Transforming a model into a linear model
Problem
Suppose that
\[y_i=\sqrt{β_1+β_2x_i+ε_i}\]
where GM applies.
- How can you transform this into a linear model?
- How should we interpret \(β_2\) ?
Solution
Problem
Suppose that
\[y_i=\sqrt{β_1+β_2x_i+ε_i}\]
where GM applies.
Solution