Entry Test: Mathematics for Management and Economics BM.0 Introduction 2 BM.1 Sets 3 BM.2 Assertions 4 BM.3 Propositional Formulas 5 BM.4.1 Algebraic Laws 6 BM.4.2 Equivalence of Equations 8 BM.4.3 Transforming Equations 9 BM.4.4 Specific Equations with one variable 10 BM.4.5 Equation Systems 11 BM.5 Functions 12 Solutions 14 MODULE MATHEMATICS Mathematics for Management and Economics 2 BM.0 Introduction BM.0 INTRODUCTION The course Mathematics for Management and Economics (first semester) assumes that students are at swiss professional maturity level (Berufsmaturitätssniveau). Mathematical terms, concepts and theories associated with that level of competence will not be repeated. This entry test helps you evaluate your mathematical competences. In case you should not be able to solve most of the problems, please try to work on this before beginning your studies. One of the many books that might be helpful in case you need some brush up is Marvin Bittinger & David Ellenbogen: Calclulus and its Applications. Pearson International Edition. MODULE MATHEMATICS Mathematics for Management and Economics 3 BM.1 Sets BM.1 SETS Exercise BM.1 - 1 Let the sets A , B , C , and D be defined as follows: A people with bloodgroup A, B women, C people aged at least 100, D people in retirement. • Describe the following sets using the symbols A through D : a) Set of all retired men. männlichen Rentner. b) Set of retired women having bloodgroup A mit Blutgruppe A. c) Set of retired women having a bloodgroup other than A als der Blutgruppe A. • Describe the following sets by naming their peculiarities Sie die folgenden Mengen durch Angabe der Eigenschaften ihrer Elemente: d) B ∩ C e) B ∩ D \ A MODULE MATHEMATICS Mathematics for Management and Economics 4 BM.2 Assertions BM.2 ASSERTIONS Exercise BM.2 - 1 Which of the following assertions are true: a) 10 is a natural number. b) 10 is a rational number. 1 c) is a natural number. 3 1 d) is a real number. 3 e) π is a rational number. f) π is a real number. Exercise BM.2 - 2 Which of the following assertions are: a) 10 is a natural number and smaller than 20 Zahl und kleiner als 20. b) 10 is a natural number and smaller than 9. 1 is a natural number and smaller than 20. c) 3 MODULE MATHEMATICS Mathematics for Management and Economics 5 BM.3 Propositional Formulas BM.3 PROPOSITIONAL FORMULAS Exercise BM.3 - 1 x is smaller than 10 is a propositional formula. For which of the following numbers x is the resulting assertion true: a) x = 10 b) x=9 c) x =π . Exercise BM.3 - 1 x is a natural number and larger than 100 is a propositional formula. For which of the following numbers x is the resulting assertion true: a) x = 100 b) x = 101 c) x = 300 + π . MODULE MATHEMATICS Mathematics for Management and Economics 6 BM.4.1 Algebraic Laws BM.4.1 ALGEBRAIC LAWS Exercise BM.4.1 - 1 Complete the following equations without using parantheses: a) x( wz − av) = b) (34 x + 17 y ) y = Exercise BM.4.1 - 2 Complete the following equations by factoring out: a) abx + avx = b) 5 xy − 10 xz = Exercise BM.4.1 - 3 Complete the following equations using just one fraction bar: a) ab cd − = c a b) 2(a + b) 3(a − b) + = 3c 2a Exercise BM.4.1 - 4 Complete the following equations using just one fraction bar: a) 4c ab = 3d c2 b) 2(a + b) 3c = 3(a − b) 2a Exercise BM.4.1 - 5 Complete the following equations by expanding the left side termr: a) (x − 1) 2 = b) (z + 1) 3 = MODULE MATHEMATICS Mathematics for Management and Economics 7 BM.4.1 Algebraic Laws Exercise BM.4.1 - 6 Complete the following equations using just one exponent: a) ( x − 1) 2 ( x + 1) 2 = b) ( z + 1) 3 = ( z − 1) 3 Exercise BM.4.1 - 6 Name the following quantities using the units in brackets: a) 1300 mm 2 [in m 2 ] b) 23 m km [in ] sec h