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calendar_15apr/calendar_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Course Calendar

The Course Calendar provides an overview of assignment due dates and when to begin each module.

For details on each assignment, go to the course Web site and click the associated module.

Go to Week-by-Week Dates to see specific dates for the current semester.

Week 1

· Monday— BEGIN MODULE 1

· Tuesday—

· Wednesday—Introductions Forum: 1st posting due

· Thursday—Discussion Forum 1: 1st posting due

· Friday—Introductions Forum: 2nd posting (comments) due

· Saturday—Discussion Forum 1: 2nd posting (comments) due

· Sunday—Written Assignment 1 due; Quiz 1 due

Week 2

· Monday— BEGIN MODULE 2

· Tuesday—

· Wednesday—

· Thursday—Discussion Forum 2: 1st posting due

· Friday—

· Saturday—

· Sunday—

Week 3

· Monday—Discussion Forum 2: 2nd posting (comments) due

· Tuesday—

· Wednesday—Written Assignment 2 due; Quiz 2 due

· Thursday— BEGIN MODULE 3

· Friday—

· Saturday—

· Sunday—Discussion Forum 3: 1st posting due

Week 4

· Monday—

· Tuesday—

· Wednesday—

· Thursday—

· Friday—Discussion Forum 3: 2nd posting (comments) due

· Saturday—

· Sunday—Written Assignment 3 due; Quiz 3 due

Week 5

· Monday— BEGIN MODULE 4

· Tuesday—

· Wednesday—

· Thursday—Discussion Forum 4: 1st posting due

· Friday—

· Saturday—

· Sunday—

Week 6

· Monday—Discussion Forum 4: 2nd posting (comments) due

· Tuesday—

· Wednesday—Written Assignment 4 due; Quiz 4 due

· Thursday— BEGIN MODULE 5

· Friday—

· Saturday—

· Sunday—Discussion Forum 5: 1st posting due

Week 7

· Monday—

· Tuesday—

· Wednesday—

· Thursday—

· Friday—Discussion Forum 5: 2nd posting (comments) due

· Saturday—

· Sunday—Written Assignment 5 due; Quiz 5 due

Week 8

· Monday— BEGIN MODULE 6

· Tuesday—

· Wednesday—

· Thursday—Discussion Forum 6: 1st posting due

· Friday—

· Saturday—

· Sunday—

Week 9

· Monday—

· Tuesday—

· Wednesday—

· Thursday—

· Friday—Discussion Forum 6: 2nd posting (comments) due

· Saturday—

· Sunday—Written Assignment 6 due; Quiz 6 due

Week 10

· Monday— BEGIN MODULE 7

· Tuesday—

· Wednesday—

· Thursday—Discussion Forum 7: 1st posting due

· Friday—

· Saturday—

· Sunday—

Week 11

· Monday—

· Tuesday—

· Wednesday—

· Thursday—

· Friday—Discussion Forum 7: 2nd posting (comments) due

· Saturday—

· Sunday—Written Assignment 7 due; Quiz 7 due

Week 12

Final Exam Week: Take exam by Sunday of Week 12.

· Monday—

· Tuesday—

· Wednesday—

· Thursday—

· Friday—

· Saturday—

· Sunday—

Copyright © 2016 by Thomas Edison State University. All rights reserved.

syllabus_15apr/syllabus_MAT-119-apr15.docx

Syllabus for MAT-119

QUANTITATIVE BUSINESS ANALYSIS

COURSE DESCRIPTION

This is an applications-based course that continues with the mathematical inquiry that began in high school and intermediate algebra. This course prepares students for further study in business, finance, and management science. The underlying teaching philosophy is that students who study mathematics should develop alternate means of critical thinking and apply those means to the applications in the everyday business world. To this end, active participation is fostered by means of a variety of assignments. This provides the student with sophisticated computational skills while stressing the ability to think critically and objectively. These computational and thinking skills will be applied to a wide variety of business applications. Students are encouraged to explore and solve realistic applications in business, finance, and management science.

COURSE OBJECTIVES

After completing this course, you should be able to:

1. manipulate elementary algebraic expressions using basic mathematical knowledge

2. solve and graph linear equalities and inequalities

3. solve inequalities

4. evaluate functions using functional notation, domain, and range

5. solve applied problems using linear and quadratic functions

6. apply exponential and logarithmic functions to a variety of problems

7. calculate interest, discount, annuities, amortization payments, and balances

8. manipulate matrices

9. solve maximization and minimization problems.

COURSE MATERIALS

You will need the following materials to complete your coursework. Some course materials may be free, open source, or available from other providers. You can access free or open-source materials by clicking the links provided below or in the module details documents. To purchase course materials, please visit the University's textbook supplier .

Required Textbook

· Lial, Margaret L., Hungerford, Thomas W., Holcomb, Jr., John P., and Mullins, Bernadette (2015). Finite Mathematics with Applications in the Management, Natural, and Social Sciences (11th ed.). Boston, MA: Pearson.

ISBN-13: 9780321931061

Solutions Manual

· Lial, Margaret L., Hungerford, Thomas W., Holcomb, Jr., John P., and Mullins, Bernadette (2015). Student Solutions Manual for Finite Mathematics with Applications In the Management, Natural and Social Sciences (11th ed.). Boston, MA: Pearson.

ISBN-13: 9780321986320

COURSE STRUCTURE

Quantitative Business Analysis is a three-credit online course, consisting of seven modules. Modules include learning objectives, study materials, activities, and quizzes. Module titles are listed below.

· Module 1: Review of Basic Concepts

· Module 2: Linear Equations and Inequalities

· Module 3: Functions and Their Linear and Quadratic Applications

· Module 4: Exponential and Logarithmic Equations

· Module 5: Business and Finance Applications

· Module 6: Systems and Matrices

· Module 7: Maximization and Minimization

ASSESSMENT METHODS

For your formal work in the course, you are required to participate in online discussion forums, complete written assignments, take quizzes, and a proctored online final examination. See below for more details.

Consult the Course Calendar for assignment due dates.

Promoting Originality

One or more of your course activities may utilize a tool designed to promote original work and evaluate your submissions for plagiarism. More information about this tool is available in this document .

Icon imageDiscussion Forums

You will have seven discussion forum assignments in this course. One per module. You are required to enter an initial response to the Discussion Question. In addition, you must post at least two responses to the initial response of other students and these two responses must be on different days during the module. This standard is a minimum requirement. It is suggested that you participate on a daily basis during the course.

Participation consists primarily of discussion the topic under consideration or other topics of interest regarding mathematics and its business applications. Participation is measured by a student’s meaningful contribution to the virtual classroom discussion. Only substantive contributions will be considered for grading. Notes such as “me too” and “I agree” and other notes not related to the course are not considered substantive notes for participation. A note is determined to be of substance by containing information that supplements, contradicts, questions, or furthers discussion on a subject area contained in the course.

Submitting assignments through the Assignment links, logging on and reading messages, posting messages in the “Lounge” or in the “Introduction,” and emails do not count towards participation.

Participation grading will, by necessity, be a combination of objective grading (number of postings) and subjectivity (quality of postings).

Icon imageWritten Assignments

You are required to complete seven written assignments. The written assignments are on a variety of topics associated with the course modules.

Assignments must be prepared electronically with a word processor (e.g., Microsoft Word) and, preferably, whatever equation editor integrates with your word processing software. Since this is a course in mathematics, you are recommended to use an equation editor to place mathematical symbols in your work. ( Important: Use the equation editor only to insert equations into your word-processed document and not to create the document itself.) However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text format (.rtf) file before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. Be sure to include your name at the top of the paper, as well as the course name and code and the semester and year in which you are enrolled. To receive full credit for your answers, you must show all work and include complete solutions. If you choose not to use an equation editor to write mathematical symbols, you'll need to use the Insert > Symbols menu of your word processor to find the appropriate symbols. Exponents can be inserted as superscripts using the Format > Font menu.

Icon imageQuizzes

There will be a quiz for each of the seven modules. The quizzes should be taken after you complete the practice exercises and the written assignment. There will be five multiple-choice problems on each of the quizzes. You have up to 30 minutes in which to complete the quiz and may take it only once.

