In the ninth phase of the business strategy formulation, you have determined that the organization needs to adopt a formal, advanced method for establishing causal inference.
* After meeting with your supervisor, you were given a task to provide a recommendation for one of the two advanced methods the organization should adoptâ€” use of instrumental variables or panel data methods.
* Write your recommendation to your supervisor in the form of a business memorandum.
* In your memorandum, provide at least two example of how your recommendation could be applied within the organization.
* Be sure to use information from our readings to support your thoughts.
This assignment should be at least 500 words in length and submitted as a Microsoft Word document.