Explanation:
Both linear trend models and log-linear trend models are regression models with a single independent variable:
Both models have time as their single independent variable, making option C the correct answer.
Boost Your Career 🚀
No comments yet.
Sign Up to Unlock AI Tutor
Which of the following trend models are regression models with a single independent variable?
A
Linear trend models only
B
Log-linear trend models only
C
Both linear trend models and log-linear trend models