Question: Use the data in Table 11-6 to run a polynomial regression model of exports to Singapore versus M1 and M1 squared, as well as Price

Use the data in Table 11-6 to run a polynomial regression model of exports to Singapore versus M1 and M1 squared, as well as Price and Price squared, and an interaction term. Also try to add a squared variable into the model. Find the best, most parsimonious regression model for the data.

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