c) 45 m 3 [in cm 3 ] Exercise BM.4.1 - 7 Complete the following equations using the one log-sign just once: a) 2 log a x + log a y = 1 b) 3 log a x − log a x = 3 MODULE MATHEMATICS Mathematics for Management and Economics 8 BM.4.2 Equivalence of Equations BM.4.2 EQUIVALENCE OF EQUATIONS Exercise BM.4.2 - 1 Which of the following equations are equivalent: ? a) ( x − 1)( x + 1) = 0 ⇔ b) x2 + x − 2 = 0 ⇔ ? x =1 oder x = −1 x =1 MODULE MATHEMATICS Mathematics for Management and Economics 9 BM.4.3 Transforming Equations BM.4.3 TRANSFORMING EQUATIONS Exercise BM.4.3 - 1 Solve the following equation for nach y auf (given y > 0 and x ∉ {−1, 1} ): log10 y −5 = 7 ( x 2 − 1) Exercise BM.4.3 - 2 Determine the solutions of the following equation, i.e. name all real numbers satisfying these equations: ( x 2 − 3x + 9)( x 2 − 1) = 0 Exercise BM.4.3 - 3 Determine the solutions of the following equation: ( x − 1)( x + 9)( x − 9) =0 ( x − 9)( x − 17) Exercise BM.4.3 - 4 Determine the solutions of the following equation: 2 y = 2 y+1 − 64 Exercise BM.4.3 - 5 Determine the solutions of the following equation: ( x − 3) 4 = 16 Exercise BM.4.3 - 6 Determine the solutions of the following equation: 23 x − 5 = 45 x MODULE MATHEMATICS Mathematics for Management and Economics 10 BM.4.4 Specific Equations with one variable BM.4.4 SPECIFIC EQUATIONS WITH ONE VARIABLE Exercise BM.4.4 - 1 How many solutions does each of the following equations have: a) x 2 − 2x + 1 = 0 b) x 2 − 2x + 1 = 1 c) x 2 − 2 x + 1 = −1 Exercise BM.4.4 - 2 What are the parameter values a and b so that the straight line defined by y = ax + b meets the following requirements: y (0) = 2, y (2) = 8 . MODULE MATHEMATICS Mathematics for Management and Economics 11 BM.4.5 Equation Systems BM.4.5 EQUATION SYSTEMS Exercise BM.4.5 - 1 Determine all solutions of the following equation system: − 2x + y = 1 x + 4y = 2 Exercise BM.4.5 - 2 Determine all solutions of the following equation system: − 2x + y = 1 y 2 = −22 Exercise BM.4.5 - 3 Determine all solutions of the following equation system: 2x + 3y = 1 y + 3z = 2 x + z =1 MODULE MATHEMATICS Mathematics for Management and Economics 12 BM.5 Functions BM.5 FUNCTIONS Exercise BM.5 - 1 Let the function f be defined by the assignment f ( x) = x − 3 . What is the domain of that function, i.e. for which numbers ist he assignment defined? Exercise BM.5 - 2 The public transport system of the city of Aakebrö has a unit ticket price: one ticket (price: 3 kroners) entitles you to travel as far and as often as you wish by trolleybus for one day. Let C be the function showing transportation cost [in kroners] as a function of travelling distance [in km] per day for one person. a) What is the domain of that function? b) What is the assignment of that function? c) Sketch the graph oft hat function in the diagram below. Exercise BM.5 - 3 The new city council of Aakebrö decrees a different price system for the trolleybuses. That system is shown by the graph below. Explanations: - Bold dots belong to the graph, empty dots don’t. - The x-axis show values up to x=10. The function extends to values beyond 10. Give the assignment of the new price system. MODULE MATHEMATICS Mathematics for Management and Economics 13 BM.5 Functions MODULE MATHEMATICS Mathematics for Management and Economics 14 Solutions SOLUTIONS Exercise BM.1 - 1 a) D \ B = D ∩ B b) D ∩ B ∩ A c) B ∩ D \ A = B ∩ D ∩ A d) B ∩ C is the set of all women aged at least 100 years. e) B ∩ D \ A is the set of all retired women having a bloodgroup other than A Exercise BM.2 - 1 a) true b) true c) false d) true e) false f) true Exercise BM.2 – 2 a) true b) false c) false Exercise BM.3 - 1 Fort he numbers 9 or π the assertion is true, for 10 it is false. Exercise BM.3 - 1 For 101 