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Spurious correlation #3,277 · View random

A linear line chart with years as the X-axis and two variables on the Y-axis. The first variable is Sales of LP/Vinyl Albums and the second variable is MSCI Inc.'s stock price (MSCI).  The chart goes from 2008 to 2022, and the two variables track closely in value over that time. Small Image
Download png
, svg

AI explanation

As more people grooved to the nostalgic vibes of vinyl, it created a positive spin in the economy. This led to a surge in demand for audio equipment, boosting the companies in the MSCI index. It's like the stock market said, "You spin me right round, baby, right round, like a record, baby, right round round round!"

Model: dalle-3
Prompt: Create an image of an old record store packed with patrons perusing through an abundant collection of LP/Vinyl Albums. The atmosphere is filled with a cybernetic art style, blending nostalgic retro elements with futuristic embellishments. A vintage turntable plays music in the corner, captivating a crowd of nostalgic music lovers. Meanwhile, outside the store, a group of investors engages in a discussion about the stock market. Subtly integrate futuristic elements and visual cues reflecting the vintage-meets-future theme. The depiction should include only scenes, people, and objects, it should not include text or speech bubbles.
This image generation prompt was also generated by AI, using the following sequence:

Model: gpt-3.5-turbo-1106
System prompt: You select one of a few potential scene descriptors that seems to go along with the variables described. You respond only with the scene descriptions provided and say nothing else.
User prompt: Here are two variables: Sales of LP/Vinyl Albums and MSCI Inc.'s stock price (MSCI). Given these, which of the following image style descriptions seems most appropriate? Pick the one that seems to be related to one of the variables at hand. Please respond with only one of the following potential descriptions: Cute cartoon An image that looks like it is a scene from a Pixar movie Magic realism Cybernetic art Glitch art
ChatGPT: Cybernetic art

Model: gpt-3.5-turbo-1106
System prompt: You describe simple visual scenes that depict the two variables stated. You combine both variables into one scene.
User prompt: Please describe a visual scene that prominently depicts both Sales of LP/Vinyl Albums and MSCI Inc.'s stock price (MSCI), in the following situation: As the sales of LP/Vinyl Albums increased, more people turned to listening to music on old-school turntables, which sparked a nostalgic appreciation for vintage technology, leading investors to see MSCI Inc. as a valuable investment for its traditional, time-tested approach to financial data analysis.. Keep the description simple.
ChatGPT: In an old record store, the sales of LP/Vinyl Albums are booming as people browse through racks of classic and new releases. In the corner, a vintage turntable plays music, drawing a crowd of nostalgic music lovers. At the same time, outside the store, a group of investors is seen discussing the stock market, with MSCI Inc.'s stock price prominently displayed on a financial ticker. The investors nod in agreement as they recognize the value of MSCI Inc. for its traditional, time-tested approach to financial data analysis.

Model: gpt-3.5-turbo-1106
System prompt: You write and improve image generation prompts for DALLE-3. You maintain the same subjects, but enhance the visuals.
User prompt: Please respond with an image generation prompt that would be likely to create an interesting visual using DALLE-3, using the following style: [ Cybernetic art ] and depicting this scene: In an old record store, the sales of LP/Vinyl Albums are booming as people browse through racks of classic and new releases. In the corner, a vintage turntable plays music, drawing a crowd of nostalgic music lovers. At the same time, outside the store, a group of investors is seen discussing the stock market, with MSCI Inc.'s stock price prominently displayed on a financial ticker. The investors nod in agreement as they recognize the value of MSCI Inc. for its traditional, time-tested approach to financial data analysis. Keep the visual depiction simple. Do not include any words or speech bubbles.
ChatGPT: Create an image of an old record store packed with patrons perusing through an abundant collection of LP/Vinyl Albums. The atmosphere is filled with a cybernetic art style, blending nostalgic retro elements with futuristic embellishments. A vintage turntable plays music in the corner, captivating a crowd of nostalgic music lovers. Meanwhile, outside the store, a group of investors engages in a discussion about the stock market. Subtly integrate futuristic elements and visual cues reflecting the vintage-meets-future theme.

*Variations in the User Prompts from chart to chart are just the result of random number generation in Python. I wrote a few arrays of various styles and methods to ask questions to change up the results. Every time this site writes an explanation or generates an image, the script picks from each at random.

I sequence the requests into multiple prompts because I find GPT 3.5 to perform much better with short, well-managed contexts. Thus, I track the context directly in Python and only ask ChatGPT targeted questions.

Model: gpt-3.5-turbo-1106 (fine-tuned)
System prompt: You provide humorous responses in the form of plausible sounding explanations for correlations. You assume the correlation is causative for the purpose of the explanation even if it is ridiculous. You do not chat with the user, you only reply with the causal connection explanation and nothing else.
User prompt: Please make up a funny explanation for how an increase in Sales of LP/Vinyl Albums caused MSCI Inc.'s stock price (MSCI) to increase. Include one good pun.

AI academic paper

(Because p < 0.01)
Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price

Journal of Analog Audio Economics

Jan 2024

Reminder: This paper is AI-generated. Not real!
Quick note: This sequence is long and repetitive. That's how the prompt engineering works for this one. I manage the output in Python to format it into this PDF.




