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An analyst is investigating the relation...

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题目

An analyst is investigating the relationship between the annual growth in consumer spending (CONS) in a country and the annual growth in the country’s GDP (GGDP). The analyst estimates the following two models:「huixue_img/importSubject/1564548697075879936.png」Which of following statement about the functional form used in these models are correct?

选项

A.Model 2 is the simple linear regression with no variable transformation, whereas Model 1 is a lin-log model with the natural log of the variable CONS as the independent variable.

B.Model 1 is the simple linear regression with no variable transformation,\nwhereas Model 2 is a lin-log\nmodel with the natural log of the variable\nCONS as the independent variable.

C.Model 1 is the simple linear regression with no variable transformation, whereas Model 2 is a Log-log model with the natural log of the variable CONS as the independent variable.

答案

B

解析

B is correct. Model 1 is the simple linear regression with no variable transformation,whereas Model 2 is a lin-logmodel with the natural log of the variableCONS as the independent variable.这道题目说:An analyst is investigating the relationship between the annual growth in consumer spending (CONS) in a country and the annual growth in the country’s GDP (GGDP). The analyst estimates the following two models:所以GGDP就是因变量Y,CONS是自变量X。第一个模型是Y和X直接做回归,所以就属于普通的单元回归(simple linear regression)。而第二个模型是Y(GGDP)不变,用ln(CONS)作为自变量,也就是用Y和ln X回归,属于Lin-log model。前面的lin表示Y不变,-后面的log表示X要取对数。所以这题选b