Disssertation Proposal

Prospectus Instructions:

1. Read the entire Prospectus Template to understand the requirements for writing your prospectus. Each section contains a narrative overview of what should be included in the section and a table with required criteria for each section. WRITE TO THE CRITERIA, as they will be used to assess the prospectus for overall quality and feasibility of your proposed research study.

2. As you draft each section, delete the narrative instructions and insert your work related to that section. Use the criterion table for each section to ensure that you address the requirements for that particular section. Do not delete/remove the criterion table as this is used by you and your committee to evaluate your prospectus.

3. Prior to submitting your prospectus for review by your chair or methodologist, use the criteria table for each section to complete a realistic self-evaluation, inserting what you believe is your score for each listed criterion into the Learner Self-Evaluation column. This is an exercise in self-evaluation and critical reflection, and to ensure that you completed all sections, addressing all required criteria for that section.

4. The scoring for the criteria ranges from a 0-3 as defined below. Complete a realistic and thoughtful evaluation of your work. Your chair and methodologist will also use the criterion tables to evaluate your work.

5. Your Prospectus should be no longer than 6-10 pages when the tables are deleted.

Score

Assessment

0

Item Not Present

1

Item is Present. Does Not Meet Expectations. Revisions are Required: Not all components are present. Large gaps are present in the components that leave the reader with significant questions. All items scored at 1 must be addressed by learner per reviewer comments.

2

Item is Acceptable. Meets Expectations. Some Revisions May Be Required Now or in the Future. Component is present and adequate. Small gaps are present that leave the reader with questions. Any item scored at 2 must be addressed by the learner per the reviewer comments.

3

Item Exceeds Expectations. No Revisions Required. Component is addressed clearly and comprehensively. No gaps are present that leave the reader with questions. No changes required.

Criteria

Learner Self-Evaluation Score

(0-3)

Chair Evaluation Score

(0-3)

Reviewer Score

(0-3)

Introduction

This section briefly overviews the research focus or problem, why this study is worth conducting, and how this study will be completed.

The recommended length for this section is two to three paragraphs.

1. Dissertation topic is introduced along with why the study is needed.

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2. Provides a summary of results from the prior empirical research on the topic.

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3. Using results, societal needs, recommendations for further study, or needs identified in three to five research studies (primarily from the last three years), the learner identifies the stated need, called a gap.

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4. Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This Introduction section elaborates on the Topic from the 10 Strategic Points . This Introduction section provides the foundation for the Introduction section in Chapter 1 of the Proposal.

Reviewer Comments:

Criteria

Learner Self-Evaluation Score

(0-3)

Chair or Score

(0-3)

Reviewer Score

(0-3)

Background of the Problem

This section uses the literature to provide the reader with a definition and statement of the research gap and problem the study will address. This section further presents a brief historical perspective of when the problem started and how it has evolved over time.

The recommended length for this section is two-three paragraphs.

1. Includes a brief discussion demonstrating how literature has established the gap and a clear statement informing the reader of the gap.

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2. Discusses how the “need” or “defined gap” has evolved historically into the current problem or opportunity to be addressed by the proposed study (citing seminal and/or current research).

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3. ALIGNMENT: The problem statement for the dissertation will be developed from and justified by the “need” or “defined gap” that is described in this section and supported by the empirical research literature published within the past 3-5 years.

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4. Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This Background of the Problem section uses information from the Literature Review in the 10 Strategic Points . This Background of the Problem section becomes the Background of the Study in Note, this section develops the foundation for Chapter 1 in the Proposal. It is then expanded to develop the comprehensive Background to the Problem section and Identification of the GAP sections in Chapter 2 (Literature Review) in the Proposal .

Reviewer Comments:

Criteria

Learner Self-Evaluation Score

(0-3)

Chair or Score

(0-3)

Reviewer Score

(0-3)

Theoretical Foundations and/or Conceptual Framework

This section identifies the theory(s) or model(s) that provide the foundation for the research. This section should present the theory(s) or models(s) and explain how the problem under investigation relates to the theory or model. The theory(s) or models(s) guide the research questions and justify what is being measured (variables) as well as how those variables are related (quantitative) or the phenomena being investigated (qualitative).

