Fundamentals of Causal Discovery and Causal Impact Analysis

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Why Causal Analysis?

Causal analysis enables us to understand the underlying causes and relationships between interventions (treatments), variables, and outcomes. It provides insights on the cause-and-effect relationships between variables or events, helping business to understand the factors that influence the outcomes. Based on this understanding, more informed and effective strategic decisions can be implemented, predicting the potential impacts and consequences. Now, let’s understand why Causal Analysis is important:

a. Causation is not Correlation: Correlation is defined …

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