Which Pair of Events Is Likely to Be Positively Correlated

question 79

Multiple Choice

Which pair of events is likely to be positively correlated?

• A) stock prices of computer companies and of tire companies
• B) flood damage in Quebec and forest fire damage in British Colombia
• C) sales of ice cream and cars on a hot summer day
• D) a week-long power outage due to a large ice storm and battery sales

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Definitions:

Income Exchange

A process where different forms of income are exchanged, typically in an economic or financial system.

Demand Curve

A chart that represents the correlation between a product's price and the amount of that product buyers are prepared and capable of buying at different price levels.

Hamburgers

A popular fast food item consisting of a cooked patty, usually of ground beef, placed inside a sliced bun, often served with various accompaniments and condiments.

Hot Dogs

A type of food consisting of a grilled or steamed sausage served in the slit of a partially sliced bun.