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Exhibit 14-7

question 99

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Exhibit 14-7.Assume you ran a multiple regression to gain a better understanding of the relationship between lumber sales,housing starts,and commercial construction.The regression uses lumber sales (in $100,000s) as the response variable with housing starts (in 1000s) and commercial construction (in 1000s) as the explanatory variables.The results of the regression are: Exhibit 14-7.Assume you ran a multiple regression to gain a better understanding of the relationship between lumber sales,housing starts,and commercial construction.The regression uses lumber sales (in $100,000s) as the response variable with housing starts (in 1000s) and commercial construction (in 1000s) as the explanatory variables.The results of the regression are:   Refer to Exhibit 14-7.The explanatory variables (housing starts and commercial construction) together explained approximately _____% of the variations in the response variable (lumber sales) . A) 18 B) 22 C) 78 D) 82 Refer to Exhibit 14-7.The explanatory variables (housing starts and commercial construction) together explained approximately _____% of the variations in the response variable (lumber sales) .

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Definitions:

Revolutions

Fundamental changes in political, social, economic, or cultural structures, often occurring in a relatively short period and frequently accompanied by conflict.

Syncretism

The blending of different beliefs, cultures, or schools of thought, resulting in a cohesive new tradition.

Ethnocide

The intentional and organized obliteration of an ethnic group's cultural identity.

Acculturation

The process of cultural change and psychological change that results following meeting between cultures.

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