FM Dept Final Exam Review Sp06
Finite Mathematics-Departmental Review Sheet
Spring 2006
(Finite Mathematics, an Applied Approach, 3rd Edition. Young, Lee, Long and Graening. Pearson, Addison Wesley,
2
2/22/2008
Terms
Section7.3
Sets
Set Welldefinedcollectionofobjects
Elementsobjectsinaset
A B
SubsetsSetAisasubsetofB(written)if
everyelementinAisalsoinB
SetEqualityTwosetsareequaliftheyare
subsetsofea
Section 8.2 Outcomes with Unequal Probability; Odds
General Rules for Probability
If a sample space, S, has a finite number of outcomes then:
1) The probability of each outcome is between 0 and 1 incl
Finite Math Section 6.1
Compound Interest Formula (Page 265)
A
P1
r
m
mt
= P(1+i)n
A = the accumulated or future balance; P = the principal or present balance;
r = annual interest rate in decimal form
Page 279
Example:
Find the future value of an annuity if $300 is deposited at the end of every month for two years
at 4.5% annual interest.
Page 281
Formula for the Future (Accumulated) Value of an Or
3/31/2008
Bayes's Theorem
Finite Math
Section 9.4
Bayes's Theorem
()
P AB =
()
P(A ) P B A
()
(
P(A ) P B A + P(A ) P B A
)
You use Baye's them when you
need to work from RIGHT to LEFT in
need to wor
3/31/2008
Conditions for a Binomial Experiment
Binomial Experiments
The same experiment is repeated many (n) times under the
same conditions. Each repetition is called a trial or a
Bernoulli trial.
On
1/29/2008
HowdoweusetheSimplex
Methodtosolvestandard
maximumtypeproblems
Section5.2
TheSimplexAlgorithm
SampleProblem:Maximizef=x+3y
subjectto:x + y 5
2x y 4
x 0, y 0
Step1)Inserttheslackvariables
and
FM Formulas F05
Finite Mathematics Formulas and Miscellany
Crowns Rules
must be used before the simplex algorithm if there are negative numbers in the rightmost column above the horizontal line
becaus
Finite Mathematics Quiz #1
Friday, January 25, 2008 Name
Show all your work on this paper. Solutions without correct supporting work will not b ccepted.
.. |
1. Minimize C = 2x + 3y (9 points) 0
Finite Mathematics Quiz #3
Friday, February 22, 2008 Name
Sections 6.1 7 6.3
Make sure you show all your work on this paper. Solutions without correct supporting work will not be
accepted.
1. Eduard
3/31/2008
Definitions
Intro to Statistics and
Frequency Distributions
Finite Mathematics
Section 10.1
Definitions, Continued
Population vs. Sample:
A population
includes all objects of interest wherea