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Demographics Suppose that a government study showed that
Represents the percents of urban families,
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Chapter 3 Solutions
Mathematical Applications for the Management, Life, and Social Sciences
- Altmans z-score Altmans z-score is a financial tool for predicting insolvency in a business. For a certain company, the z-score formula is z=0.84+0.6StockpriceOutstandingsharesTotalliabilty In this exercise, we assume that thre are 45, 000 outstanding shares at a price of 4.80 each. a. Use L, for total liability, in dollard, and give a formula for the z-score for this company. b. Would a larger total liability idicate a better or worese outlook for the company? c. A z-score of 1.81 or lower indicates a high probability of insolvency. What is the smallest value of L that will give a z-score that indicates a high probability on insolvency?arrow_forwardCalculus Define T:P4P3 by T(p)=p. What is the kernel of T?arrow_forwardVoting-Age Population The total voting-age population P (in millions) in the United States from 1990 through 2014 can be modeled by P=184.64+0.7524t21+0.0028t2,0t24 where t represents the year, with t=0 corresponding to 1990. (a) In which year did the total voting-age population reach 210 million? (b) Use the model to predict when the total voting-age population will reach 260 million. Is this prediction reasonable? Explain.arrow_forward
- Water Flea F. E Smith has reported on population growth of the water flea. In one experiment, he found that the time t, in days, required to reach a population of N is given by the relation e0.44t=NN0(228N0228N)4.46. Here N0 is the initial population size. If the initial population size is 50, how long is required for the population to grow to 125?arrow_forwardGrazing Rabbits and Sheep This is a continuation of Exercise 21. In addition to the kangaroos, the major grazing mammals of Australia include merino sheep and rabbits. For sheep, the functional response is S=2.82.8e0.01V, and for rabbits, it is H=0.20.2e0.008V, Here S and H are the daily intake measured in pounds, and v is the vegetation biomass measured in pounds per acre. a. Find the satiation level for sheep and that for rabbits. b. One concern in the management of rangelands is whether the various species of grazing animals are forced to complete for food. It is thought that competition will not be a problem if the vegetation biomass level provides at least 90 of the satiation level for each species. What biomass level guarantees that competition between sheep and rabbits will not be problem?arrow_forwardStopping distance, The stopping distance of an automobile is the distance travelled during the driver’s reaction time plus the distance travelled after the driver applies the brakes. In an experiment, researchers measured these distances (in feet) when the automobile was traveling at a speed of x. miles per hour on dry, level pavement, as shown in the bar graph. The distance travelled during the reaction time R was R=1.1x and the braking distance B was B=0.0475x20.001x+0.23. (a) Determine the polynomial that represents the total stopping distance T. (b) Use the result of part (a) to estimate the total stopping distance when x=30,x=40, andx=55 miles per hour. (c) Use the bar graph to make a statement about the total stopping distance required forincreasing speeds.arrow_forward
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