18
QuizMultiple Choice

Investment Data — Quiz

Question 18 • Financial Math

Based on the correlation between TechVision Inc.'s stock price and the tech industry index shown in the chart, which statement is most accurate? Expand Image

Answer
A
The strong correlation means that changes in TechVision Inc.'s stock price directly caused changes in the tech industry index.
B
The strong correlation between TechVision Inc.'s stock price and the tech industry index proves that the overall industry trend is the sole cause of the stock price increase.
C
The correlation indicates that TechVision Inc.'s product launch directly caused the tech industry index to increase.
D
The correlation suggests that the tech industry trend may be influencing TechVision Inc.'s stock price, but it does not prove that the industry trend is the only factor causing the stock price to rise.
Previous
Next