# ECO 351 - Business Statistics II - Problem Set 2

Quiz by LemonKing, updated more than 1 year ago
 Created by LemonKing almost 7 years ago
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2

### Description

Problem Set 2 from my ECO 351 - Business Statistics II/Introductory Econometrics course Spring 2015 at University of North Carolina at Greensboro.

## Resource summary

### Question 1

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: a. Yi = β0 + β1Xi + εi
Answer
• Linear in the Variables
• Linear in the Coefficients
• Not Linear in Variables
• Not Linear in Coefficients

### Question 2

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: b. Yi = exp(β0) + β1Xi + εi
Answer
• Linear in the Variables
• Linear in the Coefficients
• Not Linear in Variables
• Not Linear in Coefficients

### Question 3

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: c. Yi = β0 + β1Xi3 + εi
Answer
• Linear in the Variables
• Linear in the Coefficients
• Not Linear in Variables
• Not Linear in Coefficients

### Question 4

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: d. lnYi = β0/β1 + β2Xi + εi
Answer
• Linear in the Variables
• Linear in the Coefficients
• Not Linear in Variables
• Not Linear in Coefficients

### Question 5

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: e. Yi = β04 + β1Xi + εi
Answer
• Linear in the Variables
• Linear in the Coefficients
• Not Linear in Variables
• Not Linear in Coefficients

### Question 6

Question
Identify whether the following equations are linear in the variables and/or linear in the coefficients: f. Yi = ln(β0) + β1Xi2 + εi
Answer
• Linear in the Variables
• Linear in the Coefficients
• Not Linear in Variables
• Not Linear in Coefficients

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