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Please give a brief explanation to each of these causal model assumptions: The data-generating process for an outcome, Y, can be expressed as: Yi =
Please give a brief explanation to each of these causal model assumptions:
- The data-generating process for an outcome, Y, can be expressed as:
Yi = + 1X1i + . . . + KXKi + Ui
2. {Yi, X1i, . . . , XKi} i=1 N is a random sample.
3. E[U] = E[U X1] = . . . = E[U XK] = 0
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