Examlex
Suppose that during a given year the nominal interest rate remains at 5% and the CPI rises from 147 to 154. What is the real rate of interest?
Categories
Distinct groups or classes into which data can be classified.
Expected Frequency
The number of times an event is predicted to occur within a specified number of trials or over a given period of time, based on probability.
Observed Frequency
The count of occurrences or instances of a particular event or characteristic in a data set.
Chi-squared Distribution
A distribution used in statistics to test hypotheses about the frequency distribution of observed data compared to the expected distribution if the null hypothesis is true.
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