Review of the Literature/Themes

This section provides a broad, balanced overview of the existing literature related to the proposed research topic. It describes the literature in related topic areas and its relevance to the proposed research topic findings, providing a short 3-4 sentence description of each theme and identifies its relevance to the research problem supporting it with at least two citations from the empirical literature from the past 3-5 years.

The recommended length for this section is 1 paragraph for Theoretical Foundations and a bulleted list for Literature Themes section.

1. Theoretical Foundations section identifies the theory(s), model(s) relevant to the variables (quantitative study) or phenomenon (qualitative study). This section should explain how the study topic or problem coming out of the “need” or “defined gap” in the as described in the Background to the Problem section relates to the theory(s) or model(s) presented in this section. (One paragraph)

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2. Review of the Literature Themes section: This section is a bulleted list of the major themes or topics related to the research topic. Each theme or topic should have a one-two sentence summary.

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3. ALIGNMENT: The Theoretical Foundations models and theories need to be related to and support the problem statement or study topic. The sections in the Review of the Literature are topical areas needed to understand the various aspects of the phenomenon (qualitative) or variables/groups (quantitative) being studied; to select the design needed to address the Problem Statement; to select surveys or instruments to collect information on variables/groups; to define the population and sample for the study; to describe components or factors that comprise the phenomenon; to describe key topics related to the study topic, etc.

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4. Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: The two parts of this section use information about the Literature Review and Theoretical Foundations/Conceptual Framework from the 10 Strategic Points.

This Theoretical Foundations section is expanded upon to become the Theoretical Foundations section in Chapter 2 (Literature Review). The Theoretical Foundations and the Literature Review sections are also used to help create the Advancing Scientific Knowledge / Review of the Literature section in Chapter 2 (Literature Review).

Reviewer Comments:

Criteria

Learner Self-Evaluation Score

(0-3)

Chair or Score

(0-3)

Reviewer Score

(0-3)

Problem Statement

This section includes the problem statement, the population affected, and how the study will contribute to solving the problem.

The recommended length for this section is one paragraph.

1. States the specific problem proposed for research with a clear declarative statement.

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Describes the population of interest affected by the problem. The general population refers to all individuals that could be affected by the study problem.

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Describes the unit of analysis.

For qualitative studies this describes how the phenomenon will be studied. This can be individuals, group, or organization under study.

For quantitative studies, the unit of analysis needs to be defined in terms of the variable structure (conceptual, operational, and measurement).

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Discusses the importance, scope, or opportunity for the problem and the importance of addressing the problem.

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The problem statement is developed based on the need or gap defined in the Background to the Study section.

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Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This section elaborates on the Problem Statement from the 10 Strategic Points. This section becomes the foundation for the Problem Statement section in Chapter 1 and other Chapters where appropriate in the Proposal.

Reviewer Comments:

Criteria

Learner Self-Evaluation Score

(0-3)

Chair or Score

(0-3)

Reviewer Score

(0-3)

PURPOSE OF THE STUDY

This section reflects what the study is about, connecting the problem statement, methodology & research design, target population, variables/phenomena, and geographic location.

The recommended length for this section is one paragraph.

1. Begins with one sentence that identifies the research methodology and design, target population, variables (quantitative) or phenomena (qualitative) to be studied and geographic location.

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Quantitative Studies: Defines the variables and relationship of variables.

Qualitative Studies: Describes the nature of the phenomena to be explored.

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Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This section elaborates on information in the Purpose Statement from the 10 Strategic Points. This section becomes the foundation for the Purpose of the Study section in Chapter 1 and other Chapters where appropriate in the Proposal.

Reviewer Comments:

Criteria

Learner Self-Evaluation Score

(0-3)

Chair Score

(0-3)

Reviewer Score

(0-3)

Research Question(s) and/or Hypotheses

· The recommendation is a minimum of two research questions along with related hypotheses and variables is required for a quantitative study.

· Also recommended is a minimum of two research questions along with the phenomenon description is required for a qualitative study.

· Put the Research Questions in the appropriate Table in Appendix B based on whether the study is qualitative or quantitative.

The recommended length for this section is a list of research questions and associated hypotheses (quantitative)

1. Qualitative Studies: States the research question(s) the study will answer and describes the phenomenon to be studied.

Quantitative Studies: States the research questions the study will answer, identifies and describes the variables, and states the hypotheses (predictive statements) using the format appropriate for the specific design and statistical analysis.

