The log-log and exponential models, ln(x) = β0 + β1ln(x) + ε and ln(y) = β0 + β1x + ε, were fit given data on y and x, and the following table summarizes the regression results. Which of the two models provides a better fit?
A) The log-log model.
B) The exponential model.
C) The models are not comparable.
D) The provided information is not sufficient to make the conclusion.
Correct Answer:
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