Which Pair of Events Is Likely to Be Positively Correlated

question 132

Multiple Choice

Which pair of events is likely to be positively correlated?

• A)stock prices of computer companies and of tire companies
• B)hurricane damage in Florida and earthquake damage in California
• C)sales of ice cream and cars on a hot summer day
• D)a week-long power outage due to a large hurricane and battery sales

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Definitions:

Group Insurance Plan

A type of insurance policy that covers a defined group of people, typically employees of a company, offering them benefits at a reduced cost.

Individual Insurance Plan

A health insurance policy purchased by an individual, as opposed to being provided by an employer.

Group Benefit

An advantage or favorable outcome obtained by a team or group, often in the context of workplace incentives or shared services.

Cash Balance Plan

Retirement plan in which the employer sets up an individual account for each employee and contributes a percentage of the employee's salary; the account earns interest at a predefined rate.