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Squares and other powers

An exponent, or a power, is mathematical shorthand for repeated multiplications. For example, the exponent “2” means to multiply the base for that exponent by itself (in the example here, the base is “5”):

5 2 = 5 × 5 = 25

The exponent is “2” and the base is the number “5.” This expression (multiplying a number by itself) is also called a square. Any number raised to the power of 2 is being squared. Any number raised to the power of 3 is being cubed:

5 3 = 5 × 5 × 5 = 125

A number raised to the fourth power is equal to that number multiplied by itself four times, and so on for higher powers. In general:

n x = n × n x 1

Calculating percents

A percent is a way of expressing a fractional amount of something using a whole divided into 100 parts. A percent is a ratio whose denominator is 100. We use the percent symbol, %, to show percent. Thus, 25% means a ratio of 25 100 , 3% means a ratio of 3 100 , and 100 % percent means 100 100 , or a whole.

Converting percents

A percent can be converted to a fraction by writing the value of the percent as a fraction with a denominator of 100 and simplifying the fraction if possible.

25% = 25 100 = 1 4

A percent can be converted to a decimal by writing the value of the percent as a fraction with a denominator of 100 and dividing the numerator by the denominator.

10% = 10 100 = 0.10

To convert a decimal to a percent, write the decimal as a fraction. If the denominator of the fraction is not 100, convert it to a fraction with a denominator of 100, and then write the fraction as a percent.

0.833 = 833 1000 = 83.3 100 = 83.3%

To convert a fraction to a percent, first convert the fraction to a decimal, and then convert the decimal to a percent.

3 4 = 0.75 = 75 100 = 75%

Suppose a researcher finds that 15 out of 23 students in a class are carriers of Neisseria meningitides . What percentage of students are carriers? To find this value, first express the numbers as a fraction.

carriers total students = 15 23

Then divide the numerator by the denominator.

15 23 = 15 ÷ 23 0.65

Finally, to convert a decimal to a percent, multiply by 100.

0.65 × 100 = 65%

The percent of students who are carriers is 65%.

You might also get data on occurrence and non-occurrence; for example, in a sample of students, 9 tested positive for Toxoplasma antibodies, while 28 tested negative. What is the percentage of seropositive students? The first step is to determine the “whole,” of which the positive students are a part. To do this, sum the positive and negative tests.

positive + negative = 9 + 28 = 37

The whole sample consisted of 37 students. The fraction of positives is:

positive total students = 9 37

To find the percent of students who are carriers, divide the numerator by the denominator and multiply by 100.

9 37 = 9 ÷ 37 0.24 0.24 × 100 = 24%

The percent of positive students is about 24%.

Another way to think about calculating a percent is to set up equivalent fractions, one of which is a fraction with 100 as the denominator, and cross-multiply. The previous example would be expressed as:

9 37 = x 100

Now, cross multiply and solve for the unknown:

Questions & Answers

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
can you send the book attached ?
Ariel
?
Ariel
What is economics
Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn Reply
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn
what is ecnomics
Jan Reply
this is the study of how the society manages it's scarce resources
Belonwu
what is macroeconomic
John Reply
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
etc
husaini
difference between firm and industry
husaini Reply
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?
Toofiq Reply
explain standard reason why economic is a science
innocent Reply
factors influencing supply
Petrus Reply
what is economic.
Milan Reply
scares means__________________ends resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Zarshad Reply
Why qualify 28 supplies
Milan
what are explicit costs
Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
David Reply
economic overview notes
Amahle Reply
identify a demand and a supply curve
Salome Reply
i don't know
Parul
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
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Source:  OpenStax, Microbiology. OpenStax CNX. Nov 01, 2016 Download for free at http://cnx.org/content/col12087/1.4
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