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Alignment: The research questions are based on both the Problem Statement and Theoretical Foundation model(s) or theory(s). There should be no research questions that are not clearly aligned to the Problem Statement.

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Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This section elaborates on the information about Research Questions) & Hypothesis/variables or Phenomena from the 10 Strategic Points . This section becomes the foundation for the Research Question(s) and/or Hypotheses section in Chapter 1 in the Proposal .

Reviewer Comments:

Criteria

Learner Self-Evaluation Score

(0-3)

Chair Score

(0-3)

Reviewer Score

(0-3)

ADVANCING SCIENTIFIC KNOWLEDGE and SIGNIFICANCE OF THE STUDY Comment by Roselyn Polk: Begin this section by clearly identifying the gap (a single cohesive supported sentence) and how the proposed study will fill the gap or need for research in this area and what this study will contribute to the literature. Then move to the next item in the criteria table. Citations required.This section is about the ‘value’ of your study. What it contributes to the gap and literature, practical value  and theory. While you need citations to back up the contribution, this section unlike the background isnot a literature review in the traditional sense.RESOURCE:The significance can be a bit difficult to understand, especially when it comes to how it differs from the purpose. In the significance, one is trying to convince the reader the research is worth doing. Significance is defined as 'the quality of being worthy of attention; importance. So why is this study important. For example, the significance may address questions such as why the research is important? What does the research contribute and how might this research be used by others in the field to better understand the phenomenon under study?As you consider the significance, does it contribute to resolving or better understanding an theoretical questions for the topic area? What is the practical implications of the study--that is how might researchers, professionals, and others use the information to positively impact lives, jobs in a particular area, the way people live or think? With that in mind, below is a link to information that may assist you with better understanding what it means to discuss the significance of the proposed research. You can also Goggle for others. https://www.reference.com/education/write-significance-study-1465a0b33b6b33e3?aq=significance+of+the+study&qo=cdpArticles

This section reiterates the gap or need in the literature and states how the study will address the gap or need and how the research will contribute to the literature, practical implications to the community of interest, and alignment with the program of study.

The recommended length for this section is one to two paragraphs, providing a brief synopsis of each criteria listed below which will be expanded in the proposal.

1. Clearly identifies the “gap” or “need” in the literature that was used to define the problem statement and develop the research questions. (citations required)

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Describes how the study will address the “gap” or “identified need” defined in the literature and contribute to /advance the body of literature. (citations required)

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Describes the potential practical applications from the research. (citations required)

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1.51.85

Identifies and connects the theory(ies) or model(s) that provide the theoretical foundations or conceptual frameworks for the study. (citations required)

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Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This section builds on information about the Literature review and Theoretical Foundations sections in the 10 Strategic Points. This section becomes the foundation for the Theoretical Foundations section in Chapter 2

Reviewer Comments:

Criteria

Learner Self-Evaluation Score

(0-3)

Chair or Score

(0-3)

Reviewer Score

(0-3)

Rationale for Methodology

The Rationale for Methodology section clearly justifies the methodology the researcher plans to use for conducting the study. It argues how the methodological choice (quantitative or qualitative) is the best approach to answer the research questions and address the problem statement. Finally, it contains citations from textbooks and articles on research methodology and/or articles on related studies to provide evidence to support the argument for the selected methodology.

The recommended length for this section is one paragraph.

1. Identifies the specific research methodology for the study.

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Justifies the methodology to be used for the study by discussing why it is an appropriate approach for answering the research question(s) and addressing the problem statement.

Quantitative Studies: Justify in terms of problem statement and the variables for which data will be collected.

Qualitative Studies: Justify in terms of problem statement and phenomenon.

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Uses citations from seminal (authoritative) sources (textbooks and/or empirical research literature) to justify the selected methodology. Note: Introductory or survey research textbooks (such as Creswell) are not considered seminal sources.

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Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This section elaborates on the Methodology and Design in the 10 Strategic Points. This section becomes the foundation for the Research Methodology in Chapter 1 of the Proposal and the basis for developing Chapter 3, Research Methodology.

