The 11 Minute Introduction to Mastering Potential Outcome Notation

Causal Inference Struggle | Potential Outcome Notation: In this video I talk about Potential Outcome Notation, Average Treatment Effect, Average Treatment Effect on the Treated, Selection Bias, and Difference in Means. I use several examples throughout the video. Timestamps: 0:00 - Intro 0:30 - Example 1: Effect of Cats on Stress Level 1:02 - Potential Outcomes as an Attribute 3:43 - Treatment Effect Intuitively 3:56 - Observed vs Unobserved Outcomes in Data 5:11 - Calculating Average Treatment Effect 5:37 - Example 2: Effect of Anxiety Pill on Anxiety 6:10 - Estimating Average Treatment Effect as Difference in Means 7:09 - Why Difference in Means = ATT+SB 7:37 - Average Treatment Effect on Treated (ATT) 8:08 - Selection Bias (SB) 9:52 - Calculating Diff in Means, ATE, ATT, and SB