Miscellaneous Review Questions for

Calculus Applied to the Real World

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This Topic: The Integral

Other Topics:


Functions and Graphs

Derivatives

Maxima and Minima

Elasticity of Demand

Question 1

Evaluate each of the following integrals.

Answer


Question 2

Evaluate each of the following integrals analytically.

Answer


Question 3

(a) Annual sales of Eli Lilly Corp.'s human growth hormone Humatrope can be modeled by

where y represents annual sales in millions of dollars, and t represents the number of years since the drug's approval by the FDA in 1987.Ý (Take t = 0 to correspond to January 1, 1987.) Use the model to give an estimate (to the nearest $10 million) of the value of total sales of Humatrope from January, 1987 through December, 1997. Round your answer to the nearest million.

(b) Referring to the model in part (a), calculate both S'(6) and 06S(t) dt (round both answers to three significant digits) and carefully explain what is measured by each.

Ý The model is a very crude one, based on 1991 sales data, total sales data through May, 1992 and very rough estimates of the potential market and selling price. Source: Senate Judiciary Committee; Subcommittee on Antitrust and Monopoly/The New York Times, May 14, 1992, p. D1.

Answer


Question 4

The number of number of firms registered as investment advisers with the Securities and Exchange Commission increased significantly in the early 1990s, at a rate of approximately 1,400 per year.ý Further, a total of 21,600 firms were registered by September 1994. Use a definite integral to estimate the number registered in September 1991.

ý The model is based on linearized data. Source for data: Cerulli Associates/The New York Times, June 25, 1995, p. 6F.

Answer


Question 5

A 1995 article in the New York Times gave projections of the total cost of a four-year college education from 1996 to 2011, based on a continuous growth rate of 6.8% per year. These costs can be modeled as follows.

where t is in years, and t = 0 represents 1996.

* Models are based on published data. Source: Dreyfus Service Corporation/The New York Times, August 6, 1995, Section 3, p. 1.

Answer


We would welcome submissions of additional questions to add to this page. Submit questions with answers to:

Stefan Waner
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Steven R. Costenoble
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Last Updated:May, 1997
Copyright © 1996 StefanWaner and Steven R. Costenoble