In the Past,there Was a Strong Correlation Between Ice Cream

question 88

Multiple Choice

In the past,there was a strong correlation between ice cream consumption by children and polio cases for children.There was not a causal relationship due to:

• A) a common underlying omitted variable.
• B) reverse causality.
• C) accounting fraud practiced by Baskin Robbins.
• D) an infection present in cherries.

---

Definitions:

Cookies

Small pieces of data sent from a website and stored on a user's computer by the user's web browser while the user is browsing, often used to remember information about the user.

Information Asymmetry

A situation where one party in a transaction has more or better information than the other, often leading to an imbalance in power or unfair advantage.

Market Characteristics

Features that define and distinguish a specific market, including aspects such as size, competition, buyer behavior, and product differentiation.

Borda Count

A voting system used to rank candidates in which voters order their preferences, and candidates receive points based on their positions in these rankings.