Please help with the nonlinear question:

Economics
Tutor: None Selected Time limit: 1 Day

"Describe how to obtain nonlinear least squares estimates of the parameters in the model y=αx^β + e. "

Apr 1st, 2015

You have to use log transformation.

Apr 2nd, 2015

How would I use log transformation for the model y=αx^β + e. I am so confused right now

Apr 2nd, 2015

Take the log of both sides if the equation:

logY= βlog ax +log e ,this is now a linear function.


Apr 2nd, 2015

If you need detailed explanation, i will upload a document on it for $20 but i still need more time as I will still work on it. Please confirm.

Apr 2nd, 2015

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Apr 1st, 2015
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Apr 1st, 2015
May 24th, 2017
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