1 Math 110090 (10772) Learning Outcomes and Indicators Learning Goals General Function Knowledge Understand functional notation Domain, Range Construct and interpret graphs including piecewise Model: Recognize linear and nonlinear functions from formulas, graphs, and/or tables; use regression feature on calculator to find line of best fit. Assessment Ideas 2. The table shows the average price of a gallon of milk and the average price of a gallon of gasoline during the last 6 months of 2014. Which of the statements apply to the data in the table? Choose the BEST answer Month 1 2 3 4 6 Milk $1.79 $2.29 $2.19 $1.89 $2.09 $2.29 Gas $1.93 $1.96 $1.79 $1.69 $1.98 $1.80 A) Milk is a function of Gas B) Gas is a function of Milk C) Gas is a function of Month D) Both A) and C) E) Both B) and C) Linear functions/Systems of linear equations (2 variables) 5 2 Write linear function given: Two solutions, parameters, or one parameter one solution Apply and interpret in application problems: Parameters Find specific solution given one variable Graph solution set [also linear inequalities] You have just been hired as a product manager for a manufacturing firm. Your first job is to analyze the data for three products (designated A, B, and C) and make some recommendations. Your product analysts have supplied you with the price-supply and price-demand equations for all three products A, B, and C, as well as the fixed and variable costs for each product. The data is shown in the table below. Price-supply Price-demand Fixed Cost Variable Cost A p = 1.1q p = 1008 – 3.1q 50000 20 B p = 1.3q p = 1127 – 3.6q 200000 15 C p = 1.9q p = 1040.3 – 2.14q 50000 22 Assume that you will be selling each product at its equilibrium price. Determine the cost C(x), revenue R(x), and simplified profit P(x) functions for all three products. If you assume the number of each product you will sell will equal the equal equilibrium demand for the product, how much profit or loss will you make on each? Should you go ahead with production of each product? Why or why not please explain. Quadratic functions Given formula: Find critical points Apply and interpret in application problems: Critical points Find specific solutions given one variable Graph solution set Additional Topics with functions The gas mileage, M, for a certain new car is modeled by the function 𝑀(𝑠) = (−1/28) 𝑠 2 + 3𝑠 − 31 where s is the speed in mph and M is measured in miles per gallon. At what speed is the gas mileage a maximum? or Suppose that the manufacturer of a product has found that, when producing and selling x units of a product, the profit P (in thousands of dollars) is given by P( x) 3 x 2 36 x How many should the company make and sell in order to earn $81 thousand dollars profit? 3 Understand function compositions Understand function inverses and its usefulness. Exponential/log functions Write exponential function given: Two solutions, parameters, or one parameter and one solution Apply and interpret in application problems: o Parameters o Find specific solution given one variable o Graph solution set Change between exponential and logarithmic forms using properties of logarithms You just received a mystery discount coupon for a local department store. When the discount was revealed you were in luck, it was a 30% discount on all purchases. A. Define the function, D(x) that represents your dollar amount spent at the store based on the retail price x of the merchandise purchased. B. If your retail price for all merchandise purchased today is $105. 00 how much money do you need to give to the cashier? (Neglect sales tax in this application) C. Now let’s say you have $20.00 in Krazy Cash for this same store. If you only used this “purchase perk” define this function as K(x) where K(x) represent the dollar amount you will give to the cashier and x represents the retail price of the items purchased. D. Let’s now say that the store will allow you to use both the 30% discount and your $20.00 Krazy Cash for your purchase, the $20. Krazy Cash first followed by the 30%. If you bought $105.00 dollars today how much money would you give the cashier? E. Define this composition of the two functions D (K(x)) both symbolically and numerically. F. Now let’s assume the store will allow you to use the discount first followed by the $20.00 Krazy cash. Form this new composition both symbolically and numerically. Which is the better deal? The population of a certain city was 220,000 in the year 2010 and has an annual growth rate of 1.7%. Using the growth factor, find a function that models the population of this city t years after the year 2010. At the end of an advertising campaign, sales amounted to $30,000 and then decreased 4% each week. Using the decay factor, write the equation of the exponential function that models the sales t weeks after the campaign. 4 Polynomial Functions Identify graphs of higher degree polynomials and identify and interpret critical points of the graph in context Model data with higher order polynomials, determine which type of function best models the data Given a graph solve a polynomials inequality in context. Use the graph of 𝑓(𝑥)to find the factorization of 𝑓(𝑥) = −𝑥 4 + 5𝑥 3 + 3𝑥 2 − 13𝑥 − 10 A) (𝑥 + 1)(𝑥 − 2)(𝑥 − 5)2 B) −(𝑥 + 1)(𝑥 − 2)(𝑥 2 − 5) C) (𝑥 − 1)(𝑥 + 2)(𝑥 2 + 5) D) −(𝑥 − 1)(𝑥 + 2)(𝑥 2 + 5) E) −(𝑥 + 1)(𝑥 − 2)(𝑥 − 5)2