(a) What is spurious correlation? Give an example of two variables which may be spuriously correlated and explain. (5 points) (b) Why is it important
(a) What is spurious correlation? Give an example of two variables which may be spuriously correlated and explain. (5 points) (b) Why is it important for policy makers to understand spurious correlation? Explain using your example in (a). (5 points)
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