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Exponents, graphs, and equations

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1. A factory working at 83% of capacity produces 231 widgets per day. How many widgets would it produce if it worked at full capacity?

2. Solve for X: x - 2.4 = 1.5
.3

3. Simplify: (Recall: x-3 = 1/x3)

91/2 a2/3 b-1/5
b4/5

4. PROTRAC, Inc. produces two lines of heavy equipment. One of these product line (E-9), termed earthmoving equipment, is essentially for construction applications. The other line (F-9) is for forestry use. The two lines are produced in the same departments (A and B) with the same machines. For next month's production, Dept. A has 150 hours available and Dept. B has 120 hours available. The table below summarizes this information:

HOURS NEEDED PER UNIT
DEPT. A DEPT.B
Per E-9 10 12
Per F-9 15 8

Total Available 150 120

Let X represent the number of E-9's produced next month and let Y represent the number of F-9's produced next month. Write and expression involving X and Y based on the data above for Dept. A.

5. Under which scenario is the final price of the stock higher? Explaiin
A. The price goes up by 5% and then down by 5%
B. The price goes down by 5% and then up by 5%

6. Sketch the graph of the line y= -2x + 4. What is the slope of the line?

7. Find the point where the two lines meet.

y = -2x + 4
x - 2y = 4

8. For the function f(x) = x - 2
x - 4

A. Find f(8)
B. Are there any values for which f(x) is not defined? Explain.

9. A company has the following total cost and total revenue functions when producing and selling Q units of a product.

TC = 15Q + 100 TR = Q2

Find the breakeven values. Also, sketch below the cost and revenue functions showing the breakeven values. Put Q on the horizontal Axis and TC and TR on the vertical axis.

10. Hoe much money will you have in an account two years from now, if today you deposit $100 into that account and the interest rate is 10% per year compounded semi-annually?

11. What amount would be needed now in order to generate $1000 five years from now id the interest is 3.7% per year compounded annually?

12. Solve for X: logx 16 = 4

Evaluate to 3 decimal places LN 7 =

13. An economist want to use the percentage change in productivity in the U.S. (X) to predict the percent change in the Standard & Poor's index (Y). He ran a regression using data for a period of 50 years and the following model was produced:
Y = -5.0 +7X

A. Use the model to predict the percentage change in the S&P if the percentage change in productivity is @% (X=2)
B. Identify the Y-intercept of this line. Interpret that number in terms of the model.
C. Identify the slope. Interpret that number in terms of the model.

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Solution Summary

There are a variety of topics covered in this solution including: percentage, solving for a variable, simplifying exponents and fractions, graphing equations of lines, points of intersection, points at which a function is undefined, logarithms and natural logs.

Solution provided by:
Education
  • BSc , Wuhan Univ. China
  • MA, Shandong Univ.
Recent Feedback
  • "Your solution, looks excellent. I recognize things from previous chapters. I have seen the standard deviation formula you used to get 5.154. I do understand the Central Limit Theorem needs the sample size (n) to be greater than 30, we have 100. I do understand the sample mean(s) of the population will follow a normal distribution, and that CLT states the sample mean of population is the population (mean), we have 143.74. But when and WHY do we use the standard deviation formula where you got 5.154. WHEN & Why use standard deviation of the sample mean. I don't understand, why don't we simply use the "100" I understand that standard deviation is the square root of variance. I do understand that the variance is the square of the differences of each sample data value minus the mean. But somehow, why not use 100, why use standard deviation of sample mean? Please help explain."
  • "excellent work"
  • "Thank you so much for all of your help!!! I will be posting another assignment. Please let me know (once posted), if the credits I'm offering is enough or you ! Thanks again!"
  • "Thank you"
  • "Thank you very much for your valuable time and assistance!"
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