Please write 2 pages of the data analysis attached. You can start with the definitions of each term that is being asked to being analyzed and continue with the explanation.

I have attached a copy of the case study and have completed the regression analysis in excel for you.

Below are the questions to be defined, analyzed, and explained.

One of the assertions is that changes in Federal Reserve policy can affect inflation.

1) Do the data support a connection between the rate of increase in the money supply and inflation?

2) Using the data on the growth rate of M2 and inflation in your spreadsheet, run a regression of the rate of inflation on the rate of growth of the money supply.

a) What does the coefficient on the money supply variable tell you?

b) What is the meaning of the p-value?

c) Is the regression coefficient significant?

d) Is faster money growth always associated with higher inflation?