Question: 17 Use the following variance specification to transform the model relating food expenditure to weekly income. The model: FOOD: = B1 + 2INCOMEi + Ui

 17 Use the following variance specification to transform the model relating

17 Use the following variance specification to transform the model relating food expenditure to weekly income. The model: FOOD: = B1 + 2INCOMEi + Ui Variance specification: 012 = 02In(INCOMEi) Find the estimated coefficients of the transformed model. Fill in the blanks below. b_j b1* INCOME* b1* b2* 93.103 10.657 86.206 9.867 79.821 9.136 73.908 8.460

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