Icon imageFinal Exam

The proctored, online final exam covers all reading and assignments from the course. The exam is three hours long. The final exam includes 50 multiple choice questions. You may use your textbook as long as it doesn't have any loose inserts. You are not allowed to bring or consult a solutions manual, notebook or notes of any kind, any practice or written assignment problems, or any other reference sources or sources of information.

Note: You are permitted to use a calculator (scientific, graphing, or financial) but may not use a calculator on a phone, PDA, or any similar device.

For the final, you are required to use the University's Online Proctor Service (OPS). Please refer to the "Examinations and Proctors" section of the Online Student Handbook (see Student Handbooks in the General Information area of the course website) for further information about scheduling and taking online exams and for all exam policies and procedures. You are strongly advised to schedule your exam within the first week of the semester.

Online exams are administered through the course Web site. Consult the Course Calendar for the official dates of exam weeks.

Statement about Cheating

You are on your honor not to cheat during an exam. Cheating means:

· Looking up any answer or part of an answer in an unauthorized textbook or on the Internet, or using any other source to find an answer.

· Copying and pasting or, in any way copying responses or parts of responses from any other source into your exams. This includes but is not limited to copying and pasting from other documents or spreadsheets, whether written by yourself or anyone else.

· Plagiarizing answers.

· Asking anyone else to assist you by whatever means available while you take an exam.

· Copying any part of an exam to share with other students.

· Telling your mentor that you need another attempt at an exam because your connection to the Internet was interrupted when that is not true.

If there is evidence that you have cheated or plagiarized in an exam, the exam will be declared invalid, and you will fail the course.

GRADING AND EVALUATION

Your grade in the course will be determined as follows:

· Discussion Forums—20 percent

· Written Assignments—30 percent

· Quizzes—20 percent

· Final exam (proctored online, modules 1-7)—30 percent

All activities will receive a numerical grade of 0–100. You will receive a score of 0 for any work not submitted. Your final grade in the course will be a letter grade. Letter grade equivalents for numerical grades are as follows:

A

=

93–100

C+

=

78–79

A–

=

90–92

C

=

73–77

B+

=

88–89

C–

=

70–72

B

=

83–87

D

=

60–69

B–

=

80–82

F

=

Below 60

To receive credit for the course, you must earn a letter grade of C or better (for an area of study course) or D or better (for a course not in your area of study), based on the weighted average of all assigned course work (e.g., exams, assignments, discussion postings, etc.).

STRATEGIES FOR SUCCESS

First Steps to Success

To succeed in this course, take the following first steps:

· Read carefully the entire Syllabus, making sure that all aspects of the course are clear to you and that you have all the materials required for the course.

· Take the time to read the entire Online Student Handbook. The Handbook answers many questions about how to proceed through the course, how to schedule exams, and how to get the most from your educational experience at Thomas Edison State University.

· Arrange to take your examinations by following the instructions in this Syllabus and the Online Student Handbook.

· Familiarize yourself with the learning management systems environment—how to navigate it and what the various course areas contain. If you know what to expect as you navigate the course, you can better pace yourself and complete the work on time.

· If you are not familiar with Web-based learning be sure to review the processes for posting responses online and submitting assignments before class begins.

Study Tips

Consider the following study tips for success:

· To stay on track throughout the course, begin each week by consulting the Course Calendar. The calendar provides an overview of the course and indicates due dates for submitting assignments, posting discussions, and scheduling and taking examinations.

· Read the module objectives. The module learning objectives provide a roadmap of sorts for your studies. As you complete each module, check that you have covered and achieved all the objectives.

· Read the study notes, and follow the examples. Study notes review, highlight, and summarize key concepts, terms, and applications from the module assignment. They are written with classroom notes in mind, the type of notes you would take if you were in a face-to-face classroom environment. The language is easy to understand, and the notes include examples that show problem solving step by step.

· Remember, practice makes perfect. The textbook has odd-numbered exercises very similar to the even-numbered exercises in your assignments. Answers to odd-numbered exercises are at the back of the textbook (solutions are in the optional Student's Solution Manual). It is good practice to solve some of the odd-numbered exercises before working on the written assignments.

· Check Announcements regularly for new course information.

ACADEMIC POLICIES

To ensure success in all your academic endeavors and coursework at Thomas Edison State University, familiarize yourself with all administrative and academic policies including those related to academic integrity, course late submissions, course extensions, and grading policies.

For more, see:

· University-wide policies

· Undergraduate course policies and regulations

· Graduate academic policies

· Nursing student policies

· Academic code of conduct

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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exam study guides_15apr/final exam study guide_MAT-119-apr15.docx

MAT-119 • Quantitative Business Analysis

Final Exam Study Guide

©2021 Thomas Edison State University

All Rights Reserved

Exam Details

Modules assessed: 1–7

Materials allowed: textbook, calculator

Duration: 3 hours

Exam Format

Multiple choice: 50 questions • 2 pts each • apply concepts to solve problems

Tips from the Test Development Team

· How to Use the Study Guide to Help Prepare for Your Exam

· How to Answer Multiple-Choice Questions

Chapter 1

· Adding and subtracting polynomial expressions

·

· Multiplying binomial expressions

· (5x - 7)(7x + 13)

· Factoring expressions completely

· x- 5x + 8

· 216a- 16b

· Multiplying rational expressions

·

· Adding rational expressions

·

· Simplifying expressions

·

· Solving equations

· 15y + 4 = 7y + 18

· Solving equations by factoring

· n+ 6n + 48 = 16

· Solving equations using the quadratic formula

· 4x+ 12x = -3

Chapter 2

· Finding x- and y-intercepts of an equation

· 5x + y = -3

· Representing equations with graphs

· y = x

· Finding slope and y-intercept of a line

· 8x + 12y = 15

· Finding the equation of a line with slope m passing through a given point

· (4,6), m = 6

· Solving linear functions

· Suppose the sales of a particular brand of appliance satisfy the relationship S(x) = 200x + 4200, where S(x) represents the number of sales in year x, with x = 0 corresponding to 1997. Find the number of sales in 2009.

· Calculating the correlation coefficient r

· Consider the data points with the following coordinates:

x

22

16

15

18

21

y

3

5

6

9

4

· Solving inequalities

· > 0

Chapter 3

· Stating the domain of given functions

· y =

· Evaluating functions

· Find f(-3) when f(x) = x+ 7x + 2

· Solving linear cost and revenue functions

· At a manufacturing plant, the total cost (in dollars) to produce x items is C(x) = 5.35x + 21,000. What is the total cost to produce 100 items?

· Writing linear cost and revenue functions

· A limo service charges a flat fee of $100 plus $50 per hour. Let C(x) be the cost in dollars of using the limo service for x hours. Find the linear cost function.

· Determining the vertex of a parabola

· f(x) = x - 12x + 30

· Solving quadratic formulas

· Bill works at a car dealership. He has found that his salary (in dollars) is given by c(x) = 3x - 35x + 17, where x is the number of cars sold. What is his salary if the number of cars sold is 27?

Chapter 4

· Classifying functions as linear, quadratic, or exponential

· f(x) = x- 5

· Exponential growth and decay

· The number of bacteria growing in an incubation culture increases with time according to B(x) = 3000(2), where x is time in days. Find the number of bacteria when x = 0 and x = 4

· Find an exponential function of the form P(t) = ye

· A population of mice has an exponential growth rate of 13.7% per day. Consider an initial population of 100 mice. Find the exponential growth function.

· Population growth and decay word problems

· In a town whose population is 1000, a disease creates an epidemic. The number N of people infected t days after the disease has begun is given by the function

N(t) =

Find the number infected after 8 days.

· Writing expressions as logarithms of a single number or expression with a coefficient of 1

· log 12 - log 9

· 6 ln (x + 2) - 4 ln (x + 5)

· Solving logarithmic functions

· The height in meters of men of a certain tribe is approximated by h = 0.76 + 3log(t/5) where t is the man’s age in years and 1 ≤ t ≤ 35. Estimate the height (to the nearest hundredth of a meter) of a man of the tribe 19 years of age.

· Solving logarithmic and exponential equations

· log x = 11

· 5 = 814

· 8e = 11

Chapter 5

· Calculating interest

· Find the interest. Round to the nearest cent.

