Question
The Federal Deposit Insurance Corporation (FDIC) supplies data for insured commercial banks, by state or other area. In the data, the cases are the 50
The Federal Deposit Insurance Corporation (FDIC) supplies data for insured commercial banks, by state or other area. In the data, the cases are the 50 states, the District of Columbia, Guam, and Puerto Rico. Bank assets, interestbearing deposits, and equity capital are given in billions ofdollars.
| StateTerritory | Assets | IntBearingDep | Equity | Ln(Assets) | Ln(IntBearingDep) | Ln(Equity) |
| Alabama | 261.8 | 143 | 34.4 | 5.56758085 | 4.96284463 | 3.538056564 |
| Alaska | 6.4 | 2.8 | 0.8 | 1.85629799 | 1.029619417 | -0.22314355 |
| Arizona | 24.4 | 12 | 2.7 | 3.19458313 | 2.48490665 | 0.993251773 |
| Arkansas | 97.7 | 64.9 | 13.5 | 4.58190156 | 4.172847624 | 2.602689685 |
| California | 756.7 | 380.9 | 92.1 | 6.62896687 | 5.942536873 | 4.522874943 |
| Colorado | 63 | 42 | 6.3 | 4.14313473 | 3.737669618 | 1.840549633 |
| Connecticut | 111.2 | 67.2 | 12.8 | 4.71133038 | 4.207673248 | 2.549445171 |
| Delaware | 1067.3 | 608.3 | 145.8 | 6.97288737 | 6.410668181 | 4.98223582 |
| District of Columbia | 1.2 | 0.7 | 0.1 | 0.18232156 | -0.356674944 | -2.30258509 |
| Florida | 196 | 124.9 | 20.3 | 5.27811466 | 4.827513417 | 3.010620886 |
| Georgia | 312.3 | 193.6 | 36.4 | 5.74396426 | 5.265794175 | 3.594568775 |
| Guam | 2.4 | 1.6 | 0.2 | 0.87546874 | 0.470003629 | -1.60943791 |
| Hawaii | 53.4 | 32 | 5.2 | 3.97781075 | 3.465735903 | 1.648658626 |
| Idaho | 6.2 | 3.5 | 0.7 | 1.82454929 | 1.252762968 | -0.35667494 |
| Illinois | 494.4 | 287.8 | 55.8 | 6.20334491 | 5.662265794 | 4.021773869 |
| Indiana | 94.9 | 60.6 | 11.1 | 4.55282371 | 4.104294893 | 2.406945108 |
| Iowa | 83.7 | 55.8 | 9.1 | 4.42723898 | 4.021773869 | 2.208274414 |
| Kansas | 70.3 | 45.2 | 8.1 | 4.2527718 | 3.811097087 | 2.091864062 |
| Kentucky | 59.7 | 37.9 | 6.7 | 4.08933202 | 3.634951112 | 1.902107526 |
| Louisiana | 76.7 | 46.1 | 9.2 | 4.33990171 | 3.83081295 | 2.219203484 |
| Maine | 26.7 | 17.2 | 3 | 3.28466357 | 2.844909384 | 1.098612289 |
| Maryland | 40.6 | 24.2 | 4.9 | 3.70376807 | 3.186352633 | 1.589235205 |
| Massachusetts | 390.2 | 244 | 39.7 | 5.96665943 | 5.497168225 | 3.681351188 |
| Michigan | 79.2 | 44.4 | 8.8 | 4.3719763 | 3.793239469 | 2.174751721 |
| Minnesota | 73.5 | 47.1 | 7.9 | 4.29728541 | 3.852273001 | 2.066862759 |
| Mississippi | 94.7 | 55.3 | 10.9 | 4.550714 | 4.012772909 | 2.388762789 |
| Missouri | 159 | 100.1 | 16.2 | 5.0689042 | 4.606169686 | 2.785011242 |
| Montana | 34.4 | 19.9 | 4.1 | 3.53805656 | 2.990719732 | 1.410986974 |
| Nebraska | 74.1 | 47.4 | 7.8 | 4.30541553 | 3.858622229 | 2.054123734 |
| Nevada | 220.1 | 179.3 | 17.5 | 5.39408199 | 5.189060381 | 2.862200881 |
| New Hampshire | 11 | 7.6 | 1.2 | 2.39789527 | 2.028148247 | 0.182321557 |
| New Jersey | 148.6 | 92.9 | 17.2 | 5.00125813 | 4.531523646 | 2.844909384 |
| New Mexico | 13.3 | 8 | 1.3 | 2.58776404 | 2.079441542 | 0.262364264 |
| New York | 1004.2 | 603.3 | 120.4 | 6.91194648 | 6.402414585 | 4.790819533 |
| North Carolina | 2033.5 | 1057.2 | 242.6 | 7.61751373 | 6.963379183 | 5.491413997 |
| North Dakota | 28.8 | 19.5 | 2.9 | 3.36037539 | 2.970414466 | 1.064710737 |
| Ohio | 3077 | 1655.1 | 314 | 8.03171038 | 7.411616709 | 5.749392986 |
| Oklahoma | 114.9 | 68 | 12.3 | 4.74406218 | 4.219507705 | 2.509599262 |
| Oregon | 31.3 | 17 | 4.9 | 3.4436181 | 2.833213344 | 1.589235205 |
| Pennsylvania | 247 | 159.2 | 29.9 | 5.50938834 | 5.070161273 | 3.39785848 |
| Rhode Island | 132.7 | 72.1 | 18.2 | 4.88809094 | 4.278054044 | 2.901421594 |
| South Carolina | 36.1 | 22.9 | 4.9 | 3.58629287 | 3.131136911 | 1.589235205 |
| South Dakota | 3193.8 | 1779.8 | 316.7 | 8.06896671 | 7.484256277 | 5.757954954 |
| Tennessee | 130.6 | 81 | 16.3 | 4.87213922 | 4.394449155 | 2.791165108 |
| Texas | 499.1 | 249.9 | 55.5 | 6.21280648 | 5.521060838 | 4.016383021 |
| Utah | 654.3 | 448.3 | 78.3 | 6.48356596 | 6.105462651 | 4.360547603 |
| Vermont | 4.9 | 3.1 | 0.5 | 1.58923521 | 1.131402111 | -0.69314718 |
| Virginia | 731.7 | 472.5 | 92.4 | 6.59537059 | 6.158037747 | 4.526126979 |
| Washington | 77.1 | 44.5 | 9.8 | 4.34510328 | 3.795489189 | 2.282382386 |
| West Virginia | 29.6 | 18.2 | 3.6 | 3.38777436 | 2.901421594 | 1.280933845 |
| Wisconsin | 112.9 | 70.6 | 13.5 | 4.72650247 | 4.257030144 | 2.602689685 |
| Wyoming | 8.3 | 5.8 | 0.9 | 2.11625551 | 1.757857918 | -0.10536052 |
| Puerto Rico | 62.4 | 72.1 | 8.5 | 4.13356528 | 4.278054044 | 2.140066163 |
We are interested in describing how assets are explained by total interestbearing deposits and total equity capital. Consider the log transformation for all variables. Run the regression using the logtransformed variables and report the coefficients of the leastsquares equation of the form =0+11+22, where 1 is the logtransformed interestbearing deposit and 2 is the logtransformed equitycapital.
(Use decimal notation. Give your answers to four decimalplaces.)
0=
1=
2=
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College Algebra Enhanced With Graphing Utilities (Subscription)
Authors: Michael Sullivan, Michael Sullivan III
6th Edition
0321849167, 9780321849168
