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Problems 24 - 25 refer to the following minimization problem:
A diet must contain at least 60 units of protein, and 30 units of fat. Food A provides 2 grams of protein and 4 grams of fat, and costs 30 cents. Food B provides 6 grams of protein and 2 grams of fat, and costs 20 cents.
Graph the constraints, and shade the feasibility region.
Graph
For problems 26 and 27, the supply and demand equations are given as follows:
, , where is the price.
If there are 5 people in a room, what is the probability that no two have the same birthday?
What is the probability of getting 3 heads if a coin is tossed 5 times?
How many different ways can two boys and three girls be chosen from a total of 6 boys and 8 girls?
840
Problems 34 - 36 refer to the following information.
Companies , , and produce 15%, 40%, and 45% respectively of the major appliances in an area. One percent of company appliances, 2% of company appliances, and 3% of company appliances require service within the first year.
What is the probability that an appliance chosen at random is defective?
If an appliance is chosen at random and found to be defective, what is the probability that it came from company ?
Suppose it was manufactured by company , what is the probability it is a defective appliance?
On 30% of his quizzes a student receives a score of 8, and on 70% his score is 9, what is his average?
Problems 38 - 40 refer to the following.
An urn contains 3 red, 4 white and 5 blue marbles, and two marbles are drawn at random.
What is the chance of getting a blue marble on the second draw given that a red has been drawn on the first?
What is the probability of obtaining one white and one other marble?
What is the probability of obtaining at least one white marble?
For problems 41 - 43, consider the following transition matrix giving the probabilities for the next purchase of Tide and Brand .
Next purchase | |||
Tide | Brand | ||
Present | Tide | .8 | .2 |
Purchase | Brand | .4 | .6 |
What percentage of the Tide people will buy Brand next month?
If the original share of the market is , what will the share be two months from now?
For problems 44 - 46, consider the following transition matrix for an absorbing Markov Chain.
Find the probability of ending in state 4, given one started in state 2.
Given the game , find the optimal strategy for the column player.
For problems 48 - 50, consider the following payoff matrix.
Find the value of the game if the row and column players' strategies are , and , respectively.
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