the loan on January 1st The final loan paid since 1994 We administer a final loan as a loan 6 unless you also have a loan 4 and/or a loan 5. Source:

11 Friday May 19, 2017 page 9 of 9 Exercise 12B The productivity of a newly hired employee for a given production company can be measured by the production time function. Tn ( ) denotes the employee s production time of the n th unit of the commodity. The production time fulfills the following differential equation T T ( n) 0.08 ( Tn ( ) 25), n 1 It is given that the employee s production time of the first unit of the commodity is 42 minutes, i.e. T(1) 42. a) Find an equation for T and find how many units must be produced for the production time to be under 30 minutes per unit. b) Find T (10) and account for what this number shows about the productivity. Exercise 12C A company produces and sells two kinds of protein powder FIT100 and MUSCLE-P. The production includes the mixing of different chemical substances under heating after which the substance is purified. To produce one kg of FIT minutes are needed for the mixing and 10 minutes for the purification. To produce one kg of MUSCLE-P 20 minutes are needed for the mixing and 12 minutes for the purification. There are a maximum of minutes per week available for the mixing and a maximum of 8400 minutes per week available for the purification. The company earns a profit of DKK 40 per kg FIT100 and DKK 60 per kg MUSCLE-P. FIT100 MUSCLE-P Maximum capacity Time consumption mixing Time consumption purifying Profit per kg in DKK The function f(, xy) a x b y denotes the total weekly profit. a) Draw the polygon area defined by the constraints above and find the quantity of FIT100 and the quantity of MUSCLE-P, which gives the company the biggest total weekly profit. b) Find out by how much the profit of MUSCLE-P can decrease without changing the optimal combination of FIT100 and MUSCLE-P found in question a).

12 EGYM E

Matematik B. Højere handelseksamen. Mathematics Level B. Thursday August 17, hhx172-mat/b

Matematik B. Højere handelseksamen. Mathematics Level B. Thursday August 17, hhx172-mat/b Matematik B Mathematics Level B Højere handelseksamen hhx172-mat/b-17082017 Thursday August 17, 2017 9.00 13.00 Mathematics B The paper consists of two partial tests. The partial test without Tools consists

More information

Mathematics Level B. Højere handelseksamen. Friday May 19, 2017 At hhx171-mat/b

Mathematics Level B. Højere handelseksamen. Friday May 19, 2017 At hhx171-mat/b Mathematics Level B Højere handelseksamen hhx171-mat/b-19052017 Friday May 19, 2017 At 9.00 13.00 Mathematics B The paper consists of two partial tests. The partial test without Tools consists of assignment

More information

THE USE OF A CALCULATOR, CELL PHONE, OR ANY OTHER ELECTRONIC DEVICE IS NOT PERMITTED DURING THIS EXAMINATION.

THE USE OF A CALCULATOR, CELL PHONE, OR ANY OTHER ELECTRONIC DEVICE IS NOT PERMITTED DURING THIS EXAMINATION. MATH 110 FINAL EXAM **Test** December 14, 2009 TEST VERSION A NAME STUDENT NUMBER INSTRUCTOR SECTION NUMBER This examination will be machine processed by the University Testing Service. Use only a number

More information

Math 1314 Week 6 Session Notes

Math 1314 Week 6 Session Notes Math 1314 Week 6 Session Notes A few remaining examples from Lesson 7: 0.15 Example 17: The model Nt ( ) = 34.4(1 +.315 t) gives the number of people in the US who are between the ages of 45 and 55. Note,

More information

Additional Review Exam 1 MATH 2053 Please note not all questions will be taken off of this. Study homework and in class notes as well!

Additional Review Exam 1 MATH 2053 Please note not all questions will be taken off of this. Study homework and in class notes as well! Additional Review Exam 1 MATH 2053 Please note not all questions will be taken off of this. Study homework and in class notes as well! x 2 1 1. Calculate lim x 1 x + 1. (a) 2 (b) 1 (c) (d) 2 (e) the limit

More information

You may be given raw data concerning costs and revenues. In that case, you ll need to start by finding functions to represent cost and revenue.

You may be given raw data concerning costs and revenues. In that case, you ll need to start by finding functions to represent cost and revenue. Example 2: Suppose a company can model its costs according to the function 3 2 Cx ( ) 0.000003x 0.04x 200x 70, 000 where Cxis ( ) given in dollars and demand can be modeled by p 0.02x 300. a. Find the

More information

Note: I gave a few examples of nearly each of these. eg. #17 and #18 are the same type of problem.

