BIG OIL IN A SMALL TOWN: THE EFFECTS OF A LARGE ECONOMIC EVENT ON SMALL BUSINESS SALES
Amy Bieber et al.
What the paper says
observe a relationship, data from the business’s sales was gathered along with historical oil prices and oil production in the region. Through the use of two-tailed statistical testing comparing sales to oil price and again to oil production, the differences between two means with dependent samples were observed. Both tests found that the oil production and price were indeed driving factors that affected the sales of the small business causing the sales trends to follow the same patterns as those found in the oil production and price amounts. These same tests can be applied to other businesses in the region to determine whether or not oil had a large effect on their sales figures as well
1 citation
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.00 × 0.4 = 0.00 |
| M · momentum | 0.80 × 0.15 = 0.12 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.