To make sound business decisions, managers have to be comfortable with all the notions of causation and correlation. This background note provides a summary of causation and correlation using examples and describes the former doesn't imply the latter. Additionally, it describes several techniques for gaining insights into causal relations, including randomized experiments, matching panel data. The note is simple and could be understood by a common reader.
PUBLICATION DATE: August 31, 2015 PRODUCT #: 616009-PDF-ENG
This is just an excerpt. This case is about TECHNOLOGY & OPERATIONS
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