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by mc-lovin 4773 days ago
I would also add that econometricians are highly focused, almost exclusively focused in fact, on finding causal relationships.

This means that descriptive work such as clustering, dimension reduction, is often either ignored, or considered as a kind of pre-processing before the real work starts.

1 comments

I think this is a big one, and one of the reasons I would be uncomfortable calling myself a "data scientist" despite meeting some of the more tool-oriented definitions - my work has a much larger focus on attempting to infer causality.