Note: I gave a few examples of nearly each of these. eg. #17 and #18 are the same type of problem. Study Guide for Exam 3 Sections covered: 3.6, Ch 5 and Ch 7 Exam highlights 1 implicit differentiation 3 plain derivatives 3 plain antiderivatives (1 with substitution) 1 Find and interpret Partial Derivatives

More information

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. C) y = - 39x - 80 D) y = x + 8 5

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. C) y = - 39x - 80 D) y = x + 8 5 Assn 3.4-3.7 Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Find the equation of the tangent line to the curve when x has the given value. 1)

More information

Final Exam Sample Problems

Final Exam Sample Problems MATH 00 Sec. Final Exam Sample Problems Please READ this! We will have the final exam on Monday, May rd from 0:0 a.m. to 2:0 p.m.. Here are sample problems for the new materials and the problems from the

More information

Section Linear Functions and Math Models

Section Linear Functions and Math Models Section 1.1 - Linear Functions and Math Models Lines: Four basic things to know 1. The slope of the line 2. The equation of the line 3. The x-intercept 4. The y-intercept 1. Slope: If (x 1, y 1 ) and (x

More information

Example 11: A country s gross domestic product (in millions of dollars) is modeled by the function

Example 11: A country s gross domestic product (in millions of dollars) is modeled by the function Math 1314 Lesson 7 With this group of word problems, the first step will be to determine what kind of problem we have for each problem. Does it ask for a function value (FV), a rate of change (ROC) or

More information

rise m x run The slope is a ratio of how y changes as x changes: Lines and Linear Modeling POINT-SLOPE form: y y1 m( x

rise m x run The slope is a ratio of how y changes as x changes: Lines and Linear Modeling POINT-SLOPE form: y y1 m( x Chapter 1 Notes 1 (c) Epstein, 013 Chapter 1 Notes (c) Epstein, 013 Chapter1: Lines and Linear Modeling POINT-SLOPE form: y y1 m( x x1) 1.1 The Cartesian Coordinate System A properly laeled set of axes

More information

Name Date Student id #:

Name Date Student id #: Math1090 Final Exam Spring, 2016 Instructor: Name Date Student id #: Instructions: Please show all of your work as partial credit will be given where appropriate, and there may be no credit given for problems

More information

Section 9.1 Solving Linear Inequalities

Section 9.1 Solving Linear Inequalities Section 9.1 Solving Linear Inequalities We know that a linear equation in x can be expressed as ax + b = 0. A linear inequality in x can be written in one of the following forms: ax + b < 0, ax + b 0,

More information

Name: Math 10250, Final Exam - Version A May 8, 2007

Name: Math 10250, Final Exam - Version A May 8, 2007 Math 050, Final Exam - Version A May 8, 007 Be sure that you have all 6 pages of the test. Calculators are allowed for this examination. The exam lasts for two hours. The Honor Code is in effect for this

More information

GOOD LUCK! 2. a b c d e 12. a b c d e. 3. a b c d e 13. a b c d e. 4. a b c d e 14. a b c d e. 5. a b c d e 15. a b c d e. 6. a b c d e 16.

GOOD LUCK! 2. a b c d e 12. a b c d e. 3. a b c d e 13. a b c d e. 4. a b c d e 14. a b c d e. 5. a b c d e 15. a b c d e. 6. a b c d e 16. MA109 College Algebra Spring 2017 Exam2 2017-03-08 Name: Sec.: Do not remove this answer page you will turn in the entire exam. You have two hours to do this exam. No books or notes may be used. You may

More information

BARUCH COLLEGE MATH 2003 SPRING 2006 MANUAL FOR THE UNIFORM FINAL EXAMINATION

BARUCH COLLEGE MATH 2003 SPRING 2006 MANUAL FOR THE UNIFORM FINAL EXAMINATION BARUCH COLLEGE MATH 003 SPRING 006 MANUAL FOR THE UNIFORM FINAL EXAMINATION The final examination for Math 003 will consist of two parts. Part I: Part II: This part will consist of 5 questions similar

More information

Math Fundamental Principles of Calculus Final - Fall 2015 December 14th, 2015

Math Fundamental Principles of Calculus Final - Fall 2015 December 14th, 2015 Math 118 - Fundamental Principles of Calculus Final - Fall 2015 December 14th, 2015 Directions. Fill out your name, signature and student ID number on the lines below right now, before starting the exam!

More information

2. Find the marginal profit if a profit function is (2x 2 4x + 4)e 4x and simplify.

2. Find the marginal profit if a profit function is (2x 2 4x + 4)e 4x and simplify. Additional Review Exam 2 MATH 2053 The only formula that will be provided is for economic lot size (section 12.3) as announced in class, no WebWork questions were given on this. km q = 2a Please note not

More information

EXAM #2 Review. Spring Name: MATH 142, Drost Section # Seat #

EXAM #2 Review. Spring Name: MATH 142, Drost Section # Seat # Spring 2010 1 EXAM #2 Review Name: MATH 142, Drost Section # Seat # 1. Katy s Kitchen has a total cost function of C(x) = x + 25 to make x jars of jam, and C(x) is measured in dollars. The revenue in dollars,

More information

b. Find an expression for the machine s book value in the t-th year of use (0 < t < 15).

b. Find an expression for the machine s book value in the t-th year of use (0 < t < 15). Section 1.5: Linear Models An asset is an item owned that has value. Linear Depreciation refers to the amount of decrease in the book value of an asset. The purchase price, also known as original cost,

