Compound Interest Problem Set
Wayne Hacker 2007. All rights reserved
Problem Set 1: This problem is designed to teach the concept of compound interest to
students that know calculus. The first step i
Probability Distribution Problem Set
Wayne Hacker 2007. All rights reserved
Definition: Without getting into detail, a Random Variable X is a function from the set of
outcomes of an experiment into t
Hackernotes
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Homework Set 8: Introduction to Random Variables, Expected Value, and
Variance
Solutions
NOTE: For more
Hackernotes, Pima Community College
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Homework Set 9: Finite Random
Distributions, and Random Samples
Variables,
Binom
Hackernotes
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Problem Set 5: Basic Probability
NOTE: For more practice problems with solutions, see my class notes han
Hackernotes
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Problem Set 4: Elementary Set Theory
SOLUTIONS
Problems 1-10 Shade in the appropriate regions for the gi
Hackernotes
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Homework Set 2: Evaluating and Graphing Functions in Excel
Purpose: To use Excel to evaluate and graph f
Hackernotes, Pima Community College
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Homework Set 7: Law of Total Probability and Bayes Theorem
NOTE: For solutions,
Hackernotes: Business Math I
1
List of Topics
Topics relative to project 1:
1. Microsoft Equation Editor
2. Writing formulas and evaluating functions in Excel
3. Summation (Know how to do by hand, and
Hackernotes, Pima Community College
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Homework Set 6: Conditional Probability and Independence
NOTE: For solutions, se
Hackernotes: Project 1
1
Questions for project 1 written report
c
Copyright Wayne
Hacker 2008. All rights reserved.
Your boss has provided you with the following combinations of genre, location, and b
Hackernotes: Eller review
1
Review Topics
Eller Exam Questions
Basic Algebra Review
The Theory of Interest
Defining the variables
Simple interest
Compound interest
1. Discrete: Annual, General n
Use the Excel sort function found under: Data > Sort
to sort the data on sheets "problem1"-"problem5".
See the file "problem-set14-sorting.doc for questions.
Course
Latin American Studies
Latin Americ
Hackernotes
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Homework Set 6: Conditional Probability and Independence SOLUTIONS
NOTE: For more practice problems with
Hackernotes, Pima Community College
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Problem Set 6: Conditional Probability and Independence
NOTE: For more practice
Hackernotes, Pima Community College
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Problem set 3: Summation
Elementary-Level Problems involving summation notation
Hackernotes
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Homework Set 11: Word Processing with Equation editor
NOTE: For help setting up equation editor, see pro
Hackernotes
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Problem set 12: Database function problems
Only problems 1-10 are shown here. For the complete solutions
Hackernotes
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Homework Set 10: Continuous Random Variables
Solutions
All problems use continuous random variables.
The
Formula Sheet
De Morgans Laws:
1. (A U B)c = Ac I Bc
2. (A I B)c = Ac U Bc
Set Notation Verbiage:
and (intersection),
or (union),
not A Ac (complement).
Suppose a random variable X can only assume the
Problem 1:
one die value
Hit F9 key to run simulation
3
Problem 2:
pair of die (x,y)
x
y
5
Hit F9 key to run simulation
4
Count
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
Hackernotes, Pima Community College
2007. All rights reserved.
Mathematics for Business Decisions, Part I
Problem Set 16: An Application of Probability Distributions and
Histograms
We consider the fo
Hackernotes, Pima Community College
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Problem Set 5: Basic Probability
NOTE: For more practice problems with solutions
Hackernotes
Wayne Hacker 2007. All rights reserved.
Mathematics for Business Decisions, Part I
Problem Set 10: Continuous Random Variables
Solutions
NOTE: For more practice problems with solutions, s
We would like to announce the availability of a new project for Business Math I (Math
173 at Pima CC). This project replaces Project 1, Loan Work Outs, from Mathematics
for Business Decisions (MBD).
O
Hackernotes, Pima Community College
Wayne Hacker 2007. All rights reserved.
Business Mathematics I: Math 173
Sample Exam 2-Solutions
Name:
Print your name neatly. If you forget to write your name, or