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The following regression model was estimated to forecast the value of the Malaysian ringgit (MYR): MYRt=a0+a1NCt1+a2NFt1+ut change in the inflation differential is 7%. Using this
The following regression model was estimated to forecast the value of the Malaysian ringgit (MYR): MYRt=a0+a1NCt1+a2NFt1+ut change in the inflation differential is 7%. Using this information, the forecast for the percentage change in the ringgit is will need to enter 5.5 for the correct answer because .055=5.5% ) % ( 1 decimal place please; note % is already given, so if you find an answer of .055 , you
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