Given the following information determine the equation for t

Given the following information, determine the equation for the unit formulation. (Round intermediate calculations to 4 decimal places)

Possible answers:
a) Y = (900)(X) ^0.9000
b) Y = (900)(X) ^-0.2109
c) Y = (900)(X) ^0.6931
d) Y = (900)(X) ^-0.1521

Solution

Using a log-log linear regression,

slope = exponent of x = -0.2109
constant = 10^intercept = 10^2.954 = 900

Thus,

y = 900 x ^ -0.2109 [ANSWER, OPTION B]