Finite Mathematics for the Managerial, Life, and Social Sciences-Custom Edition
Finite Mathematics for the Managerial, Life, and Social Sciences-Custom Edition
11th Edition
ISBN: 9781305283831
Author: Tan
Publisher: Cengage Learning
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Chapter C, Problem 11E
To determine

To find:

The expression for logarithm function 2lna+3lnb as logarithm of a single quantity.

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1. Find the mean of the x-values (x-bar) and the mean of the y-values (y-bar) and write/label each here: 2. Label the second row in the table using proper notation; then, complete the table. In the fifth and sixth columns, show the 'products' of what you're multiplying, as well as the answers. X y x minus x-bar y minus y-bar (x minus x-bar)(y minus y-bar) (x minus x-bar)^2 xy 16 20 34 4-2 5 2 3. Write the sums that represents Sxx and Sxy in the table, at the bottom of their respective columns. 4. Find the slope of the Regression line: bi = (simplify your answer) 5. Find the y-intercept of the Regression line, and then write the equation of the Regression line. Show your work. Then, BOX your final answer. Express your line as "y-hat equals...
Apply STATA commands & submit the output for each question only when indicated below 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…
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