Mathematical Modeling (1 cr): x | | 1.01 The Mathematical Modelis x | 2 01-01_task2.docx X 01-01_task2 - Google Docs X + - C ) docs.google.com/document/d/1yzXNTqFsjiHU8WmVbxEmeDz257|wUIVmDASjsCHmZbo/edit 01-01_task2 * 0 & kami & Sh File Edit View Insert Format Tools Extensions Help Accessibility 9 5 2 5 4 5 100% - Normal text Times ... - - 12 + B Z U A O G # 0 B - 13 93 . B . . Read the following problem situation and answer the questions. In 1849, gold was discovered at Sutter's Mill in California. This was one year before it became the 31st state in the United States. People from all over the world traveled to California to try their luck mining for gold. It is estimated that around 12 million ounces of gold were mined during the resulting gold rush. From 1849 through the end of the gold rush, around 1855, the price of gold held steady at $18.93 per ounce. What was the total value of gold mined during the gold rush? 1. Think about the information you are given in the problem. Sometimes you are given more information than you need. One of the important things to consider is what information is needed to solve a problem and what information is not needed. List two pieces of information that are not needed to solve the problem. Write your response below: the dates, 31st state 2. Again, thinking about the information in the problem, one of the steps in the Mathematical Modeling Cycle is to identify constants and variables. Remember a variable is a value that changes or it can also be an unknown value. acer SP W WMathematical Modeling (1 cr): x | | 1.01 The Mathematical Modelis x | 01-01_task2.docx x 01-01_task2 - Google Docs X + docs.google.com/document/d/1yzXNTqFsjiHU8WmVbxEmeDz2$7/wUIVmDASjsCHmZbo/edit 01-01 task2 * b & kami Share File Edit View Insert Format Tools Extensions Help Accessibility 9 6 2 5 4 5 100% - Normal text Times ... - - 12 + B I U A O G 4 0 B - 13 9= - B - BY 5. One of the most overlooked parts of the Mathematical Modeling Cycle is communication. Communication needs to be both precise (correct) and concise (direct statements). Perform the calculation from #3 correctly and write a statement answering the question posed in the problem. Write your response below: 6. Often, even though you are given information in a problem, you will still need to find additional information in order to answer a question. Suppose the problem is changed to ask, "How much would the amount of gold mined during the California gold rush be worth today?" What additional piece of information must you have in order to answer this question? Write your response below: acer @ SP 5 W