Describe the appropriate interpretation of the following log models - specify the values:
a. lnY_i=0.5+0.33X_i
b. Y_i=2300+450ln X_i
c. lnY_i=4.5+17 ln X_i

Name: Describe the appropriate interpretation of the following log models - specify the values: a. lnY i =0.5+0.33X i b. Y i =2300+450ln X i c. lnY i =4.5+17 ln X i
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Question

Describe the appropriate interpretation of the following log models - specify the values: a. lnY_i=0.5+0.33X_i b. Y_i=2300+450ln X_i c. lnY_i=4.5+17 ln X_i

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The Answer of Describe the appropriate interpretation of the following log models - specify the values: a. lnY_i=0.5+0.33X_i b. Y_i=2300+450ln X_i c. lnY_i=4.5+17 ln X_i

Describe the Appropriate Interpretation of the Following Log Models -