My colleague and I are trying to work through the in the formula below, but we have little experience working with this level of formula.

The question we have is essentially when working through the summary notation, would you:

A) Solve for each variable, then multiply each result by the Log; finally total SIGMA

B) Total for each variable in the subquery, total then multiple the log

C) Something completely different

I hope you can see from the solutions we are looking at that we essentially are looking for the order which to apply the LOG and the SUM.

We would appreciate any assistance in deciphering this. Thank you.