The slope coefficient ,?2, of ............ model measures elasticity of Y with respect to X.
A)regression through the origin
B)log log model
C)log lin model
D)clrm

Question

Quizplus · Accepted Answer

The log-log model, where both the dependent variable (Y) and the independent variable (X) are transformed using the natural logarithm, measures the elasticity of Y with respect to X. This means it estimates the percentage change in Y for a one percent change in X.

The Slope Coefficient ,?2, of