True False Uncertain with Explanation a To decide whether Yi

True, False, Uncertain with Explanation:

(a) To decide whether Y_i = ₀ + ₁X_i + u_i or ln(Y_i ) = ₀ + ₁X_i + u_i fits the data better, you should examine the regression R².

Solution

True since R2 dtermines model effocacy and it it indicates which model is more persimonius.