Selection Bias: A Real World ExampleAnalytics, Data Visualization, Selection Bias,. Runtime: 2:08
When analyzing data, it is of paramount importance to utilize the right econometric models in order to generate accurate results. Otherwise, it’s possible that you’ll end up at the exact wrong conclusion. In this video insight, Dr. Housman shared an example that emerges from World War II and demonstrates exactly why utilizing the proper empirical technique really does matter.