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Data Visualizationhard
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A scatter plot of N=200N=200N=200 data points shows a non-linear relationship. After applying a transformation Y′=ln⁡(Y)Y' = \ln(Y)Y′=ln(Y) and X′=ln⁡(X)X' = \ln(X)X′=ln(X), the scatter plot of (X′,Y′)(X', Y')(X′,Y′) shows a strong linear correlation r=0.95r=0.95r=0.95 with a slope b1=1.2b_1 = 1.2b1​=1.2. Which of the following statements is/are true?