(Solution Library) states: If the regression of Y on () and () is run in double-log form for the data of Problem 6, the results are as follows: In = -0.533 - 0.389


Question: states: If the regression of Y on ( ) and ( ) is run in double-log form for the data of Problem 6, the results are as follows:

In = -0.533 – 0.389 In +0.769 In

(-3.304) (4.042)

=0.95054 F=183.582

Compare the above results with those of problem 6. Which are better? Why?

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