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In Multilevel Models,why Can Centring Be Useful

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In multilevel models,why can centring be useful?


Definitions:

Canadian Dollar

The official currency of Canada, often represented by the symbol CAD or C$.

Translation Gain

Profit or gain recognized from converting foreign currency transactions into the functional currency of a business during the consolidation of financial statements.

Direct Quote

An international exchange rate specified as the native currency per foreign currency unit.

Japanese Yen

The official currency of Japan, known in the financial and currency worlds by its code, JPY.

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