Introducing Causal Inference
In this inaugural chapter, let’s explore the topic of causal inference a bit. For some, this may be a new topic; for others, it might be somewhat familiar. However, whether you find this topic intimidating or not depends less on your existing statistical knowledge and more on your interest in the subject and your consistent effort throughout the book.
Our exploration begins with three pivotal questions: What exactly is causal inference? Why is it indispensable? How can it be effectively utilized? To clarify these concepts, we’ll use both fictitious and real-life scenarios.
Approach this chapter with unhindered curiosity and an open mind. Be prepared to encounter concepts and terminology that might initially seem abstruse. Don’t worry, though—we will be with you every step of the way, ensuring you understand everything clearly and thoroughly as we explore causal inference together.
In this chapter, we will cover the following...