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For the mock study examining the connections between inflation, the Federal funds rate, and the value of the S&P 500 index, the Pearson correlation coefficient
For the mock study examining the connections between inflation, the Federal funds rate, and the value of the S&P 500 index, the Pearson correlation coefficient is the most suitable statistical test. It is specifically designed to evaluate linear relationships between continuous variables. The selection is based on the fundamental character of the research inquiry, aiming to comprehend the linear correlation between various economic variables
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