Monthly Archives: June 2024

Harnessing the Power of Text Embeddings for Causal Inference

In the evolving landscape of data science, researchers and practitioners are continually seeking innovative ways to handle complex data types. One such advancement is the use of text embeddings, a powerful technique that transforms text data into meaningful numerical representations. This blog post delves into the intricate world of text embeddings and explores how they…

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Unveiling Double/Debiased Machine Learning (DML): A Practical Guide

Understanding the true effect of a variable (like a new medication or policy) on an outcome (such as health improvement or economic growth) can be challenging. Confounding variables—factors that affect both the treatment and the outcome—often complicate this task. Double/Debiased Machine Learning (DML) provides a powerful method to uncover these causal relationships, even in complex,…

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