[SOLVED] Using data from the U.S. Census

> Find the consumersâ surplus and the producersâ surplus at the equilibrium price level for the given priceâ demand and priceâsupply equations. Include a graph that identifies the cons

> Interpret the results of Problem 74 with both a graph and a description of the graph.

> Find the producersâ surplus at a price level of p = $55 for the priceâsupply equation

> Interpret the results of Problem 70 with both a graph and a description of the graph.

> Find the consumersâ surplus at a price level of p = $120 for the priceâdemand equation

> Refer to Problem 67. Find the present value of a continuous income stream at 7.65%, compounded continuously for 12 years, if the rate of flow is f1t2 = 1,000e0.03t . Data from Problem 67: A business is planning to purchase a piece of equipment that will

> Compute the interest earned in Problem 62 Data from Problem 66: Find the future value at 3.5% interest, compounded continuously for 10 years, of the continuous income stream with the rate of flow function.

> Compute the interest earned in Problem 60. Data from Problem 60: Find the future value at 6.25% interest, compounded continuously for 4 years, of the continuous income stream with the rate of flow function of Problem 56. Data From Problem 56: The rate

> Find the future value at 3.5% interest, compounded continuously for 10 years, of the continuous income stream with the rate of flow function of Problem 58. Data from Problem 58: The rate of flow (t) of a continuous income stream is a linear function, d

> identify the absorbing states in the indicated transition matrix.

> Find the future value at 6.25% interest, compounded continuously for 4 years, of the continuous income stream with the rate of flow function of Problem 56. Data From Problem 56: The rate of flow  of a continuous income stream is a linear function, i

> The rate of flow (t) of a continuous income stream is a linear function, decreasing from $12,000 per year when t = 0 to $9,000 per year when t = 10. Find the total income produced in the first 10 years.

> The rate of flow f1t2 of a continuous income stream is a linear function, increasing from $4,000 per year when t = 0 to $6,000 per year when t = 4. Find the total income produced in the first 4 years.

> Refer to Problem 53. Which is the better investment if the rate of the income from the business is (t) = 2,250? Data from Problem 53: An investor has $10,000 to invest in either a bond that matures in 5 years or a business that will produce a continuou

> Refer to Problem 51. Which investment is the better choice over the next 10 years? Data from Problem 51: An investor is presented with a choice of two investments: an established clothing store and a new computer store. Each choice requires the same ini

> Compute the interest earned in Problem 48. Data from Problem 48: Find the future value, at 2.95% interest, compounded continuously for 6 years, of the continuous income stream with rate of flow (t) = 2,000e0.06t .

> Find the future value, at 2.95% interest, compounded continuously for 6 years, of the continuous income stream with rate of flow (t) = 2,000e0.06t .

> Suppose in Problem 45 that you start the IRA deposits at age 30, but the account earns 6%, compounded continuously. Treat the yearly deposits into the account as a continuous income stream. How much will be in the account 35 years later when you retire a

> Interpret the results of Problem 42 with both a graph and a description of the graph. Data from Problem 42: Find the total income produced by a continuous income stream in the first 2 years if the rate of flow is (t) = 600e0.06t .

> Find the total income produced by a continuous income stream in the first 2 years if the rate of flow is (t) = 600e0.06t .

> identify the absorbing states in the indicated transition matrix.

> Interpret the results of Problem 38 with both a graph and a description of the graph. Data from Problem 38: Find the total income produced by a continuous income stream in the first 10 years if the rate of flow is (t) = 3,000.

> Find the total income produced by a continuous income stream in the first 10 years if the rate of flow is (t) = 3,000.

> The mean weight in a population of 5-year-old boys was 41 pounds with a standard deviation of 6 pounds. Determine the probability that a 5-year-old boy from the population weighs less than 30 pounds. Assume a normal distribution.

> The mean life expectancy for a car battery is 48 months with a standard deviation of 8 months. If the manufacturer guarantees the battery for 3 years, what percentage of the batteries will be expected to fail before the guarantee expires? Assume a normal

> The mean height of a hay crop is 40 inches with a standard deviation of 3 inches. What percentage of the crop will be between 37 inches and 45 inches in height? Assume a normal distribution.

