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State pros and cons of the regression results of each equation: Equation 1 : R 2 = .42 T - value of this Time Indep.

State pros and cons of the regression results of each equation: Equation 1 : R 2 = .42 T - value of this "Time" Indep. Var. = 3.45 Equation 2 : R 2 = .82 T - value of this "Cross Sectional" Indep. Var. = .78

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