Expanding the determinant, we get: [(5-\lambda)[(1-\lambda)(-2-\lambda) - 0 \cdot 7] - 0 + 0]

Simplifying further: [(5-\lambda)[\lambda^2 + \lambda - 2] - 0 + 0] [(5-\lambda)(\lambda^2 + \lambda -

2)] Step 2: Eigenvalues: Setting the characteristic polynomial equal to zero: [(5-\lambda)(\lambda^2
+ \lambda - 2) = 0] Solving for λ, we get the eigenvalues: [\lambda_1 = 5, \lambda_2 = -2, \lambda_3
= 1] Therefore, for matrix (a), the characteristic polynomial is ((2-\lambda)(\lambda^2 - 3\lambda - 4))
and the eigenvalues are (\lambda_1 = 2), (\lambda_2 = -1), and (\lambda_3 = 5). For matrix (b), the
characteristic polynomial is ((5-\lambda)(\lambda^2 + \lambda - 2)) and the eigenvalues are
(\lambda_1 = 5), (\lambda_2 = -2), and (\lambda_3 = 1).

As an expert in the field with an IQ of 120, analyzing and solving a problem of this nature
requires a structured approach to ensure precision and accuracy.

Step 1: Understanding the Problem

It's important to decipher the given information about the random processes X(1) and Y(1) and
establish a clear understanding of the problem statement, as well as the variables and
constants involved.

Step 2: Checking the Output

Once the solution process is completed, it is essential to carefully verify the accuracy and
correctness of the obtained results. This involves cross-checking the calculations and ensuring
the solutions align with the problem requirements.

Step 3: Presenting the Results

The resulting answers should be presented with proper formatting and typography, ensuring
each paragraph is appropriately spaced and left-aligned for clarity and readability.

Moving forward, the specific steps to solve the provided problem involving the random
processes X(1) and Y(1) defined by the given equations will involve the computation of the
cross-correlation function Rxy(, 1+ t), showcasing the joint wide-sense stationarity of X(1) and
Y(1), and solving the equation (6.4-2) to demonstrate the system's response. Additionally, a
sketch of (T)| versus T will be created to illustrate its behavior, and the determination of the
required T to make [e(T)] less than 1% of the largest value the correct cross-correlation function
can have will be calculated.

It is important to handle each step with precision, accuracy, and thorough mathematical
understanding to arrive at the correct solutions for the given problem.

To compute the conditional probability P(the third is a tail| the second is a tail) for flipping a fair
coin three times, we can use the formula for conditional probability:

P(A|B) = P(A and B) / P(B)

Where:
P(A|B) is the conditional probability of A given B
P(A and B) is the probability of both A and B occurring
P(B) is the probability of event B occurring

Now, let's calculate each part step by step:

Step 1: Calculate the probability of the second and third coin flips being tails
P(the second is a tail and the third is a tail) = P(TT)

Since each coin flip is independent and the coin is fair, the probability of getting a tail on each
flip is 1/2. Therefore,
P(TT) = P(T) * P(T) = (1/2) * (1/2) = 1/4

Step 2: Calculate the probability of the second coin flip being a tail
P(the second is a tail) = P(T)

Since each coin flip is independent and the coin is fair, the probability of getting a tail on any flip
is 1/2. Therefore,
P(T) = 1/2

Step 3: Use the formula for conditional probability to find P(the third is a tail| the second is a tail)
P(the third is a tail| the second is a tail) = P(TT) / P(T)

Substitute the values we calculated:

P(the third is a tail| the second is a tail) = (1/4) / (1/2) = 1/2
Therefore, the conditional probability P(the third is a tail| the second is a tail) is 1/2.

a) To find the market equilibrium, we need to set the demand equal to the supply and
solve for the equilibrium price. Demand function: D(p) = 100 / p Supply function: S(p) =
p Setting D(p) = S(p): 100 / p = p Multiplying both sides by p: 100 = p^2 Taking the
square root of both sides: p = 10 So, the equilibrium price (p) is 10. To find the
equilibrium quantity, we can substitute p = 10 into either the demand or supply function:
D(10) = 100 / 10 = 10 S(10) = 10 Therefore, the equilibrium quantity is 10. Graphically,
the equilibrium occurs at the point where the demand and supply curves intersect,
which is at price = 10 and quantity = 10. b) When a value tax of 300% is imposed, the
new supply function becomes S(p) = 4p, since the tax increases the cost of production
by 300%. Setting the new demand equal to the new supply: 100 / p = 4p
Multiplying both sides by p: 100 = 4p^2 Dividing both sides by 4: 25 = p^2 Taking the
square root of both sides: p = 5 So, the new equilibrium price (p) is 5. Substituting p = 5
into either the demand or supply function gives the equilibrium quantity: D(5) = 100 / 5 =
20 S(5) = 4 * 5 = 20 Therefore, the new equilibrium quantity is 20. c) To find the
deadweight loss due to the tax, we need to calculate the area of the triangle formed by
the original equilibrium, the new equilibrium, and the demand curve. The deadweight
loss is the difference between the original total surplus and the new total surplus. It
represents the loss of economic efficiency due to the tax. In this case, the deadweight
loss can be calculated as the area of the triangle with base 10-5 and height 10-20.
Using the formula for the area of a triangle (A = 0.5 * base * height): A = 0.5 * (10-5) *
(10-20) = 0.5 * 5 * (-10) = -25 The deadweight loss due to the tax is 25. Therefore:
a) The market equilibrium is at price = 10 and quantity = 10. b) The new equilibrium
after the tax is at price = 5 and quantity = 20. c) The deadweight loss due to the tax is
25.