· $480 at 8% for 3 years

· Find the exact interest. Use 365 days in a year, and use the exact number of days in a month. Round to the nearest cent, if necessary.

· $7940 at 14.5% for 66 days

· Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.

· $12,000 for 12 months; money earns 4%

· Find the actual interest rate paid, to the nearest tenth, on the simple discount note.

· $5000; discount rate 3.5%; length of loan 7 mo

· Calculating compound interest

· Find the compound amount for the deposit. Round to the nearest cent.

· $1200 at 6% compounded quarterly for 9 years

· Find the compound interest earned by the deposit. Round to the nearest cent.

· $18,000 at 3% compounded annually for 10 years

· Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated.

· $2500 at 12% compounded semiannually for 4 yr

· Calculating future value of annuities

· Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.

· R = $1200, i = 0.02, n = 8

· Calculating present value of annuities

· Find the present value of the ordinary annuity.

· Payments of $2200 made annually for 32 years at 11% compounded annually

· Amortizing loans

· Find the payment necessary to amortize the loan.

· $75,000; 9% compounded annually; 14 annual payments

· Find the monthly house payment necessary to amortize the following loan.

· In order to purchase a home, a family borrows $78,000 at 6.4% for 30 yrs. What is their monthly payment? Round the answer to the nearest cent.

Chapter 6

· Solving a system of equations

· x + 8y = 15 and 4x + 7y = 10

· Solve the system of equations. If the system is dependent, express solutions in terms of the parameter z.

x + y + z = -4

x - y + 3z = -6

4x + y + z = 5

· Solving a system of equations using the matrix method

· -x + 2y +5z = 1

3x - y - z = 2

x + 6y + 2z = 1

· Solving matrix equations

· Perform the indicated operation.

Let B = [-2 4 4 1] Find -3B

· Given the matrices A and B, find the matrix product AB.

A = B = Find AB

· Find the product.

· Find the inverse, if it exists, of the given matrix.

A =

Chapter 7

· Solving linear programming problems

· Use graphical methods to solve the linear programming problem.

Maximize z = 2x + 3y

subject to: 5x + 6y ≤ 10

x + 2y ≤ 6

x ≥ 0

y ≥ 0

· Use the simplex method to solve the linear programming problem.

Maximize z = 4x + 2x

subject to: 3x + 5x≤ 6

x + 2x≤ 15

with x≥ 0, x≥ 0

· Feasible regions of a system

· Describe the feasible region of x + y4 and x + y -16

· Maximization functions

· Convert the objective function into a maximization function.

Minimize w = 2y + 3y + 5y

subject to:

y + y ≥ 12

3y + 2y + y ≥ 26

y + 3y + y ≥ 8

y≥ 0, y≥ 0, y ≥ 0

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modules_15apr/module4_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 4—Exponential and Logarithmic Equations

OBJECTIVES

After successfully completing Module 4, you should be able to:

· graph higher order polynomials

· graph rational functions

· graph exponential functions

· apply exponential functions

· graph logarithmic functions

· simplify logarithmic functions

· solve exponential functions

· solve logarithmic functions.

STUDY MATERIALS

Textbook Readings

· Study chapter 3, sections 3.5, 3.6 and chapter 4, sections 4.1, 4.2, 4.3, and 4.4 in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

Chapters 3 & 4

Section 3.5 Exercises

1, 3, 5, 7, 9, 13, 15, 27

Section 3.6 Exercises

1, 3, 11, 17, 27, 29, 31

Section 4.1 Exercises

1, 3, 5, 9, 13, 15, 19, 23, 25, 29, 35

Section 4.2 Exercises

1, 3, 7, 13, 19, 21

Section 4.3 Exercises

5, 7, 9, 13, 15, 23, 31, 35, 37, 41, 47, 53, 55

Section 4.4 Exercises

1, 3, 5, 7, 9, 13, 17, 19, 27, 31, 39, 41, 49, 53, 57, 63

ACTIVITIES

Module 4 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 4

In Discussion Forum 4, post your response to the following discussion question. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

Is the logarithmic function applicable when modeling business applications? Why or why not?

Icon imageWritten Assignment 4

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

3.5

2, 10, 14, 16, 36

3.6

2, 6, 18, 26

4.1

2, 4, 10, 20, 24, 26, 30, 36, 42, 46

4.2

2, 6, 12, 14, 20

4.3

6, 10, 14, 20, 30, 36, 38, 50, 54, 62

4.4

2, 4, 8, 14, 16, 24, 28, 36, 40, 46, 54, 58, 64

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 4 Quiz

The Module 4 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 4 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module5_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 5—Business and Finance Applications

OBJECTIVES

After successfully completing Module 5, you should be able to:

· calculate simple interest

· find the maturity value for simple interest

· find the present value for simple interest

· calculate discount

· calculate compound interest

· find the present value for compound interest

· calculate the future value of an ordinary annuity

· calculate the value of a sinking fund

· calculate annuities due

· calculate the present value of an annuity

· calculate amortization payments

· calculate the remaining balance.

STUDY MATERIALS

Textbook Readings

· Study chapter 5, sections 5.1, 5.2, 5.3, and 5.4, in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTER 5

Section 5.1 Exercises

3, 5, 9, 13, 17, 19, 25, 27, 33, 37, 41, 51

Section 5.2 Exercises

7, 9, 13, 19, 21, 23, 29, 31, 37, 41, 47, 51, 55

Section 5.3 Exercises

3, 5, 9, 15, 17, 21, 25, 27, 31, 35, 39, 41

Section 5.4 Exercises

3, 7, 11, 17, 25, 27, 31, 39, 41, 59,

ACTIVITIES

Module 5 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 5

In Discussion Forum 5, post your response to the following discussion question. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

Is it reasonable to allow home mortgages of, say 50 or 60 years? Think of this from the standpoint of the total amount paid after the loan has been completely paid off, from the view of the business, from the view of the customer.

Icon imageWritten Assignment 5

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

5.1

2, 4, 8, 18, 20, 24, 28, 36, 42, 50

5.2

8, 10, 14, 18, 22, 24, 28, 34, 36, 42, 50, 55, 64

5.3

4, 8, 10, 14, 20, 26, 28, 34, 42, 44

5.4

2, 8, 12, 16, 20, 28, 34, 40, 44, 50

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 5 Quiz

The Module 5 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have studied these sections carefully and have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 5 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module2_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 2—Linear Equations and Inequalities

OBJECTIVES

After successfully completing Module 2, you should be able to:

· identify solutions to equations

· find the x-intercepts and y-intercepts for equations

· sketch graphs

· interpret graphs

· calculate the slope of a line using two points

· find the slope-intercept form for a line

· determine whether two lines are parallel, perpendicular, or neither

· construct linear models

· find the least squares regression line

· solve linear inequalities

· graph linear inequalities.

STUDY MATERIALS

Textbook Readings

· Study chapter 2, sections 2.1, 2.2, 2.3, and 2.4, in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTER 2

Section 2.1 Exercises

1-47 (odd), 53, 54, 55, 56

Section 2.2 Exercises

1, 5, 7, 9, 15, 23, 25, 29, 37, 39, 43, 47, 53, 59, 63, 69

Section 2.3 Exercises

5, 7, 8, 12, 17

Section 2.4 Exercises

3-25 (odd); 29, 31, 33, 37, 41, 43, 47, 53

ACTIVITIES

Module 2 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 2

In Discussion Forum 2, post your response to the following discussion question topic. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

What are some of the shortcomings of the least squares regression line? Why do you consider these to be shortcomings? What can be done to compensate for them?

Icon imageWritten Assignment 2

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

2.1

4, 6, 16, 18, 26, 30, 40, 48, 78

2.2

4, 6, 14, 20, 24, 34, 36, 42, 46, 54, 58

2.3

6, 16, 18

2.4

4, 6, 14, 22, 24, 32, 36, 38, 40, 52

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 2 Quiz

The module 2 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 2 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module3_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 3—Functions and Their Linear and Quadratic Applications

OBJECTIVES

After successfully completing Module 3, you should be able to:

· solve polynomial inequalities

· solve rational inequalities

· graph polynomial inequalities

· identify a function

· find the domain and range of a function

· evaluate a function at a given value

· graph functions

· apply linear functions to solve problems

· find the vertex of a quadratic function

· graph quadratic functions

· apply quadratic functions to solve problems.

