When using a multiplicative power function (Y = a X₁^b1X₂^b2X₃^b3)to represent an economic relationship,estimates of the parameters (a,and the b's)using linear regression analysis can be obtained by first applying a ____ transformation to convert the function to a linear relationship. A) semilogarithmic B) double-logarithmic C) reciprocal D) polynomial E) cubic

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The correct transformation for a multiplicative power function to be analyzed using linear regression is the double-logarithmic transformation. This involves taking the natural logarithm of both sides of the equation, which linearizes the relationship and allows the estimation of the parameters using linear regression techniques.

When Using a Multiplicative Power Function (Y = a X1b1X2b2X3b3)to

When Using a Multiplicative Power Function (Y = a X₁^b1X₂^b2X₃^b3)to