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The Logarithmic and Log-Log Models, Y = β0 + β1ln(x)

question 12

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The logarithmic and log-log models, y = β0 + β1ln(x) + ε and ln(y) = β0 + β1 ln(x) + ε, were fit given data on y and x, and the following table summarizes the regression results. Which of the two models provides a better fit? The logarithmic and log-log models, y = β<sub>0</sub> + β<sub>1</sub>ln(x)  + ε and ln(y)  = β<sub>0</sub> + β<sub>1</sub> ln(x)  + ε, were fit given data on y and x, and the following table summarizes the regression results. Which of the two models provides a better fit?   A)  The logarithmic model. B)  The log-log model. C)  The models are comparable. D)  The provided information is not sufficient to make the conclusion.


Definitions:

Skinner

B.F. Skinner, an American psychologist known for his work in behaviorism and experimental analysis of behavior.

Freud

Sigmund Freud, an Austrian neurologist, established psychoanalysis, which is a therapeutic approach to address psychopathology by facilitating conversations between a patient and a psychoanalyst.

Unconditioned Stimulus

In the context of classical conditioning, a stimulus that naturally and effortlessly induces a response, without the need for prior learning.

Classical Conditioning

A foundational concept in behavioral psychology where an automatic conditioned response is established by pairing a neutral stimulus with an unconditioned stimulus.

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