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Which of the Following Models Should Be Used If We β\beta

Question 4

Multiple Choice

Which of the following models should be used if we want to estimate the relationship between years of education and income if we expect the relationship to be non-linear.


A) Income= β\beta 0+B1Education
B) Income =B0+B12Education
C) Income =B0+B1Education + B12Education
D) Income =B0+B1Education +B1Education2

Correct Answer:

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