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Final: 19-7-2018 2up Tracing
ALLAMA IQBAL OPEN UNIVERSITY ISLAMABAD

(Department of Mathematics)
WARNING
1. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING
THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD
OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2. SUBMITTING ASSIGNMENT(S) BORROWED OR STOLEN FROM
OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN
“AIOU PLAGIARISM POLICY”.
Course: Business Mathematics (1429) Semester: Autumn 2018
Level: BA / B.Com / BBA Total Marks: 100
Pass Marks: 40
ASSIGNMENT No. 1
(Units 1-4)
Attempt all questions, each question carry equal marks.
Q. 1 (a) The Metrology Department has collected the following data for snowfall in
Murree during the month of January. (10+10=20)
No of More
0 1 2 3 4 5 6 7 8 9
Snowfall than 9
Probability 0.02 0.04 0.06 0.02 0.05 0.10 0.13 0.20 0.25 0.08 0.05
i. What is the probability that there will be 3 or more snowfalls this
January?
ii. What is the probability that there will be at max 6 snowfalls this
January?
(b) Given the card are selected at random, without replacement, from a standard
52-card deck, determine the probability that
i. The first 2 cards are hearts
ii. The first is a spade, the second a club, the third a heart, and the fourth a
diamond
iii. 3 aces are selected in a row
iv. No aces are included in the first 4 cards
Q. 2 (a) A police department believes that the number of serious crimes which occur
each month can be estimated by the equation (12+8=20)
c=1,200 – 12.5p
Where c equals the number of serious crimes expected per month and p
equals the number of officers assigned to preventive patrol. If c is graphed on
the vertical axis
i. Identify the slope and interpret its meaning
ii. Identify the c intercept and interpret its meaning
iii. Identify the p intercept and interpret its meaning.
(b) Compute the slope of the line joining the points (0, 0) and (c, d). Also
interpret it if c and d are both positive.
1
Q. 3 (a) The sample space of an experiment consists of five simple events (12+8=20)
E1, E2, E3, E4 and E5. These events are mutually exclusive. The probabilities
of occurrence of these events are
P(E1) = .20, P(E2) = .15, P(E3). 25, P(E4)=.30, P(E5)=.10.
Several compound events can be defined for this experiment. They are:
F= {E1, E2, E3}, G= {E1, E3, E5}, H= {E4, E5}. Determine
(i) P(G’) (ii) P(F (ii) P(G (iii) P(F (iv) P(F
(b) Give the points (–4, 8) and (6, –12):

(i) Determine the midpoint of the line segment connecting the points.
(ii) Determine the distance separating the two points.
Q. 4 (a) Solve the following second degree inequality. (8+6+6=20)

x2 + 4x –12 ≤ 0
(b) Solve the following simultaneous linear equations by graphical method

2x + y = 3
x + 2y = 0
(c) Sketch the plane: –2x2 = –8
Q. 5 (a) Compute the slope of the line joining the points (0, 0) and (c, d). Also
interpret it if c and d are both positive. (8+12=20)
(b) An economist believes there is a linear relationship between the market price
of a particular commodity and the number of units suppliers of the
commodity are willing to bring to the marketplace. Two sample observations
indicate that when the price equals $15 per unit, the weekly supply equals
30,000 units; and when the price equals $20 per unit, the weekly supply
equals 48,000 units.
(i) If price per unit, p, is plotted on the horizontal axis and the quantity
supplied q is plotted on the vertical axis, determine the slope-intercept
form of the equation of the line which passes through these two points.
(ii) Interpret the slope of the equation in this application
(iii) Predict the weekly supply if the market price equals $25 per unit.
2
ASSIGNMENT No. 2
(Units: 5–9) Total Marks: 100
Pass Marks: 40
Attempt all questions, each question carry equal marks.
Q. 1 (8+12=20)
Q. 2
(10+10=20)
Q. 3 (a) Determine the limit (if exists) by constructing a table of values of f(x) and
examining left and right hand limits: (8+12=20)
Q. 2 (b) The figure given below is a network diagram which illustrates the route
structure for a small commuter airline which services four cities. Using this
figure, construct an adjacency matrix. Square the adjacency matrix and
verbally summarize the one-stop service which exists between all cities.
3
Q. 4 (a) A community which is located in a resort area is trying to decide on the parking
fee to charge at the town-owned beach. There are other beaches in the area, and
there is competition for bathers among the different beaches. The town has
determined the following function which expresses the average number of cars
per day q as a function of the parking fee p stated in cents. (14+6=20)
Q = 6,000 – 12p
i. Determine the fee which should be changed to maximize daily beach

revenues.
ii. What is the maximum daily beach revenue expected to be?
iii. How many cars are expected on an average day?
(b) Sketch the function
(c) Determine the location of all critical points and determine their nature for the
function.
Q. 5 (a) Identify the inflection points for the following function. (10+10=20)
(b) Determine all critical points and their nature for the function.
_____[ ]_____
4
AIOU–AS-118(18)/PPU–19-7-2018–6000.

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Final: 19-7-2018 2up Tracing

ALLAMA IQBAL OPEN UNIVERSITY ISLAMABAD

(b) Give the points (–4, 8) and (6, –12):

Q. 4 (a) Solve the following second degree inequality. (8+6+6=20)

(b) Solve the following simultaneous linear equations by graphical method

(c) Sketch the plane: –2x2 = –8

(ii) Interpret the slope of the equation in this application

i. Determine the fee which should be changed to maximize daily beach

(b) Sketch the function

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