Question 2 • Mathematics for Data and Financial Literacy
Based on the data, what can be inferred about the relationship between the stock prices of Company X and Company Y?
Answer
A
There is a perfect negative correlation between the stock prices of Company X and Company Y.
B
There is no correlation between the stock prices of Company X and Company Y.
C
There is a perfect positive correlation, meaning the increase in Company X's stock price is causing the increase in Company Y's stock price.
D
There is a perfect positive correlation, but this does not necessarily imply that Company X's stock price is causing Company Y's stock price to increase.