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  2. Confounding - Wikipedia

    en.wikipedia.org/wiki/Confounding

    In statistics terms, the make of the truck is the independent variable, the fuel economy (MPG) is the dependent variable and the amount of city driving is the confounding variable. To fix this study, we have several choices. One is to randomize the truck assignments so that A trucks and B Trucks end up with equal amounts of city and highway ...

  3. Controlling for a variable - Wikipedia

    en.wikipedia.org/wiki/Controlling_for_a_variable

    Instead, they must control for variables using statistics. Observational studies are used when controlled experiments may be unethical or impractical. For instance, if a researcher wished to study the effect of unemployment ( the independent variable ) on health ( the dependent variable ), it would be considered unethical by institutional ...

  4. Control variable - Wikipedia

    en.wikipedia.org/wiki/Control_variable

    A variable in an experiment which is held constant in order to assess the relationship between multiple variables [a], is a control variable. [2] [3] A control variable is an element that is not changed throughout an experiment because its unchanging state allows better understanding of the relationship between the other variables being tested.

  5. Spurious relationship - Wikipedia

    en.wikipedia.org/wiki/Spurious_relationship

    Graphical model: Whereas a mediator is a factor in the causal chain (top), a confounder is a spurious factor incorrectly implying causation (bottom). In statistics, a spurious relationship or spurious correlation [1] [2] is a mathematical relationship in which two or more events or variables are associated but not causally related, due to either coincidence or the presence of a certain third ...

  6. Propensity score matching - Wikipedia

    en.wikipedia.org/wiki/Propensity_score_matching

    Choose appropriate confounders (variables hypothesized to be associated with both treatment and outcome) Obtain an estimation for the propensity score: predicted probability p or the log odds, log[p/(1 − p)]. 2. Match each participant to one or more nonparticipants on propensity score, using one of these methods: Nearest neighbor matching

  7. Blocking (statistics) - Wikipedia

    en.wikipedia.org/wiki/Blocking_(statistics)

    In the statistical theory of the design of experiments, blocking is the arranging of experimental units that are similar to one another in groups (blocks) based on one or more variables. These variables are chosen carefully to minimize the impact of their variability on the observed outcomes.

  8. Mortgage and refinance rates for Dec. 17, 2024: Average ... - AOL

    www.aol.com/finance/mortgage-and-refinance-rates...

    See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.

  9. Endogeneity (econometrics) - Wikipedia

    en.wikipedia.org/wiki/Endogeneity_(econometrics)

    The endogeneity problem is particularly relevant in the context of time series analysis of causal processes. It is common for some factors within a causal system to be dependent for their value in period t on the values of other factors in the causal system in period t − 1.