Below is a generic graph that epitomizes one of the three basic natural (or quasi) experiment methods we discussed. Which method is this graph illustrating? 2 8 10 time O difference-in-difference (diff-in-diff) randomized experiment O Regression discontinuity design (RDD) O Instrumental variables (IV) 1.4 1.5 1.7 1.8 6 4. CO

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Below is a generic graph that epitomizes one of the three basic natural (or quasi) experiment
methods we discussed. Which method is this graph illustrating?
2
4
8
10
time
difference-in-difference (diff-in-diff)
randomized experiment
Regression discontinuity design (RDD)
Instrumental variables (IV)
1.4
1.5
1.7
1.8
6
Transcribed Image Text:Below is a generic graph that epitomizes one of the three basic natural (or quasi) experiment methods we discussed. Which method is this graph illustrating? 2 4 8 10 time difference-in-difference (diff-in-diff) randomized experiment Regression discontinuity design (RDD) Instrumental variables (IV) 1.4 1.5 1.7 1.8 6
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