Indicate Whether You Expect Positive or Negative Correlation for the Following

question 59

Essay

Indicate whether you expect positive or negative correlation for the following pairs of variables.For each pair,state whether causation exists.
(A)The use of sunglasses and the number of sunny days.
(B)The number of movie rentals and the number of cable subscriptions.
(C)Purchases of candy and purchases of Valentine's Day cards.

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Definitions:

Personal Income

Refers to the total earnings received by individuals, including wages, salaries, bonuses, and income from investments.

Discretionary Income

the portion of an individual's income available for spending after the essentials (like food, shelter, and clothing) have been taken care of.

Household Budget

An estimation of revenue and expenses over a specified period for a home, serving as a plan for personal financial management.

Monthly Expenses

refer to the total costs incurred on a regular monthly basis for personal or business purposes.