Carlynne A one-tailed test is a statistical test in which the null hypothesis is that the population mean is less than or equal to the value specified in the alternative hypothesis. A one-tailed test is also known as a directional test. Why is a one tailed test more powerful? A one tailed test is more powerful … Read more
The Federal Reserve’s M2 definition of the money supply includes all physical currency, checking account deposits, traveler’s checks, money market mutual fund balances, and other time deposits. M2 growth is a key indicator of future inflationary pressure in the economy. If M2 growth is too high, it can lead to inflationary pressures in the economy. … Read more
