Question: Consider the following regression model: 1/Y i = 1 + 2 (1/X i ) + u i Neither Y nor X assumes zero

Consider the following regression model:

1/Y_i = β₁ + β₂ (1/X_i) + u_i

Neither Y nor X assumes zero value.
a. Is this a linear regression model?
b. How would you estimate this model?
c. What is the behavior of Y as X tends to infinity?
d. Can you give an example where such a model may be appropriate?

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