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Chapter 6: Testing Hypotheses

Chapter 6: Testing Hypotheses

pp. 143-168

Authors

, Central European University, Vienna and Budapest, , University of Michigan, Ann Arbor
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Summary

You want to know whether online and offline prices differ in your country for products that are sold in both ways. You have access to data on a sample of products with their online and offline prices. How would you use this data to establish whether prices tend to be different or the same for all products?

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