Some non-linear regressions can also be estimated using a linear regression model (using "linearization'). Assume that the data below show the selling prices y (in dollars) of a certain equipment against its age x (in years). We'd like to fit a non-linear regression in the form y= cd to estimate parameters c and d from the data by linearizing the model through In y= In c+ (In d)x = b0 + b,x. y y 6312 3. 5387 5697 4973 5734 4892 (Click the button to copy or download the data.) !! Using Excel ot other software, the non-linear regression model y = cdX can be estimated as: (Round c and d to four decimal places, inlcuding any zeros.)

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Chapter1: Combinatorial Analysis
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Some non-linear regressions can also be estimated using a linear regression model (using
"linearization'). Assume that the data below show the selling prices y (in dollars) of a certain
equipment against its age x (in years). We'd like to fit a non-linear regression in the form
y= cd to estimate parameters c and d from the data by linearizing the model through
In y= In c+ (In d)x = bo + b,x.
y
y
1
6312
5387
5697
4973
5734
4892
(Click the button to copy or download the data.)
Using Excel ot other software, the non-linear regression model y = cdX can be estimated as:
(Round c and d to four decimal places, inlcuding any zeros.)
Transcribed Image Text:Some non-linear regressions can also be estimated using a linear regression model (using "linearization'). Assume that the data below show the selling prices y (in dollars) of a certain equipment against its age x (in years). We'd like to fit a non-linear regression in the form y= cd to estimate parameters c and d from the data by linearizing the model through In y= In c+ (In d)x = bo + b,x. y y 1 6312 5387 5697 4973 5734 4892 (Click the button to copy or download the data.) Using Excel ot other software, the non-linear regression model y = cdX can be estimated as: (Round c and d to four decimal places, inlcuding any zeros.)
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