Why do we need causality?
Beyond understanding the theoretical and historical underpinnings, one must ponder the practical necessity of causality first. We shall discuss examples of the ubiquitous application of causality across various industries. For instance, enterprises leverage causal inference techniques to gain deeper insights into customer behaviors, needs, and preferences. They employ these methods to elucidate both natural and anthropogenic phenomena. Mastery of causal inference equips you with an extremely powerful tool, rendering you an invaluable asset in any team or organizational context. Your proficiency in this domain can significantly contribute to the overarching objective of delivering value to stakeholders.
Let's discuss further why causality is not only an intellectually rewarding area but also practically indispensable.
In medical and public health arenas, causal inference is vital for assessing treatment efficacy. Randomized controlled trials (RCTs...