More information

Final Exam Review - Business Calculus - Spring x x

Final Exam Review - Business Calculus - Spring x x Final Exam Review - Business Calculus - Spring 2016 Name: 1. (a) Find limit lim x 1 x 1 x 1 (b) Find limit lim x 0 x + 2 4 x 1 2. Use the definition of derivative: dy dx = lim f(x + h) f(x) h 0 h Given

More information

Exam Review. Exam Review

Exam Review. Exam Review Chain Rule Chain Rule d dx g(f (x)) = g (f (x))f (x) Chain Rule d dx g(f (x)) = g (f (x))f (x) Write all roots as powers Chain Rule d dx g(f (x)) = g (f (x))f (x) Write all roots as powers ( d dx ) 1 2

More information

Symmetric Game. In animal behaviour a typical realization involves two parents balancing their individual investment in the common

Symmetric Game. In animal behaviour a typical realization involves two parents balancing their individual investment in the common Symmetric Game Consider the following -person game. Each player has a strategy which is a number x (0 x 1), thought of as the player s contribution to the common good. The net payoff to a player playing

More information

Math 116 Review A ball is thrown upward from the top of a 200-foot cliff. The initial velocity of the ball is 125 feet per

Math 116 Review A ball is thrown upward from the top of a 200-foot cliff. The initial velocity of the ball is 125 feet per Math 6 Review You may only use a calculator if the problem is labeled calc.. Find the equation of the tangent line that is tangent to the graph of f and parallel to the given line. Page of 5 f x x, line

More information

( ) 4 ( )! x f) h(x) = 2cos x + 1

( ) 4 ( )! x f) h(x) = 2cos x + 1 Chapter Prerequisite Skills BLM -.. Identifying Types of Functions. Identify the type of function (polynomial, rational, logarithmic, etc.) represented by each of the following. Justify your response.

More information

(AA12) QUANTITATIVE METHODS FOR BUSINESS

(AA12) QUANTITATIVE METHODS FOR BUSINESS All Rights Reserved ASSOCIATION OF ACCOUNTING TECHNICIANS OF SRI LANKA AA1 EXAMINATION - JULY 2016 (AA12) QUANTITATIVE METHODS FOR BUSINESS Instructions to candidates (Please Read Carefully): (1) Time

More information

BUSINESS MATHEMATICS & QUANTITATIVE METHODS

BUSINESS MATHEMATICS & QUANTITATIVE METHODS BUSINESS MATHEMATICS & QUANTITATIVE METHODS FORMATION 1 EXAMINATION - AUGUST 2009 NOTES: You are required to answer 5 questions. (If you provide answers to all questions, you must draw a clearly distinguishable

More information

Stats for Exam 1. Letter Score Range Frequency A 90 to B 80 to 89 3 C 70 to 79 4 D 60 to 69 4 F 59 and below 8

Stats for Exam 1. Letter Score Range Frequency A 90 to B 80 to 89 3 C 70 to 79 4 D 60 to 69 4 F 59 and below 8 Stats for Exam 1 Letter Score Range Frequency A 90 to 100 14 B 80 to 89 3 C 70 to 79 4 D 60 to 69 4 F 59 and below 8 High Score 100 two of them 75th percentile 94 Median 81 25th percentile 60 Low Score

More information

Calculus for Business Economics Life Sciences and Social Sciences 13th Edition Barnett SOLUTIONS MANUAL Full download at:

Calculus for Business Economics Life Sciences and Social Sciences 13th Edition Barnett SOLUTIONS MANUAL Full download at: Calculus for Business Economics Life Sciences and Social Sciences 1th Edition Barnett TEST BANK Full download at: https://testbankreal.com/download/calculus-for-business-economics-life-sciencesand-social-sciences-1th-edition-barnett-test-bank/

More information

MATH 105 CHAPTER 2 page 1

MATH 105 CHAPTER 2 page 1 MATH 105 CHAPTER 2 page 1 RATE OF CHANGE EXAMPLE: A company determines that the cost in dollars to manufacture x cases ofcdʼs Imitations of the Rich and Famous by Kevin Connors is given by C(x) =100 +15x

More information

Final Examination Re - Calculus I 21 December 2015

Final Examination Re - Calculus I 21 December 2015 . (5 points) Given the graph of f below, determine each of the following. Use, or does not exist where appropriate. y (a) (b) x 3 x 2 + (c) x 2 (d) x 2 (e) f(2) = (f) x (g) x (h) f (3) = 3 2 6 5 4 3 2

More information

MBA 7020 Sample Final Exam

MBA 7020 Sample Final Exam Descriptive Measures, Confidence Intervals MBA 7020 Sample Final Exam Given the following sample of weight measurements (in pounds) of 25 children aged 4, answer the following questions(1 through 3): 45,

