Mat2035
Case Study # 5
Bayes Formula
Last year your company has hired a consultant to help you with worker issues. The firm felt a screening
test given to applicants before they are hired would help the situation. The test gave an employee a
rating of exc
Mat2035
Case Study # 3
Home Payments
Is it better to pay off a home loan early or is investing excess capital a better idea? You are to analyze the
situation.
Assume your taxable income is $100,000 and you itemize your deductions.
You have a $200,000 mort
Mat2035
Case Study # 6
Life Insurance
Life insurance companies are concerned with expected values, namely the expected value that a policy
holder will live next year. Using the hypothetical value of costs below, and the actual data from the
social securit
Steven Tristan
mat2035 section 2.1 aplication 92(12th edition)
A)
p(x) = 2000 -60x
R(x) = xp(x) = x(2000-60x)
C(x) = 4000 + 500x
P(x) = (x(2000-60x) - (4000+500x)
Domain = 1 <= x <= 25
B) Below is a example of my work of how I found the coresponding answe
mat 2035 section 2.3 exersize 66 (12 edition)
Steven tristan
R = x(2000-60x) = 2000x-60^2
C = 4000+500x
P = (2000x-60^2)-(4000+500x)
Revenue values
x
y
5
8500
10
14000
25
12500
Graph for part A
20000
16500
14000
15000
Cost values
x
y
5
10
25
Profit values
Steven Tristan
mat 2035 section 2.2 aplication 68 (12th edition )
A)
T(x) = 0.035x ; 0 <= x <= 15000
T(x) = 525 + (x -15000)0.0625) ; 15000 < x <=30000
T(x) = 1462.50 + (x -30000)0.0645) ; x > 30000
B) I used my calculator and the graphing Piecewise funct