The following are reasons for studying randomized controlled experiment in an econometrics course, with the exception of
A)at a conceptual level, the notion of an ideal randomized controlled experiment provides a benchmark against which to judge estimates of causal effects in practice.
B)when experiments are actually conducted, their results can be very influential, so it is important to understand the limitations and threats to validity of actual experiments as well as their strength.
C)randomized controlled experiments in economics are common.
D)external circumstances sometimes produce what appears to be randomization.

Question

Quizplus · Accepted Answer

The statement says that randomized controlled experiments in economics are common, which implies that studying them is important for understanding research in the field. The other three statements provide additional reasons for studying randomized controlled experiments in econometrics.

The Following Are Reasons for Studying Randomized Controlled Experiment in an Econometrics