Reviewer Comments:

Criterion Score

Learner Self-Evaluation Score

(0-3)

Chair or Score

(0-3)

Reviewer Score

(0-3)

Nature of the Research Design for the Study

This section describes the specific research design to answer the research questions and why this approach was selected. Here, the learner discusses why the selected design is the best design to address the problem statement and research questions as compared to other designs. This section contains a description of the research sample being studied, as well as, the process that will be used to collect the data on the sample.

The recommended length for this section is two to three paragraphs and must address each criterion.

1. Identifies and describes the selected design for the study.

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Justifies why the selected design addresses the problem statement and research questions.

Quantitative Studies: Justifies the selected design based on the appropriateness of the design to address the research questions and data for each variable.

Qualitative Studies: Justifies the selected design based on appropriateness of design to address research questions and study the phenomenon.

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Briefly describes the target population and sample for the study. Comment by Roselyn Polk: Example of how to describe these different aspects of the population:GP: The general population for this study will be all health care workers including supervisors and managers who currently work in a primary care position within the US.TP: The target population will be comprised of health care team members including supervisors and managers from a large metropolitan health care provider in the upper Midwest US.Sample: The sample will consist of 10-12 randomly selected mental health workers from the primary care unit of Chicago Medical Center.

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Identifies the sources and instruments that will be used to collect data needed to answer the research questions.

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Briefly describes data collection procedures to collect data on the sample.

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Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This section also elaborates on the Design portion of the Methodology and Design section in the 10 Strategic Points . This section provides the foundation for Nature of the Research Design for the Study in Chapter 1.

Reviewer Comments:

Criterion Score

Learner Self-Evaluation Score

(0-3)

Chair or Score

(0-3)

Reviewer Score

(0-3)

RESEARCH MATERIALS, INSTRUMENTATION, OR SOURCES OF DATA

This section identifies and describes the types of data that will be collected, as well as the specific research materials, instruments, and sources used to collect those data (tests, surveys, validated instruments, questionnaires, interview protocols, databases, media, etc.).

The recommended length for this section is one to two paragraphs. Note: this section can be set up as a bulleted list.

Quantitative- Instruments/Research Materials:

Provides a bulleted list of the instrumentation and/or materials for data collection.

Describes the survey instruments or equipment/materials used (experimental research), and specifies the type and level of data collected with each instrument.

Includes citations from original publications by instrument developers (and subsequent users as appropriate) or related studies.

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Qualitative - Sources of Data:

Describes the structure of each data collection instrument and data sources (tests, questionnaires, interview protocols, observations databases, media, etc.).

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n/a

Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This section elaborates on the Data Collection from the 10 Strategic Points.

This information is summarized high level in Chapter 1 in the Proposal in the Nature of the Research Design for the Study section. This section provides the foundation for Research Materials, Instrumentation (quantitative) or Sources of Data (qualitative) section in Chapter 3.

Reviewer Comments:

Criteria

Learner Self-Evaluation Score

(0-3)

Chair or Score

(0-3)

Reviewer Score

(0-3)

DATA COLLECTION AND MANAGEMENT

This section details the data collection process and procedures so that another researcher could conduct or replicate the study. It includes authorizations and detailed steps.

The recommended length for this section is a bullet or numbered list of data collection steps that should not exceed one page.

Quantitative Studies: Lists steps for the actual data collection that would allow replication of the study by another researcher, including how each instrument or data source was used, how and where data were collected, and recorded. Includes a linear sequence of actions or step-by-step of procedures used to carry out all the major steps for data collection. Includes a workflow and corresponding timeline, presenting a logical, sequential, and transparent protocol for data collection that would allow another researcher to replicate the study.

Data from different sources may have to be collected in parallel (e.g., paper-and-pen surveys for teachers, corresponding students, and their parents AND retrieval of archival data from the school district). A flow chart is ok—"linear" may not apply to all situations

Qualitative Studies: Provides detailed description of data collection process, including all sources of data and methods used, such as interviews, member checking, observations, surveys, field tests, and expert panel review. Note: The collected data must be sufficient in breadth and depth to answer the research question(s) and interpreted and presented correctly, by theme, research question, and/or source of data.

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Describes the procedures for obtaining participant informed consent and for protecting the rights and well-being of the study sample participants.

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Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This section elaborates on the Sample and Location and Data Collection in the 10 Strategic Points . This section provides the foundation for the Data Collection Procedures section in Chapter 3 in the Proposal. And it is summarized high level in Chapter 1 in Nature of the Research Design for the Study in the Proposal.

