Grading Information (from our Math 103 syllabus)

There will be six chapter tests. In lieu of one of the six chapter tests a corresponding
chapter project/application can be submitted. For instance you can replace the Chapter 5 test
with a Chapter 5 project/application but you could not replace the Chapter 5 test with any
other chapter project/application. Your best 5 scores will count towards your course grade.
Each of those 5 test scores will be worth 14% of the final grade. There will also be a
comprehensive final exam that will be worth 30% of the final grade.

Note:
If you take the option to replace one of your chapter test grades with the corresponding
chapter application, you must submit that chapter application by Thursday, the 6th of March,
2014. Acceptable means of delivering that chapter application is in class or leave it with a
field representative at the UMUC office during their normal business hours (note that they
close at 5 pm on weekdays, and they are closed on weekends and holidays). If no chapter
application is turned in by the 6th of March, then your best 5 chapter test scores (along with
your score on the final exam) will be used in the computation of your grade for this course as
described in the paragraph above.
Chapter 5 Application Name:_________________________
Problem #1 is worth 5 points and all others are worth 10 points each.

For problems 1-5 refer to the graph above.

1. Find the absolute value of each of the earnings per share

(EPS) numbers for the quarters 12/2011, 3/2012, and 12/2012.

The absolute value of each of the earnings per share (EPS)

numbers for the quarters 12/2011, 3/2012, and 12/2012 are
respectively 8, 5, 0.

2. List the six earnings per share (EPS) in order from the
smallest number to the largest number.

–75, –18, –5, –4, 0, 8

3. Find the prime factorization of 75.

The prime factorization of 75 = 3 �

52

4. Find the average EPS for the 2012 quarters depicted in the
graph.

The average EPS for the 2012 quarters =

( -5) + ( -4 ) + ( -75 ) + 0
4
84
=
4
= 21
5. It is predicted that the EPS for 12/2014 will be the quotient
of ¾ of the EPS for 12/2011 and 1 54 . Write the expression
that corresponds to this statement and then simplify it to
find the predicted EPS, for December 2014. Show your work with
the fractions.

3
The EPS for 12 2014 will be the quotient of of the EPS for 12 2011
4
4
and 1 .
5
The EPS for 12 2011 is 8.
3 3
of the EPS for 12 2011 = �8 = 6
4 4
4 9
1 =
5 5
3 4
The quotient of of the EPS for 12 2011 and 1 is,
4 5
6 6 �5
= = 3.3333
( 9 5) 9
6. Simplify: 18 - 16(7 - 12) 2 + 8 �4(2) + 0 .

18 - 16(7 - 12) 2 + 8 �4(2) + 0 = 18 - 16 ( 25 ) + 8 �8 + 0

= 18 - 400 + 1 + 0
= -381

3
7. Let’s say MSO controls 20 of the media market. Express that
fraction in decimal form and then state what percent of the
media market they control.

3
= 0.15 = 15%
20

15% of the media market MSO controls.

8. If MSO stock was valued at $5 14 per share in 1996 and $1 83
per share in 1997, then what was the fall in the stock value?
Answer in fractional form.

1 3
The fall in the stock value = $5 - $1
4 8
21 11
= $ -$
4 8
= $5.25 - $1.375
= $3.875

9. Let's say that the EPS for MSO can be modeled by the equation
(formula) e = 0.15 6q , where e is the EPS in dollars and q
is the number of quarters after 12/2013. For example 3/2014
is one quarter after 12/2013, 6/2014 is two quarters after
12/2013,… What is the predicted EPS for the quarter 12/2037?

e = 0.15 6q
3 2014 is one quarter after 12 2013, 6 2014 is two quarters after 12 2013,
&L , then 12 2037 is 96 quarters after 12 2013.
e12 2037 = 0.15 6 ( 96 ) = 3.60

10. Using the right side of the equation given in the problem
above, simplify the expression for the quarter 6/2021.

e = 0.15 6q
3 2014 is one quarter after 12 2013, 6 2014 is two quarters after 12 2013,
&L , then 6 2021 is 30 quarters after 12 2013.
e6 2021 = 0.15 6 ( 30 ) = 2.0125

11. Market Capitalization for MSO was listed on Nasdaq.com as

249,881,394 on February 24, 2014. Round this number to the
nearest million and then express that rounded number in
scientific notation.

