exercis1 - 1 = 126? b. What is the error of this expansion?...

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Exercise 1 1. Construct a second order Taylor series expansion of the Zellner production function used in “Investing in Precision Agriculture” for the average response curve around the point v 1 =124.90 and v 2 =1.0. a. Holding v 2 constant, what is the approximation of production v
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Unformatted text preview: 1 = 126? b. What is the error of this expansion? c. What is the approximation at v 1 =125? d. What is the error of this expansion? 2. Using Mathematica, graph the error of the expansion over the range v 1 in [120,130]....
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