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Table 3 Bounds test results

From: Decision making on financial investment in Turkey by using ARDL long-term coefficients and AHP

H0: No levels relationship

Dependent Variable

F-statistic

Degree of Freedom

Significance level

I (0)

I (1)

EURO

7.0319

9

1%

2.5

3.68

GOLD

8.9254

9

1%

2.65

3.97

USD

7.5707

9

1%

2.97

4.24