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In assessing South Korean monetary policy, researchers at the Bank of Korea studied the effects of three in?ation-?ghting policies the bank had instituted, to determine whether there were any statistically signi?cant differences in the average monetary-economic reaction to these three policies. The results of an ANOVA the bank carried out were reported as df = (2, 55), F-distribution statistic = 52.787.7 Interpret these ANOVA results. Are all three policies equally effective?

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