Causality and correlation, Management Theories

Causality and Correlation:

Often there may be a connection among 2 events: That is, when event happens, event B tends to happen.  However, this does not mean that A causes B; causality is not the same as correlation. An example is that statistics show a correlation between the expansion rate of grass and the consumption of gasoline. Does this mean that enlarged use of gasoline makes the grass grow? Unlikely. In fact, there is a separate, familiar, causal factor: Grass grows most in the spring and summer, when the weather  is best. The amount of travel by common in the United States increases in the summer, hence, the biggest gasoline consumption. The season is the fundamental factor. The message here is to make certain you are not mistaking correlation for causality: Be systematic.

 


 

Posted Date: 10/15/2012 8:10:40 AM | Location : United States







Related Discussions:- Causality and correlation, Assignment Help, Ask Question on Causality and correlation, Get Answer, Expert's Help, Causality and correlation Discussions

Write discussion on Causality and correlation
Your posts are moderated
Related Questions
Census and Registration Data: Census and registration data have become very comprehensive census but it now extends to many areas. a.Census of Population: A census of the

Describe the 6 differences between managers and leaders

Methods for Collecting Information: Literature Research /Study of Secondary Data: The quickest and most economical way is to find possible hypotheses from the avai



Critically analyze Mr. vincent''s reasoning

how Operations Management is important to all business? Operation process have different characterstics? Operation process have different characterstics?

descibe and evaliuate what phizer doing

I would like information from you how to know management can aplied in education field. It is linier dicipline? Thank you

How will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communication proces