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Basic Question 1 of 4

Consider the following exhibit. If it is transformed into a log-log model lnY = a + blnX, which is true?

A. b < 0
B. 0 < b < 1
C. b > 1

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Learning Outcome Statements

describe different functional forms of simple linear regressions

CFA® 2024 Level I Curriculum, Volume 1, Module 10.