What will be the behavior of y as x tends to infinity. give, Ask an Expert

Economics

Consider the following regression model:

1/yi = b1+b2(1/xi)+ui

(a) Is this a linear regression model?
(b) How would you estimate this model?
(c) What will be the behavior of Y as X tends to infinity
(d) Give an ex where such a model will be appropriate

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M940071

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