In which of the following models does the slope coefficient b₁/100 measure the approximate percentage change in when x increases by 1%? A) Linear regression model B) Exponential regression model C) Logarithmic regression model D) Log-log regression model

Question

Quizplus · Accepted Answer

In a logarithmic regression model, the slope coefficient measures the approximate percentage change in the dependent variable when the independent variable increases by 1%.

In Which of the Following Models Does the Slope Coefficient