Question: Consider the examples above. We have seen that the model mathrm lwidehat{mathrm n(Y)} = -1.5 0.56(X) can be transformed to the exponential model to widehat{mathrm
Consider the examples above. We have seen that the model \mathrm l\widehat{\mathrm n(Y)} = -1.5 0.56(X) can be transformed to the exponential model to \widehat{\mathrm Y} = (0.223) \cdot (1.75)^{X}, which gives the interpretation that for every increase in X by 1 unit, the average value of Y will increase 75%. Let's consider an increase in X by 2 units. For every increase in X by 2 units, the average value of Y increases ________ . Hint: you do not need R to answer this question. You can answer this question using your calculator or by making an example in Excel. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 1.12 units. b 3.5 units. c 150%. d 206%
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