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Clarify what event study is and what is a typical example (if applicable): Event-study is a statistical technique that allows you to analyze large amounts of data that might not be otherwise easily observed. An event occurs, like a sales record hitting a specific threshold, for instance. Then we analyze the sales data to see if there is a significant relationship between this event and other variables (e.g., demographic, psychographic, economic factors). What is the difference between an event study and a longitudinal study? An event study uses a single event to observe a continuous variable across
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