321: “Smokin’” Ed Currie—The Ring of Sting
The Way I Heard It with Mike Rowe
Causation vs. Correlation in Business
This chapter emphasizes the importance of distinguishing between causation and correlation in business decision-making, particularly in estimating demand and price elasticity. It advocates for controlled experiments to uncover causal relationships and examines historical advancements in econometric methods to enhance business strategies.
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