Randomized Trials: The Ideal Weapon

Randomized Trials: The Ideal Weapon

MIT’s Josh Angrist—aka Master Joshway—introduces us to our most powerful weapon: randomized trials!

Randomized trials originate in medical research, where they’re called “randomized clinical trials” or “RCTs.” That’s why randomized trials are said to measure “treatment effects”.

Josh covers a fascinating study from West Point that seeks to answer a common question using randomized trials: Are our devices more distracting than useful when it comes to learning?

In this video, we cover the following:
-What's the difference between control and treatment groups?
-How to "check for balance"
-The Law of Large Numbers
-Treatment effects
-Standard errors and statistical significance

High school teacher resources: https://bit.ly/2RcCsta
Professor resources: https://bit.ly/2XgdHQG
EconInbox: https://bit.ly/2yzTjzz

Try out our practice questions: https://bit.ly/2xVuvSg
See the full course: https://bit.ly/2Xc88CQ
Receive updates when we release new videos: https://bit.ly/2VaLTdH
More from Marginal Revolution University: https://bit.ly/39QeWZo

plus » « moins
Langue de la vidéo:
Marginal Revolution University
Projet :
Mastering Econometrics
Format: Youtube Principal Original Synchronisé

des tâches

en attente (53)

This video is part of the Marginal Revolution University team.