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

question 95

Multiple Choice

The logarithmic and log-log models,y = β₀ + β₁ln(x) + ε and ln(y) = β₀ + β₁ ln(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 logarithmic model.
• B) The log-log model.
• C) The models are not comparable.
• D) The provided information is not sufficient to make the conclusion.

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Definitions:

Dissociation

A psychological condition in which there is a disconnection between thoughts, identity, consciousness, and memory.

Displacement

A defense mechanism where an individual redirects emotional impulses from a real object to a substitute target.

Psychological Reaction

The emotional and mental response an individual has to a particular event, situation, or stimulus.

Primary Appraisal

The initial evaluation process where an individual assesses the significance of a stressor as irrelevant, beneficial, or threatening.