Dun & Bradstreet reports, among other things, information about new business incorporations and number of business failures
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Now develop a different regression model by recoding x. Use Tukey€™s four-quadrant approach as a resource. Compare your models.
Rate of Business Current Liabilities
Failures of Failing Companies
(10,000) .... ($ millions)
44 ...... 1,888
43 ....... 4,380
42 ...... 4,635
61 ...... 6,955
88 ...... 15,611
110 ...... 16,073
107 ...... 29,269
115 ...... 36,937
120 ...... 44,724
102 ...... 34,724
98 ...... 39,126
65...... 44,261
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The model is b 0 b 1 x Using logs log y log b 0 x log b 1 The regression mode...View the full answer
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