Contingency tables/tests for misclassifications between the second optimal inflationary level (20%) and multiples of 5 per cent levels of inflation using modified misclassification rule.

Table E1.
Inflation 5%
Optimal Infl. level predicts correctly
Optimal Infl. level predicts incorrectly
TOTAL
Selected infl. level

predicts correctly

776
104
880
Selected infl. level

predicts incorrectly

114
94
208
TOTAL
890
198
1088

{chi_1}^2= 0.46
 
 

Table E2.
Inflation 10%
Optimal Infl. level predicts correctly
Optimal Infl. level predicts incorrectly
TOTAL
Selected infl. level

predicts correctly

823
79
902
Selected infl. level

predicts incorrectly

67
119
186
TOTAL
890
198
1088

{chi_1}^2=0.99
 

Table E3
Inflation 15%
Optimal Infl. level predicts correctly
Optimal Infl. level predicts incorrectly
TOTAL
Selected infl. level

predicts correctly

861
22
883
Selected infl. level

predicts incorrectly

29
176
205
TOTAL
890
198
1088

{chi_1}^2=.96
 
 

Table E4
Inflation 25%
Optimal Infl. level predicts correctly
Optimal Infl. level predicts incorrectly
TOTAL
Selected infl. level

predicts correctly

842
15
857
Selected infl. level

predicts incorrectly

48
183
231
TOTAL
890
198
1088

{chi_1}^2=17.29
 
 

Table E5
Inflation 30%
Optimal Infl. level predicts correctly
Optimal Infl. level predicts incorrectly
TOTAL
Selected infl. level

predicts correctly

812
37
849
Selected infl. level

predicts incorrectly

78
161
239
TOTAL
890
198
1088

{chi_1}^2=14.62
 
 

Table E6
Inflation 35%
Optimal Infl. level predicts correctly
Optimal Infl. level predicts incorrectly
TOTAL
Selected infl. level

predicts correctly

778
49
827
Selected infl. level

predicts incorrectly

112
149
261
TOTAL
890
198
1088

{chi_1}^2=24.65
 
 

Table E7
Inflation 40%
Optimal Infl. level predicts correctly
Optimal Infl. level predicts incorrectly
TOTAL
Selected infl. level

predicts correctly

771
55
826
Selected infl. level

predicts incorrectly

119
143
262
TOTAL
890
198
1088

{chi_1}^2=23.54