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Get Full Access to UH - MATH 1314 - Study Guide - Midterm
Get Full Access to UH - MATH 1314 - Study Guide - Midterm

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UH / Math / MATH 1314 / the following table of values gives a company's annual profits in mill

# the following table of values gives a company's annual profits in mill Description

##### Description: THIS IS THE STUDY GUIDE FOR BUSINESS CAL. FIRST EXAM
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Math 1314  Test 2 Review  Lessons 2 – 8  1. Given 3 fx x x () 2 2 = −− .  A. Find any zeros of f.  Command:  Answer:  B. Find any local (relative) extrema of f.  Command: Answer:  C. Find f '( 0.25) − and ''( 0.25) f − Command: Answer:  x e x f xx 2 2 2 32 ( ) 1 2. Given  − + − = − .  A. Find any zeros of f.  Command:  Answer:  B. Find any extremum of f.  Command: Answer: 1314 Test 2 Review 1    3. The following table of values gives a company’s annual profits in millions of dollars.  Rescale the data so that the year 2003 corresponds to x = 0. Create a list of points.   Year 2003 2004 2005 2006 2007 2008 Profits (in millions of dollars) 31.3 32.7 31.8 33.7 35.9 36.1

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## What will be the bacteria population 6 hours after the experiment begins?

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Don't forget about the age old question of Questions from the introductory section (Power Point presentation and class notes) • What doesthe expression “uniformity of natural causesin a closed (or open) system”mean?

A. Find linear regression model for cost.  Command: Answer:  B. Find the linear regression model for demand. Then find the revenue function.  Command: Linear Demand Equation:  Revenue Equation: Recall: R( ) x px = D. Use the linear cost and revenue function to find the number of items that must be sold  to break even on that product. Round your answer to the nearest unit.  Command: Answer: 1314 Test 2 Review 9    24. Suppose that a company has determined that the demand equation for its product is  5 3 30 0 x p +−= where p is the price of the product in dollars when x of the product are  demanded (x is given in thousands). The supply equation is given by 52 30 45 0 x p − += ,  where x is the number of units that the company will make available in the marketplace  at p dollars per unit. Find the equilibrium quantity and price.  Command: Answer:  The following formulas will be provided with Test 2.  It will be a link.  f ( ) () () () x h fx fb fa +− − = −  h ba C x mx b cx F ( ) = += + ( ) or ( ) R x sx R x xp = =  () () () Px Rx Cx = − 1314 Test 2 Review 10
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