1. Below you will find the summary output for a forecast of change in foreign exchange between the USD and the CAD (Canadian Dollar). Foreign exchange is quoted in CAD per USD (i.e. indirect for USD). Three variables are included as explanatory variables: 1) differences in interest rates, 2) differences in money supply growth and 3) differences in corporate tax rates.

1. Comment on the significance of the regression.
2. Give a reasoned explanation of the result for differences in interest rates-LINK TO THEORY
3. Give a reasoned explanation of the results for differences in GDP growth-LINK TO THEORY
4. Give a reasoned explanation of the results for differences in corporate tax rates-TRY TO EXPLAIN

SUMMARY OUTPUT
Regression Statistics
Multiple R	0.52
R Square	0.40
Adjusted R Square	0.30
Standard Error	0.02
Observations	374.00
ANOVA
	df	SS	MS	F	Significance F
Regression	3.00	0.01	0.00	14.30	0.00
Residual	370.00	0.11	0.00
Total	373.00	0.12
	Coefficients	Standard Error	t Stat	P-value	Lower 95%
Intercept	0.00	0.00	-0.06	0.96	0.00
Interest CAD-interest USD	1.45	0.05	6.52	0.00	0.24
gMD(CAD)-gMS(USD)	0.80	0.03	2.05	0.09	-0.19
Tax Rates (CAD)-Tax Rates (USD)	0.55	0.05	2.50	0.04	-0.07