249,881,394 is rounded to the nearest million as,

250,000,000. The scientific notation of this number is
2.50E+08.
Chapter 6 Application Name:_________________________
Problem #1 is worth 5 points and all others are worth 10 points each.

A pizzeria is faced with many numerical problems. A mathematician

will be hired to resolve problems that they encounter. All
applicants for the position must complete the following
questionnaire. You are an applicant.

1. Bread should be baked at 3500F. Using the conversion formula,

C = 95 ( F - 32) , how many degrees Celsius should the oven be to
bake bread?

Bread should be baked at 3500 F.

5 5 5
C = ( F - 32 ) = ( 350 - 32 ) = �318 = 176.67 0 C
9 9 9
2. Ravioli should be stored at temperatures not exceeding 40C
but it should be stored at temperatures above freezing.
Express this statement using a compound inequality and then
graph that on a number line.

The compound inequality for this data is, X �40 F

The required graph is,

3. An expression used to determine how many cups of flour are

needed to make dough is: 4(5d – 3) – 2(d – 7). Simplify
this expression.

4 ( 5d - 3) - 2 ( d - 7 ) = 20d - 12 - 2d + 14
= 18d + 2
4. The owner of the pizzeria is enrolled in a math course and
does his/her homework during lulls. He/she needs assistance
with the following problem: 7(3x + 5) – x = 5x + 5

Solve this problem.

7(3x + 5) - x = 5x + 5
21x + 35 - x = 5x + 5
21x - x - 5x = 5 - 35
15x = -30
30
x=- = 2
15

-3 6
5. Another problem that the owner needs help is: = Solve this
8 x
equation.

-3 6 6 �8
= � -3 �x = 6 �8 � - x = = 16 � x = -16
8 x 3
6. And one other problem that the owner requires assistance is
to solve: ( x + 11)( x - 5) = 0 . Solve this equation.

( x + 11) ( x - 5 ) = 0
� x + 11 = 0 or x - 5 = 0
� x = -11 or x = 5
7. The average revenue generated from the sale of each pizza is
$5. It costs the pizzeria an average of $1.50 to make each
pizza. The pizzeria also has fixed costs (utilities, wages,
etc) of $300 each month. How many pizzas made and sold will
generate profits for the pizzeria?

Average revenue per pizza = $5.0

Average cost per pizza = $1.5
Average cost = $300
let x is the number of pizzas made and sold to profits for the pizzeria,
5 x > 1.5 x + 300
5 x - 1.5 x > 300
300 300
x> = = 85.71 �86
( 5.0 - 1.5 ) 3.5

8. A chocolate-chip cookie recipe for five dozen cookies

requires ¾ cup sugar. If you want to make 12 dozen cookies,
how much sugar is needed?
 3
A chocolate-chip cookie recipe for five dozen cookies requires cup sugar.
4
If you want to make 12 dozen cookies, the number of cups sugar is needed,
3 12
� = 1.8 cups of sugar.
4 5

9. This pizzeria had an opening day with the sale of 50 pizzas.

Each day since then they have averaged an increase of 8
pizzas per day. A competitor to this pizzeria that also
opened on the same day, had an opening day sale of 200 pizzas
but has been experiencing a steady decline of an average of 2
pizzas per day. When will the two pizzerias have the same
amount of pizza sales?

Let x be the number of days the two pizzerias will have the same amount
of pizza sales. x can be obtained by solving the following equation:
50 + 8 x = 200 - 2 x
8 x + 2 x = 200 - 50
10 x = 150
x = 15

Therefore, after 15 days the two pizzerias will have the same
amount of pizza sales.

10. A delivery scooter cost $1000. The value of the scooter

depreciates $20 per month. After how many months will the
scooter be worth only the price of a 5 topping pizza, which
is $10?

Let x be the number of months will the scooter be worth only the price of a
5 topping pizza, which is $10. x can be obtained by solving the
following equation:
1, 000 - 20 x = 10
-20 x = 10 - 1, 000
-20 x = -900
x = 45

Therefore, after 45 months will the scooter be worth only the

price of a 5 topping pizza, which is $10.

