Conclusion
The causal effect of a treatment on a single unit at a point in time is the difference between the outcome variable with the treatment and without the treatment. The Fundamental Problem of Causal Inference is that it is impossible to observe the causal effect on a single unit. You either take the aspirin now or you don't. As a consequence, assumptions must be made in order to estimate the missing counterfactuals.
Read more about this topic: Rubin Causal Model
Famous quotes containing the word conclusion:
“Girls who put out are tramps. Girls who dont are ladies. This is, however, a rather archaic usage of the word. Should one of you boys happen upon a girl who doesnt put out, do not jump to the conclusion that you have found a lady. What you have probably found is a lesbian.”
—Fran Lebowitz (b. 1951)
“The conclusion has never changed: the worst sort of people come here for the worst sort of reasons and put upon those of us who have conveniently forgotten where we came from and how we got here.”
—Anna Quindlen (b. 1952)
“We must not leap to the fatalistic conclusion that we are stuck with the conceptual scheme that we grew up in. We can change it, bit by bit, plank by plank, though meanwhile there is nothing to carry us along but the evolving conceptual scheme itself. The philosophers task was well compared by Neurath to that of a mariner who must rebuild his ship on the open sea.”
—Willard Van Orman Quine (b. 1908)