The Linear and Logarithmic Models,y = β₀ + β₁x

question 92

Multiple Choice

The linear and logarithmic models,y = β₀ + β₁x + ε and y = β₀ + β₁ln(x) + ε,were used to 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 linear model.
• B)The logarithmic model.
• C)The models are not comparable.
• D)The provided information is not sufficient to make the conclusion.