Granger Causality: Principle of Cause and Effect Explained

Written by nikolao | Published 2021/12/09
Tech Story Tags: causality | timeseries | data-science | data-analysis | blogging-fellowship | machine-learning | hackernoon-top-story | statistics

TLDRIn a world full of data, we can understand the impact of impact with clever methods. Meet Granger causality: cause precedes effect. The method assumes stationarity of the data - data free from time-related biases. The main difference from a standard experiment is the level of certainty that the observed effect is really something. Natural experiments and granger causality are alternatives and could be classified as quasi-experimental approaches for time-series data. For instance, we could answer a question of whether a rise in interest in heat waves preceeds increased interest in climate change.via the TL;DR App

no story

Written by nikolao | Combines ideas from data science, humanities and social sciences. Views are my own.
Published by HackerNoon on 2021/12/09