Which of the Following Statements Is True Regarding the Judgments

question 61

Multiple Choice

Which of the following statements is true regarding the judgments about correlation and causality bias?

• A)A correlation rules out other potential causes.
• B)A correlation between two variables is not evidence for causality.
• C)Temporal order indicates causality.
• D)An association between two variables is evidence for causality.

---

Definitions:

Goodwill

An intangible asset that represents the value of a company's brand name, customer relationships, employee relations, and other non-physical assets.

Human Capital

The stock of habits, knowledge, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.

Critical Thinking

Critical Thinking is the analytical process of objectively evaluating information to make reasoned judgments and solve problems.

Investment

The act or method of distributing resources, typically funds, with the aim of earning a return or gaining financial profit.