> The mean score on a math exam is 70 with a standard deviation of 10. Determine the probability that a student chosen at random will score between 70 and 90. Assume a normal distribution.

> In Problem 26, what is the probability that a household will use more than 400 gallons of water per day? Data From Problem 26: In a certain city, the daily use of water (in hundreds of gallons) per household is a continuous random variable with probabil

> In a certain city, the daily use of water (in hundreds of gallons) per household is a continuous random variable with probability density function Find the probability that a household chosen at random will use (A) At most 400 gallons of water per day

> In Problem 22, find d so that the probability of a randomly selected laser pointer battery lasting d years or less is .5. Data from Problem 22: The shelf life (in years) of a laser pointer battery is a continuous random variable with probability density

> The shelf life (in years) of a laser pointer battery is a continuous random variable with probability density function (A) Find the probability that a randomly selected laser pointer battery has a shelf life of 3 years or less. (B) Find the probability

> identify the absorbing states in the indicated transition matrix.

> Use a graphing calculator to graph the normal probability density function that has the given mean Î¼ and standard deviation Ï.

> explain which of (A), (B), and (C) are equal before evaluating the expressions. Then evaluate each expression to two decimal places.

> evaluate each definite integral to two decimal places.

> Refer to Figures AâD. Set up definite integrals that represent the indicated shaded area. Shaded area in Figure D

> Refer to Figures AâD. Set up definite integrals that represent the indicated shaded area. Shaded area in Figure A

> Use geometric formulas to find the area between the graphs of y = ï¦(x) and y = g(x) over the indicated interval.

> Repeat Problem 67 if the exit from room B to room R is blocked. Data from Problem 67: A rat is placed in room F or room B of the maze shown in the figure. The rat wanders from room to room until it enters one of the rooms containing food, L or R Assume

> could the given matrix be the transition matrix of an absorbing Markov chain?

> Use geometric formulas to find the area between the graphs of y = ï¦(x) and y = g(x) over the indicated interval.

> Repeat Problem 91 if Vâ²(t) = 13/t 1/2 and the interval is changed to [1, 4]. Data from Problem 91: A college language class was chosen for a learning experiment. Using a list of 50 words, the experiment measured the rate of vocabulary

> The instantaneous rate of change in demand for U.S. lumber since 1970 1t = 02, in billions of cubic feet per year, is given by Find the area between the graph of Qâ² and the t axis over the interval [35, 40], and interpret the results.

> Refer to Problem 87. (A) Use cubic regression to find the equation of a Lorenz curve for the data. (B) Use the cubic regression equation you found in part (A) and a numerical integration routine to approximate the Gini index of income concentration. Da

> The government of a small country is planning sweeping changes in the tax structure in order to provide a more equitable distribution of income. The Lorenz curves for the current income distribution and for the projected income distribution after enactme

> Repeat Problem 81 if C′(t) = 2t and R′(t) = 5te-0.1t 2 Data from Problem 81: An amusement company maintains records for each video game it installs in an arcade. Suppose that C(t) and R(t) represent the total accumulated costs and revenues (in thousand

> In Problem 85, if the rate is found to be Find the area between the graph of R and the t axis over the interval [5, 15] and interpret the results.

> find the constant c (to two decimal places) such that the Lorenz curve (x) = xc has the given Gini index of income concentration. 0.37

> find the constant c (to two decimal places) such that the Lorenz curve (x) = xc has the given Gini index of income concentration. 0.45

> The study discussed in Problem 65 also produced the following data for patients who underwent aortic valve replacements: each day 2% of the patients in the ICU died, 60% were transferred to the CCW, and the remainder stayed in the ICU. Furthermore, each

> Use absolute value on a graphing calculator to find the area bounded by the graphs of the equations over the given interval. Compute answers to three decimal places.

> Use a graphing calculator to graph the equations and find relevant intersection points. Then find the area bounded by the curves. Compute answers to three decimal places.

> Find the area bounded by the graphs of the indicated equations over the given interval (when stated). Compute answers to three decimal places.

> Set up a definite integral that represents the area bounded by the graphs of the indicated equations over the given interval. Find the areas to three decimal places. [Hint: A circle of radius r, with center at the origin, has equation x2 + y2 = r2 and ar

> Find the area bounded by the graphs of the indicated equations over the given intervals (when stated). Compute answers to three decimal places. [Hint: Area is always a positive quantity.]

