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A randomized experiment is performed within a survey. 1000 people are contacted. Half the people contacted are promised a $5 incentive to participate, and half

A randomized experiment is performed within a survey. 1000 people are contacted. Half the people contacted are promised a $5 incentive to participate, and half are not promised an incentive. The result is a 50% response rate among the treated group and 40% response rate among the control group.

(a) Give an estimate and standard error of the average treatment effect.

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