4:57... The assumption that people choose education based on ability implies P(Education|Ability), which would be negligible in the context of the equation. We only need P(Ability|Education) = 0 for ZCM to hold. Correlation is symmetric, conditional probability is not.
This is an extremely helpful video!! Thank you so much
This is really helpful! Thanks for posting
4:57... The assumption that people choose education based on ability implies P(Education|Ability), which would be negligible in the context of the equation. We only need P(Ability|Education) = 0 for ZCM to hold. Correlation is symmetric, conditional probability is not.
This is so helpful!!! Thanks
Thank you so much. It makes thing very clear
Great to understand 👌
Hello - This is awesome content - do you have lecture slide you could share with us? Thanks
Can’t release these due to copyright issues, however I released videos because that’s within my capacity!