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Suppose that a company's sales increase when the economy is doing well. Also, suppose that the company's...

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Question

Basic Math

Suppose that a company's sales increase when the economy isdoing well. Also, suppose that the
company's advertising budget is based upon the number of sales, andthat larger sales lead to a larger
advertising budget.
A There is an association between how well the economy is doing andthe company's advertising budget.
B There is a causal relationship between the company's sales andthe company's advertising budget.
C Both of the above.
D Neither of the above.

Answer & Explanation Solved by verified expert
3.9 Ratings (384 Votes)
A correlation is a measure or degree of relationship between two variables A causal relation between two events exists if the occurrence of the first causes the other A correlation between two variables does not imply causation On the other hand if    See Answer
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