This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The interpretation of the slope coefficient in the model ln(Yi) = 0 + 1Xi + ui is as ... (Read 88 times)

schs14

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
The interpretation of the slope coefficient in the model ln(Yi) = 0 + 1Xi + ui is as follows:

Question 2

To decide whether Yi = 0 + 1X + ui or ln(Yi) = 0 + 1X + ui fits the data better, you cannot consult the regression R2 because


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ergserg

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1



Answer to Question 2



schs14

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

A Model of a Pulsating X-Ray Source A Model of a Pulsating X-Ray Source
A Simple Neural Model of Classical Conditioning A Simple Neural Model of Classical Conditioning
Thomas Waterman Wood, a northerner, painted this hopeful interpretation of Reconstruction, His First Thomas Waterman Wood, a northerner, painted this hopeful interpretation of Reconstruction, His First
William A. Garnett, Erosion and Strip Farms, East Slope of the Tehachapi Mountains. William A. Garnett, Erosion and Strip Farms, East Slope of the Tehachapi Mountains.
The Steady State of the Solow Model The Steady State of the Solow Model
The orange ball is a model of an HPV16 virus The orange ball is a model of an HPV16 virus
Video: Spinal Cord Injury Animation

For a complete list of videos, visit our video library