More information

t g(t) h(t) k(t)

t g(t) h(t) k(t) Problem 1. Determine whether g(t), h(t), and k(t) could correspond to a linear function or an exponential function, or neither. If it is linear or exponential find the formula for the function, and then

More information

MA162: Finite mathematics

MA162: Finite mathematics MA162: Finite mathematics Paul Koester University of Kentucky September 4, 2013 Schedule: First Web Assign assignment due on Friday, September 6 by 6:00 pm. Second Web Assign assignment due on Tuesday,

More information

Study Guide - Part 1

Study Guide - Part 1 Math 116 Spring 2015 Study Guide - Part 1 1. Find the slope of a line that goes through the points (1, 5) and ( 3, 13). The slope is (A) Less than -1 (B) Between -1 and 1 (C) Between 1 and 3 (D) More than

More information

MODULE No. : 9 : Ordinal Utility Approach

MODULE No. : 9 : Ordinal Utility Approach Subject Paper No and Title Module No and Title Module Tag 2 :Managerial Economics 9 : Ordinal Utility Approach COM_P2_M9 TABLE OF CONTENTS 1. Learning Outcomes: Ordinal Utility approach 2. Introduction:

More information

Faculty: Sunil Kumar

Faculty: Sunil Kumar Objective of the Session To know about utility To know about indifference curve To know about consumer s surplus Choice and Utility Theory There is difference between preference and choice The consumers

More information

Revised: Spring2009 Huseyin Yuce and Urmi Ghosh-Dastidar Revised: Urmi Ghosh-Dastidar and Grazyna Niezgoda (Spring 2013)

Revised: Spring2009 Huseyin Yuce and Urmi Ghosh-Dastidar Revised: Urmi Ghosh-Dastidar and Grazyna Niezgoda (Spring 2013) MAT 1272 REVIEW FOR THE FINAL Profs. Han, Bruno, Chen, Singh Revised: Spring2009 Huseyin Yuce and Urmi Ghosh-Dastidar Revised: Urmi Ghosh-Dastidar and Grazyna Niezgoda (Spring 2013) 1) The following are

More information

BARUCH COLLEGE MATH 2205 SPRING MANUAL FOR THE UNIFORM FINAL EXAMINATION Joseph Collison, Warren Gordon, Walter Wang, April Allen Materowski

BARUCH COLLEGE MATH 2205 SPRING MANUAL FOR THE UNIFORM FINAL EXAMINATION Joseph Collison, Warren Gordon, Walter Wang, April Allen Materowski BARUCH COLLEGE MATH 05 SPRING 006 MANUAL FOR THE UNIFORM FINAL EXAMINATION Joseph Collison, Warren Gordon, Walter Wang, April Allen Materowski The final examination for Math 05 will consist of two parts.

More information

Mathematical Analysis II- Group Project

Mathematical Analysis II- Group Project Mathematical Analysis II- Group Project Student #1: Last Name First Name Student #2: Last Name First Name Functions used for the project: Price Function: Problem 1 Cost Function: Revenue Function: Problem

More information

Petrochemical Production p (Billions of metric tons)

Petrochemical Production p (Billions of metric tons) Off-Line Homework Section 1.1 WebAssign Section 1.1 #13 (ebook 1.1#42) The following table shows the annual petrochemical production p in Mexico by Pemex, Mexico s national oil company, for 2005-2010 (t

More information

Microeconomics 2nd Period Exam Solution Topics

Microeconomics 2nd Period Exam Solution Topics Microeconomics 2nd Period Exam Solution Topics Group I Suppose a representative firm in a perfectly competitive, constant-cost industry has a cost function: T C(q) = 2q 2 + 100q + 100 (a) If market demand

More information

Math 1090 Final Exam Fall 2012

Math 1090 Final Exam Fall 2012 Math 1090 Final Exam Fall 2012 Name Instructor: Student ID Number: Instructions: Show all work, as partial credit will be given where appropriate. If no work is shown, there may be no credit given. All

More information

PRINTABLE VERSION. Practice Final Exam

PRINTABLE VERSION. Practice Final Exam Page 1 of 25 PRINTABLE VERSION Practice Final Exam Question 1 The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to

More information

MA 162: Finite Mathematics - Chapter 1

MA 162: Finite Mathematics - Chapter 1 MA 162: Finite Mathematics - Chapter 1 Fall 2014 Ray Kremer University of Kentucky Linear Equations Linear equations are usually represented in one of three ways: 1 Slope-intercept form: y = mx + b 2 Point-Slope

More information

Math 116: Business Calculus

Math 116: Business Calculus Math 116: Business Calculus Instructor: Colin Clark Spring 2017 Exam 1 - Thursday February 9. 1.1 Slopes and Equations of Lines. 1.2 Linear Functions and Applications. 2.1 Properties of Functions. 2.2

More information

ECONOMICS QUALIFYING EXAMINATION IN ELEMENTARY MATHEMATICS

ECONOMICS QUALIFYING EXAMINATION IN ELEMENTARY MATHEMATICS ECONOMICS QUALIFYING EXAMINATION IN ELEMENTARY MATHEMATICS Friday 2 October 1998 9 to 12 This exam comprises two sections. Each carries 50% of the total marks for the paper. You should attempt all questions

