Question: True/False, Explain (25 points) Be sure to include an explanation for why the statement is true or false. Question 1 A common empirical strategy for

True/False, Explain (25 points) Be sure to include an explanation for why the statement is true or false. Question 1 A common empirical strategy for studying causation is to pay close attention to the sequence of events. If A tends to precede B, we can say that A causes B. Question 2 If all we are interested in the correlation between two variables, it does not matter which is our X and which is our Y. Question 3 It may sometimes be desirable to trade precision for bias in our estimator. Question 4 Our estimate differs from our estimand because of only noise. Question 5 The p-value tells us about the magnitude of the relationship between our dependent variable and independent variable

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