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Questions and Answers
How is a counterfactual related to causal inference?
How is a counterfactual related to causal inference?
- It allows researchers to estimate the causal effect of a treatment or intervention (correct)
- It helps in identifying correlations between variables
- It provides the statistical variance of the data
- It is used to calculate the mean effect size in a study
What characterizes a counterfactual outcome in the context of the Rubin Causal Model?
What characterizes a counterfactual outcome in the context of the Rubin Causal Model?
- It is the outcome that would have been observed if a unit received a different treatment (correct)
- It is the least likely outcome predicted by the model
- It is an outcome that has no relation to treatment effects
- It is the most common outcome observed in a study
Why are counterfactuals important in various fields such as history and social sciences?
Why are counterfactuals important in various fields such as history and social sciences?
- To quantify the direct effects of variables on outcomes
- To provide accurate predictions about future events
- To analyze what could have happened if past events unfolded differently (correct)
- To simplify complex data analysis processes
What are the things you want to explain or predict in a regression analysis?
What are the things you want to explain or predict in a regression analysis?
In regression equations, what does the term 'β' represent in econometrics notation?
In regression equations, what does the term 'β' represent in econometrics notation?
Which statistical method is used to estimate unobservable counterfactual outcomes?
Which statistical method is used to estimate unobservable counterfactual outcomes?
What do sliders represent as metaphors for regression coefficients?
What do sliders represent as metaphors for regression coefficients?
Which variables are manipulated or observed to see their effect on the outcome variable in a study?
Which variables are manipulated or observed to see their effect on the outcome variable in a study?
What does '0' represent in the statistical flavor notation of a regression equation?
What does '0' represent in the statistical flavor notation of a regression equation?
Flashcards
Counterfactual outcome
Counterfactual outcome
The outcome that would have been observed if a unit received a different treatment, according to the Rubin Causal Model.
Causal inference
Causal inference
Estimating the effect of a treatment or intervention using counterfactuals.
Regression analysis dependent variable
Regression analysis dependent variable
The variable you want to explain or predict in regression analysis.
Regression coefficient (β)
Regression coefficient (β)
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Propensity score matching
Propensity score matching
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Regression coefficient sliders
Regression coefficient sliders
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Independent variables
Independent variables
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Regression Y-intercept
Regression Y-intercept
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Counterfactual in history/social sciences
Counterfactual in history/social sciences
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