Do distinguish the difference between an actual cause and effect relation and a simple correlation (without a cause and effect). To do so, think about a possibility of (1) just a coincidence, (2) a relationship based on another (or other) variable(s), and (3) an inverse cause and effect (cause and effect are the other way around).
(2) A confounding factor could affect both (seeming) cause and effect simultaneously; in that case, the deceptive cause and effect actually do not have the relationship.
To avoid (1), (2), and (3), counterfactual thinking is an important approach although a counter-fact cannot be observed; it has to be estimated.
The Financial Journal is a blog for all financial industry professionals. This blog has been, and always will be, interactive, intellectually stimulating, and open platform for all readers.
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Monday, February 11, 2019
Start-ups
Great start-up team
1. Understand their own culture
2. Have a passion
3. Be flexible
4. Be honest
5. Share visions
What is a great product?
1. What kind of problems do you try to solve?
2. If 1 is clear, then how do you solve it? What are your products / services?
1. Understand their own culture
2. Have a passion
3. Be flexible
4. Be honest
5. Share visions
What is a great product?
1. What kind of problems do you try to solve?
2. If 1 is clear, then how do you solve it? What are your products / services?
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