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Question: you come across a scientific study reported in the new...

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You come across a scientific study reported in the New York Times. The study says that adults who played varsity sports in high school are 20 percentage points more likely to have graduated college with a bachelor’s degree than adults who did not. a. Identify the outcome variable in this study b. Identify the treatment variable (or policy variable) in this study c. What is the counterfactual scenario for high school varsity athletes? d. Why is it important to think about the counterfactual scenario? e. Do you think that the correlation reported in this study is a causal effect? Why or why not? f. What is the value of the naive average treatment effect (ATE) of this study, assuming that the correlation is causal? What is its interpretation? g. If someone constructed an experiment to answer this question, what would it look like? Is such an experiment possible? Explain.

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