All Finite Mathematics Resources
Example Questions
Example Question #4 : Independence
The four aces, the four deuces, and the joker are separated from a standard deck of 53 cards. Two cards are selected at random from the nine, without replacement. What is the probability that both cards will be red?
Note: The joker is considered to be neither red nor black.
Two cards are drawn from the deck without regard to order, so the sample space is the set of all combinations of two cards from a set of nine. The size of this sample space is
The event is the set of all combinations of two cards from the set of four red cards. The size of this event space is
The probability of the event is
Example Question #101 : Finite Mathematics
Use a calculator with matrix arithmetic capability for this problem.
Forman County has 2,500 voters - 1,000 registered Democrats and 1,500 registered Republicans. Every year, 1% of the Democrats become Republicans, and 2% of the Republicans become Democrats. Ignoring other factors, after five years, by how much (nearest hundred) will Republicans outnumber Democrats in Forman County?
Republicans will outnumber Democrats by about 400.
Democrats will outnumber Republicans.
Republicans will outnumber Democrats by about 200.
Republicans will outnumber Democrats by about 300.
Republicans will outnumber Democrats by about 100.
Republicans will outnumber Democrats by about 300.
This problem can be modeled using a Markov chain matrix. If we let the rows represent the initial party affiliation, the columns represent final party affiliation, and Democrats be represented by the first row and column, the Markov matrix that represents the system is
The initial state of the Markov system can be represented by the row vector
The distribution of Democrats and Republicans after five years can be determined by evaluating the product
.
Using a calculator, we can determine that this is
The second number will be larger, so there will be more Republicans. Also, the difference will be
.
Republicans will outnumber Democrats by about 300.
Example Question #101 : Finite Mathematics
Consider the following payoff matrix for a game:
Give the value of the saddle point entry of the matrix, if it exists.
The matrix has no saddle point.
If a payoff matrix has a saddle point, it must be both the minimum element of its row and the maximum element of its column. The minimum element of each row is shown in red:
Of these three entries, only 75 is the maximum of its column. This is the correct choice.
Example Question #102 : Finite Mathematics
Consider the following payoff matrix for a game:
Give the value of the saddle point entry of the matrix, if it exists.
The matrix has no saddle point.
If a payoff matrix has a saddle point, it must be both the minimum element of its row and the maximum element of its column. The minmum element of each row is shown in red:
Both saddle point entries are in Column 3, so we select the greater of the two, , as the saddle point entry.
Example Question #103 : Finite Mathematics
Consider the following payoff matrix for a game:
Give the value of the saddle point entry of the matrix, if it exists.
The matrix has no saddle point.
If a payoff matrix has a saddle point, it must be both the minimum element of its row and the maximum element of its column. The minimum element of each row is shown in red:
Of the three, only 100 is the maximum element of its column. This is the saddle point entry.
Example Question #1 : Games And Decisions
Consider the following payoff matrix for a game:
Give the value of the saddle point entry of the matrix, if it exists.
The matrix has no saddle point.
If a payoff matrix has a saddle point, it must be both the minimum element of its row and the maximum element of its column. The minimum element of each row is shown in red:
Of the three, only 500 is the maximum of its column, making 500 the saddle point entry.
Example Question #101 : Finite Mathematics
The water temperatures in a certain lake over the course of the last seven days are as follows.
Calculate the mean water temperature.
To calculate the mean of the water temperatures first recall the formula for mean.
Now substitute in the values from the problem and solve.
Example Question #102 : Finite Mathematics
Consider the set
Which is a true statement?
(a) 15 is the mean of the data set.
(b) 15 is the median of the data set.
(c) 15 is the mode of the data set.
(a) , (b), and (c)
(b) and (c) only
None of the three
(a) and (c) only
(a) and (b) only
(b) and (c) only
The mean of a data set is the sum of the elements divided by the number of elements. Add the elements, then divide by 7:
.
15 is not the mean.
The median of the data set with an odd number of values is the value that is in the exact center if the elements are arranged in ascending order. The data set is already as such; the center element is 15, as seen below:
That makes 15 the median.
The mode of the data set is the value that appears most frequently. The only value that appears multiple times is 15, as seen below:
.
That makes 15 the mode.
Statements (b) and (c) are correct, but not Statement (a).