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To test the validity of a multiple regression model involving three independent variables,the null hypothesis states that:
Federal Reserve Board
The governing body of the Federal Reserve System, responsible for overseeing the United States' central bank policies, including regulating banks and setting interest rates.
Federal Open Market Committee
The branch of the Federal Reserve System responsible for setting monetary policy, including influencing interest rates and controlling the money supply.
U.S. Government Securities
Financial instruments issued by the United States Department of the Treasury to finance government spending and obligations, considered low-risk investments.
Excess Reserves
The capital reserves held by a bank or financial institution in excess of what is required by regulators, central bank, or other financial authority.
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