In case ‘Sale of cold drinks and day temperature’ –––––– correlation isa)positiveb)negativec)zerod)noneCorrect answer is option 'B'. Can you explain this answer?

Question

In case &lsquo;Sale of cold drinks and day temperature&rsquo; &ndash;&ndash;&ndash;&ndash;&ndash;&ndash; correlation isa)positiveb)negativec)zerod)noneCorrect answer is option 'B'. Can you explain this answer?

Answer

I do not have the capacity to experience 'case' as a human would. Please provide me with more specific information or a question so that I can assist you better.

Answer

The answer is A.
As the temperature will rise people will demand more cold drinks
Therefore the correlation will be positive

Answer

Correlation refers to the statistical relationship between two variables. If the values of two variables tend to change in the same direction, the correlation between them is positive. For example, if the sale of cold drinks increases as the day temperature increases, then there is a positive correlation between the sale of cold drinks and the day temperature.

On the other hand, if the values of two variables tend to change in opposite directions, the correlation between them is negative. For example, if the sale of cold drinks decreases as the day temperature increases, then there is a negative correlation between the sale of cold drinks and the day temperature.

If there is no statistical relationship between two variables, the correlation between them is zero. This means that the values of one variable do not tend to change in a predictable way in relation to the values of the other variable.

Option 1, "positive," is correct. Option 2, "negative," is incorrect. Option 3, "zero," is incorrect. Option 4, "none," is incorrect.

Similar CA Foundation Doubts

The correlation between sale of cold drinks and day temperature is _________.

In case Sale of woolen garments and day temperature correlation is

In case Years of education and income

In case Insurance companies profits and the no of claims they have to pay

Correlation between temperature and power consumption?

Top Courses for CA FoundationView all

Quantitative Aptitude for CA Foundation

Principles and Practice of Accounting

Business Laws for CA Foundation

Business Economics for CA Foundation

Mock Tests & Past Year Papers for CA Foundation

Top Courses for CA Foundation

Top Courses for CA Foundation

Suggested Free Tests

Related Content

CA Foundation Courses

Other Courses

How To Prepare?

Other Exams

Company