According to the Output Below, Which of the Following Statement

question 104

Multiple Choice

According to the output below, which of the following statement is true about the correlation between stock price and earnings per share (EPS) ?

• A)The correlation is negative.
• B)The correlation is not significantly different from zero.
• C)The correlation is positive and significantly different from zero.
• D)The correlation is positive but not significantly different from zero.
• E)Cannot be determined from the information given.

---

Definitions:

First-Price

Refers to an auction format in which the highest bid wins, and the winner pays the amount they bid.

Bid-Rigging

A form of fraud in which a commercial contract is promised to one party even though for the sake of appearance several other parties also present a bid.

First-Price Auctions

An auction format in which the highest bidder wins and pays the amount of their bid.

Highest Bid

The largest amount of money offered in a competitive process, such as an auction, for the purchase of goods or services.