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Based on the Correlations Below: We Could Say That

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Based on the correlations below: Based on the correlations below:   we could say that x1 accounts for 64 percent of the variation in y and x2 accounts for 49 percent of the variation in y. So if both xs are included in a multiple regression model, then the resulting R-square = 1.13. we could say that x1 accounts for 64 percent of the variation in y and x2 accounts for 49 percent of the variation in y. So if both xs are included in a multiple regression model, then the resulting R-square = 1.13.

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Definitions:

Spanish Currency

The Euro, which is the official currency of Spain, part of the Eurozone countries that have adopted the euro (€) as their legal tender.

Commercial Banks

Financial institutions that provide a range of services such as accepting deposits, lending money, and offering investment products.

Store Of Value

An asset that can be saved, retrieved, and exchanged at a later time, and be predictably useful when retrieved.

Money Supply

The aggregate financial resources within an economy, including cash, coins, and the funds in checking and savings accounts, at a designated time.

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