> Once a year company employees are given the opportunity to join one of three pension plans: A, B, or C. Once an employee decides to join one of these plans, the employee cannot drop the plan or switch to another plan. Past records indicate that each year

> Find the area bounded by the graphs of the indicated equations over the given intervals (when stated). Compute answers to three decimal places. [Hint: Area is always a positive quantity.]

> Refer to Figures A and B. Set up definite integrals that represent the indicated shaded areas over the given intervals. Referring to Figure A, explain how you would use definite integrals to find the area between the graph of y = ï¦(x)

> Refer to Figures A and B. Set up definite integrals that represent the indicated shaded areas over the given intervals. Over interval [b, d] in Figure B

> Refer to Figures A and B. Set up definite integrals that represent the indicated shaded areas over the given intervals. Over interval [a, b] in Figure B

> A chain of car muffler and brake repair shops maintains a training program for its mechanics. All new mechanics begin training in muffler repairs. Every 3 months, the performance of each mechanic is reviewed. Past records indicate that after each quarter

> Refer to Figures A and B. Set up definite integrals that represent the indicated shaded areas over the given intervals. Over interval [a, c] in Figure A

> Refer to Figures A and B. Set up definite integrals that represent the indicated shaded areas over the given intervals. Over interval [c, d] in Figure A

> Base your answers on the Gini index of income concentration(See Table 2) In which of Canada, Germany, or Japan is income most equally distributed? Most unequally distributed?

> Base your answers on the Gini index of income concentration(See Table 2) In which of China, India, or Iran is income most equally distributed? Most unequally distributed?

> Find the area bounded by the graphs of the indicated equations over the given interval. Compute answers to three decimal places.

> Refer to the matrices P and Q of Problem 59. For k a positive integer, let Tk = I + Q + Q2 + g+ Qk . (A) Explain why Tk + 1 = TkQ + I. (B) Using a graphing calculator and part (A) to quickly compute the matrices Tk, discover and describe the connectio

> Refer to Figures AâD. Set up definite integrals that represent the indicated shaded area. Explain why dx represents the area between the graph of y = h(x) and the x axis from x = a to x = b in Figure C.

> Use geometric formulas to find the unsigned area between the graph of y = ï¦(x) and the x axis over the indicated interval.

> The number of children in a large city was found to increase and then decrease rather drastically. If the number of children (in millions) over a 6-year period was given by what was the average number of children in the city over the 6-year period? [Ass

> A drug is injected into the bloodstream of a patient through her right arm. The drug concentration in the blood stream of the left arm t hours after the injection is given by What is the average drug concentration in the bloodstream of the left arm dur

> The rate at which the area of a skin wound is increasing is given (in square centimeters per day) by A′(t) = -0.9e-0.1t . The initial wound has an area of 9 square centimeters. How much will the area change during the first 5 days? The second 5 days?

> In Problem 87, if the rate is found to be then approximately how many barrels of oil will the field produce during the first 5 years of production? The second 5Â years of production?

> Repeat Problem 85 with an order of 1,200 units every 4Â months. What is the average number of units on hand for a 4-month period? Data from Problem 85: A store orders 600 units of a product every 3 months. If the product is steadily depleted

> If the rate of labor use in Problem 83 is then approximately how many labor-hours will be required to assemble the 9th through the 27th control units? [Hint: Let a = 8 and b = 27.]

> Given the demand function find the average price (in dollars) over the demand interval [400, 600].

> Show that S = [x 1 - x 0 0], 0 â¤ x â¤ 1, is a stationary matrix for the transition matrix Discuss the generalization of this result to any absorbing Markov chain with two absorbing states and two nonadsorb

> The rate at which the total amount of money put into an advertising campaign is changing is given by Aâ²(t) where t is the number of days since the campaign began. What does represent?

> The total cost (in dollars) of printing x dictionaries is C(x) = 20,000 + 10x. (A) Find the average cost per unit if 1,000 dictionaries are produced. (B) Find the average value of the cost function over the interval [0, 1,000]. (C) Discuss the differe

Question: Using data from the U.S. Census