Exercises
Mix and Match
Match each description on the left with its mathematical expression on the right.
1. Reciprocal transformation | (a) log y = b0 + b1 log x |
2. Opposite of log transformation | (b) 1.01x |
3. Slope estimates elasticity | (c) exp (x) |
4. 1% increase in x | (d) 1/y |
5. Approaches b0 as x gets large | (e) y = b0 + b11/x |
6. Random variation | (f) |
7. Diminishing marginal return | (g) |
8. Pattern unsuited to log or reciprocal transformations | (h) |
9. Negative, nonlinear association | (i) |
10. Linear pattern | (j) |
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