Math Problem Statement
We realize the following relationship exists between dependent and independent variables: y = a bx.
To be able to fit a linear regression model, we transform the function and get the following linear function y*= b0 + b1 x.
After determining what transformation was used, answer the following questions. What is the value of b1?
Group of answer choices
exp(b)
1/b
b
Ln(b)
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Exponential Functions
Linear Regression
Logarithmic Transformation
Formulas
Exponential model: y = a * b^x
Logarithmic transformation: ln(y) = ln(a) + x * ln(b)
Linear form: y* = b0 + b1 * x
Theorems
Logarithmic properties
Linear regression transformation
Suitable Grade Level
Grades 10-12
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