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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