USE EXCEL - Use the data in the table:

Estimate linear and multiplicative (Cobb-Douglas) production functions. Based on your results which do you consider the better model, why?

Plant	Output	Capital	Labor
1	605.3	18891	700.2
2	566.1	19201	651.8
3	647.1	20655	822.9
4	523.7	15082	650.3
5	712.3	20300	859
6	487.5	16079	613
7	761.6	24194	851.3
8	442.5	11504	655.4
9	821.1	25970	900.6
10	397.8	10127	550.4
11	896.7	25622	842.2
12	359.3	12477	540.5
13	979.1	24002	949.4
14	331.7	8042	575.7
15	1064.9	23972	925.8