We have seen examples of matrices used to solve problems across many real-world applications. Such as:
Some key things to remember:
Matrices allow us to perform multiple individual calculations in one operation and can be used on very large arrays of data. As such, matrix applications are wide reaching, let's look at some further applications.
A second-hand bookstore sells textbooks at a markup of $50%$50%. The table shows the amounts they paid for old textbooks during the past academic year.
Semester 1 | Semester 2 | |
---|---|---|
Business | $\$940$$940 | $\$980$$980 |
Law | $\$1020$$1020 | $\$1170$$1170 |
Mathematics | $\$930$$930 | $\$1160$$1160 |
Science | $\$1180$$1180 | $\$1040$$1040 |
Engineering | $\$1150$$1150 | $\$970$$970 |
Organise the purchase costs into a cost matrix, with each row representing a subject and columns representing semesters.
$C$C | $=$= |
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Organise the revenue that will be generated when they manage to sell all the textbooks into a revenue matrix.
$R$R | $=$= | $\editable{}$ |
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$=$= |
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Complete the profit matrix.
$P$P | $=$= |
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$-$− |
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$=$= |
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How much profit would the bookstore have generated from the sale of all these textbooks?
The matrix $H$H below shows three friends and their scores over four games played against each other.
If $A$A and $B$B are matrices of ones as shown, answer the following questions.
$H$H | $=$= |
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$A$A | $=$= |
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$B$B | $=$= |
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Which calculation will give the average number of points that each player scored?
$\frac{1}{3}AH$13AH
$\frac{1}{4}AH$14AH
$\frac{1}{3}HB$13HB
$\frac{1}{4}HB$14HB
Who had the highest average score overall?
Mandy
Millie
Max