More information

Exam 1 Review (Sections Covered: 1.3, 1.4, 2.1, 2.2, 2.3,2.4, 2.5, 3.2)

Exam 1 Review (Sections Covered: 1.3, 1.4, 2.1, 2.2, 2.3,2.4, 2.5, 3.2) Exam 1 Review (Sections Covered: 1.3, 1.4, 2.1, 2.2, 2.3,2.4, 2.5, 3.2) 1. Find the slope of the line that passes through the points ( 2, 6) and (10, 6). 2. Find the slope of the line that passes through

More information

Introduction to Functions Section 2.1

Introduction to Functions Section 2.1 Introduction to Functions Section 2.1 Notation Evaluation Solving Unit of measurement 1 Introductory Example: Fill the gas tank Your gas tank holds 12 gallons, but right now you re running on empty. As

More information

STARRY GOLD ACADEMY , , Page 1

STARRY GOLD ACADEMY , ,  Page 1 ICAN KNOWLEDGE LEVEL QUANTITATIVE TECHNIQUE IN BUSINESS MOCK EXAMINATION QUESTIONS FOR NOVEMBER 2016 DIET. INSTRUCTION: ATTEMPT ALL QUESTIONS IN THIS SECTION OBJECTIVE QUESTIONS Given the following sample

More information

Instantaneous rate of change (IRC) at the point x Slope of tangent

Instantaneous rate of change (IRC) at the point x Slope of tangent CHAPTER 2: Differentiation Do not study Sections 2.1 to 2.3. 2.4 Rates of change Rate of change (RC) = Two types Average rate of change (ARC) over the interval [, ] Slope of the line segment Instantaneous

More information

Chapter 5 Integration

Chapter 5 Integration Chapter 5 Integration Integration Anti differentiation: The Indefinite Integral Integration by Substitution The Definite Integral The Fundamental Theorem of Calculus 5.1 Anti differentiation: The Indefinite

More information

2014 EXAMINATIONS KNOWLEDGE LEVEL PAPER 3 : MANAGEMENT INFORMATION

2014 EXAMINATIONS KNOWLEDGE LEVEL PAPER 3 : MANAGEMENT INFORMATION EXAMINATION NO. 2014 EXAMINATIONS KNOWLEDGE LEVEL PAPER 3 : MANAGEMENT INFORMATION FRIDAY 5 DECEMBER 2014 TIME ALLOWED : 3 HOURS 9.00 AM - 12.00 NOON INSTRUCTIONS: - 1. You are allowed 15 minutes reading

More information

Math 1130 Final Exam Review SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.

Math 1130 Final Exam Review SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. Math 0 Final Exam Review SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. Provide an appropriate response. ) Solve: x - - x + 2 = x - 27 ) 2) Solve: (0-2x)(5

More information

GOOD LUCK! 2. a b c d e 12. a b c d e. 3. a b c d e 13. a b c d e. 4. a b c d e 14. a b c d e. 5. a b c d e 15. a b c d e. 6. a b c d e 16.

GOOD LUCK! 2. a b c d e 12. a b c d e. 3. a b c d e 13. a b c d e. 4. a b c d e 14. a b c d e. 5. a b c d e 15. a b c d e. 6. a b c d e 16. MA109 College Algebra Fall 017 Exam 017-10-18 Name: Sec.: Do not remove this answer page you will turn in the entire exam. You have two hours to do this exam. No books or notes may be used. You may use

More information

4.2 Rolle's Theorem and Mean Value Theorem

4.2 Rolle's Theorem and Mean Value Theorem 4.2 Rolle's Theorem and Mean Value Theorem Rolle's Theorem: Let f be continuous on the closed interval [a,b] and differentiable on the open interval (a,b). If f (a) = f (b), then there is at least one

More information

ECONOMICS SOLUTION BOOK 2ND PUC. Unit 2

ECONOMICS SOLUTION BOOK 2ND PUC. Unit 2 ECONOMICS SOLUTION BOOK N PUC Unit I. Choose the correct answer (each question carries mark). Utility is a) Objective b) Subjective c) Both a & b d) None of the above. The shape of an indifference curve

More information

Final Exam Review. b) lim. 3. Find the limit, if it exists. If the limit is infinite, indicate whether it is + or. [Sec. 2.