11. An egg is tossed from a height of 6 feet with an initial

velocity that is not specified, but the path of the egg forms
an arc described by the equation: y = -2x2 + x + 6, where y is
 the height in feet and x is the time in seconds. When will
the egg hit the ground? That is, solve: 0 = -2x2 + x + 6.

-2 x 2 + x + 6 = 0
-2 x 2 + 4 x - 3 x + 6 = 0
-2 x ( x - 2 ) - 3 ( x - 2 ) = 0
( x - 2 ) ( -2 x - 3) = 0
x - 2 = 0 or - 2 x - 3 = 0
3
x = 2 or x = -
2

Chapter 7 Application Name:_____________________

Problem #1 is worth 5 points and all others are worth 10 points each.
Some of the data for this chapter application was obtained from the Florida
Marine Research Institute and The Everglades National Park Service.

Use the graph below to answer the following questions.

1. Interpret the meaning of the point for 1994. (Count the points from the
left most to the right most and 1994 is the fourth point from the left.)

The point for 1994 is approximately (70,49). It means in 1994 it is

observed that 49 Manatee deaths from 7,000,000 registered boats.

2. Given that the slope of the SLR (simple linear regression) line shown
on the graph below is 2.3,
a) find the linear equation of this line.

The linear equation of this line is y = -110 + 2.3x

b) interpret the meaning of 2.3 in the context of the manatees and

registered boats.

For an increase of 10,000 boats(1 Unit) registered, the manatees

deaths increase by 2.3.

3. Based on the SLR equation, estimate the number of manatee deaths from
boats if there are 780,000 (which is 78 tens of thousands) registered
boats. Note: if you were unable to answer #2a, then use the graph to
make your estimate.

150

100
Manatee Deaths from Boats

50

0
-20 0 20 40 60 80 100 120
-50

-100

-150
Registered Boats (tens of thousands)

The Manatee Park Reserve rents rowboats to tourists. The cost y to

maintain the rowboats is a function of the number of rowboats x and is
given by the equation: 3x – y = -10.

4. Find the x-intercept and the y-intercept.

 The x-intercept and the y-intercept:
3x - y = -10
x y
+ =1
( -10 3) 10
� x-intercept = -10 3 and y-intercept = 10

5. Find the slope.

Slope is 3.

6. Graph the equation.

The Manatee Park Reserve collects a revenue as a function of the number of

rowboats x rented and is given by, R(x) = 5x + 2, or y = 5x + 2.
Using this equation together with the cost equation, which was
3x – y = -10, do the following:

7. Solve the system of equations by the substitution method.

Solve the system of equations by the substitution method:

y = 5 x + 2 � ( 1)
3 x - y = -10 � ( 2 )
Substitute y = 5 x + 2 in ( 2 )
3 x - 5 x - 2 = -10
-2 x = -10 + 2
-2 x = -8
�x=4
Substitute x = 4 in ( 1) � y = 5 ( 2 ) + 2 = 12
( x, y ) = ( 4,12 ) is the required solution.
8. Solve the system of equations by the addition method.
 Solve the system of equations by the substitution method:
y = 5 x + 2 � -5 x + y = 2 � ( 1)
3 x - y = -10 � ( 2 )
Add ( 1) & ( 2 ) �
-5 x + y = 2
3x - y = -10
-2 x = -8
�x=4
Substitute x = 4 in ( 1) � y = 5 ( 2 ) + 2 = 12
( x, y ) = ( 4,12 ) is the required solution.

The following temperatures (measured at the bottom of the Everglades) in

degrees Celsius and the corresponding conductivity, which is specific
conductance (and it has a very high correlation with salinity) were
randomly selected from a large chart of recordings and are presented below.
Use this information to answer the following.

Temperature (in 0C) Conductivity

Location X Y
A 29 58
B 32 51
C 30 54
D 27 56
E 35 50
F 32 52

9. Construct a scatter diagram for the paired data, and then answer the
following questions:
a) As temperature increases, does conductivity appear to increase,
decrease, or remain the same?

As temperature increases, the conductivity appear to be decrease.

b) What is the slope of the line that contains the location points C
and D?

