[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,- [Narrator] On his quest \Nto master econometrics,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Grasshopper Kamal has \Nmade great progress
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,stretching his capabilities \Nand outsmarting his foes.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Alas, today he's despondent.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,For one challenge remains unmet.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Kamal cannot yet decode \Nthe scriptures of academic research,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,journals like \N"The American Economic Review"
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and "Econometrica."
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,These seemed to him to be inscribed \Nin an obscure foreign tongue.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,- [Kamal] Ugh, what the... ?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,- [Narrator] These volumes are \Nopaque to novice, Kamal,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but can be deciphered with study.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Let us learn to read them together.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Let's dive into the West Point study,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,published in the "Economics \Nof Education Review."
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This paper reports \Non a randomized evaluation
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of student electronics use \Nin Economics 101 classrooms.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,First, a quick review \Nof the research design.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,- Okay.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,- [Josh] 'Metrics masters \Nteaching at West Point,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the military college that trains \NAmerican Army officers
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,designed a randomized trial\Nto answer this question.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,These masters randomly assigned\NWest Point cadets
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,into Economics classes\Noperating under different rules.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Unlike most American colleges,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the West Point default \Nis no electronics.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,For purposes of this experiment,\Nsome students were left
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in such traditional \Ntechnology-free classes,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,no lap tops, no tablets \Nand no phones!
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,[voice echoes]
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This is the control group,\Nor baseline case.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Another group was allowed\Nto use electronics.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,This is the treatment group,\Nsubject to a changed environment.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The treatment in this case\Nis the unrestricted use
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of laptops or tablets in class.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Every causal question \Nhas a clear outcome,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the variables we hope to influence\Ndefined in advance of the study.