Final Exam Review. b) lim. 3. Find the limit, if it exists. If the limit is infinite, indicate whether it is + or. [Sec. 2. Final Exam Review Math 42G 2x, x >. Graph f(x) = { 8 x, x Find the following limits. a) lim x f(x). Label at least four points. [Sec. 2.4, 2.] b) lim f(x) x + c) lim f(x) = Exist/DNE (Circle one) x 2,

More information

Math Fall 2016 Final Exam December 10, Total 100

Math Fall 2016 Final Exam December 10, Total 100 Name: Math 111 - Fall 2016 Final Exam December 10, 2016 Section: Student ID Number: 1 15 2 13 3 14 4 15 5 13 6 15 7 15 Total 100 You are allowed to use a Ti-30x IIS Calculator (only this model!), a ruler,

More information

UNIVERSITY OF KWAZULU-NATAL

UNIVERSITY OF KWAZULU-NATAL UNIVERSITY OF KWAZULU-NATAL EXAMINATIONS: June 006 Subject, course and code: Mathematics 34 (MATH34P Duration: 3 hours Total Marks: 00 INTERNAL EXAMINERS: Mrs. A. Campbell, Mr. P. Horton, Dr. M. Banda

More information

Math 122 Calculus for Business Admin. and Social Sciences

Math 122 Calculus for Business Admin. and Social Sciences Math 122 Calculus for Business Admin. and Social Sciences Instructor: Ann Clifton Name: Exam #1 A July 3, 2018 Do not turn this page until told to do so. You will have a total of 1 hour 40 minutes to complete

More information

BUSINESS MATHEMATICS & QUANTITATIVE METHODS

BUSINESS MATHEMATICS & QUANTITATIVE METHODS BUSINESS MATHEMATICS & QUANTITATIVE METHODS FORMATION 1 EXAMINATION - APRIL 2010 NOTES: You are required to answer 5 questions. (If you provide answers to all questions, you must draw a clearly distinguishable

More information

You will be given five minutes at the end of the examination to complete the front of any answer books used. May/June 2016 EC /6 A 001

You will be given five minutes at the end of the examination to complete the front of any answer books used. May/June 2016 EC /6 A 001 On admission to the examination room, you should acquaint yourself with the instructions below. You must listen carefully to all instructions given by the invigilators. You may read the question paper,

More information

25 Increasing and Decreasing Functions

25 Increasing and Decreasing Functions - 25 Increasing and Decreasing Functions It is useful in mathematics to define whether a function is increasing or decreasing. In this section we will use the differential of a function to determine this

More information

Chapter 2-4 Review. Find the equation of the following graphs. Then state the domain and range: 1a) 1b) 1c)

Chapter 2-4 Review. Find the equation of the following graphs. Then state the domain and range: 1a) 1b) 1c) Chapter - Review Find the equation of the following graphs. Then state the domain and range: a) b) c) a) b) c) a) b) c) Find the domain of the following functions. Write your answer in interval notation:

More information

STATISTICS KEY POINTS

STATISTICS KEY POINTS STATISTICS KEY POINTS The three measures of central tendency are : i. Mean ii. Median iii. Mode Mean Of grouped frequency distribution can be calculated by the following methods. (i) (ii) (iii) Direct

More information

University of Toronto Department of Economics ECO 204 Summer 2013 Ajaz Hussain TEST 1 SOLUTIONS GOOD LUCK!

University of Toronto Department of Economics ECO 204 Summer 2013 Ajaz Hussain TEST 1 SOLUTIONS GOOD LUCK! University of Toronto Department of Economics ECO 204 Summer 2013 Ajaz Hussain TEST 1 SOLUTIONS TIME: 1 HOUR AND 50 MINUTES DO NOT HAVE A CELL PHONE ON YOUR DESK OR ON YOUR PERSON. ONLY AID ALLOWED: A

More information

P1 Performance Operations

P1 Performance Operations Pillar P P1 Performance Operations Instructions to candidates Specimen Examination Paper You are allowed three hours to answer this question paper. You are allowed 0 minutes reading time before the examination

More information

Homework 1 Due February 10, 2009 Chapters 1-4, and 18-24

Homework 1 Due February 10, 2009 Chapters 1-4, and 18-24 Homework Due February 0, 2009 Chapters -4, and 8-24 Make sure your graphs are scaled and labeled correctly. Note important points on the graphs and label them. Also be sure to label the axis on all of

More information

SYLLABUS AND SAMPLE QUESTIONS FOR MS(QE) Syllabus for ME I (Mathematics), 2012

SYLLABUS AND SAMPLE QUESTIONS FOR MS(QE) Syllabus for ME I (Mathematics), 2012 SYLLABUS AND SAMPLE QUESTIONS FOR MS(QE) 2012 Syllabus for ME I (Mathematics), 2012 Algebra: Binomial Theorem, AP, GP, HP, Exponential, Logarithmic Series, Sequence, Permutations and Combinations, Theory

More information

Extra Practice Chapter 6

Extra Practice Chapter 6 Extra Practice Chapter 6 Topics Include: Equation of a Line y = mx + b & Ax + By + C = 0 Graphing from Equations Parallel & Perpendicular Find an Equation given Solving Systems of Equations 6. - Practice:

More information

Chapter Fourteen: Simulation

Chapter Fourteen: Simulation TaylCh14ff.qxd 4/21/06 8:39 PM Page 213 Chapter Fourteen: Simulation PROBLEM SUMMARY 1. Rescue squad emergency calls PROBLEM SOLUTIONS 1. 2. Car arrivals at a service station 3. Machine breakdowns 4. Income

More information

Financial Applications Involving Exponential Functions

Financial Applications Involving Exponential Functions Section 6.5: Financial Applications Involving Exponential Functions When you invest money, your money earns interest, which means that after a period of time you will have more money than you started with.

