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Does an EFL teacher need a doctorate?

English teachers either have or do not have a doctorate.
English teachers either are or are not good at teaching.
So it is possible to visualize a contingency table like the following.

Have a doctorate
Not have a doctorate
Good at teaching

Not good at teaching

Which begs the quetion: Is a have-a-doctorate more likely to be good at teaching than a not-have-a-doctorate, other things being equal?  The answer is that this is an invalid question to ask. Why?  Because other things can never be equal.  Fact is that a good teacher, satisfied with their teaching situation, is more likely to NOT opt to venture into something that is so time consuming as a doctoral research.  My gut feeling is that those who get their doctorates and those who are good at teaching are drawn from two different populations that overlap very little.