Suppose that you believe that a cubic relationship exists between the independent variable (of time)and the dependent variable Y.Which of the following would represent a valid linear regression model? A)Y = b₀ + b₁X,where X = time³ B)Y = b₀ + b₁X³,where X = time C)Y = b₀ + 3b₁X,where X = time³ D)Y = b₀ + 3b₁X,where X = time E)Y = b₀ + b₁X,where X = time^1/3

Question

Quizplus · Accepted Answer

The Answer of Suppose that you believe that a cubic relationship exists between the independent variable (of time)and the dependent variable Y.Which of the following would represent a valid linear regression model? A)Y = b₀ + b₁X,where X = time³ B)Y = b₀ + b₁X³,where X = time C)Y = b₀ + 3b₁X,where X = time³ D)Y = b₀ + 3b₁X,where X = time E)Y = b₀ + b₁X,where X = time^1/3

Suppose That You Believe That a Cubic Relationship Exists Between