Market Disruption: does side matter for contingency tables Edition
Contingency tables are widely used in economics to analyze the relationship between two or more categorical variables. The side of the table, either row or column, can have significant implications for the interpretation of the data. By analyzing the side of the table that provides the most meaningful information, economists can gain deeper insights into the underlying relationships and make more informed decisions.
does side matter for contingency tables: Reshaping Economic Landscapes
The choice of side in a contingency table can influence the statistical significance of the results. For example, in a study examining the relationship between gender and income, the row side may reveal a significant difference in income levels between men and women, while the column side may show no significant difference. This discrepancy highlights the importance of selecting the side that aligns with the primary research question and provides the most relevant information for economic analysis.
