In the __________ model, to estimate, the response variable is measured in natural logs, ln (y_t), and then a run regression of ln (y_t) on t. A) linear B) exponential C) cubed D) quadratic

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Quizplus · Accepted Answer

The exponential model is used when the response variable is measured in natural logs, as indicated by the use of ln(y). This approach is common when modeling growth processes or when the rate of change of the variable is proportional to its current value.

In the __________ Model, to Estimate, the Response Variable Is