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Basic estimation techniques

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Reference no: EM132240773

After learning the basic estimation techniques in CH 4, which of the following regression models will you choose to explore how population and income determine the demand on pizza and obtain the estimation of "constant" income elasticity of demand on pizza? Please brief explain your choice.

  • Simple linear model
  • Multiple linear model
  • Quadratic model
  • Log-linear model

Reference no: EM132240773

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