Intro Stats
4th Edition
ISBN: 9780321826275
Author: Richard D. De Veaux
Publisher: PEARSON
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Textbook Question
Chapter 4, Problem 49E
Assets again Here are the same data you saw in Exercise 45 after re-expressions as the square root of assets (in $M) and the logarithm of assets (in $M):
- a) Which re-expression do you prefer? Why?
- b) In the square root re-expression, what does the value 50 actually indicate about the company’s assets?
- c) In the logarithm re-expression, what does the value 3 actually indicate about the company’s assets?
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Chapter 4 Solutions
Intro Stats
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