Causality and correlation, Management Theories

Assignment Help:

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.

 


 


Related Discussions:- Causality and correlation

Theories of organization, Write a analytical note on neo-classical & modern...

Write a analytical note on neo-classical & modern theories of organization

Foster two way communication, The customer should known what expect. This c...

The customer should known what expect. This can only come about through communication. Even if there is a defect in service or if there is a limitation on the part of the service p

Physiology of hair cells causing skeletal muscle movement, HI, I need help ...

HI, I need help with a question. I have to trace the route of a hair follicle receptor. I need to know the route it travels from the CNS to the efferent pathway. Lets say a crimina

Single-stage decision making models are characterize, Simple or single-stag...

Simple or single-stage decision making models are characterized by: a. Event nodes. b. Decision nodes. c. Decision arrows. d. Conditional payoff tables or matrices.

Analysis what suites you and your client best, In line with the integrative...

In line with the integrative approach of this unit you are asked to choose a topic which reflects the skills needed to be a successful International Manager.  You are asked to comb

Theory of needs, Theory of Needs David McClelland proposed that th...

Theory of Needs David McClelland proposed that three requirements are important in organizational settings for understanding motivation: 1. The requirement for achievem

PRINCIPLES AND PRACTICES OF MANAGEMENT, How will you influence people to st...

How will you influence people to strive willingly for group objectives in your organization (target based industry)

Role of the team manager, what are different types of ''team manager role p...

what are different types of ''team manager role profiles?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd