3) A coworker is considering the use of a log linear (power) model using weight
ID: 3438277 • Letter: 3
Question
3) A coworker is considering the use of a log linear (power) model using weight to estimate the cost of a missile engine. They have performed the following calculations in log space using natural logarithms. Select the corresponding unit space form of this power model equation.
Log Space b1 = 1.109438 Log Space b0 = -0.122932
Cost = 0.884324 (Weight) 1.109438
Cost = 0.884324 + 1.109438 (Weight)
Cost = 2.421347 (Weight) 1.109438
Cost = 1.109438 + 0.884324 (Weight)
3) A coworker is considering the use of a log linear (power) model using weight to estimate the cost of a missile engine. They have performed the following calculations in log space using natural logarithms. Select the corresponding unit space form of this power model equation.
Log Space b1 = 1.109438 Log Space b0 = -0.122932
Cost = 0.884324 (Weight) 1.109438
Cost = 0.884324 + 1.109438 (Weight)
Cost = 2.421347 (Weight) 1.109438
Cost = 1.109438 + 0.884324 (Weight)
Explanation / Answer
Regression line is y = b1x+antilog of b0
Hence cost = 1.109438(weight) + 0.884324
II option is right.
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