pragmatist comments on Stuff That Makes Stuff Happen - Less Wrong
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No, the CMC says that if you conditionalize on all of the direct causes of some variable A in some set of variables, then A will be probabilistically independent of all other variables in that set except its effects. This rules out chance correlation. If there were some other variable in the set that just happened to be correlated with A without any causal explanation, then conditionalizing on A's direct causes would not in general eliminate this correlation.