Reviewer Comments:

Criteria

Learner Self-Evaluation Score

(0-3)

Chair or Score

(0-3)

Reviewer Score

(0-3)

DATA ANALYSIS PROCEDURES

This section provides detailed steps for the analytic procedures to be used to conduct data analysis.

The recommended length for this section is one to two paragraphs , can also be presented in bulleted format. Comment by Roselyn Polk: this section is not clearly written and is missing several criteria.

Describes in detail the relevant data collected for each stated research question and/or each variable within each hypothesis (if applicable).

Quantitative Studies: "In detail" means scales (and subscales) of specified instruments AND type of data for each variable of interest. IMPORTANT: For (quasi) experimental studies, provide detailed description of all treatment materials per treatment condition, as part of the description of the independent variable corresponding to the experimental manipulation.

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0 no discussion of data collected

What: Describes, in detail, statistical and non-statistical analysis to be used and procedures used to conduct the data analysis.

Quantitative Studies: (1) describe data file preparation (descriptive statistics used to check completeness and accuracy; for files from different sources, possibly aggregating data to obtain a common unit of analysis in all files, necessarily merging files (using the key variable defining the unit of analysis); (2) computation of statistics for the sample profile; (3) computation of (subscales and) scales; (4) reliability analysis for all scales and subscales; (5) computation of descriptive statistics for all variables of interest in the study (except those already presented in the sample profile); (6) state and justify all statistical procedures ("tests") needed to generate the information to answer all research questions; and (7) state assumptions checks for all those statistical procedures (including the tests and / or charts to be computed).

Qualitative Studies: This section begins by identifying and discussing the specific analysis approach or strategy, followed by a discussion of coding procedures to be used. Note: coding procedures may be different for Thematic Analysis, Narrative Analysis, Phenomenological Analysis, or Grounded Theory Analysis.

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1.5 discuss the regression in narrative format. will you be using aggregate data to arrive at mean scores for each index?????

Pay attention to highlighted section here. address as much as you can briefly. no forumulas please.

Why: Provides the justification for each of the (statistical and non-statistical) data analysis procedures used in the study.

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Show Steps that Support Evidence

Quantitative Analysis - states the level of statistical significance for each test as appropriate, and describes tests of assumptions for each statistical test.

Qualitative Analysis - evidence of qualitative analysis approach, such as coding and theming process, must be completely described and included the analysis /interpretation process. Clear evidence from how codes moved to themes must be presented.

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Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This section elaborates on the Data Analysis from the 10 Strategic Points . This section provides the foundation for Data Analysis Procedures section in Chapter 3 in the Proposal.

Reviewer Comments:

Criteria

Learner Self-Evaluation Score

(0-3)

Chair or Score

(0-3)

Reviewer Score

(0-3)

Ethical Considerations

This section discusses the potential ethical issues surrounding the research, as well as how human subjects and data will be protected. It identifies how any potential ethical issues will be addressed.

The recommended length for this section is one paragraph.

1. Describes site authorization process, subject recruiting, and informed consent processes.

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2. Describes how the identities of the participants in the study and data will be protected.

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3. Discusses potential ethical concerns that might occur during the data collection process.

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4. ALIGNMENT: Ethical considerations are clearly aligned with, and relate directly to the specific Data Collection Procedures. This section also identifies ethical considerations related to the target population being researched and organization or location as described in the Purpose Statement section.

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Section is written in a way that is well structured, has a logical flow, uses correct paragraph structure, uses correct sentence structure, uses correct punctuation, and uses correct APA format.

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NOTE: This section does not include information from any of the 10 Strategic Points .

This section provides the foundation for Ethical Considerations section in Chapter 3 in the Proposal.

Reviewer Comments:

Ten Strategic Points

Comments or Feedback

Broad Topic Area

The impact of Monetary Policies on Price Stability in Nigeria 1963-2015.

Lit Review

a. Background or Need:

Problem Statement

It is not known if and to what extent monetary policy rate, cash reserve ratio, liquidity ratio, and money supply predict consumer price index in Nigeria.

Research Questions

RQ1: To what extent does Monetary Policy Rate (MPR) predicts Consumer Price Index (CPI) in Nigeria.