X Y
C 30 54
D 27 56
 56 - 54 2
Slope = =-
27 - 30 3

Refer to the graph below and to the one on the next page.
Let x represent the number of years after 1991 and let y represent the
number of manatee deaths from boats. For example, the last ordered pair in
the scatter diagram, on the next page, had coordinates (8, 82).

Florida Manatees Bar Graph

100
82
Deaths from Boats

80
53 54
60
42
35
40

20

0
1991 1993 1995 1997 1999
Year

Florida Manatees Scatter Diagram

90

80

70

60
Deaths from Boats

50

40

30

20

10

0
1991 1993 1995 1997 1999
Year

10. State
 a) the coordinates of the parabola's vertex (x, y) using the most
likely of the plotted points given in the graph above.

The coordinates of the parabola's vertex (x, y) using the most

likely of the plotted points given in the graph above are (8, 82).

b) the value of c in f(x) = ax2 + bx + c using the most likely of

the plotted points given in the graph above.

The value of c = 82–64a-8b.

c) the minimum number of manatee deaths from boats if the equation of

best fit for the given data is y = 1.25x2 – 5x + 41, where – as
with parts a and b of this problem – x represents the number of
years after 1991 and y represents the number of manatee deaths
from boats.

Estimated Manatee
Deaths
(1.25 * Year^2 - 5*Year +
Year 41)
1 37.25
2 36
3 37.25
4 41
5 47.25
6 56
7 67.25
8 81

The minimum number of manatee deaths from boats is 36.

11. If we were to attempt to model the data for the years 1993 to 1999,
a) which function(s) might fit the data the best:
linear, exponential, logarithmic, or/and quadratic?
Explain your answer(s).

Since the points between 1993 and 1999 are appearing as a straight
line, linear function might fit the data the best.

b) For each of the plausible functions listed below, find f ( 6) .

f ( x) = 10 x + 2 � f ( 6 ) = 10 ( 6 ) + 2 = 62
( 1.1) � f ( 6 ) = 30 �
( 1.1) = 53.15
x 6
f ( x) = 30 �
*
f ( x) = 85log x � f ( 6 ) = 85log ( 6 ) = 152.30
f ( x) = 1.25 x 2 - 5 x + 41 � f ( 6 ) = 1.25 ( 6 ) - 5 ( 6 ) + 41 = 56.00
2

*
optional
Chapter 8 Application Name:_____________________

Each problem is worth 15 points.

This application revolves around the financial problems of the Doe family.
Answer the following problems, rounding all final answers either to the
nearest cent or to the nearest tenth of a percent as applicable.

1. The Doe family plans to purchase a computer. The cost of a computer

is $2999.95. They can finance this by making a layaway purchase.
Upon signing the layaway contract, they make a down payment of 30% of
the item's cost and agree to pay $320 every month for 7 months. Once
the Doe family has completed the payments they receive the computer.
a) Find the amount of the down payment.
b) What is the total price that the Doe family actually ends up
paying for the purchase of this computer?
c) How much does this store charge per month to store a layaway
item based upon this 7 month experience of the Doe family?

2. In order to pay for tuition and books, John Doe Junior borrows $2,000
for three months at 10.5% simple interest.
a) How much interest must he pay?

Interest = P*N*R/100 = $52.5

b) Find the total amount that must be repaid.

The total amount that must be repaid = $2,000+$52.5 = $2052.5.

c) If he instead borrowed $10,000 for a period of 4 years to take

advantage of a special discount on tuition and fees, with an
agreement to pay off the loan's future value of $13,000 at the
end of 4 years, what interest rate is being charged?

Rate of interest = Interest paid/(P*N) = 7.5%

3. Goods of the Doe family appreciate in value. They purchased a set of

silverware for $29.99 and then sold it at the Thrift Store for $50.
a) Find the percent increase from the price the Doe family paid
to the sale price the Doe family sold the silverware.

66.72% increased.

b) The Thrift Store charges a 25% commission fee on the sale

price of all goods. How much money did the Doe family receive
from the Thrift Store for the sale of the silverware?

$37.5 is received.

c) Express 25% as a fraction reduced to lowest terms.

1
25% =
4
4. The Doe family is considering investing in a compound interest
bearing account that has a rate of 8.2%.
 a) If this account pays interest compounded quarterly, how much
will an investment of $9000 grow to after 5 years?

