Indicate Whether You Expect Positive or Negative Correlation for the Following

question 59

Essay

Indicate whether you expect positive or negative correlation for the following pairs of variables.For each pair,state whether causation exists.
(A)The use of sunglasses and the number of sunny days.
(B)The number of movie rentals and the number of cable subscriptions.
(C)Purchases of candy and purchases of Valentine's Day cards.

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in profits through dividends.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.

Issued

Refers to the number of shares that a corporation has legally sold to investors and are currently outstanding.

Paid-In Capital

The total amount of cash and other assets that shareholders have given a company in exchange for stock.