What is curve linear?
Linear in linear regression means linear in parameters. It refers to the relationship between the parameters that you are estimating (e.g., β) and the dependent variable (e.g., yi). Hence, y=exβ+ϵ is linear, but y=eβx+ϵ is not. This has nothing to do with the powers of the independent variables. There are a few…
Answered Feb 14, 2023 · 1.2K Views Read answer →