Question 24 1 pts The following is a regression output similar to the one we discussed in class. The dependent variable is the monthly change in the dollar/pound exchange rate. The independent variable is the inflation differential between the two countries (US inflation minus UK inflation). We cannot say that the relationship between the exchange rate and the inflation differential is statistically significant, because the likelihood that there is no relationship is %. Regression Statistics Multiple R 0.07264715 R Square 0.00534415 Adjusted R Square 0.00527761 Standard Error 0.02484891 Observations 354 ANOVA df Significance F 0.172625 1 Regression Residual Total SS MS F 0.001153 0.001153 1.867575 0.217349 0.000617 0.218502 352 353 Coefficients 0.0007206 0.37610444 Standard Error t Stat P-value 0.001321 0.545337 0.585867 0.275213 1.366592 0.172625 Intercept CPI change, US-UK Lower 95% -0.001878 -0.165165 Upper 95% 0.0033194 0.9173737 7.26 0.38 58.59 0.53 17.26