Step 2: Solve for the new equilibrium price: $100 = 4p^2$ $p^2 = 25$ $p = \sqrt{25}$ $p = 5$ Step 3:
Find the new equilibrium quantity: $Q = D(p) = 100/p$ $Q = 100/5$ $Q = 20$ So, the new
equilibrium price is $p = 5$ and the new equilibrium quantity is $Q = 20$. c) To find the deadweight
loss due to the tax, we need to compare the original equilibrium quantity with the new equilibrium
quantity. Step 1: Calculate the original consumer surplus: $CS = \int{0}^{10} (100/p) dp$ $CS = 100
\ln(10)$ Step 2: Calculate the new consumer surplus: $CS{new} = \int{0}^{5} (100/p) dp$ $CS{new}
= 100 \ln(5)$ Step 3: Calculate the deadweight loss: $Deadweight \ Loss = CS - CS_{new}$
$Deadweight \ Loss = 100 \ln(10) - 100 \ln(5)$ $Deadweight \ Loss = 100 (\ln(10) - \ln(5))$
$Deadweight \ Loss = 100 \ln(2)$ $Deadweight \ Loss \approx 69.3$

Problem: The problem consists of two parts. The first part involves determining the
Economic Order Quantity (EOQ), and the second part involves calculating the number
of orders to meet annual demand and the total cost at EOQ. Part 1: Economic Order
Quantity (EOQ) The Economic Order Quantity (EOQ) can be calculated using the
following formula: EOQ = sqrt((2 * D * S) / H) Where: D = Annual demand S = Ordering
cost per order H = Holding cost per unit per year Given: Annual demand (D) = Sum of
the forecasted demand for all months Ordering cost per order (S) = $65 Holding cost
per unit per year (H) = 20% of the purchasing cost per bicycle Step 1: Calculate the
annual demand Annual demand (D) = 8 (January) + 15 (February) + 31 (March) + 59
(April) + 97 (May) + 60 (June) + 39 (July) + 24 (August) + 16 (September) + 15
(October) + 28 (November) + 47 (December) D = 8 + 15 + 31 + 59 + 97 + 60 + 39 + 24
+ 16 + 15 + 28 + 47 D = 449 Step 2: Calculate the EOQ EOQ = sqrt((2 * 449 * 65) /
(0.20 * 510))
EOQ = sqrt((2 * 449 * 65) / 102) EOQ ≈ 60.83 Answer 1: The Economic Order Quantity
(EOQ) is approximately 60.83 bicycles. Part 2: Number of Orders and Total Cost at
EOQ Step 3: Calculate the number of orders Number of orders = Annual demand / EOQ
Number of orders = 449 / 60.83 Number of orders ≈ 7.38 Since the number of orders
must be a whole number, the company would place 7 orders to meet the annual
demand. Step 4: Calculate the total cost at EOQ Total cost = (D / EOQ) * S + (EOQ / 2)
* H Total cost = (449 / 60.83) * 65 + (60.83 / 2) * 102 Total cost ≈ 2445.85 + 3114.63
Total cost ≈ 5559.48 Answer 2: The number of orders to meet annual demand is 7.
Answer 3: The total cost at EOQ is approximately $5559.48. Therefore, the Economic
Order Quantity (EOQ) is approximately 60.83 bicycles, the number of orders to meet
annual demand is 7, and the total cost at EOQ is approximately $5559.48.

To solve this problem, we can follow these steps:

1. Calculate the percentage change in the price of bananas.
2. Use the indirect demand and supply functions to find the quantity of bananas demanded and
supplied.
3. Calculate the percentage change in the quantity of bananas demanded.
4. Use the given ratio to find the percentage change in the quantity of apples demanded.
5. Finally, calculate the change in the quantity of apples demanded.
Let's start with step 1:
1. Calculate the percentage change in the price of bananas: The change in price of bananas is
the subsidy given by the government, which is €3/kg. To find the percentage change, we
need to divide the change in price by the original price and then multiply by 100. Original
price of bananas (Pb) = 24 €/kg Change in price = 3 €/kg Percentage change = (3 / 24) * 100
= 12.5%
Now, let's move to step 2:
2. Use the indirect demand and supply functions to find the quantity of bananas demanded and
supplied: Demand function: pd = 24 - 2qd Supply function: ps = 9 + qs To find the quantity
demanded, we need to solve for qd when pd = 24 - 2qd: 24 - 2qd = 24 - 12.5% * 24 2qd =
12.5% * 24 qd = (12.5% * 24) / 2 qd = 3 kg
Similarly, to find the quantity supplied, we need to solve for qs when ps = 9 + qs: