In which of the following models does the slope coefficient b₁ 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 the log-log regression model, the slope coefficient b₁ measures the approximate percentage change in y (11eab0ce_308c_3d85_a083_97c34f11757b_TB4266_11) when x increases by 1%.

In Which of the Following Models Does the Slope Coefficient