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Ionica Smeets: The Danger of Mixing Up Causality and Correlation

By Lawrence   on 2015 Mar 13 Fri 15:38

Ms. Smeets’ great presentation of scientists and media mistakes of mixing up correlation with causality. It is what I warned traders and quants to-be all the time – if you do not know what causes the correlations, expect the statistical biases may disappear fasting than you think.

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