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ln(salary) =

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Answer #1

A.)

Ln(S) B+1 Ln(MV) B2A 3Tu

[0B1Ln(MV)B2AB3T u a(MV) Ln(S) a(MV)

1 (AW)e s MV

MV) MV

a(MV MV
is the percentage change in Market Value. So For every unit percentage change in Market value, the percentage change is salary changes by
31
points.
31
is the ratio of percentage changes in Salary and market value.

The data for option B is not provided in the question

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Answer 1

A.)

Ln(S) B+1 Ln(MV) B2A 3Tu

[0B1Ln(MV)B2AB3T u a(MV) Ln(S) a(MV)

1 (AW)e s MV

MV) MV

a(MV MV
is the percentage change in Market Value. So For every unit percentage change in Market value, the percentage change is salary changes by
31
points.
31
is the ratio of percentage changes in Salary and market value.

The data for option B is not provided in the question