Correlation vs. Causality - Unraveling the Relationship

Explore the crucial distinctions between causal relationships and correlations in this thought-provoking TEDx talk. Delve into the philosophy of life as Professor Shao Lei, an Associate Professor from the Central University of Finance and Economics, guides you through an intriguing anecdote about missing bullet holes on a fighter jet. Drawing from his expertise in economics and public finance, Dr. Lei offers valuable insights into understanding complex relationships. Gain a deeper appreciation for the nuances of causality and correlation, applicable to various fields including local government finance, property taxation, and social security. This 15-minute presentation, delivered at TEDxBeijing 101 High School, promises to challenge your perspective and enhance your critical thinking skills.