4. The manager of Collins Import Autos believes the number of cars sold in a day (Q)...

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4. The manager of Collins Import Autos believes the number of cars sold in a day (Q) depends on two factors: (1) the number of hours the dealership is open (H) and (2) the number of salespersons working that day (S ). After collecting data for two months

(53 days), the manager estimates the following log-linear model:

a. Explain how to transform this log-linear model into a linear form that can be estimated using multiple regression analysis.

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Managerial Economics

ISBN: 9780073375915

10th Edition

Authors: Christopher R Thomas, S Charles Maurice

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