Question: 2. One page assignment on cost-benefit analysis and why correlation doesn't equal causation. Paragraph 1: Explain the Idea behind cost-benefit analysis and why it is

 2. One page assignment on cost-benefit analysis and why correlation doesn't

2. One page assignment on cost-benefit analysis and why correlation doesn't equal causation. Paragraph 1: Explain the Idea behind cost-benefit analysis and why it is important to understand causal relationships in order to do cost-benefit analysis. Paragraph 2: Provide an example where two variables are correlated because of an omitted variable, not because one causes the other. Paragraph 3: Explain the idea of reverse causality and provide an example

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