Essay
Suggest a transformation in the variables that will linearize the deterministic part of the population regression functions below. Write the resulting regression function in a form that can be estimated by using OLS.
(a)Yi = β0
(b)Yi = (c)Yi = (d)Yi = β0
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(a)ln(Yi)= ln( β0)+ β1 ln(X1i)+ β2 ln(X2i)
(b)
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(b)
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