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When running an experiment, suppose we assume the participants in the experiment are a random sample of the population. Let Yi be the outcome for individual i and let Di equal one if individual i receives the treatment and zero otherwise. What does the assumption of a random treatment imply?
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Competitive Advantage
The unique attributes or circumstances that enable a business to outperform its competitors.
Evidence-Based Management
An approach to management based on the conscious use of the best available evidence to make decisions.
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The specific environmental, cultural, economic, and legal conditions in a geographical area that influence business operations and strategy.
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