2.1.4 The Zero Conditional Mean assumption

[aaryak]

This is an extremely helpful video!! Thank you so much

[miriamhinthorn]

This is really helpful! Thanks for posting

[Lofeupsidedown]

Thank you so much. It makes thing very clear

[finnbrown]

4:57... The assumption that people choose education based on ability implies P(Education|Ability), which would be negligible in the context of the equation. We only need P(Ability|Education) = 0 for ZCM to hold. Correlation is symmetric, conditional probability is not.

[future]

Hello - This is awesome content - do you have lecture slide you could share with us? Thanks