Concept:
This problem is based on logarithmic differentiation and higher order differentiation.
The given equation is first simplified into an explicit form of $y$, after which successive differentiation is performed carefully.
The important ideas involved are:
• Using logarithmic properties to simplify the expression.
• Converting logarithmic form into exponential form.
• Applying product rule and chain rule repeatedly.
• Expressing derivatives in terms of the original function $y$ to simplify calculations.
Step 1: Convert the logarithmic equation into explicit form.
Given,
\[
\log y=\log(\sin x)-x^2
\]
Using the logarithmic identity,
\[
\log a-\log b=\log\left(\frac{a}{b}\right)
\]
we rewrite:
\[
\log y=\log\left(\sin x\right)-\log(e^{x^2})
\]
Thus,
\[
\log y=\log\left(\frac{\sin x}{e^{x^2}}\right)
\]
Taking antilogarithm on both sides:
\[
y=\frac{\sin x}{e^{x^2}}
\]
Hence,
\[
y=e^{-x^2}\sin x
\]
This explicit form will now be differentiated.
Step 2: Find the first derivative $\dfrac{dy}{dx}$.
We differentiate
\[
y=e^{-x^2}\sin x
\]
using the product rule:
\[
\frac{d}{dx}(uv)=u\frac{dv}{dx}+v\frac{du}{dx}
\]
Let
\[
u=e^{-x^2}, \qquad v=\sin x
\]
Then,
\[
\frac{du}{dx}=e^{-x^2}(-2x)
\]
and
\[
\frac{dv}{dx}=\cos x
\]
Therefore,
\[
\frac{dy}{dx}=e^{-x^2}\cos x+\sin x\left(-2xe^{-x^2}\right)
\]
\[
\frac{dy}{dx}=e^{-x^2}\cos x-2xe^{-x^2}\sin x
\]
Since
\[
e^{-x^2}\sin x=y
\]
we get
\[
\frac{dy}{dx}=e^{-x^2}\cos x-2xy
\]
Hence,
\[
e^{-x^2}\cos x=\frac{dy}{dx}+2xy
\]
This relation will help simplify the second derivative.
Step 3: Find the second derivative $\dfrac{d^2y}{dx^2}$.
Differentiate
\[
\frac{dy}{dx}=e^{-x^2}\cos x-2xy
\]
Differentiating term by term:
\[
\frac{d^2y}{dx^2}=\frac{d}{dx}\left(e^{-x^2}\cos x\right)-\frac{d}{dx}(2xy)
\]
Using product rule on the first term:
\[
\frac{d}{dx}\left(e^{-x^2}\cos x\right)
=e^{-x^2}(-\sin x)+\cos x\left(-2xe^{-x^2}\right)
\]
Thus,
\[
=e^{-x^2}(-\sin x)-2xe^{-x^2}\cos x
\]
Since
\[
e^{-x^2}\sin x=y
\]
we get
\[
=-y-2xe^{-x^2}\cos x
\]
Now differentiate the second term:
\[
\frac{d}{dx}(2xy)=2x\frac{dy}{dx}+2y
\]
Therefore,
\[
\frac{d^2y}{dx^2}
=-y-2xe^{-x^2}\cos x-2x\frac{dy}{dx}-2y
\]
Combining like terms:
\[
\frac{d^2y}{dx^2}
=-3y-2xe^{-x^2}\cos x-2x\frac{dy}{dx}
\]
Now substitute
\[
e^{-x^2}\cos x=\frac{dy}{dx}+2xy
\]
So,
\[
\frac{d^2y}{dx^2}
=-3y-2x\left(\frac{dy}{dx}+2xy\right)-2x\frac{dy}{dx}
\]
Expanding:
\[
\frac{d^2y}{dx^2}
=-3y-2x\frac{dy}{dx}-4x^2y-2x\frac{dy}{dx}
\]
\[
\frac{d^2y}{dx^2}
=-3y-4x\frac{dy}{dx}-4x^2y
\]
Step 4: Evaluate the required expression.
Rearranging:
\[
\frac{d^2y}{dx^2}+4x\frac{dy}{dx}+4x^2y=-3y
\]
Hence,
\[
\boxed{-3y}
\]