RQ 2: To what extent does Cash Reserve Ratio (CRR) predict Consumer Price Index (CPI) in Nigeria?

RQ 3: To what extent does Liquidity Ratio (LQR) predict Consumer Price Index (CPI) in Nigeria?

RQ 4: To what extent does Money Supply (MS) predict Consumer Price Index (CPI) in Nigeria?

Sample

The data on all the variables employed in this study were sourced from central Bank Statistical Bulletin (2015) covering the period of 1963-2015 sampling data for Nigeria.

Describe Phenomena (qualitative) or Define Variables/Hypotheses (quantitative)

Ho1: Monetary Policy Rate (MPR) does not predict Consumer Price Index (CPI) in Nigeria.

Methodology & Design

The methodology is Quantitative. The research design is a correlational.

Purpose Statement

The purpose of this quantitative correlational study is to examine if and to what extent monetary policy rate, cash reserve ratio, liquidity ratio, and money supply predict consumer price index in Nigeria from 1963 to 2015.

Data Collection Approach

Secondary data for estimation would be sourced from Public archival data (knoema) and the Central Bank of Nigeria’s Statistical Bulletin (various issues). This study employs secondary annual time series data. Time series data is advantageous because it captures a country’s specific behaviors and devoid of endogeneity, thus providing an in-depth policy implication (Forbes, 2000). 

Data Analysis Approach

The data generated/collected will be subjected to analysis. The study would employ Augmented Dickey-Fuller (ADF) and Philips Peron method of stationary testing. These methods would be employed to check the stationarity of the time series data employed in this study. The study would also employ or adopted the use of the famous Ordinary Least Square method in order to estimate the parameters of a model. Multiple linear regressions would be used to estimate the variables or parameters of the model. This study would also measure causality using Granger Causality. Co-integration Test.

Research Questions

Hypothesis

List of variables: Dependent and Independent

Instrument(s)

Analysis Plan, Data Analysis

Approach

RQ1: To what extent does Monetary Policy Rate (MPR) predicts Consumer Price Index (CPI) in Nigeria.

Ho1: Monetary Policy Rate (MPR) does not predict Consumer Price Index (CPI) in Nigeria. H11: Monetary Policy Rate (MPR) predicts Consumer Price Index (CPI) in Nigeria.

Dependent Variable: Consumer price index

Data will be collected from the Knoema Integrated Global Data. Knoema is the largest repository of public data on the web, which contains over 500 databases, and 150 million collections of data on attribute values over time, in other words.

The data generated/collected will

be subjected to analysis. The study

would employ Augmented

Dickey-Fuller (ADF) and Philips

Peron method of stationary testing.

These methods would be employed

to check the stationarity of the time

series data employed in this study.

The study would also employ or

adopted the use of the famous

Ordinary Least Square method

in order to estimate the parameters

of a model. Multiple linear

regressions would be used to

estimate the variables or parameters

of the model. This study will also

measure causality using Granger

Causality. Co-integration Test.

RQ 2: To what extent does Cash Reserve Ratio (CRR) predict Consumer Price Index (CPI) in Nigeria?

Ho2: Cash Reserve Ratio (CRR) does not predict Consumer Price Index (CPI) in Nigeria. H12 Cash Reserve Ratio (CRR) predicts Consumer Price Index (CPI) in Nigeria.

Independent Variables: Monetary Policy rates, Cash Researve Ratio, Liquidity Ratio, and Money Supply

Based on the empirical review made

on the study, the study specifies that

the Price stability as proxy for

economic price level can be

explained by monetary policy rate,

cash reserve ratio, liquidity ratio

and money supply.

RQ 3: To what extent does Liquidity Ratio (LQR) predict Consumer Price Index (CPI) in Nigeria?

Ho3: Liquidity Ratio (LQR) does not predict Consumer Price Index (CPI) in Nigeria. H13: Liquidity Ratio (LQR) predicts Consumer Price Index (CPI) in Nigeria.

RQ 4: To what extent does Money Supply (MS) predict Consumer Price Index (CPI) in Nigeria?

Ho4: Money Supply does not predict Consumer Price Index (CPI) in Nigeria. H14: Money Supply (MS) predicts Consumer Price Index (CPI) in Nigeria.