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Exponential Regression Should Never Be Used If Data Do Not

question 2

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Exponential regression should never be used if data do not exhibit constant percentage change.


Definitions:

Absolute Measure

A quantitative way of assessing a variable or phenomenon that is not relative to other variables or phenomena.

Relative Measure

An assessment or quantification that is expressed as a relationship or comparison to another quantity or unit.

Poverty Threshold

The essential level of earnings required to live a decent life in a certain country.

Wage Earner's

Individuals whose income is derived primarily from their employment salary or wages.

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