Calculus for Business, Economics, Life Sciences, and Social Sciences - Boston U.
15th Edition
ISBN: 9781323047620
Author: Barnett, Ziegler, Byleen
Publisher: Pearson Education
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Chapter B.2, Problem 48E
Economy stimulation. Due to reduced taxes, a person has an extra $1,200 in spendable income. If we assume that the person spends 65% of this on consumer goods, and the producers of these goods in turn spend 65% on consumer goods, and that this process continues indefinitely, what is the total amount spent (to the nearest dollar) on consumer goods?
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Apply STATA commands & submit the output for each question only when
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i.
Generate the log of birthweight and family income of children. Name
these new variables Ibwght & Ifaminc. Include the output of this
code.
ii. Apply the command sum with the detail option to the variable
faminc. Note: you should find the 25th percentile value, the 50th
percentile and the 75th percentile value of faminc from the output -
you will need it to answer the next question Include the output of this
code.
iii.
iv.
Use the output from part ii of this question to Generate a variable
called "high_faminc" that takes a value 1 if faminc is less than or
equal to the 25th percentile, it takes the value 2 if faminc is greater
than 25th percentile but less than or equal to the 50th percentile, it
takes the value 3 if faminc is greater than 50th percentile but less than
or equal to the 75th percentile, it takes the value 4 if faminc is greater
than the 75th percentile. Include the outcome of this code…
solve this on paper
For each given function f(x) find f'(x) using the rules learned in section 9.5.
1. f(x)=x32
32x
2. f(x)=7x+13
3. f(x) =
x4
4. f(x) = √√x³
5. f(x) = 3x²+
3
x2
Chapter B.2 Solutions
Calculus for Business, Economics, Life Sciences, and Social Sciences - Boston U.
Ch. B.2 - Which of the following can be the first four terms...Ch. B.2 - (A)If the 1st and 15th terms of an arithmetic...Ch. B.2 - Prob. 3MPCh. B.2 - MATCHED PROBLEM 4 Find the sum of all the odd...Ch. B.2 - Find the sum of the first eight terms of the...Ch. B.2 - Repeat Example 6 with a loan of 6,000 over 5...Ch. B.2 - Repeat Example 7 with a tax rebate of 2,000....Ch. B.2 - In Problems 1 and 2, determine whether the...Ch. B.2 - In Problems 1 and 2, determine whether the...Ch. B.2 - In Problems 38, determine whether the finite...
Ch. B.2 - In Problems 38, determine whether the finite...Ch. B.2 - Prob. 5ECh. B.2 - In Problems 38, determine whether the finite...Ch. B.2 - In Problems 38, determine whether the finite...Ch. B.2 - In Problems 38, determine whether the finite...Ch. B.2 - Let a1, a2, a3, , an, be an arithmetic sequence....Ch. B.2 - Let a1, a2, a3, , an, be an arithmetic sequence....Ch. B.2 - Prob. 11ECh. B.2 - Let a1, a2, a3, , an, be an arithmetic sequence....Ch. B.2 - Let a1, a2, a3, , an, be an arithmetic sequence....Ch. B.2 - Prob. 14ECh. B.2 - Prob. 15ECh. B.2 - Let a1, a2, a3, , an, be a geometric sequence. In...Ch. B.2 - Prob. 17ECh. B.2 - Let a1, a2, a3, , an, be a geometric sequence. In...Ch. B.2 - Prob. 19ECh. B.2 - Let a1, a2, a3, , an, be a geometric sequence. In...Ch. B.2 - Let a1, a2, a3, , an, be a geometric sequence. In...Ch. B.2 - Let a1, a2, a3, , an, be a geometric sequence. In...Ch. B.2 - Prob. 23ECh. B.2 - Let a1, a2, a3, , an, be a geometric sequence. In...Ch. B.2 - S41=k=141(3k+3)=?Ch. B.2 - Prob. 26ECh. B.2 - S8=k=18(2)k1=?Ch. B.2 - S8=k=182k=?Ch. B.2 - Find the sum of all the odd integers between 12...Ch. B.2 - Find the sum of all the even integers between 23...Ch. B.2 - Find the sum of each infinite geometric sequence...Ch. B.2 - Repeat Problem 31 for: (A)16, 4, 1, (B)1, 3, 9, ...Ch. B.2 - Find f(1)+f(2)+f(3)++f(50) if f(x) = 2x 3.Ch. B.2 - Find g(1)+g(2)+g(3)++g(100) if g(t) = 18 3t.Ch. B.2 - Find f(1)+f(2)++f(10) if f(x)=(12)x.Ch. B.2 - Find g(1)+g(2)++g(10) if g(x) = 2x.Ch. B.2 - Prob. 37ECh. B.2 - Show that the sum of the first n even positive...Ch. B.2 - If r = 1, neither the first form nor the second...Ch. B.2 - Prob. 40ECh. B.2 - Does there exist a finite arithmetic series with...Ch. B.2 - Does there exist a finite arithmetic series with...Ch. B.2 - Does there exist a infinite geometric series with...Ch. B.2 - Does there exist an infinite geometric series with...Ch. B.2 - Loan repayment. If you borrow 4,800 and repay the...Ch. B.2 - Loan repayment. If you borrow 5,400 and repay the...Ch. B.2 - Economy stimulation. The government, through a...Ch. B.2 - Economy stimulation. Due to reduced taxes, a...Ch. B.2 - Compound interest. If 1,000 is invested at 5%...Ch. B.2 - Compound interest. If P is invested at 100r%...
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- Apply STATA commands & submit the output for each question only when indicated below i. Apply the command egen to create a variable called "wyd" which is the rowtotal function on variables bwght & faminc. ii. Apply the list command for the first 10 observations to show that the code in part i worked. Include the outcome of this code iii. Apply the egen command to create a new variable called "bwghtsum" using the sum function on variable bwght by the variable high_faminc (Note: need to apply the bysort' statement) iv. Apply the "by high_faminc" statement to find the V. descriptive statistics of bwght and bwghtsum Include the output of this code. Why is there a difference between the standard deviations of bwght and bwghtsum from part iv of this question?arrow_forwardAccording to a health information website, the distribution of adults’ diastolic blood pressure (in millimeters of mercury, mmHg) can be modeled by a normal distribution with mean 70 mmHg and standard deviation 20 mmHg. b. Above what diastolic pressure would classify someone in the highest 1% of blood pressures? Show all calculations used.arrow_forwardWrite STATA codes which will generate the outcomes in the questions & submit the output for each question only when indicated below i. ii. iii. iv. V. Write a code which will allow STATA to go to your favorite folder to access your files. Load the birthweight1.dta dataset from your favorite folder and save it under a different filename to protect data integrity. Call the new dataset babywt.dta (make sure to use the replace option). Verify that it contains 2,998 observations and 8 variables. Include the output of this code. Are there missing observations for variable(s) for the variables called bwght, faminc, cigs? How would you know? (You may use more than one code to show your answer(s)) Include the output of your code (s). Write the definitions of these variables: bwght, faminc, male, white, motheduc,cigs; which of these variables are categorical? [Hint: use the labels of the variables & the browse command] Who is this dataset about? Who can use this dataset to answer what kind of…arrow_forward
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