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Which of the Following Regression Models Is a First-Order Polynomial

Question 48

Multiple Choice

Which of the following regression models is a first-order polynomial?

A) y = β₀ + ε
B) y = β₀ + β₁x + ε
C) y = β₀ + β₁x +β₂x²+ ε
D) y = β₀ + β₁x + β₂x² + β₃x³ + ε

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