Title 7.2. Pathways in Causal Diagram Part 1.pdf ✅

pacmann.io © 2022 – Pacmann AI 5 Pathways in Causal Diagram
pacmann.io © 2022 – Pacmann AI 6 Causal Diagram: Review ● Causal diagrams help us represent our understanding of how the world works by displaying our assumptions of how the data is generated Causal diagram of the effect of IPspend on profit
pacmann.io © 2022 – Pacmann AI 7 Causal Diagram: Review ● Causal diagrams help us represent our understanding of how the world works by displaying our assumptions of how the data is generated ● What causal diagram tells us ○ Direct effect of treatment on outcome ○ Alternative explanations for treatment and outcome relationship
pacmann.io © 2022 – Pacmann AI 8 Causal Diagram: Review ● What can we do with causal diagram? ○ Identifying right variation where our effect of interest ○ Isolate the variation we want by “adjusting” or “controlling”. In order to formalize this a little more, we must consider and analyze the different routes or paths involved. adjusting or controlling tech can isolate the causal of interest