Data Science 101: Difference in Differences

17/09/2024 11 min Temporada 1 Episodio 7

Listen "Data Science 101: Difference in Differences"

Episode Synopsis

I went to Jack-in-the-Box after the latest minimum wage hike, and let me tell you, the franchise fast food business model is falling apart. It took over 20 minutes to get my Jumbo Jack® Cheeseburger because they had one poor employee running both the drive-thru and the counter. Multitasking, sure, but not in a good way. This podcast dives into a data science technique called Difference in Differences—because apparently, solving wage issues with stats is faster than getting your burger these days. #minimumwage #aca