Although there are many variables affecting the exchange rate of currencies,applications of fundamental forecasting using multiple regression and ANOVA readily overcome the problem of having all these variables.

Question

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While multiple regression and ANOVA can help in understanding the relationship between variables affecting exchange rates, they cannot completely overcome the problem due to the complex and dynamic nature of financial markets, which are influenced by unpredictable geopolitical and economic events.

Although There Are Many Variables Affecting the Exchange Rate of Currencies,applications