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Exercises MEF - 2 - 2018

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Exercise Session 2, 2 October 2018

Mathematics for Economics and Finance


Prof: Norman Schürhoff
TAs: Jakub Hajda, Jimmy Lerch

Exercise 1
(a) Compute
3 1 −1 2
−5 1 3 −4
D= .
2 0 1 −1
1 −5 3 −3

(b) Calculate rank(A), |A|, tr(A), A−1 for  


1 4 7
A= 3 2 5 .
5 2 8

Exercise 2
A and B are squared matrixes of order n > 2, det A and det B are their determinants. Which of the following
statements are true:

(a) if det A = det B, then det(A − B) = 0.


(b) if A and B differ only by interchange of 2 columns, then det A = det B.
(c) if det A 6= 0, then either det B = 0 or det(AB) = 0.

Exercise 3
Consider a matrix Am×n . Which of the following statements are true and which are false? Explain why.

(a) If the rows of matrix A are linearly independent, then m > n.


(b) If the rows of matrix A are linearly dependent, then m > n.
(c) If m > n, then the rows of matrix A are linearly independent.
(d) If m > n, then the rows of matrix A are linearly dependent.

Exercise 4
For what values of the constant p and q does the following system have a unique solution, several solutions, or
no solution? 
 x1 + x2 + x3 = 2q
2x1 − 3x2 + 2x3 = 4q
3x1 − 2x2 + px3 = q.

1
Exercise 5
Consider the following system of equations:


 w − x + y − z = b1
w − x + y + z = b2


 4w − 4x + 4y = b3
−2w + 2x − 2y + z = b4 .

(a) Give the solution set of the homogenous system.

(b) Give the solution set of the inhomogenous system with b = [2, 0, 4, −3].

Exercise 6
Let A be a matrix  
1 2 3
2 4 6
A=
−1

4 1
2 −8 −2
.

(a) Find a basis for the null space of A, N ull(A).


(b) Find a basis for the column space of A, Col(A).
(c) Verify the Rank-Nullity Theorem (Theorem A.7, p.248 of Lecture Notes).

Exercise 7
Discuss the solutions of following system for all values of a and b.

 x + 2y + 3z = 1
−x + ay − 21z = 2 .
3x + 7y + az = b

Exercise 8
(a) Let us consider the quadratic form Q given by

Q(x, y) = ax2 + bxy + cy 2 .

Show that Q is positive definite if and only if a > 0 and b2 < 4ac.
(b) Determine the definiteness of

Q = 3x21 + x22 + 6x23 − 2x1 x2 + 2x1 x3 + 4x2 x3

(c) Determine the definiteness of


Q = −x21 + 6x1 x2 − 9x22 − 2x23 .

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