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Interpolation and extrapolation are widely used by businessmen, administrators, sociologists, economists and financial analysts. While interpolation helps in completing the incomplete, lost or destroyed records, extrapolation is helpful in those circumstances where forecasting and prediction are required. In financial analysis, the technique of interpolation is widely used to find Internal Rate of Return of a project, Yield to Maturity of a bond and in all investment decisions which require the use of the Present Value and Future Value Interest Factor tables.
A certain flight arrives on time 78% of the time. Suppose 1000 flights are randomly selected. Use the normal approximation to the binomial to approximate the probability that
Trapezoid Rule - Approximating Definite Integrals For this rule we will do similar set up as for the Midpoint Rule. We will break up the interval [a, b] into n subintervals of
Here we look at only the rules without going into their proofs. They are: a 0. If a If a If a
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with t =[a b c] construct a matrix A = 1 1 1 a b c a^2 b^2 c^2 a^3 b^3 c^3 using vector operations
Systems of Equations Revisited We require doing a quick revisit of systems of equations. Let's establish with a general system of equations. a 11 x 1 + a 12 x 2 +......
Show that the first-order integrated rate expression can be written as [A] t = [A] 0 e -n(in)t where n represents the number of elapsed halftimes. Sketch the plot of [A] 1
The angles between three non-zero and non coplanar vectors a,b and c are α between b and c and β between c and a and γ between a and b. The vector u and v are defined by u=(aX
If Gretta's bicycle has a 25-inch radius wheel, how far will she travel in two turns of the wheel? (π = 3.14) a. 491 in b. 78.5 in c. 100 in d. 157 in d. To determin
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