Question
Economic fert = 1 + 2 * gas + e1 ( estimated 1= 288, eatimated 2=14.171) log(fert) = 1 + 2 * gas + e2
Economic
fert = 1 + 2 * gas + e1 ( estimated 1= 288, eatimated 2=14.171)
log(fert) = 1 + 2 * gas + e2 (estimated 1=5.5775 , estimated 2=0.0439)
log(fert) = 1 + 2* log(fert) + e3 (estimated 1=5.4611 , estimated 2=0.23187)
find the fitted models for all three equations
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