$5,997.67

b) What is the effective annual yield, rounded to the nearest tenth

of a percent, if interest is compounded quarterly?

$600.466

c) Disregarding parts a and b above, if this account is subject to

continuous compounding, then after 6 years what will be the
balance of an initial and only deposit of $100?

$160.46

5. The Doe Family decided to buy a boat for $170,000. They made a down
payment of 5% on a 10 year fixed rate mortgage at 4%. No points were
charge at the time of closing.
a) Find the amount of the down payment.

$8,500

b) Find the monthly payment (excluding escrowed taxes and

insurance).

$1,992.16

c) Find the amount of interest paid.

$77,559.45

6. Jane and John Jr. are planning on investing in annuities.

a) It is Jane Doe's 21st birthday. She is contemplating investing
$100 at the end of every two weeks in an annuity that pays 9%
compounded biweekly. How much will she have saved by her 50th
birthday?
$337,626
b) How much interest will Jane earn?
$262,226
c) Jane Doe's twin brother John, who is also 21 today, wants to be a
millionaire on his 60th birthday. He has found an annuity that pays
6% interest compounded monthly. How much should he deposit at the
end of every month in order to have $1,000,000 from this annuity
upon his 60th birthday?

$53.3761

7. The Doe seniors are entrepreneurs.
their earnings as follows: for the
earnings they must pay 10% tax, and
earnings exceeding $90,000 they are
earnings at 15%. How much tax must
during the tax year?
As such they must pay taxes on
first $90,000 or under of total
for any portion of total
taxed for that portion of their
they pay for earning $153,208

$18481.2

Chapter 11 Application Name:____________________

Each problem is worth 7 points.

The table of data, provided below, was compiled using enrollment

information gathered from our two MATH 103 class rosters. The following
abbreviations are used for the primary academic programs: UGA for
Undergraduate Associate's Degree, UGB for Undergraduate Bachelor's Degree,
and UGN for Undergraduate Non Degree Seeking.

Primary Academic Program

UGA UGB UGN Totals
Female 2 3 4 9
Gender Male 5 10 21 36
Totals 7 13 25 45

Part I
State all your answers in unreduced fractional form and then in reduced
fractional form or in either decimal form rounded to the nearest thousandth
or in percent form rounded to the nearest tenth of a percent.

A. Based upon the data collected, find the probability that if one of
these students from our class roster is randomly selected that

1) the primary academic program is UGN.

25
= 0.5556
45
2) the student is a female or the primary academic program is UGN.

9 25 4 30
+ - = = 0.6667
45 45 45 45
3) the primary academic program is UGB and the student is a male.

10
= 0.2222
45
4) the student is a female given that the primary academic program is
UGN.

4
= 0.16
25
5) the student's primary academic program is not UGB.

13 32
1- = = 0.7111
45 45
6) the student’s primary academic program is UGA or UGB.

7 13 20
+ = = 0.4444
45 45 45
 7) the student's primary academic program is UGN given that the
student is a male.

21
= 0.5833
36
8) the student is a female whose primary academic program is UGB.

3
= 0.2308
13

B. Let's say the class roster information (including students' names) for
each of those 45 students is printed on separate index cards. Those cards
are put into a bin and well shuffled. A free UMUC book bag filled with
UMUC paraphernalia will be awarded to each of those whose card is randomly
drawn from the bin.

9) What is the probability that if three cards are selected in

succession with replacement (so that the same individual could win
more than once) that all three winners are male?

3
�36 �
� �= 0.5120
�45 �
10) What is the probability that if three cards are selected in
succession without replacement that all three winners declared UGA
for the primary academic program?

7 6 5
� � = 0.0025
45 44 43

Part II

11) You need a new computer. The computer that you plan to buy can be
ordered to include or not include the following when it is shipped
to you: a mouse, a microphone, a memory stick, a wifi antenna, a
dust protector. How many different orders can be made for this
computer?

52 = 25
12) In how many ways can the 7 students who declared UGA as their
primary academic program be selected and sequenced into
appointment times (noon, 12:10, 12:20, 12:30, 12:40, 12:50, 13:00)
to meet with an academic advisor?

