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Content text 6.4. Step to Draw Causal Diagram.pdf

pacmann.io © 2022 – Pacmann AI 51 Step to Draw Causal Diagram
pacmann.io © 2022 – Pacmann AI 52 Background ● We need to understand what is going on in the real world (especially since we won’t know the right answer, like when we simulate our own data!) ● This is going to require some common-sense thinking Model Real World
pacmann.io © 2022 – Pacmann AI 53 ● In real life, we’re not going to know what the right answer is. Our models might be wrong. We just need them to be useful ● No study is perfect; our understanding of the data generating process is incomplete. Diagrams help identify and make explicit assumptions. image source image from www.travelinindia.tours Background
pacmann.io © 2022 – Pacmann AI 54 ● No study is perfect; our understanding of the data generating process is incomplete. Diagrams help identify and make explicit assumptions. ● A well-executed process would reduce the probability of us being wrong and increase the usefulness of our model. image source image from www.travelinindia.tours Background

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