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: Spring, 2019
Level: B.A/B.Com, BBA Total Marks: 100
Pass Marks: 40
ASSIGNMENT No. 1
(Units: 1–4)
Note: Attempt all questions.

Q.1 (a) Given . Find

and What is the relationship between A and B.

(b) The probability that a vehicle entering the Luray Caverns has Canadian
license plates is 0.12; the probability that it is a camper is 0.28; and the
probability that it is a camper with Canadian license plates is 0.09. What is
the probability that
i. A camper entering the Luray Caverns has Canadian license Plates.
ii. A vehicle with Canadian license plates entering the Luray Caverns is a
camper.
iii. A vehicle entering the Luray Caverns does not have Canadian plates or
is not a camper. (8+12=20)
Q.2 (a) The book value of a machine is expressed by the function

Where equals the book value in dollars and equals the age of the machine
expressed in years.
i. Identify the t and V intercepts.
ii. Interpret the meaning of the intercepts.
iii. Interpret the meaning of the slope.

(b) Sketch the plane: (12+8=20)

Q.3 (a) A continuous random variable X which assumes the values between X=2 and
X=4 has the density function given by .
 i. Show that
ii. Find

(b) Find the Probability distribution and distribution function for the number of
heads when 3 balanced coins are tossed and draw the graph of the
distribution function. (12+8=20)

Q.4 (a) Solve the following second degree inequality

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

(10+10=20)

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.
(b) A company manufactures two different products, A and B. Each unit of
product A costs $6 to produce, and each unit of product B costs $4. The
company insists that total costs for the two products be $300.
i. Define the cost equation which states that the total cost of producing x
units of product A and y units of product B equals $300.
ii. Assuming the company has agreed to fill an order for 30 units of
product A, how many units of product B should be produced if total
costs are to be kept at $300. (8+12=20)

ASSIGNMENT No. 2
(Units: 5–9)
Total Marks: 100
Pass Marks: 40
Note: Attempt all questions.

Q.1 (a) If A = , B= , and C = , Verify that

(i) A(BC) = (AB)C (ii) B(A + C) = BA + BC

(b) Find the determinant of A = (10+10=20)

Q.2 (a) Determine the inverse of by using the matrix of cofactor

approach.
(b) Solve the given system of equations by using Cramer’s rule.
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 (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:

(b) Find when (12+8=20)

(i) (ii)

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.
q = 6,000 - 12p (12+8=20)
(i) Determine the fee which should be charged 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

(i)

Q.5 (a) Identify the inflection points for the following function. (14+6=20)

(i) ii)
(b) Determine all critical points and their nature for the function.

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AIOU-AS-309(19)PPU-27-02-19-6500