Concept:
Ethene undergoes hydration followed by oxidation to a carboxylic acid, which is converted to an acid chloride and then reacts with a dialkyl cadmium reagent to give a ketone.
Step 1: Identify intermediate X.
\(C_2H_4 \xrightarrow{H_2O/H^+} C_2H_5OH \xrightarrow{KMnO_4/H^+} CH_3COOH\)
So, \(X = CH_3COOH\)
Step 2: Convert X to Y.
\(CH_3COOH \xrightarrow{SOCl_2} CH_3COCl\)
So, \(Y = CH_3COCl\)
Step 3: Reaction with dialkyl cadmium.
\(CH_3COCl + (C_2H_5)_2Cd \rightarrow CH_3COC_2H_5\)
So, \(Z = CH_3COC_2H_5\) (a ketone)
\[
\boxed{\text{A ketone}}
\]