Please put together the RPPP from Point 1, interpret the results of hypothesis testing from Point 4, and conclude whether the RPPP holds for the Turkish lira?U.S. dollar and Egyptian pound?U.S. dollar exchange rates. The length of your write-up can be in 3 paragraphs.

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Regression Turkey SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept X Variable 1 0.806856823 0.651017932 0.637058649 0.263364499 df 27 1 25 26 Turkey Data Regression Egypt SS MS Significance F 3.234776761 3.234776761 46.63691863 0.000000370349 1.734021488 0.0693608595 4.968798249 Coefficients Standard Error -0.016960196 1.053817691 P-value t Stat 0.0761204645 -0.222807311 0.82549586 0.154312306 6.829122831 0.0000003703 Egypt Data Lower 95.0% Lower 95% Upper 95% -0.173733227 0.139812835 -0.173733227 0.736005548 1.371629834|| 0.736005548 Upper 95.0% 0.139812835 1.371629834 Regression Turkey SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept X Variable 1 0.806856823 0.651017932 0.637058649 0.263364499 df 27 1 25 26 Turkey Data Regression Egypt SS MS Significance F 3.234776761 3.234776761 46.63691863 0.000000370349 1.734021488 0.0693608595 4.968798249 Coefficients Standard Error -0.016960196 1.053817691 P-value t Stat 0.0761204645 -0.222807311 0.82549586 0.154312306 6.829122831 0.0000003703 Egypt Data Lower 95.0% Lower 95% Upper 95% -0.173733227 0.139812835 -0.173733227 0.736005548 1.371629834|| 0.736005548 Upper 95.0% 0.139812835 1.371629834

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The RPPP states that exchange rates between two countries should move inversely with the relative inflation rates between those two countries To test ... View the full answer