STUDY MATERIALS

Textbook Readings

· Study chapter 2, section 2.5, and chapter 3, sections 3.1, 3.2, 3.3, and 3.4 in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTERS 2 & 3

Section 2.5 Exercises

1, 3, 7, 9, 11, 15, 17, 29, 31, 35, 43

Section 3.1 Exercises

1, 3, 7, 9, 11, 15, 19, 27, 29, 35, 41, 49

Section 3.2 Exercises

1, 5, 7, 9, 13, 17, 27, 31, 57

Section 3.3 Exercises

1, 3, 5, 7, 9, 17, 19, 33, 35, 43

Section 3.4 Exercises

13, 15, 17, 19, 29, 35, 37, 39, 41, 51

ACTIVITIES

Module 3 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 3

In Discussion Forum 3, post your response to the following discussion question. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

The concept of “market equilibrium” is defined as when the quantity of a commodity demanded is equal to the quantity supplied. Assume that the demand function and the supply function are both linear. How can good advertising affect market equilibrium? How can bad advertising affect market equilibrium?

Icon imageWritten Assignment 3

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

2.5

2, 4, 8, 12, 16, 20, 36

3.1

2, 6, 8, 12, 16, 22, 24, 32, 34, 44, 50

3.2

2, 6, 14, 30, 48, 52

3.3

2, 6, 10, 16, 18, 34, 42, 50

3.4

14, 16, 22, 30, 32, 38, 40, 42, 52, 54

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 3 Quiz

The module 3 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 3 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module1_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 1—Review of Basic Concepts

OBJECTIVES

After successfully completing Module 1, you should be able to:

· add, subtract, and multiply polynomials

· factor polynomials

· simplify rational expressions

· add, subtract, and multiply rational expressions

· simplify expressions with exponents

· add, subtract, and multiply radical expressions

· solve linear equations

· solve quadratic equations.

STUDY MATERIALS

Textbook Readings

· Study chapter 1, sections 1.1, 1.2, 1.3, 1.4, 1.5, 1.6, and 1.7, in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignments and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTER 1

Section 1.2 Exercises

17, 19, 21, 23, 25, 27, 29, 31, 33, 35, 37, 39

Section 1.3 Exercises

1, 3, 7, 9, 11, 23, 31, 37, 43, 53, 57, 77

Section 1.4 Exercises

1, 5, 9, 15, 19, 23, 31, 39, 45

Section 1.5 Exercises

1, 5, 9, 15, 23, 27, 37, 43, 55, 71, 75

Section 1.6 Exercises

1, 3, 5, 7, 9, 11, 13, 15, 17, 19, 21, 23, 25, 29, 31

Section 1.7 Exercises

1, 3, 7, 11, 15, 21, 23, 25, 29, 31, 35, 37, 43, 45

ACTIVITIES

Module 1 has four activities. Please consult the Course Calendar for the due dates.

Icon imageIntroductions Forum

In the Introductions forum, please address any of the following topics or anything about yourself that you would like to share with the class so that we can get to know you better.

· Your reasons for taking this course

· Your interest in mathematics

· Your background in general

· Your experience with online learning

· Your expectations from this course

Note: The Introductions Forum is not graded but required.

Icon imageDiscussion Forum 1

In Discussion Forum 1, post your response to the following discussion question. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

Examine the role of mathematics that men and women in business, industry, and management use to make decisions that affect the success or failure of their efforts. How can mathematics help them make better decision? How can mathematics help them increase their chances for success?

Icon imageWritten Assignment 1

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

1.2

18, 22, 24, 32

1.3

2, 6, 24, 26, 32, 58, 72

1.4

8, 12, 22, 40, 42

1.5

2, 6, 12, 20, 32, 48, 68, 74

1.6

2, 6, 8, 10, 14, 18, 24, 30

1.7

2, 4, 8, 10, 14, 16, 22, 36, 38, 46

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 1 Quiz

The module 1 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 1 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module7_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 7—Maximization and Minimization

OBJECTIVES

After successfully completing Module 7, you should be able to:

· solve linear programming applications using the graphical method

· solve maximization problems using the simplex method

· solve minimization problems using the simplex method

· apply the simplex method to nonstandard problems.

STUDY MATERIALS

Textbook Readings

· Study chapter 7, sections 7.2, 7.3, 7.4, 7.5, 7.6, and 7.7 in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTER 7

Section 7.2 Exercises

1, 3, 7, 13, 15, 17

Section 7.3 Exercises

1, 3, 13, 19, 23

Section 7.4 Exercises

1, 5, 7, 11, 13, 17, 19, 27, 31

Section 7.5 Exercises

1, 5, 11, 13

Section 7.6 Exercises

1, 5, 17, 25, 29, 33

Section 7.7 Exercises

1, 5, 9, 13, 29, 35

ACTIVITIES

Module 7 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 7

In Discussion Forum 7, post your response to the following discussion topic. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

Discuss the role of maximization and minimization in business.

Icon imageWritten Assignment 7

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

7.2

2, 6, 8, 14, 16

7.3

2, 8, 18, 24

7.4

2, 8, 12, 14, 18, 20, 26, 30, 34

7.5

2, 8, 12

7.6

2, 6, 10, 20, 28, 32

7.7

2, 6, 10, 16, 30, 38

Assignment must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 7 Quiz

The Module 7 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have studied these sections carefully and have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 7 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module6_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 6—Systems and Matrices

OBJECTIVES

After successfully completing Module 6, you should be able to:

· solve systems of linear equations

· add and subtract matrices

· multiply matrices

· find the inverse of a matrix

· apply matrix theory to solve problems

· graph linear inequalities in with two variables.

STUDY MATERIALS

Textbook Readings

· Study chapter 6, sections 6.1, 6.2, 6.3, 6.4, 6.5, 6.6 and chapter 7, section 7.1 in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTERS 6 & 7

Section 6.1 Exercises

3, 5, 7, 11, 15, 23

Section 6.2 Exercises

13, 15, 31, 37

Section 6.3 Exercises

9, 11

Section 6.4 Exercises

1, 3, 9, 11, 15, 19, 31, 35

Section 6.5 Exercises

1, 5, 9, 11, 17, 31, 39, 55

Section 6.6 Exercises

1, 5, 7, 11, 17, 25, 37

Section 7.1 Exercises

1, 3, 5, 7, 11, 17, 23, 25, 33, 39, 45

ACTIVITIES

Module 6 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 6

In Discussion Forum 6, post your response to the following discussion question. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

Read Case Study 6 “Matrix Operations and Airline Route Maps” on pp. 334-345 of the textbook, paying special attention to adjacency matrices. How can such matrices help business conduct its day-to-day affairs?

Icon imageWritten Assignment 6

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

6.1

4, 6, 10, 14, 20, 30

6.2

14, 16, 32, 38

6.3

10, 12

6.4

2, 10, 14, 18, 32, 36

6.5

2, 6, 10, 16, 30, 34, 40, 56

6.6

2, 6, 10, 12, 20, 34

7.1

2, 6, 8, 16, 22, 30, 34, 52, 54

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 6 Quiz

The Module 6 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have studied these sections carefully and have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 6 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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calendar_15apr/calendar_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Course Calendar

The Course Calendar provides an overview of assignment due dates and when to begin each module.

For details on each assignment, go to the course Web site and click the associated module.

Go to Week-by-Week Dates to see specific dates for the current semester.

