Causality vs. Correlation
Understanding the distinction between causality and correlation is crucial, yet many still confuse the two. A compelling example highlights how attending more selective schools may not lead to better outcomes, as students who gain admission often perform worse than those who do not. This challenges common assumptions about the benefits of prestigious education and emphasizes the importance of critically evaluating evidence.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep21 “Disentangling Causation and Correlation” with Guido Imbens
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