👉 Partialization is a mathematical technique used in statistics and econometrics to represent the conditional probability of an outcome given a set of observations. It involves partitioning the data into non-overlapping subgroups (or "parts") and then calculating the probability that each part has a particular value, assuming all other parts have equal probabilities.
The process can be summarized as follows:
1.
Data Preparation
: The first step is to collect the data from the observational study or experiment.
2.
Partitioning
:
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