Monthly Archives: May 2024
Detailed Explanation of Partialling-Out and the Frisch-Waugh-Lovell (FWL) Theorem
Partialling-Out Partialling-out is a technique used in regression analysis to isolate the effect of a specific variable (regressor) on the outcome by removing the influence of other variables (control variables). This helps us understand the true relationship between the target regressor and the outcome. Summary
Chapter 1 Summary: Applied Causal Inference Powered by ML and AI
Regression and the Best Linear Prediction Problem Linear regression is a method for predicting a dependent variable (Y) using one or more independent variables (X). Here’s a simplified breakdown: Practical Implications: Best Linear Approximation Property This property indicates that our best linear prediction (β′X) is also the best linear approximation to the conditional expectation of…
Cooking Up Language Skills: Learning English with Ratatouille?
Welcome to a distinctive learning experience where mastering English becomes as enjoyable as appreciating a well-prepared dish. In this session, we will explore the intricacies of the English language through the delightful narrative of “Ratatouille.” From the directive “Spit that out right now!” to the incredulous “You must be joking,” each phrase from our beloved…