Graduate Admissions Events and Visiting

Due to the current covid-19 pandemic all on campus events and visits are postponed at this time. You can still connect with graduate admissions by scheduling a phone meeting, online chat, or video call with your admissions counselor. Be sure to check back often for updates on webinars and virtual events.

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Casual Impacts: Extracting Evidence of Causality from Big Data

Thursday June 25th 12:00 PM

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Join Data Analytics program director Dr. Dave Sheets for a data based virtual discussion. You are probably at least somewhat familiar with the phrase "Correlation does not imply Causation", meaning that an observed coincidence of two events does not mean that one is a result of the other, or that they even share a common underlying cause. Statistical methods are typically based on correlation patterns, extracting evidence of causation from data requires the use of claims or hypotheses generated from knowledge of the world not within the data, but based on prior experiences or business sense. Recently developed methods allow us to carry out effective hypothesis testing using data even when the gold standard of a randomized control trial is not available. Recent published estimates of Causal Impacts (changes) due to financial events and the COVID pandemic, based on advanced predictive analytic methods, will be presented and discussed.