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The Linear and Logarithmic Models,y = β0 + β1x

question 47

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The linear and logarithmic models,y = β0 + β1x + ε and 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? The linear and logarithmic models,y = β<sub>0</sub> + β<sub>1</sub>x + ε and y = β<sub>0</sub> + β<sub>1</sub> 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 linear model. B) The logarithmic model. C) The models are not comparable. D) The provided information is not sufficient to make the conclusion.

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