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In a simple linear regression problem, the following sum of squares are produced: , , and . The percentage of the variation in y that is explained by the variation in x is:
Exchange Rate
The price of one currency expressed in terms of another currency, determining how much of one currency can be exchanged for another.
Canadian Dollars
The official currency of Canada, represented by the symbol CAD.
Trading Securities
Financial instruments like stocks or bonds held by a firm, primarily for the purpose of selling them in the near term to realize a gain.
Long-term
Pertaining to or occurring over an extended period, often exceeding one year, in the context of investments, loans, or planning.
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