Examlex

Solved

For the Logarithmic Model Y = β0 + β1ln(x)+ ε,β1/100

question 93

True/False

For the logarithmic model y = β0 + β1ln(x)+ ε,β1/100 is the approximate change in E(y)when x increases by one percent.


Definitions:

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Tablet PC

A portable personal computer equipped with a touchscreen as the primary input device, designed for mobile use and small enough to be held in one hand.

Related Questions