The linear and logarithmic models, y = β₀ + β₁x + ε and y = β₀ + β₁ ln(x) + ε, were fit given data on y and x, and the following table summarizes the regression results. Which of the two models provides a better fit? A) The linear model. B) The logarithmic model. C) The models are not comparable. D) The provided information is not sufficient to make the conclusion.

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The Answer of The linear and logarithmic models, y = β₀ + β₁x + ε and y = β₀ + β₁ ln(x) + ε, were fit given data on y and x, and the following table summarizes the regression results. Which of the two models provides a better fit? A) The linear model. B) The logarithmic model. C) The models are not comparable. D) The provided information is not sufficient to make the conclusion.

The Linear and Logarithmic Models, Y = β0 + β1x

The Linear and Logarithmic Models, Y = β₀ + β₁x