More information

Economics II - Exercise Session # 3, October 8, Suggested Solution

Economics II - Exercise Session # 3, October 8, Suggested Solution Economics II - Exercise Session # 3, October 8, 2008 - Suggested Solution Problem 1: Assume a person has a utility function U = XY, and money income of $10,000, facing an initial price of X of $10 and

More information

Intro to Economic analysis

Intro to Economic analysis Intro to Economic analysis Alberto Bisin - NYU 1 The Consumer Problem Consider an agent choosing her consumption of goods 1 and 2 for a given budget. This is the workhorse of microeconomic theory. (Notice

More information

MTP_Foundation_Syllabus 2012_June2016_Set 1

MTP_Foundation_Syllabus 2012_June2016_Set 1 Paper- 4: FUNDAMENTALS OF BUSINESS MATHEMATICS AND STATISTICS Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper- 4: FUNDAMENTALS

More information

Exam A Questions Managerial Economics BA 445. Exam A Version 1

Exam A Questions Managerial Economics BA 445. Exam A Version 1 BA 445 Exam A Version 1 Dr. Jon Burke This is your Exam A. Exam A is a 100-minute exam (1hr. 40 min.). There are 6 questions (about 17 minutes per question). To avoid the temptation to cheat, you must

More information

* The Unlimited Plan costs $100 per month for as many minutes as you care to use.

* The Unlimited Plan costs $100 per month for as many minutes as you care to use. Problem: You walk into the new Herizon Wireless store, which just opened in the mall. They offer two different plans for voice (the data and text plans are separate): * The Unlimited Plan costs $100 per

More information

ECO 301 MACROECONOMIC THEORY UNIVERSITY OF MIAMI DEPARTMENT OF ECONOMICS FALL 2008 Instructor: Dr. S. Nuray Akin MIDTERM EXAM I

ECO 301 MACROECONOMIC THEORY UNIVERSITY OF MIAMI DEPARTMENT OF ECONOMICS FALL 2008 Instructor: Dr. S. Nuray Akin MIDTERM EXAM I ECO 301 MACROECONOMIC THEORY UNIVERSITY OF MIAMI DEPARTMENT OF ECONOMICS FALL 2008 Instructor: Dr. S. Nuray Akin MIDTERM EXAM I Name: Section: Instructions: This exam consists of 6 pages; please check

More information

1 Economical Applications

1 Economical Applications WEEK 4 Reading [SB], 3.6, pp. 58-69 1 Economical Applications 1.1 Production Function A production function y f(q) assigns to amount q of input the corresponding output y. Usually f is - increasing, that

More information

You are responsible for upholding the University of Maryland Honor Code while taking this exam.

You are responsible for upholding the University of Maryland Honor Code while taking this exam. Econ 300 Spring 013 First Midterm Exam version W Answers This exam consists of 5 multiple choice questions. The maximum duration of the exam is 50 minutes. 1. In the spaces provided on the scantron, write

More information

4.1 Exponential Functions. For Formula 1, the value of n is based on the frequency of compounding. Common frequencies include:

4.1 Exponential Functions. For Formula 1, the value of n is based on the frequency of compounding. Common frequencies include: 4.1 Exponential Functions Hartfield MATH 2040 Unit 4 Page 1 Recall from algebra the formulas for Compound Interest: Formula 1 For Discretely Compounded Interest A t P 1 r n nt Formula 2 Continuously Compounded

More information

TI-83 Plus Workshop. Al Maturo,

TI-83 Plus Workshop. Al Maturo, Solving Equations with one variable. Enter the equation into: Y 1 = x x 6 Y = x + 5x + 3 Y 3 = x 3 5x + 1 TI-83 Plus Workshop Al Maturo, AMATURO@las.ch We shall refer to this in print as f(x). We shall

More information

Partial Fractions. A rational function is a fraction in which both the numerator and denominator are polynomials. For example, f ( x) = 4, g( x) =

Partial Fractions. A rational function is a fraction in which both the numerator and denominator are polynomials. For example, f ( x) = 4, g( x) = Partial Fractions A rational function is a fraction in which both the numerator and denominator are polynomials. For example, f ( x) = 4, g( x) = 3 x 2 x + 5, and h( x) = x + 26 x 2 are rational functions.

