Examlex
Which is not something the Fed can do directly to conduct monetary policy?
Power of a Test
The probability that a statistical test will correctly reject a false null hypothesis; a measure of a test's ability to detect an effect when there is one.
Null Hypothesis
A statement used in statistics that proposes there is no significant difference or effect, and any observed difference is due to sampling or experimental error.
Probability
A gauge for predicting the chance that an event will happen, expressed in numbers that fall within 0 and 1.
Power Consumption
The amount of energy consumed by a device or system in a given period.
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