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Unlocking Causal Insights: A Comprehensive Guide to Causal Estimation Methods for Machine learning and Data Science

Unlocking Causal Insights: A Comprehensive Guide to Causal Estimation Methods for Machine learning and Data Science

Let us embark on an insightful exploration into causal effects within machine learning and data science. In this blog, we will delve into causal estimation methods, emphasizing their importance in addressing complex business problems and decision-making processes.This comprehensive guide aims to shed light on crucial methodologies that unlock deeper insights in Causal AI. This blog is in continuation to our earlier blogs on causal analysis dealing with the following topics Estimating the effect on loyalty program Back door, front door and instrument analysis in causal AI Causal graphs...

Jan 30
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Causal Estimation methods for Machine learning and Data Science Part II – Propensity Score Matching

Causal Estimation methods for Machine learning and Data Science Part II – Propensity Score Matching

Image Source : Google images 1.0 Introduction In the world of data science, uncovering cause-and-effect relationships from observational data can be quite challenging. In our earlier discussion, we dived into using linear regression for causal estimation, a fundamental statistical method. In this post, we introduce propensity score matching. This technique builds on linear regression foundations, aiming to enhance our grasp of cause-and-effect dynamics. Propensity score matching is crafted to deal with confounding variables, offering a refined perspective on causal relationships. Throughout...

Feb 9
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Unlocking Business Insights: Part II – Analyzing the Impact of a Member Rewards Program Using Causal Analysis

Unlocking Business Insights: Part II – Analyzing the Impact of a Member Rewards Program Using Causal Analysis

In our last blog, we covered the basics of causal analysis, starting from defining problems to creating simulated data. We explored key concepts like back door, front door, and instrumental variables for handling complex causal relationships. Now, we’re taking the next step, focusing on estimation methods, understanding causal effects, and diving into the world of propensity score estimation. Join us as we delve deeper into causal analysis, applying these concepts to Member Loyalty Programs. In this part of the series, we’ll be tackling the following: Structure 1.0 Causal estimation Now...

Feb 16
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Causal Estimation methods for Machine learning and Data Science Part III – Instrument Variable Analysis

Causal Estimation methods for Machine learning and Data Science Part III – Instrument Variable Analysis

1.0 Introduction In the past two blogs of this series we’ve been discussing causal estimation, a very important subject in data science, we delved into causal estimation using regression method and propensity score matching. Now, let’s venture into the world of instrumental variable analysis—a powerful method for unearthing causal relationships from observational data. Let us look at the structure of this blog. 2.0 Structure 3.0 Instrument Variables – An introduction Let us start the explanation on the instrument variable analysis with an example. We all know education is important, but...

Feb 23
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QUIZ: Is It Love or Lust? Get 100% Reliable Answer - Quizondo

QUIZ: Is It Love or Lust? Get 100% Reliable Answer - Quizondo

Trivia QuizzesPersonality QuizzesMusicAnime & CartoonsMovies & TV ShowsBeauty & FashionVideo GamesLove & RelationshipsAnimalsCelebritiesGeographySportYouTubeHealthFootballMiscellaneousEvery relationship begins with optimism and skepticism. Some people struggle more than others trying to accept someone new in their lives. This is especially true for singles who have repeatedly had their hearts broken. Is it love or lust? Take the quiz to find out.Table of ContentsNo one should base a future happy relationship possibility on a first date. Unfortunately, too many singles have...

July 19, 2023
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Should I Date Him? QUIZ - Quizondo

Should I Date Him? QUIZ - Quizondo

Trivia QuizzesPersonality QuizzesMusicAnime & CartoonsMovies & TV ShowsBeauty & FashionVideo GamesLove & RelationshipsAnimalsCelebritiesGeographySportYouTubeHealthFootballMiscellaneousFinding a boyfriend can be tough. First, you need to find someone you’re compatible with. If you don’t, the relationship will be doomed before it even gets started. Should I date him? Our quiz can help you find out whether he is a good match for you. Typically, you should compare your personality with his to ensure that you’re going to make a good couple.You’ll also want to make sure you’re...

July 19, 2023
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Why Does My Dog Sit Under My Chair? 7 Weird Reasons - Oodle Life

Why Does My Dog Sit Under My Chair? 7 Weird Reasons - Oodle Life

Skip to contentHave you ever wondered why your dog enjoys sitting under your chair so much? This adorable yet puzzling behavior is actually quite common among our furry companions. It can leave dog owners curious and sometimes concerned about the underlying reasons.Fear not, for we will explore some of the possible explanations behind this seemingly odd canine preference.One common reason for your dog seeking solace beneath your chair is their natural instinct for safety and comfort. Sitting under a chair provides your dog with a sense of security, akin to nesting in a cozy den. In this...

October 5, 2023
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25 Best Tips on How To Work From Home With a Puppy

25 Best Tips on How To Work From Home With a Puppy

Ever since the advent of remote working, many of us have dreamt of the idyllic image of working from home with a cute puppy by our side.But as dreamy as it sounds, it comes with its own set of challenges. How do you manage productivity while ensuring your furry friend is happy and well-cared for?This comprehensive guide reveals the best tips on how to work from home with a puppy.Table of ContentsThe tips mentioned below boil down to setting clear boundaries, sticking to a routine, training, and a lot of patience.Working from home with a puppy can be a joyful experience if managed...

June 21, 2023
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12 Great Labradoodle Toys You Must Try - And What to Avoid!

12 Great Labradoodle Toys You Must Try - And What to Avoid!

Trying to find out which Labradoodle toys to buy when getting a new dog, can be quite overwhelming. These days there are millions of possibilities, and only more and more each day.Over the years I have tried at least a hundred different toys. Some good, some bad.So I decided to make a list of those my dogs and I have had the most fun out of. Meaning this is a list of items I have all tried myself, and can personally recommend.The best toys are something that can give your dog both something to have some fun with, but also challenge their skills.Table of ContentsThe list will contain...

March 18, 2019
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Causal AI in Business: Estimating the Effect of a Member Rewards Program – Part I

Causal AI in Business: Estimating the Effect of a Member Rewards Program – Part I

Structure Introduction to causal analysis Implementation of causal analysis using DoWhy Business context – Member loyalty program Causal analysis process in a nutshell Process 1 : Defining the problem statement Process 2 : Data preparation through simulation Defining treatment and control for membership program Creation of simulated data for causal analysis Process 3 : Defining the causal graph structure Process 4 : Causal identification Conclusion – Processes to be implemented in Part II of the series Introduction In this series, we’re introducing a paradigm that’s very important in the...

October 1, 2023
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