Business, 06.03.2020 21:36 brandonleekenyon

A researcher studying the effect of price cuts on consumers’ expectations makes up two different histories of the store price of a hypothetical brand of laundry detergent for the past year. Eight students in a business class view one or the other price history on a computer. Some students see a steady price, whereas others see regular sales that temporarily cut the price. Students are asked the price they would expect to pay. This is an example of: a randomized comparative experiment. a matched pairs experiment. a two‑factor design. a randomized observational study.

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A researcher studying the effect of price cuts on consumers’ expectations makes up two different his...