ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD

(Department of Mathematics)

WARNING
1. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING
THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD
OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2. SUBMITTING ASSIGNMENTS BORROWED OR STOLEN FROM
OTHER(S) AS ONES OWN WILL BE PENALIZED AS DEFINED IN
AIOU PLAGIARISM POLICY.

Course: Business Mathematics (1429/5405)

Level: B.A, B.Com, BBA Semester: Autumn, 2016
Total Marks: 100 Pass Marks: 40
ASSIGNMENT No. 1
(Units 1-4)
All questions carry equal marks

Q.1 The Metrology Department has collected the following data for snowfall in Murree
during the month of January. (20)

No of Snowfall Probability
0 0.02
1 0.04
2 0.06
3 0.02
4 0.05
5 0.10
6 0.13
7 0.20
8 0.25
9 0.08
More than 9 0.05

a) What is the probability that there will be 3 or more snowfalls this January?
b) What is the probability that there will be at max 6 snow falls this January?

Q.2 a) Explain the difference between dependent and independent events with the
help of examples. (20)

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 b) If a random variable can take the values 0, 1, 2 and 3. Then check that
whether the following satisfy the condition of being a probability
distribution.
P(X=0) = 0.18 P(X=1) = 0.20 P(X=2) = 0.38 P(X=3) = 0.24

Q.3 a) Solve the following simultaneous linear equations by graphical method (20)
2x+y = 3
x+2y = 0
b) Solve the following inequality |x-5 |< 7.

Q.4 a) Solve the following second degree inequality (20)

x-x-20 0
c) Compute the slope of the line joining the points (0, 0) and (c, d). Also
interpret it if c and d are both positive.

Q.5 a) Explain the difference between point-slope form and slope-intercept form of
a linear equation and the conversion between them. (20)
b) If C equals degrees Celsius and F equals degrees Fahrenheit, assume that the
relationship between the two temperature scales is linear and is being
graphed with F on the vertical axis. Two data points on the line relating C
and F are (5, 41) and 25, 77). Using these points, determine the slope-
intercept equation which allows transformation from Celsius temperature to
equivalent Fahrenheit temperature. Identify and interpret the meaning of the
slope, C intercept and F intercept.

ASSIGNMENT No. 2
(Units 5-9)
Total Marks: 100 Pass Marks: 40

All questions carry equal marks

Q.1 a) Convert the following system of linear equations in matrics form AX = B and
then find inverse of matrix A if possible. (20)
x+2y-3z = 1
2x-y+z = 2
x-z = 3

b) Can we multiply any two matrices? Explain.

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Q.2 The transition matrix of annual shifts in population within three provinces of a
country is given by: (20)

To
1 2 3
1 0.85 0.07 0.08
From 2 0.05 0.90 0.05
3 0.02 0.10 0.88

a) Determine whether the population will attain an equilibrium condition.

b) Find the relative population shares of the three provinces.

Q.3 a) Consider the function: (20)

f(x) = -x +5x +5
Find the instantaneous rate of change in f(x) at x=2 also find at which point
rate of change will be zero.
b) Find dy/dx for y = f(u) = u and u= g(x) = x.

Q.4 a) Identify the inflection points for the following function. (20)
f(x) =x +6x -18
b) Determine all critical points and their nature for the function.
f(x) =x/3 -2.5x + 4x

Q.5 a) Draw the graph of the curve. (20)

y = x - 1
b) The total cost and total revenue functions for a product are:
C (q) = 500+ 100q + 0.5q
R (q) = 500q
i) Using the marginal approach, determine the profit-maximizing
level of output.
ii) What is the maximum profit?