states: If the regression of Y on () and () is run in double-log form for the data of Prob
Question: Problem 7 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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Solution Format: Word Document
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