Many People Have Heard That the Stock Market Rises When

Multiple Choice

Many people have heard that the stock market rises when a team from the National Football Conference (NFC) wins the Super Bowl, and falls when a team from the American Football Conference (AFC) is victorious. If you conclude that there is a causal relationship between the outcome of the Super Bowl and stock prices, you probably are:

A) ​confusing correlation with causation.
B) ​committing the fallacy of composition.
C) ​confusing the direction of causality, since everyone knows that stock prices determine which team wins the Super Bowl.
D) ​none of the above