Question: Make (and state) your own assumptions if a good answer requires additional information. 1) You are the CEO of a large technology company. Most projects

Make (and state) your own assumptions if a good answer requires additional information. 1) You are the CEO of a large technology company. Most projects in your company are conducted under team-based organisational structures. You ask your data science team to investigate whether teams with a leader perform better than teams without a leader. They find that indeed teams that have a leader are more likely to complete projects on schedule than teams without a leader. a) Based on this data, can you conclude that assigning leaders to teams would increase the performance of the teams in your company? (1 mark) b) Suppose you are interested in establishing a causal link between having a leader and team performance in your company. Describe how you might be able to use any two of the four empirical methods (randomised experiment, instrumental variable, difference-in-differences, regression discontinuity) presented in the lectures for this purpose. For each method, describe the data you would need and discuss the potential limitations/challenges of applying that method. (4 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!