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We estimate the following model: Iny=,+x1+lnxx1+u, and obtain the following parameter estimates 1=1.0,1=1,4, and 2=1.2. Predict y variable (approximately for an individual with xi=2.5 and

We estimate the following model: Iny=,+x1+lnxx1+u, and obtain the following parameter estimates 1=1.0,1=1,4, and 2=1.2. Predict y variable (approximately for an individual with xi=2.5 and x0=1

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