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Homogeneous Groups and the Testing of Economic Hypotheses

Edwin J. Elton, Martin J. Gruber

Journal of Financial and Quantitative Analysis · 1969 · Volume 4 · Issue 5

DOI: 10.2307/2330115

Abstract

In testing hypotheses, researchers are almost always faced with the problem of isolating the effect of certain variables. This is a particularly acute problem in the social sciences, where the absence of an experimental environment means that researchers must resort to statistical methods of adjustment.

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