A-4. Suppose the independent variable is X and the dependent variable is Y, what is the most appropriate regression equation for testing how a percentage increase in X influences the a percentage increase in Y?

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A-4. Suppose the independent variable is X and the dependent variable is Y, what is the
most appropriate regression equation for testing how a percentage increase in X influences
the a percentage increase in Y?
A. Ln(Y) = bo + bıln(X)
B. Ln(Y) = bo + b1X
C. Y = bo+biLn(X)
D. Y = bo + bịX
Transcribed Image Text:A-4. Suppose the independent variable is X and the dependent variable is Y, what is the most appropriate regression equation for testing how a percentage increase in X influences the a percentage increase in Y? A. Ln(Y) = bo + bıln(X) B. Ln(Y) = bo + b1X C. Y = bo+biLn(X) D. Y = bo + bịX
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