More information

Quantitative Methods

Quantitative Methods THE ASSOCIATION OF BUSINESS EXECUTIVES DIPLOMA PART 2 QM Quantitative Methods afternoon 26 May 2004 1 Time allowed: 3 hours. 2 Answer any FOUR questions. 3 All questions carry 25 marks. Marks for subdivisions

More information

C03-Fundamentals of business mathematics

C03-Fundamentals of business mathematics mple Exam Paper Question 1 A retailer buys a box of a product, which nominally contains Q units. The planned selling price of each unit is P. If both P and Q have been rounded to ± 10%, then the maximum

More information

Eastern Mediterranean University Faculty of Business and Economics Department of Economics Fall Semester. ECON 101 Mid term Exam

Eastern Mediterranean University Faculty of Business and Economics Department of Economics Fall Semester. ECON 101 Mid term Exam Eastern Mediterranean University Faculty of Business and Economics Department of Economics 2014 15 Fall Semester ECON 101 Mid term Exam Suggested Solutions 28 November 2014 Duration: 90 minutes Name Surname:

More information

Intermediate Macroeconomics: Economics 301 Exam 1. October 4, 2012 B. Daniel

Intermediate Macroeconomics: Economics 301 Exam 1. October 4, 2012 B. Daniel October 4, 2012 B. Daniel Intermediate Macroeconomics: Economics 301 Exam 1 Name Answer all of the following questions. Each is worth 25 points. Label all axes, initial values and all values after shocks.

More information

Final Study Guide MATH 111

Final Study Guide MATH 111 Final Study Guide MATH 111 The final will be cumulative. There will probably be a very slight emphasis on the material from the second half of the class. In terms of the material in the first half, please

More information

: Chain Rule, Rules for Exponential and Logarithmic Functions, and Elasticity

: Chain Rule, Rules for Exponential and Logarithmic Functions, and Elasticity 4.3-4.5: Chain Rule, Rules for Exponential and Logarithmic Functions, and Elasticity The Chain Rule: Given y = f(g(x)). If the derivatives g (x) and f (g(x)) both exist, then y exists and (f(g(x))) = f

More information

Strategic Investment & Finance Solutions to Exercises

Strategic Investment & Finance Solutions to Exercises Strategic Investment & Finance Solutions to Exercises Exercise 1 Question a 40 30 30 20 20 0 1 2 3 4 5-100 With a discount rate equal to 10%: NPV 0 = 100 +40 1.1 1 +30 1.1 2 +30 1.1 3 +20 1.1 4 + 20 1.1

More information

INSTITUTE AND FACULTY OF ACTUARIES AUDIT TRAIL

INSTITUTE AND FACULTY OF ACTUARIES AUDIT TRAIL INSTITUTE AND FACULTY OF ACTUARIES AUDIT TRAIL April 2017 CA2: Model Documentation, Analysis and Reporting Paper 1 Institute and Faculty of Actuaries Student loan repayment model Objective The Dean of

More information

To keep our co-ordinates organised in Mathematical Literacy, we will always use a table. R4,50 R9,00 R22,50

To keep our co-ordinates organised in Mathematical Literacy, we will always use a table. R4,50 R9,00 R22,50 SESSION 1: GRAPHS Key Concepts In this session we will focus on summarising what you need to know about: Drawing graphs Interpreting graphs Simultaneous equations Profit, loss and break even X-planation

More information

Linear Modeling Business 5 Supply and Demand

Linear Modeling Business 5 Supply and Demand Linear Modeling Business 5 Supply and Demand Supply and demand is a fundamental concept in business. Demand looks at the Quantity (Q) of a product that will be sold with respect to the Price (P) the product

More information

SJAM MPM 1D Unit 5 Day 13

SJAM MPM 1D Unit 5 Day 13 Homework 1. Identify the dependent variable. a) The distance a person walks depends on the time they walk. b) The recipe for 1 muffins requires cups of flour. c) Houses need 1 fire alarm per floor.. Identify

More information

not to be republished NCERT Chapter 2 Consumer Behaviour 2.1 THE CONSUMER S BUDGET

not to be republished NCERT Chapter 2 Consumer Behaviour 2.1 THE CONSUMER S BUDGET Chapter 2 Theory y of Consumer Behaviour In this chapter, we will study the behaviour of an individual consumer in a market for final goods. The consumer has to decide on how much of each of the different

More information

m

m Chapter 1: Linear Equations a. Solving this problem is equivalent to finding an equation of a line that passes through the points (0, 24.5) and (30, 34). We use these two points to find the slope: 34 24.5

More information

(i.e. the rate of change of y with respect to x)

(i.e. the rate of change of y with respect to x) Section 1.3 - Linear Functions and Math Models Example 1: Questions we d like to answer: 1. What is the slope of the line? 2. What is the equation of the line? 3. What is the y-intercept? 4. What is the

More information

Exam 2 Review (Sections Covered: and )

Exam 2 Review (Sections Covered: and ) Exam 2 Review (Sections Covered: 4.1-4.5 and 5.1-5.6) 1. Find the derivative of the following. (a) f(x) = 1 2 x6 3x 4 + 6e x (b) A(s) = s 1/2 ln s ln(13) (c) f(x) = 5e x 8 ln x 2. Given below is the price-demand

More information