A business student conjectures that the Internet caused companies to become more profitable, since many transactions previously

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A business student conjectures that the Internet caused companies to become more profitable, since many transactions previously handled "face-to-face" could now be completed online. The student compares earnings from a sample of companies from the 1980s to a sample from the 2000s. Explain why this is an observational study. If indeed profitability increased, can she conclude the Internet was the cause? Why or why not?
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Stats Data and Models

ISBN: 978-0321986498

4th edition

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

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