What are the applications of causal analysis?
Causal analysis is used in various fields like economics, healthcare, and social sciences to determine cause-and-effect relationships.
Can you give me an example in healthcare?
Sure! In healthcare, causal analysis helps identify the impact of a new treatment on patient outcomes, allowing for better decision-making.
How does it differ from correlation analysis?
Causal analysis seeks to establish a direct cause-and-effect relationship, while correlation analysis only identifies relationships without implying causation.
What methods are commonly used in causal analysis?
Common methods include randomized controlled trials, observational studies, and statistical techniques like regression analysis.
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