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Under What Circumstances Can a Very Small Treatment Effect Can

question 44

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Under what circumstances can a very small treatment effect can still be significant?


Definitions:

Information Gaps

The lack of necessary knowledge or data between what is known and what needs to be known for effective decision-making.

Competition

The rivalry between businesses to achieve greater sales, market share, and customer engagement.

Primary Reason

The main or most important cause or motive behind an action, decision, or situation.

Lose Customers

The process by which a business experiences a reduction in its customer base due to various factors such as poor service, high prices, or better competition.

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