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Suppose the Fed sells government bonds. Use a graph of the money market to show what this does to the value of money.
ANOVA
Short for Analysis of Variance, a statistical method used to compare means of three or more samples.
Second Grouping Factor
A secondary variable used in an analysis to categorize or group data, allowing for comparisons across different levels of this variable.
4 × 3 Factorial Design
A statistical test used in experiments involving two independent variables, one with four levels and the other with three levels, to determine their effect on a dependent variable.
Levels
The different values or categories that an experimental condition or variable can take on in a study.
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