Week 1

· Monday— BEGIN MODULE 1

· Tuesday—

· Wednesday—Introductions Forum: 1st posting due

· Thursday—Discussion Forum 1: 1st posting due

· Friday—Introductions Forum: 2nd posting (comments) due

· Saturday—Discussion Forum 1: 2nd posting (comments) due

· Sunday—Written Assignment 1 due; Quiz 1 due

Week 2

· Monday— BEGIN MODULE 2

· Tuesday—

· Wednesday—

· Thursday—Discussion Forum 2: 1st posting due

· Friday—

· Saturday—

· Sunday—

Week 3

· Monday—Discussion Forum 2: 2nd posting (comments) due

· Tuesday—

· Wednesday—Written Assignment 2 due; Quiz 2 due

· Thursday— BEGIN MODULE 3

· Friday—

· Saturday—

· Sunday—Discussion Forum 3: 1st posting due

Week 4

· Monday—

· Tuesday—

· Wednesday—

· Thursday—

· Friday—Discussion Forum 3: 2nd posting (comments) due

· Saturday—

· Sunday—Written Assignment 3 due; Quiz 3 due

Week 5

· Monday— BEGIN MODULE 4

· Tuesday—

· Wednesday—

· Thursday—Discussion Forum 4: 1st posting due

· Friday—

· Saturday—

· Sunday—

Week 6

· Monday—Discussion Forum 4: 2nd posting (comments) due

· Tuesday—

· Wednesday—Written Assignment 4 due; Quiz 4 due

· Thursday— BEGIN MODULE 5

· Friday—

· Saturday—

· Sunday—Discussion Forum 5: 1st posting due

Week 7

· Monday—

· Tuesday—

· Wednesday—

· Thursday—

· Friday—Discussion Forum 5: 2nd posting (comments) due

· Saturday—

· Sunday—Written Assignment 5 due; Quiz 5 due

Week 8

· Monday— BEGIN MODULE 6

· Tuesday—

· Wednesday—

· Thursday—Discussion Forum 6: 1st posting due

· Friday—

· Saturday—

· Sunday—

Week 9

· Monday—

· Tuesday—

· Wednesday—

· Thursday—

· Friday—Discussion Forum 6: 2nd posting (comments) due

· Saturday—

· Sunday—Written Assignment 6 due; Quiz 6 due

Week 10

· Monday— BEGIN MODULE 7

· Tuesday—

· Wednesday—

· Thursday—Discussion Forum 7: 1st posting due

· Friday—

· Saturday—

· Sunday—

Week 11

· Monday—

· Tuesday—

· Wednesday—

· Thursday—

· Friday—Discussion Forum 7: 2nd posting (comments) due

· Saturday—

· Sunday—Written Assignment 7 due; Quiz 7 due

Week 12

Final Exam Week: Take exam by Sunday of Week 12.

· Monday—

· Tuesday—

· Wednesday—

· Thursday—

· Friday—

· Saturday—

· Sunday—

Copyright © 2016 by Thomas Edison State University. All rights reserved.

exam study guides_15apr/final exam study guide_MAT-119-apr15.docx

MAT-119 • Quantitative Business Analysis

Final Exam Study Guide

©2021 Thomas Edison State University

All Rights Reserved

Exam Details

Modules assessed: 1–7

Materials allowed: textbook, calculator

Duration: 3 hours

Exam Format

Multiple choice: 50 questions • 2 pts each • apply concepts to solve problems

Tips from the Test Development Team

· How to Use the Study Guide to Help Prepare for Your Exam

· How to Answer Multiple-Choice Questions

Chapter 1

· Adding and subtracting polynomial expressions

·

· Multiplying binomial expressions

· (5x - 7)(7x + 13)

· Factoring expressions completely

· x- 5x + 8

· 216a- 16b

· Multiplying rational expressions

·

· Adding rational expressions

·

· Simplifying expressions

·

· Solving equations

· 15y + 4 = 7y + 18

· Solving equations by factoring

· n+ 6n + 48 = 16

· Solving equations using the quadratic formula

· 4x+ 12x = -3

Chapter 2

· Finding x- and y-intercepts of an equation

· 5x + y = -3

· Representing equations with graphs

· y = x

· Finding slope and y-intercept of a line

· 8x + 12y = 15

· Finding the equation of a line with slope m passing through a given point

· (4,6), m = 6

· Solving linear functions

· Suppose the sales of a particular brand of appliance satisfy the relationship S(x) = 200x + 4200, where S(x) represents the number of sales in year x, with x = 0 corresponding to 1997. Find the number of sales in 2009.

· Calculating the correlation coefficient r

· Consider the data points with the following coordinates:

x

22

16

15

18

21

y

3

5

6

9

4

· Solving inequalities

· > 0

Chapter 3

· Stating the domain of given functions

· y =

· Evaluating functions

· Find f(-3) when f(x) = x+ 7x + 2

· Solving linear cost and revenue functions

· At a manufacturing plant, the total cost (in dollars) to produce x items is C(x) = 5.35x + 21,000. What is the total cost to produce 100 items?

· Writing linear cost and revenue functions

· A limo service charges a flat fee of $100 plus $50 per hour. Let C(x) be the cost in dollars of using the limo service for x hours. Find the linear cost function.

· Determining the vertex of a parabola

· f(x) = x - 12x + 30

· Solving quadratic formulas

· Bill works at a car dealership. He has found that his salary (in dollars) is given by c(x) = 3x - 35x + 17, where x is the number of cars sold. What is his salary if the number of cars sold is 27?

Chapter 4

· Classifying functions as linear, quadratic, or exponential

· f(x) = x- 5

· Exponential growth and decay

· The number of bacteria growing in an incubation culture increases with time according to B(x) = 3000(2), where x is time in days. Find the number of bacteria when x = 0 and x = 4

· Find an exponential function of the form P(t) = ye

· A population of mice has an exponential growth rate of 13.7% per day. Consider an initial population of 100 mice. Find the exponential growth function.

· Population growth and decay word problems

· In a town whose population is 1000, a disease creates an epidemic. The number N of people infected t days after the disease has begun is given by the function

N(t) =

Find the number infected after 8 days.

· Writing expressions as logarithms of a single number or expression with a coefficient of 1

· log 12 - log 9

· 6 ln (x + 2) - 4 ln (x + 5)

· Solving logarithmic functions

· The height in meters of men of a certain tribe is approximated by h = 0.76 + 3log(t/5) where t is the man’s age in years and 1 ≤ t ≤ 35. Estimate the height (to the nearest hundredth of a meter) of a man of the tribe 19 years of age.

· Solving logarithmic and exponential equations

· log x = 11

· 5 = 814

· 8e = 11

Chapter 5

· Calculating interest

· Find the interest. Round to the nearest cent.

· $480 at 8% for 3 years

· Find the exact interest. Use 365 days in a year, and use the exact number of days in a month. Round to the nearest cent, if necessary.

· $7940 at 14.5% for 66 days

· Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.

· $12,000 for 12 months; money earns 4%

· Find the actual interest rate paid, to the nearest tenth, on the simple discount note.

· $5000; discount rate 3.5%; length of loan 7 mo

· Calculating compound interest

· Find the compound amount for the deposit. Round to the nearest cent.

· $1200 at 6% compounded quarterly for 9 years

· Find the compound interest earned by the deposit. Round to the nearest cent.

· $18,000 at 3% compounded annually for 10 years

· Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated.

· $2500 at 12% compounded semiannually for 4 yr

· Calculating future value of annuities

· Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.

· R = $1200, i = 0.02, n = 8

· Calculating present value of annuities

· Find the present value of the ordinary annuity.

· Payments of $2200 made annually for 32 years at 11% compounded annually

· Amortizing loans

· Find the payment necessary to amortize the loan.

· $75,000; 9% compounded annually; 14 annual payments

· Find the monthly house payment necessary to amortize the following loan.

· In order to purchase a home, a family borrows $78,000 at 6.4% for 30 yrs. What is their monthly payment? Round the answer to the nearest cent.

Chapter 6

· Solving a system of equations

· x + 8y = 15 and 4x + 7y = 10

· Solve the system of equations. If the system is dependent, express solutions in terms of the parameter z.

x + y + z = -4

x - y + 3z = -6

4x + y + z = 5

· Solving a system of equations using the matrix method

· -x + 2y +5z = 1

3x - y - z = 2

x + 6y + 2z = 1

· Solving matrix equations

· Perform the indicated operation.

Let B = [-2 4 4 1] Find -3B

· Given the matrices A and B, find the matrix product AB.

A = B = Find AB

· Find the product.

· Find the inverse, if it exists, of the given matrix.

A =

Chapter 7

· Solving linear programming problems

· Use graphical methods to solve the linear programming problem.

