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For a non-linear model salary = b0 + b1*log (years of experience). If b1 = 5122, which of the following statements is correct? When years
For a non-linear model salary = b0 + b1*log (years of experience). If b1 = 5122, which of the following statements is correct? When years of experience increases by 1, salary increases (on average) by $5122. When years of experience decreases by 1, salary increases (on average) by $5122. When years of experience increases by 1%, salary increases (on average) by $51.22. When years of experience decreases by log (1), salary increases (on average) by $51.22. x
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