Question: Transform the predictor variable for the model so that the coefficients can be evaluated using bivariate regression. Obtain estimates of the unknowns a and b
Transform the predictor variable for the model![]()
so that the coefficients can be evaluated using bivariate regression. Obtain estimates of the unknowns a and b using the data base.
Compute the correlation coefficient and standard error of estimate, and compare the goodness of fit statistics with those for a linear model of y on x.
y=a+bx
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