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Problem Set 2 from my ECO 351 - Business Statistics II/Introductory Econometrics course Spring 2015 at University of North Carolina at Greensboro.

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ECO 351 - Business Statistics II - Problem Set 2

Question 1 of 6

1

Identify whether the following equations are linear in the variables and/or linear in the coefficients:
a. Yi = β0 + β1Xi + εi

Select one or more of the following:

  • Linear in the Variables

  • Linear in the Coefficients

  • Not Linear in Variables

  • Not Linear in Coefficients

Explanation

Question 2 of 6

1

Identify whether the following equations are linear in the variables and/or linear in the coefficients:
b. Yi = exp(β0) + β1Xi + εi

Select one or more of the following:

  • Linear in the Variables

  • Linear in the Coefficients

  • Not Linear in Variables

  • Not Linear in Coefficients

Explanation

Question 3 of 6

1

Identify whether the following equations are linear in the variables and/or linear in the coefficients:
c. Yi = β0 + β1Xi3 + εi

Select one or more of the following:

  • Linear in the Variables

  • Linear in the Coefficients

  • Not Linear in Variables

  • Not Linear in Coefficients

Explanation

Question 4 of 6

1

Identify whether the following equations are linear in the variables and/or linear in the coefficients:
d. lnYi = β0/β1 + β2Xi + εi

Select one or more of the following:

  • Linear in the Variables

  • Linear in the Coefficients

  • Not Linear in Variables

  • Not Linear in Coefficients

Explanation

Question 5 of 6

1

Identify whether the following equations are linear in the variables and/or linear in the coefficients:
e. Yi = β04 + β1Xi + εi

Select one or more of the following:

  • Linear in the Variables

  • Linear in the Coefficients

  • Not Linear in Variables

  • Not Linear in Coefficients

Explanation

Question 6 of 6

1

Identify whether the following equations are linear in the variables and/or linear in the coefficients:
f. Yi = ln(β0) + β1Xi2 + εi

Select one or more of the following:

  • Linear in the Variables

  • Linear in the Coefficients

  • Not Linear in Variables

  • Not Linear in Coefficients

Explanation