"Describe how to obtain nonlinear least squares estimates of the parameters in the model
y=αx^β + e. "
You have to use log transformation.
How would I use log transformation for the model y=αx^β + e. I am so confused right now
Take the log of both sides if the equation:
logY= βlog ax +log e ,this is now a linear function.
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.
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