In case of “insurance companies' profits” and “The number of claims they have to pay”, there exists a :

CA Foundation · Quantitative Aptitude · PYQS · September 2024
In case of “insurance companies' profits” and “The number of claims they have to pay”, there exists a :
(A) A. Negative correlation
(B) B. Positive correlation
(C) C. No correlation
(D) D. It cannot be predicted

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Positive correlation

Topics: Part-C: Statistics

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