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For the logarithmic model y = β0 + β1ln(x) + ε,the predicted value of y is computed by:
Earning
The income obtained from work (wages), investments, business, or other sources, typically measured over a certain period of time.
Conclusion
Conclusion is the final part of something, or in logic, the statement that logically follows from the premises in an argument.
Introduces
To present or bring to notice something for the first time, or to make something known that was previously unknown.
Consequently
A term indicating that as a result of something previously stated, a logical conclusion or outcome follows.
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