Question
9. [-18 Points] DETAILS WANEFMAC7 5.1.038.NVA 0/20 Submissions Used MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER...
![9. [-18 Points] DETAILS WANEFMAC7 5.1.038.NVA 0/20 Submissions Used MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose the fo](https://i.imgur.com/FoWvM0P.png)
9. [-18 Points] DETAILS WANEFMAC7 5.1.038.NVA 0/20 Submissions Used MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose the following table shows median home prices, in thousands of dollars, in four regions of a country in May 2013, as well as the year-over-year changes in 2014 and 2015. Northeast Midwest South West May 2013 275 167 180 275 Change in 2014 -13 6 18 Change in 2015 12 16 15 30 Use matrix algebra to find the median home price, in thousands of dollars, in each region in May 2014 and 2015. HINT (See Example 2.) Northeast Midwest South West May 2014 0 May 2015
Answers
solution, May 2013 2 Matrix for median home price in December is P=[275 167 180 275 Matsire for change in 2014 Mi =[-13 [-13 6 0 18) 2015 Matrix for change in M2 [ 12 16 15 30] *50 median price of home in 2014 is sum of price in 2013 and Change in 2014 0 112 May 2014=p+My (275 167 180 275) + [-13 6 = {275-13 167 +6 + 180 +0 275+18] [262 173 293] price of home in 2015 is price in 2014 and change in 2015 May 2015 = gout ND = 262 173 180 293]+[12 16 15 30] (274 189 195 323] median sum of
Similar Solved Questions
1 answers
Given the following function, (a) find the vertex; (b) determine whether there is a maximum or...
Given the following function, (a) find the vertex; (b) determine whether there is a maximum or a minimum value, and find the value; (c) find the range, and (d) find the intervals on which the function is increasing and the intervals on which the function is decreasing. f(x) = - 4x2 - 20x + 7...
1 answers
Am7 = 14.3 kg mass and a m2 = 11.9 kg mass are suspended by a...
Am7 = 14.3 kg mass and a m2 = 11.9 kg mass are suspended by a pulley that has a radius of R = 11.0 cm and a mass of M = 2.98 kg, as seen in the figure below. m2 The cord has a negligible mass and causes the pulley to rotate without slipping. The pulley rotates without friction. The masses start from...
1 answers
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct...
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct material: 5 pounds at $8.00 per pound Direct labor: 2 hours at $14 per hour Variable overhead: 2 hours at $5 per...
1 answers
Consider the following estimated multiple regression equation, with n = 25: Y = 5 + 10X1...
Consider the following estimated multiple regression equation, with n = 25: Y = 5 + 10X1 + 20X2. R2 = 0.90; &n...
1 answers
A firm has an equity multiplier of 1.3. This means that the firm has a: A...
A firm has an equity multiplier of 1.3. This means that the firm has a: A total debt ratio (D/A) of 0.33. O B. debt/equity (D/E) ratio of 0.67. OC. debt/equity (D/E) ratio of 0.33. D. total debt ratio (D/A) of 0.28. E. total debt ratio (DA) of 0.23....
1 answers
Account that started with $4,000 10 years ago and which now has grown to $7,000 You...
account that started with $4,000 10 years ago and which now has grown to $7,000 You have an a. What annual rate of return have you earned (you have made no additional contributions to the account)? b.If the in account earns 17% per year from now on, what will the account's value be 10 years from...
1 answers
How do you identify if the equation #y^2-6y=x^2-8# is a parabola, circle, ellipse, or hyperbola and how do you graph it?
How do you identify if the equation #y^2-6y=x^2-8# is a parabola, circle, ellipse, or hyperbola and how do you graph it?...
1 answers
Assume base year's consumption basket costs $1,250 and next year the same consumption basket costs $1,500....
Assume base year's consumption basket costs $1,250 and next year the same consumption basket costs $1,500. If the base year's consumer price index (CPI) is 100, then what is the CPI for next year? Based on the CPI differential of these two year what can you comment on inflation situation fro...
1 answers
Please show all steps Find the new coordinate vector for the vector x after performing the...
please show all steps Find the new coordinate vector for the vector x after performing the specified change of basis. 8) Consider two bases B = 61, 62, 63 and C = C1, C2, C3) for a vector space V such that b1 = C1 + 2c3, b2 = C1 + 4c2 - C3, and b3 = 301 - C2. Suppose x = 51 +6b2 + b3. That is, 8) s...
1 answers
INTRAVENOUS FLUID therapy is stopped on a 17Kg dog 36 hours after starting. The dog has...
INTRAVENOUS FLUID therapy is stopped on a 17Kg dog 36 hours after starting. The dog has received 1,02000000 mL n total. What was the infusion rate...
1 answers
1. The doctor orders an IV infusion of D5W 1000 mL to infuse over the next...
1. The doctor orders an IV infusion of D5W 1000 mL to infuse over the next 8 hours. The IV set delivers 15 gtt/min. What is the correct rate of flow? (Answer in gtt/min rounded to the nearest whole number). a. 16 gtt/min b. 31 gtt/min c. 48 gtt/min d. 60 gtt/min I know the answer is B but how do we...
1 answers
3. Use Gaussian elimination to determine whether or not the following matrix is singular: ra 2a...
3. Use Gaussian elimination to determine whether or not the following matrix is singular: ra 2a do [3a 2db -c) If the matrix is singular, find the nullspace....
1 answers
We PRO о RIGHT е Question 2: (10/50) Consider three cross sections: a circle with a...
we PRO о RIGHT е Question 2: (10/50) Consider three cross sections: a circle with a diameter of 90 mm, a square, and a rectangle with a width of 22 mm. All three sections are subjected to the same torque T. If the three sections have equal cross-sectional areas and equal length, compare ...
1 answers
Brief Exercise 16-14 Nash Corporation reported net income of $213,860 in 2017 and had 53,00 shares...
Brief Exercise 16-14 Nash Corporation reported net income of $213,860 in 2017 and had 53,00 shares of common stock outstanding throughout the year. Als outstanding year were 4500 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual divide...
1 answers
Balance the following oxidation-reduction reactions using the half-reaction method. 1. HCOOH (aq) + MnO.. (aq) → CO2 (g) + Mn2. Acidie solution Identify the reduction half Identify the oxidation...
Balance the following oxidation-reduction reactions using the half-reaction method. 1. HCOOH (aq) + MnO.. (aq) → CO2 (g) + Mn2. Acidie solution Identify the reduction half Identify the oxidation half Basic solution Identify the reduction half Identify the oxidation half Write a balanced equatio...
1 answers
Bank Reconciliation The company's accounting intern has prepared the end-of-January bank reconciliation from the bank statement,...
Bank Reconciliation The company's accounting intern has prepared the end-of-January bank reconciliation from the bank statement, and is worried because the adjusted balance amounts do not agree. After reviewing the bank reconciliation, scroll down for the next steps in helping the intern. Murdst...
1 answers
A reaction is found to be 1st order with respect to carbonate ion. If the initial...
A reaction is found to be 1st order with respect to carbonate ion. If the initial concentration of carbonate ion is 0.871M and the rate law constant is 0.0203 M/sec, how many seconds must pass before the concentration of carbonate ion drops to 0.343M?...