Maximize z = 2x + 3y

subject to: 5x + 6y ≤ 10

x + 2y ≤ 6

x ≥ 0

y ≥ 0

· Use the simplex method to solve the linear programming problem.

Maximize z = 4x + 2x

subject to: 3x + 5x≤ 6

x + 2x≤ 15

with x≥ 0, x≥ 0

· Feasible regions of a system

· Describe the feasible region of x + y4 and x + y -16

· Maximization functions

· Convert the objective function into a maximization function.

Minimize w = 2y + 3y + 5y

subject to:

y + y ≥ 12

3y + 2y + y ≥ 26

y + 3y + y ≥ 8

y≥ 0, y≥ 0, y ≥ 0

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modules_15apr/module1_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 1—Review of Basic Concepts

OBJECTIVES

After successfully completing Module 1, you should be able to:

· add, subtract, and multiply polynomials

· factor polynomials

· simplify rational expressions

· add, subtract, and multiply rational expressions

· simplify expressions with exponents

· add, subtract, and multiply radical expressions

· solve linear equations

· solve quadratic equations.

STUDY MATERIALS

Textbook Readings

· Study chapter 1, sections 1.1, 1.2, 1.3, 1.4, 1.5, 1.6, and 1.7, in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignments and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTER 1

Section 1.2 Exercises

17, 19, 21, 23, 25, 27, 29, 31, 33, 35, 37, 39

Section 1.3 Exercises

1, 3, 7, 9, 11, 23, 31, 37, 43, 53, 57, 77

Section 1.4 Exercises

1, 5, 9, 15, 19, 23, 31, 39, 45

Section 1.5 Exercises

1, 5, 9, 15, 23, 27, 37, 43, 55, 71, 75

Section 1.6 Exercises

1, 3, 5, 7, 9, 11, 13, 15, 17, 19, 21, 23, 25, 29, 31

Section 1.7 Exercises

1, 3, 7, 11, 15, 21, 23, 25, 29, 31, 35, 37, 43, 45

ACTIVITIES

Module 1 has four activities. Please consult the Course Calendar for the due dates.

Icon imageIntroductions Forum

In the Introductions forum, please address any of the following topics or anything about yourself that you would like to share with the class so that we can get to know you better.

· Your reasons for taking this course

· Your interest in mathematics

· Your background in general

· Your experience with online learning

· Your expectations from this course

Note: The Introductions Forum is not graded but required.

Icon imageDiscussion Forum 1

In Discussion Forum 1, post your response to the following discussion question. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

Examine the role of mathematics that men and women in business, industry, and management use to make decisions that affect the success or failure of their efforts. How can mathematics help them make better decision? How can mathematics help them increase their chances for success?

Icon imageWritten Assignment 1

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

1.2

18, 22, 24, 32

1.3

2, 6, 24, 26, 32, 58, 72

1.4

8, 12, 22, 40, 42

1.5

2, 6, 12, 20, 32, 48, 68, 74

1.6

2, 6, 8, 10, 14, 18, 24, 30

1.7

2, 4, 8, 10, 14, 16, 22, 36, 38, 46

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 1 Quiz

The module 1 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 1 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module2_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 2—Linear Equations and Inequalities

OBJECTIVES

After successfully completing Module 2, you should be able to:

· identify solutions to equations

· find the x-intercepts and y-intercepts for equations

· sketch graphs

· interpret graphs

· calculate the slope of a line using two points

· find the slope-intercept form for a line

· determine whether two lines are parallel, perpendicular, or neither

· construct linear models

· find the least squares regression line

· solve linear inequalities

· graph linear inequalities.

STUDY MATERIALS

Textbook Readings

· Study chapter 2, sections 2.1, 2.2, 2.3, and 2.4, in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTER 2

Section 2.1 Exercises

1-47 (odd), 53, 54, 55, 56

Section 2.2 Exercises

1, 5, 7, 9, 15, 23, 25, 29, 37, 39, 43, 47, 53, 59, 63, 69

Section 2.3 Exercises

5, 7, 8, 12, 17

Section 2.4 Exercises

3-25 (odd); 29, 31, 33, 37, 41, 43, 47, 53

ACTIVITIES

Module 2 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 2

In Discussion Forum 2, post your response to the following discussion question topic. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

What are some of the shortcomings of the least squares regression line? Why do you consider these to be shortcomings? What can be done to compensate for them?

Icon imageWritten Assignment 2

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

2.1

4, 6, 16, 18, 26, 30, 40, 48, 78

2.2

4, 6, 14, 20, 24, 34, 36, 42, 46, 54, 58

2.3

6, 16, 18

2.4

4, 6, 14, 22, 24, 32, 36, 38, 40, 52

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 2 Quiz

The module 2 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 2 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module3_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 3—Functions and Their Linear and Quadratic Applications

OBJECTIVES

After successfully completing Module 3, you should be able to:

· solve polynomial inequalities

· solve rational inequalities

· graph polynomial inequalities

· identify a function

· find the domain and range of a function

· evaluate a function at a given value

· graph functions

· apply linear functions to solve problems

· find the vertex of a quadratic function

· graph quadratic functions

· apply quadratic functions to solve problems.

STUDY MATERIALS

Textbook Readings

· Study chapter 2, section 2.5, and chapter 3, sections 3.1, 3.2, 3.3, and 3.4 in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTERS 2 & 3

Section 2.5 Exercises

1, 3, 7, 9, 11, 15, 17, 29, 31, 35, 43

Section 3.1 Exercises

1, 3, 7, 9, 11, 15, 19, 27, 29, 35, 41, 49

Section 3.2 Exercises

1, 5, 7, 9, 13, 17, 27, 31, 57

Section 3.3 Exercises

1, 3, 5, 7, 9, 17, 19, 33, 35, 43

Section 3.4 Exercises

13, 15, 17, 19, 29, 35, 37, 39, 41, 51

ACTIVITIES

Module 3 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 3

In Discussion Forum 3, post your response to the following discussion question. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

The concept of “market equilibrium” is defined as when the quantity of a commodity demanded is equal to the quantity supplied. Assume that the demand function and the supply function are both linear. How can good advertising affect market equilibrium? How can bad advertising affect market equilibrium?

Icon imageWritten Assignment 3

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

2.5

2, 4, 8, 12, 16, 20, 36

3.1

2, 6, 8, 12, 16, 22, 24, 32, 34, 44, 50

3.2

2, 6, 14, 30, 48, 52

3.3

2, 6, 10, 16, 18, 34, 42, 50

3.4

14, 16, 22, 30, 32, 38, 40, 42, 52, 54

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 3 Quiz

The module 3 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 3 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module4_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 4—Exponential and Logarithmic Equations

OBJECTIVES

After successfully completing Module 4, you should be able to:

· graph higher order polynomials

· graph rational functions

· graph exponential functions

· apply exponential functions

· graph logarithmic functions

· simplify logarithmic functions

· solve exponential functions

· solve logarithmic functions.

STUDY MATERIALS

Textbook Readings

· Study chapter 3, sections 3.5, 3.6 and chapter 4, sections 4.1, 4.2, 4.3, and 4.4 in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

Chapters 3 & 4

Section 3.5 Exercises

1, 3, 5, 7, 9, 13, 15, 27

Section 3.6 Exercises

1, 3, 11, 17, 27, 29, 31

Section 4.1 Exercises

1, 3, 5, 9, 13, 15, 19, 23, 25, 29, 35

Section 4.2 Exercises

1, 3, 7, 13, 19, 21

Section 4.3 Exercises

5, 7, 9, 13, 15, 23, 31, 35, 37, 41, 47, 53, 55

Section 4.4 Exercises

1, 3, 5, 7, 9, 13, 17, 19, 27, 31, 39, 41, 49, 53, 57, 63

ACTIVITIES

Module 4 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 4

In Discussion Forum 4, post your response to the following discussion question. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

Is the logarithmic function applicable when modeling business applications? Why or why not?

