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Re:Tether price manipulation by tomwojcik on Friday January 08, 2021 @07:33AM (#25684000)
It literally is not.
Re:Tether price manipulation by wegs on Friday January 08, 2021 @07:41AM (#25684049)
Correction: Correlation is evidence for causation. It's weak evidence, and generally speaking, stronger correlation isn't more evidence.

There's a gradual process to go from hypothesis to theory to fact, and to get there, you need several types of independent evidence. Correlational evidence is okay as one of those.

A correct statement is that correlation is not proof of causation (no matter how strong).

Types of evidence:

* Correlation

* Theoretical basis / strong hypothesis

* Extrapolation

* Interpolation

* Small-scale well-controlled experiments (lab setting)

* Large-scale less controlled experiments (real-world setting)

* Anecdotes

* ... and so on

You want several of those before you start to believe anything, and some are stronger than others. Correlation isn't fundamentally weaker than most of those, though; all of those carry their own methodological issues. The number of times you can have a large-scale perfectly-controlled preregistered randomized control trial with no confounding effects is exceptionally rare (some medical trials, and a few other settings).

Re:Tether price manipulation by benibela on Friday January 08, 2021 @11:59AM (#25686719)
But it is

There are several algorithms that calculate the causal structure from correlations: PC, GES, FGS, FCI

They are proven to be asymptotically correct