Question: In reference to the equation, ln (Y)= -0.70+1.25in(X), the value 1.25 is the expected change in Ywhen X increases by one percent. True or False

In reference to the equation, ln (Y)= -0.70+1.25in(X), the value 1.25 is the expected change in Ywhen X increases by one percent.

True or False

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