the assertion is true, for 100 or 300 + π it is false. Exercise BM.4.1 - 1 a) x( wz − av) = xwz − xav b) (34 x + 17 y ) y = 34 xy + 17 y 2 Exercise BM.4.1 - 2 a) abx + avx = ax(b + v) b) 5 xy − 10 xz = 5 x( y − 2 z ) Exercise BM.4.1 - 3 ab cd aba − cdc a 2 b − c 2 d a) − = = c a ac ac 2(a + b) 3(a − b) 2(a + b)2a + 3(a − b)3c 4a (a + b) + 9c(a − b) + = = b) 3c 2a 6ac 6ac Exercise BM.4.1 - 4 4c 4cc 2 4c 3 ab a) = = ab3d 3abd 3d c2 MODULE MATHEMATICS Mathematics for Management and Economics b) 15 Solutions 2( a + b ) 2( a + b ) 2 a 4 a ( a + b ) 3c = = 3(a − b) 3c3(a − b) 9c(a − b) 2a Exercise BM.4.1 – 5 a) ( x − 1) 2 = x 2 − 2 x + 1 b) ( z + 1) 3 = z 3 + 3z 2 + 3z + 1 Exercise BM.4.1 - 6 a) ( x − 1) 2 ( x + 1) 2 = [( x − 1)( x + 1)]2 = ( x 2 − 1) 2 b) ( z + 1) 3 ⎡ z + 1⎤ = ( z − 1) 3 ⎢⎣ z − 1⎥⎦ 3 Exercise BM.4.1 - 6 a) 1300 mm 2 = 0,0013 m 2 m km km = 3,6 ⋅ 23 = 82,8 b) 23 sec h h 3 3 c) 45 m = 45'000'000 cm Exercise BM.4.1 - 7 a) 2 log a x + log a y = log a ( x 2 ) + log a y = log a ( x 2 y ) 8 1 1 x3 3 3 b) 3 log a x − log a x = log a ( x ) − log a ( x ) = log a ( 1 ) = log a ( x 3 ) = log a (3 x 8 ) 3 x 3 Exercise BM.4.2 - 1 a) ( x − 1)( x + 1) = 0 ⇔ x = 1 or x = −1 . There is equivalence. b) x 2 + x − 2 = 0 ⇐ x = 1 . The converse implication would be false, since -2 is a solution, too. There is no equivalence. Exercise BM.4.3 - 1 2 log10 y log y − 5 = 7 ⇔ 2 10 = 7 + 5 = 12 ⇔ log10 y = 12( x 2 − 1) ⇔ y = 1012 ( x −1) 2 ( x − 1) ( x − 1) Exercise BM.4.3 - 2 ( x 2 − 3 x + 9)( x 2 − 1) = 0 ⇔ x 2 − 3 x + 9 = 0 or x 2 − 1 = 0 ⇔ { ( x − 1)( x + 1) = 0 ⇔ x ∈ 1, − 1} The quadratic equation x 2 − 3x + 9 = 0 has no real solution. Exercise BM.4.3 - 3 ( x − 1)( x + 9)( x − 9) = 0 ⇔ ( x − 1)( x + 9)( x − 9) = 0 and ( x − 9)( x − 17) ≠ 0 ( x − 9)( x − 17) { { { ⇔ x ∈ 1, −9, 9} and x ∉ 9, 17} ⇔ x ∈ 1, − 9} MODULE MATHEMATICS Mathematics for Management and Economics 16 Solutions Exercise BM.4.3 - 4 2 y = 2 y +1 − 7 ⇔ 7 = 2 y +1 − 2 y = 2 y (2 − 1) = 2 y ⇔ y = log 2 7 = 2,80735 Exercise BM.4.3 - 5 ( x − 3) 4 = 16 ⇔ ( x − 3) 2 = 4 ⇔ x − 3 = 2 or x − 3 = −2 ⇔ x ∈ {5, 1} Exercise BM.4.3 - 6 2 3 x −5 = 4 5 x = (2 2 ) 5 x = 2 2⋅5 x = 210 x ⇔ 3 x − 5 = 10 x ⇔ −5 = 7 x ⇔ x = − 5 7 Exercise BM.4.4 - 1 a) Exactly one solution (which is 1). b) Exactly two solutions (0 and 2). c) No real solution (negative discriminant). Exercise BM.4.4 - 2 y (0) = 2 = b, y (2) = 8 = 2a + 2 ⇔ 2a = 6 ⇔ a = 3 . Verification: 3 ⋅ 0 + 2 = 2 and 3 ⋅ 2 + 2 = 8 . Exercise BM.4.5 - 1 Multiply the second equation with 2 and add it tot he first equation to obtain 9 y = 5 , i.e. y = 5 . x + 4 y = 2 now implies 9 2 ⋅ 9 − 4 ⋅ 5 18 − 20 x = 2 − 4y = 2 − 4 ⋅ 5 = = = −2 . 9 9 9 9 − 2 ⋅ (− 2 ) + 5 = 9 = 1 9 9 9 Verification: − 2 + 4( 5 ) = 18 = 2 9 9 9 Exercise BM.4.5 - 2 Since y 2 = −22 has no real solution, the entire equation system has no solution either. Exercise BM.4.5 - 3 x + z = 1 implies z = 1 − x . Inserting this in the second equation yields y + 3(1 − x) = y + 3 − 3x = 2 , i.e. y − 3x = −1 . The resulting system is 2 x + 3 y = 1, −3 x + y = −1 , so 2 x + 3 y = 3x − y , which implies 4 y = x . Inserting this in the first equation 2 ⋅ 4 y + 3 y = 11y = 1 , so y = 1 . This implies x = 4 and 11 11 z = 1− 4 = 7 . 11 11 2⋅ 4 + 3 ⋅ 1 = 11 = 1 11 11 Verification: 1 + 3 ⋅ 7 = 22 = 2 11 11 11 4 + 7 = 11 = 1 11 11 11 11 Exercise BM.5 - 1 MODULE MATHEMATICS Mathematics for Management and Economics 17 Solutions The term below the root sign must be nonnegative, which means x ≥ 3 . Exercise BM.5 - 2 a) DK = [0, ∞) ⎧0 für x = 0 C ( x) = ⎨ ⎩3 für x > 0 c) Hint: bold points belong to the graph, empty point don‘t. b) Exercise BM.5 - 3 ⎧0 for x = 0 ⎪ ⎪1 for 0 < x ≤ 1 ⎪2 for 1 < x ≤ 2 K ( x) = ⎨ ⎪3 for 2 < x ≤ 3 ⎪4 for 3 < x ≤ 4 ⎪ for x > 4 ⎩5 MODULE MATHEMATICS