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Home/Archive for: June 25, 2023

Day: June 25, 2023

Excel Tutorial for Statistics

How to Transform Natural Logarithm (Ln) in Cobb Douglas Regression Analysis using Excel

By Kanda Data / Date Jun 25.2023

In production theory, the production function is defined as the technical relationship between inputs and outputs, where the output is a function of the inputs. The production function allows us to understand how input variables can explain the output variable. Inputs in the production process include capital, labor, and other production input variables.

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