7! = 5, 040

13) Let's say UMUC at Aviano plans to have a student council comprised
of three officers: president, secretary, and treasurer. If these
 offices can only be held by those whose primary academic program
is UGB, then in how many ways can those offices be filled by our
combined MATH 103 classmates if each office is to be held by a
different person?

�13 �
� �= 286
�3 �
14) Let's say that for Aviano's UMUC Spring Session II Schedule, there
are 2 lunchtime classes that interest you, and 3 evening classes
that you find appealing, and 2 weekend seminars that fit your
degree program. Assuming you meet the prerequisites for all of
those classes that you are contemplating and you have the time to
take the classes, then how many schedules can you create for
yourself that are composed of one of those lunchtime classes and
one of those evening classes, and one of those weekend seminars?

2 �3 �2 = 12
15) In how many ways can 2 of the 13 students who declared UGB as
their primary academic program be selected to receive identical
graduate school scholarships?

�13 �
� �= 78
�2 �

Chapter 12 Application Name:____________________

Problem #1 is worth 25 points and all others are worth 20 points each.

1. For each of the chapter tests that you have taken, list each of the
scores that you earned (to ensure that you and I are using the same set
of numbers) and then answer the following regarding your set of chapter
test data.

Let 85, 82, 89, 80, 77, 71, 73, 66, 78, 87 be the scores of last 10
tests.

a) Calculate the midrange of your chapter test scores.

77.5

b) Calculate your median score for a chapter test.

79.0

c) Calculate your mean score for a chapter test.

78.8

d) Calculate the standard deviation in your scores earned on chapter

tests.

6.954

e) Calculate the range in your chapter test scores.

23

2. A random selection of recent earthquakes revealed the following information

regarding the Richter scale readings of the magnitudes.

a) State the modal magnitude. That is, state the mode.

4.2

b) State the median magnitude.

 3.7

c) State the mean magnitude.

3.8

d) State the standard deviation in the magnitudes.

0.5228

3. The magnitudes recorded from a recent random selection of earthquakes

are depicted below. Use this information to answer parts a-d.
Magnitudes
(classes) Frequencies
2.5 to 2.9 1
3.0 to 3.4 3
3.5 to 3.9 4
4.0 to 4.4 6
4.5 to 4.9 1

a) State the class width for this frequency distribution.

0.50

b) State the first class's lower limit and the first class's upper
limit.

2.45

c) What percent of the earthquakes have a magnitude between 4 and 4.4?

6
= 0.4 = 40%
15
d) Construct a histogram for this distribution of magnitudes.

4. The times taken by students to complete chapter tests appear to be

 normally distributed with a mean of 47 minutes and a standard
deviation of 8 minutes.
a) What percentage of students take less than 30 minutes to complete a
chapter test?

1.68%

b) What percentage of students take between 30 and 60 minutes to

complete a chapter test?

93.11%

c) What percentage of students take more than 60 minutes to complete a

chapter test?

5.21%

d) For our Spring Session 1 classes of 2014, the Chapter 5 Test had a
mean of about 92 points with a standard deviation of 10.5 points.
For the Chapter 6 Test we had a mean of about 90 and standard
deviation of about 11, and for the Chapter 7 Test we had a mean of
about 83.6 with a standard deviation of about 16.8. On which of
these chapter tests did you do the best with respect to your
classmates who took those tests? Support your answer with
numerical calculations.

For this problem we need scores of all the students in the class
who took tests on Chapters 5, 6, and 7. So not possible to solve.

5. Let's say five people took the Chapter 12 Test. The following data was
collected, where the test scores are in tens of points. For example,
9.5 tens = 95.
Test Score Hours Studied
x y .
6.5 2
7.5 3
8.0 4
9.0 4
9.5 7

a) Construct a scatter plot for this data.

b) Which of the following is true regarding the coefficient of
correlation, r: negative, positive, undefined, or zero? Why?

Correlation is positive, since the points are increasing from left

to right.

c) Give an estimate of the value of the coefficient of correlation.

r = 0.8955

d) The equation of the regression line is: y = 1.4x – 7.37

If someone studied for six hours, then what would be the predicted
score for this person on the Chapter 12 Test?

y = 1.4x – 7.37, find the value of y when x = 6.

y = 1.4(6) – 7.37 = 1.03