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A B E F G 1 C D Changes in Consumer Price Index, 1960-2006 (Percent) 2 Year-Year Percent Change in Commodities CPI Year-YearChoose the dependent variable (the response variable to be explained) and the independent variable (the predictor or explanPlease use excel to solve. Any help would be greatly appreciated.

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Answer Date: 09/06/2020 The dependent variable is services% due to the services% dependent on commodities%. The answer optionSUMMARY OUTPUT Regression Statistics Multiple R 0.852827504 R Square 0.727314751 Adjusted R Square 0.721255079 Standard ErrorThe R-square is, From Excel output, the R-square is 0.727

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