Lecture 9 Applications Flashcards
1
Q
Expected Value
A
Probability x Payoff
2
Q
Sample to Population
A
Premises- claims about correlation in sample
Conclusion- claims about correlation in sample
3
Q
Correlation to Cause
A
Premises- correlation in population
Conclusion- claims about a cause in population
EXAMPLE
4
Q
Correlation Format
A
If Q is (+) correlation with H, then the following is true:
- Q is a cause of H
- H is a cause of Q
- (+) correlation is coincidental
- SOme factor X is the cause of Q and H
5
Q
Correlation to Prediction
A
premises- claims about correlation in pop
conclusion- claims about the probability of an outcome
6
Q
Reminder
A
Correlation is not probability
7
Q
Reminder
A
Correlation is not high probability
8
Q
Reminder
A
correlation is not more probable than not
