Question
What is spurious correlation? Give some examples.
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| Units of Labour | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Units of Output | 4 | 12 | 24 | 32 | 36 | 36 | 28 | 16 |
| Units Sold | Total Revenue (₹) | Average Revenue (₹) | Marginal Revenue (₹) |
| 1 | 10 | ||
| 2 | 24 | ||
| 3 | 33 | ||
| 4 | 40 | ||
| 5 | 40 | ||
| 6 | 36 | ||
| 7 | 28 |