When Two Variables Have a Positive Correlation

question 44

Multiple Choice

When two variables have a positive correlation,

• A)when the x-variable increases,the y-variable decreases.
• B)when the x-variable decreases,the y-variable increases.
• C)when the x-variable increases,the y-variable increases.
• D)More than one of the above is correct.

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Definitions:

Caterpillar

A multinational corporation known for manufacturing construction and mining equipment.

Callable Bond

A type of bond that can be redeemed by the issuer before its maturity date at a predetermined price at certain times during its life, often at a premium.

Bondholder

An individual or entity that holds the debt securities issued by corporations or governments, entitling them to receive interest payments and the return of principal.

Specified Price

A predetermined price mentioned in a contract or agreement for the sale or purchase of an asset.