Question
On February 3, 2010, Microsoft stock sold for $28.50 per share, Intel for $19.50 per share, and Dell for $13.50 per share. At these prices,
On February 3, 2010, Microsoft stock sold for $28.50 per share, Intel for $19.50 per share, and Dell for $13.50 per share. At these prices, Juanita, Debbie, and Dawn each purchased shares in these three companies as shown in the table.
Microsoft | Intel | Dell | |
Juanita | 35 | 45 | 25 |
Debbie | 30 | 40 | 35 |
Dawn | 25 | 35 | 40 |
(a) Express the price per share of each stock on February 3, 2010, as a 1x3 matrix "A" Be sure to label the row and columns.
Microsoft Intel Dell
A= 02/3/2010 [ ____?_____. ____?____. ____?_____]
(b) Express the shares purchased of the three stocks by the three investors as a 3x3 matrix B. Be sure to label the rows and columns so you can answer part (c).
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| Juanita | Debbie | Dawn | ||
B = | Microsoft |
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Intel |
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Dell |
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(c) Find AB and interpret the entries.
AB = [ ____?_____. ____?____. ____?_____]
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