Icon imageWritten Assignment 4

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

3.5

2, 10, 14, 16, 36

3.6

2, 6, 18, 26

4.1

2, 4, 10, 20, 24, 26, 30, 36, 42, 46

4.2

2, 6, 12, 14, 20

4.3

6, 10, 14, 20, 30, 36, 38, 50, 54, 62

4.4

2, 4, 8, 14, 16, 24, 28, 36, 40, 46, 54, 58, 64

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 4 Quiz

The Module 4 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 4 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module5_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 5—Business and Finance Applications

OBJECTIVES

After successfully completing Module 5, you should be able to:

· calculate simple interest

· find the maturity value for simple interest

· find the present value for simple interest

· calculate discount

· calculate compound interest

· find the present value for compound interest

· calculate the future value of an ordinary annuity

· calculate the value of a sinking fund

· calculate annuities due

· calculate the present value of an annuity

· calculate amortization payments

· calculate the remaining balance.

STUDY MATERIALS

Textbook Readings

· Study chapter 5, sections 5.1, 5.2, 5.3, and 5.4, in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTER 5

Section 5.1 Exercises

3, 5, 9, 13, 17, 19, 25, 27, 33, 37, 41, 51

Section 5.2 Exercises

7, 9, 13, 19, 21, 23, 29, 31, 37, 41, 47, 51, 55

Section 5.3 Exercises

3, 5, 9, 15, 17, 21, 25, 27, 31, 35, 39, 41

Section 5.4 Exercises

3, 7, 11, 17, 25, 27, 31, 39, 41, 59,

ACTIVITIES

Module 5 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 5

In Discussion Forum 5, post your response to the following discussion question. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

Is it reasonable to allow home mortgages of, say 50 or 60 years? Think of this from the standpoint of the total amount paid after the loan has been completely paid off, from the view of the business, from the view of the customer.

Icon imageWritten Assignment 5

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

5.1

2, 4, 8, 18, 20, 24, 28, 36, 42, 50

5.2

8, 10, 14, 18, 22, 24, 28, 34, 36, 42, 50, 55, 64

5.3

4, 8, 10, 14, 20, 26, 28, 34, 42, 44

5.4

2, 8, 12, 16, 20, 28, 34, 40, 44, 50

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 5 Quiz

The Module 5 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have studied these sections carefully and have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 5 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module6_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 6—Systems and Matrices

OBJECTIVES

After successfully completing Module 6, you should be able to:

· solve systems of linear equations

· add and subtract matrices

· multiply matrices

· find the inverse of a matrix

· apply matrix theory to solve problems

· graph linear inequalities in with two variables.

STUDY MATERIALS

Textbook Readings

· Study chapter 6, sections 6.1, 6.2, 6.3, 6.4, 6.5, 6.6 and chapter 7, section 7.1 in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTERS 6 & 7

Section 6.1 Exercises

3, 5, 7, 11, 15, 23

Section 6.2 Exercises

13, 15, 31, 37

Section 6.3 Exercises

9, 11

Section 6.4 Exercises

1, 3, 9, 11, 15, 19, 31, 35

Section 6.5 Exercises

1, 5, 9, 11, 17, 31, 39, 55

Section 6.6 Exercises

1, 5, 7, 11, 17, 25, 37

Section 7.1 Exercises

1, 3, 5, 7, 11, 17, 23, 25, 33, 39, 45

ACTIVITIES

Module 6 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 6

In Discussion Forum 6, post your response to the following discussion question. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

Read Case Study 6 “Matrix Operations and Airline Route Maps” on pp. 334-345 of the textbook, paying special attention to adjacency matrices. How can such matrices help business conduct its day-to-day affairs?

Icon imageWritten Assignment 6

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

6.1

4, 6, 10, 14, 20, 30

6.2

14, 16, 32, 38

6.3

10, 12

6.4

2, 10, 14, 18, 32, 36

6.5

2, 6, 10, 16, 30, 34, 40, 56

6.6

2, 6, 10, 12, 20, 34

7.1

2, 6, 8, 16, 22, 30, 34, 52, 54

Assignments must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 6 Quiz

The Module 6 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have studied these sections carefully and have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 6 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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modules_15apr/module7_MAT-119-apr15.docx

MAT-119: QUANTITATIVE BUSINESS ANALYSIS

Module 7—Maximization and Minimization

OBJECTIVES

After successfully completing Module 7, you should be able to:

· solve linear programming applications using the graphical method

· solve maximization problems using the simplex method

· solve minimization problems using the simplex method

· apply the simplex method to nonstandard problems.

STUDY MATERIALS

Textbook Readings

· Study chapter 7, sections 7.2, 7.3, 7.4, 7.5, 7.6, and 7.7 in Finite Mathematics with Applications, by Lial, Hungerford, Holcomb, and Mullins.

Practice Exercises

Work through the following practice exercises to review what you have learned in this module and also to help prepare for the written assignment and final exam. Check your work in the Student's Solutions Manual.

Do not submit your solutions to your mentor.

CHAPTER 7

Section 7.2 Exercises

1, 3, 7, 13, 15, 17

Section 7.3 Exercises

1, 3, 13, 19, 23

Section 7.4 Exercises

1, 5, 7, 11, 13, 17, 19, 27, 31

Section 7.5 Exercises

1, 5, 11, 13

Section 7.6 Exercises

1, 5, 17, 25, 29, 33

Section 7.7 Exercises

1, 5, 9, 13, 29, 35

ACTIVITIES

Module 7 has three activities. Please consult the Course Calendar for the due dates.

Icon imageDiscussion Forum 7

In Discussion Forum 7, post your response to the following discussion topic. Reply to at least two classmates' responses by the date indicated in the Course Calendar.

Discuss the role of maximization and minimization in business.

Icon imageWritten Assignment 7

The written assignment draws on even-numbered exercises from the textbook. Answer all assigned exercises, and show all work.

Section

Exercises

7.2

2, 6, 8, 14, 16

7.3

2, 8, 18, 24

7.4

2, 8, 12, 14, 18, 20, 26, 30, 34

7.5

2, 8, 12

7.6

2, 6, 10, 20, 28, 32

7.7

2, 6, 10, 16, 30, 38

Assignment must be prepared electronically, using a word processor and whatever equation editor integrates with your word processing software. However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text file (.rtf) before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. To receive full credit for your answers, you must show all work and include complete solutions.

Icon imageModule 7 Quiz

The Module 7 quiz consists of five questions that are similar to the questions in the exercises, but in multiple-choice format. Be sure you have studied these sections carefully and have completed all module assignments before you take the quiz.

Take the Module Quiz.

You have up to 30 minutes to complete the online quiz and may take it only once. Please set aside sufficient time to complete the quiz, since once you quit the quiz or time has expired, the quiz will not allow you to re-enter at a later time.

Consult the Course Calendar for the Module 7 Quiz deadline.

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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syllabus_15apr/syllabus_MAT-119-apr15.docx

Syllabus for MAT-119

QUANTITATIVE BUSINESS ANALYSIS

COURSE DESCRIPTION

This is an applications-based course that continues with the mathematical inquiry that began in high school and intermediate algebra. This course prepares students for further study in business, finance, and management science. The underlying teaching philosophy is that students who study mathematics should develop alternate means of critical thinking and apply those means to the applications in the everyday business world. To this end, active participation is fostered by means of a variety of assignments. This provides the student with sophisticated computational skills while stressing the ability to think critically and objectively. These computational and thinking skills will be applied to a wide variety of business applications. Students are encouraged to explore and solve realistic applications in business, finance, and management science.

COURSE OBJECTIVES

After completing this course, you should be able to:

1. manipulate elementary algebraic expressions using basic mathematical knowledge

2. solve and graph linear equalities and inequalities

3. solve inequalities

4. evaluate functions using functional notation, domain, and range

5. solve applied problems using linear and quadratic functions

6. apply exponential and logarithmic functions to a variety of problems

7. calculate interest, discount, annuities, amortization payments, and balances

8. manipulate matrices

9. solve maximization and minimization problems.

COURSE MATERIALS

You will need the following materials to complete your coursework. Some course materials may be free, open source, or available from other providers. You can access free or open-source materials by clicking the links provided below or in the module details documents. To purchase course materials, please visit the University's textbook supplier .

Required Textbook

· Lial, Margaret L., Hungerford, Thomas W., Holcomb, Jr., John P., and Mullins, Bernadette (2015). Finite Mathematics with Applications in the Management, Natural, and Social Sciences (11th ed.). Boston, MA: Pearson.

ISBN-13: 9780321931061

Solutions Manual

· Lial, Margaret L., Hungerford, Thomas W., Holcomb, Jr., John P., and Mullins, Bernadette (2015). Student Solutions Manual for Finite Mathematics with Applications In the Management, Natural and Social Sciences (11th ed.). Boston, MA: Pearson.

ISBN-13: 9780321986320

COURSE STRUCTURE

Quantitative Business Analysis is a three-credit online course, consisting of seven modules. Modules include learning objectives, study materials, activities, and quizzes. Module titles are listed below.

· Module 1: Review of Basic Concepts

· Module 2: Linear Equations and Inequalities

· Module 3: Functions and Their Linear and Quadratic Applications

· Module 4: Exponential and Logarithmic Equations

· Module 5: Business and Finance Applications

· Module 6: Systems and Matrices

· Module 7: Maximization and Minimization

ASSESSMENT METHODS

For your formal work in the course, you are required to participate in online discussion forums, complete written assignments, take quizzes, and a proctored online final examination. See below for more details.

Consult the Course Calendar for assignment due dates.

Promoting Originality

One or more of your course activities may utilize a tool designed to promote original work and evaluate your submissions for plagiarism. More information about this tool is available in this document .

Icon imageDiscussion Forums

You will have seven discussion forum assignments in this course. One per module. You are required to enter an initial response to the Discussion Question. In addition, you must post at least two responses to the initial response of other students and these two responses must be on different days during the module. This standard is a minimum requirement. It is suggested that you participate on a daily basis during the course.

Participation consists primarily of discussion the topic under consideration or other topics of interest regarding mathematics and its business applications. Participation is measured by a student’s meaningful contribution to the virtual classroom discussion. Only substantive contributions will be considered for grading. Notes such as “me too” and “I agree” and other notes not related to the course are not considered substantive notes for participation. A note is determined to be of substance by containing information that supplements, contradicts, questions, or furthers discussion on a subject area contained in the course.

Submitting assignments through the Assignment links, logging on and reading messages, posting messages in the “Lounge” or in the “Introduction,” and emails do not count towards participation.

Participation grading will, by necessity, be a combination of objective grading (number of postings) and subjectivity (quality of postings).

Icon imageWritten Assignments

You are required to complete seven written assignments. The written assignments are on a variety of topics associated with the course modules.

Assignments must be prepared electronically with a word processor (e.g., Microsoft Word) and, preferably, whatever equation editor integrates with your word processing software. Since this is a course in mathematics, you are recommended to use an equation editor to place mathematical symbols in your work. ( Important: Use the equation editor only to insert equations into your word-processed document and not to create the document itself.) However, if your word processor is not compatible with your mentor's word processor, you will need to save your document as a rich-text format (.rtf) file before submitting it. Check with your mentor first to determine file compatibility.

When preparing your answers, please identify each exercise clearly by textbook section and exercise number. Be sure to include your name at the top of the paper, as well as the course name and code and the semester and year in which you are enrolled. To receive full credit for your answers, you must show all work and include complete solutions. If you choose not to use an equation editor to write mathematical symbols, you'll need to use the Insert > Symbols menu of your word processor to find the appropriate symbols. Exponents can be inserted as superscripts using the Format > Font menu.

Icon imageQuizzes

There will be a quiz for each of the seven modules. The quizzes should be taken after you complete the practice exercises and the written assignment. There will be five multiple-choice problems on each of the quizzes. You have up to 30 minutes in which to complete the quiz and may take it only once.

Icon imageFinal Exam

The proctored, online final exam covers all reading and assignments from the course. The exam is three hours long. The final exam includes 50 multiple choice questions. You may use your textbook as long as it doesn't have any loose inserts. You are not allowed to bring or consult a solutions manual, notebook or notes of any kind, any practice or written assignment problems, or any other reference sources or sources of information.

Note: You are permitted to use a calculator (scientific, graphing, or financial) but may not use a calculator on a phone, PDA, or any similar device.

For the final, you are required to use the University's Online Proctor Service (OPS). Please refer to the "Examinations and Proctors" section of the Online Student Handbook (see Student Handbooks in the General Information area of the course website) for further information about scheduling and taking online exams and for all exam policies and procedures. You are strongly advised to schedule your exam within the first week of the semester.

Online exams are administered through the course Web site. Consult the Course Calendar for the official dates of exam weeks.

Statement about Cheating

You are on your honor not to cheat during an exam. Cheating means:

· Looking up any answer or part of an answer in an unauthorized textbook or on the Internet, or using any other source to find an answer.

· Copying and pasting or, in any way copying responses or parts of responses from any other source into your exams. This includes but is not limited to copying and pasting from other documents or spreadsheets, whether written by yourself or anyone else.

· Plagiarizing answers.

· Asking anyone else to assist you by whatever means available while you take an exam.

· Copying any part of an exam to share with other students.

· Telling your mentor that you need another attempt at an exam because your connection to the Internet was interrupted when that is not true.

If there is evidence that you have cheated or plagiarized in an exam, the exam will be declared invalid, and you will fail the course.

GRADING AND EVALUATION

Your grade in the course will be determined as follows:

· Discussion Forums—20 percent

· Written Assignments—30 percent

· Quizzes—20 percent

· Final exam (proctored online, modules 1-7)—30 percent

All activities will receive a numerical grade of 0–100. You will receive a score of 0 for any work not submitted. Your final grade in the course will be a letter grade. Letter grade equivalents for numerical grades are as follows:

A

=

93–100

C+

=

78–79

A–

=

90–92

C

=

73–77

B+

=

88–89

C–

=

70–72

B

=

83–87

D

=

60–69

B–

=

80–82

F

=

Below 60

To receive credit for the course, you must earn a letter grade of C or better (for an area of study course) or D or better (for a course not in your area of study), based on the weighted average of all assigned course work (e.g., exams, assignments, discussion postings, etc.).

STRATEGIES FOR SUCCESS

First Steps to Success

To succeed in this course, take the following first steps:

· Read carefully the entire Syllabus, making sure that all aspects of the course are clear to you and that you have all the materials required for the course.

· Take the time to read the entire Online Student Handbook. The Handbook answers many questions about how to proceed through the course, how to schedule exams, and how to get the most from your educational experience at Thomas Edison State University.

· Arrange to take your examinations by following the instructions in this Syllabus and the Online Student Handbook.

· Familiarize yourself with the learning management systems environment—how to navigate it and what the various course areas contain. If you know what to expect as you navigate the course, you can better pace yourself and complete the work on time.

· If you are not familiar with Web-based learning be sure to review the processes for posting responses online and submitting assignments before class begins.

Study Tips

Consider the following study tips for success:

· To stay on track throughout the course, begin each week by consulting the Course Calendar. The calendar provides an overview of the course and indicates due dates for submitting assignments, posting discussions, and scheduling and taking examinations.

· Read the module objectives. The module learning objectives provide a roadmap of sorts for your studies. As you complete each module, check that you have covered and achieved all the objectives.

· Read the study notes, and follow the examples. Study notes review, highlight, and summarize key concepts, terms, and applications from the module assignment. They are written with classroom notes in mind, the type of notes you would take if you were in a face-to-face classroom environment. The language is easy to understand, and the notes include examples that show problem solving step by step.

· Remember, practice makes perfect. The textbook has odd-numbered exercises very similar to the even-numbered exercises in your assignments. Answers to odd-numbered exercises are at the back of the textbook (solutions are in the optional Student's Solution Manual). It is good practice to solve some of the odd-numbered exercises before working on the written assignments.

· Check Announcements regularly for new course information.

ACADEMIC POLICIES

To ensure success in all your academic endeavors and coursework at Thomas Edison State University, familiarize yourself with all administrative and academic policies including those related to academic integrity, course late submissions, course extensions, and grading policies.

For more, see:

· University-wide policies

· Undergraduate course policies and regulations

· Graduate academic policies

· Nursing student policies

· Academic code of conduct

Copyright © 2016 by Thomas Edison State University. All rights reserved.

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