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Transforming demand function to linear function
International Journal of Statistics and Applied Mathematics · 2021 · Vol. 6(2) · pp. 31–36
Abdallah Ahmed Alkhalifa✉(University of Tabuk)
Abstract
The research aimed to transform the nonlinear demand function to linear function using statistical and mathematical models by using logarithms and dummy variables. The research resulted in that the linear model is a good alternative for nonlinear model.
Agricultural Economics and PracticesOptimization and Mathematical ProgrammingFunction (biology)Nonlinear systemLogarithmLinear modelApplied mathematicsMathematicsComputer scienceMathematical optimizationEconometricsStatistics
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