Model: gpt-3.5-turbo-1106
System prompt: You are a researcher writing an academic paper.You write titles and abstracts of goofy academic research papers.
User prompt:
Pretend you are an academic researcher. Your writing sounds like it belongs in a medical or economics journal. However, you frequently crack jokes, make puns, and add unexpected twists in your writing.

Please draft the title and abstract of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and MSCI Inc.'s stock price (MSCI). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences.

Rhyme words in the title.

Your research team used data from Statista and LSEG Analytics (Refinitiv) to assess this nagging question. You found a correlation coefficient of 0.9579961 and p < 0.01 for 2008 to 2022.

Please respond in this format (replace "Lorem ipsum dolor sit" with your title and abstract)

[[TITLE]]
Lorem ipsum dolor sit

[[ABSTRACT]]
Lorem ipsum dolor sit



ChatGPT:
[[TITLE]]
Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price

[[ABSTRACT]]
In this study, we delve into the curious connection between the sales of LP/vinyl albums and the stock price of the renowned MSCI Inc. While some may think comparing music to the stock market is like apples and oranges, we decided to tune into this correlation to see if there's a rhythm to the relationship. Armed with data from Statista and LSEG Analytics (Refinitiv), we analyzed the sales of LP/vinyl albums from 2008 to 2022 and compared it to the fluctuation in MSCI Inc.'s stock price.
As we plunged into the numbers, we discovered a staggering correlation coefficient of 0.9579961, showing a striking harmony between the two seemingly unrelated entities, much like a perfect duet between vinyl and the stock market. With p < 0.01, our findings hit all the right notes, leading us to believe that there might be more to this connection than meets the eye, just like how a well-played vinyl reveals hidden tones. Our results not only uncover this surprising link but also shed light on the potential for unique indicators in the stock market, proving that sometimes, even in finance, the music really can move the markets. So, whether you're a music aficionado or a stock market fan, remember that the LP/vinyl sales and MSCI Inc.'s stock price might just be dancing to the same beat.


Model: gpt-3.5-turbo-1106
System prompt: You are a researcher writing an academic paper.You draft the introduction section of an academic research paper.
User prompt:
Pretend you are an academic researcher. Your writing sounds like it belongs in a medical or economics journal. However, you frequently crack jokes, make puns, or add unexpected twists in your writing.

Please make up the introduction section of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and MSCI Inc.'s stock price (MSCI). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences. Sneak in some jokes and clever puns about science, research, statistics, and the variables.

Here is the title and abstract of the paper:
[[TITLE]]
Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price

[[ABSTRACT]]
In this study, we delve into the curious connection between the sales of LP/vinyl albums and the stock price of the renowned MSCI Inc. While some may think comparing music to the stock market is like apples and oranges, we decided to tune into this correlation to see if there's a rhythm to the relationship. Armed with data from Statista and LSEG Analytics (Refinitiv), we analyzed the sales of LP/vinyl albums from 2008 to 2022 and compared it to the fluctuation in MSCI Inc.'s stock price.
As we plunged into the numbers, we discovered a staggering correlation coefficient of 0.9579961, showing a striking harmony between the two seemingly unrelated entities, much like a perfect duet between vinyl and the stock market. With p < 0.01, our findings hit all the right notes, leading us to believe that there might be more to this connection than meets the eye, just like how a well-played vinyl reveals hidden tones. Our results not only uncover this surprising link but also shed light on the potential for unique indicators in the stock market, proving that sometimes, even in finance, the music really can move the markets. So, whether you're a music aficionado or a stock market fan, remember that the LP/vinyl sales and MSCI Inc.'s stock price might just be dancing to the same beat.

-------

Your response should start like this:

[[INTRODUCTION]]



ChatGPT:
[[INTRODUCTION]]

Starbucks may claim they have the best blend, but when it comes to the perfect pairing of LP sales and MSCI Inc.'s stock price, we were on a quest for the true double shot of correlation. As the world witnessed a remarkable resurgence in the demand for vinyl records over the past decade, it begged the question: is there more than just a groovy beat behind the rise of LP sales, could there be a financial melody playing too? While we can't promise to solve all the vinyl riddles, we do promise to drop some puns as we explore this unconventional relationship.

The correlation between LP sales and stock prices may seem as unlikely as finding a needle in a haystack - or should we say, a needle on a turntable. However, as researchers, we were not content to just scratch the surface of this connection; we aimed to spin the wheel of statistics and see if the numbers would groove together in harmony. It turns out, the data revealed a correlation coefficient so strong that it could put even Simon Cowell to shame – that's right, we're talking a correlation coefficient of 0.9579961! We were truly astounded to see LP sales and MSCI Inc.'s stock price marching to the same drumbeat with such precision.

As we dove deeper into the data, we couldn't help but ponder – could it be that LP sales are the unsung heroes of stock market predictions? We were thrilled to find statistical significance with p < 0.01, showing that this relationship wasn't just a one-hit-wonder. Our findings uncovered a hidden gem in the vast ocean of stock market indicators, proving that LP sales could very well be the background music to MSCI Inc.'s stock price movements.

While typical financial analysts may have scoffed at the idea of LP sales and stock prices sharing a groovy connection, our study reveals that even in the world of numbers and graphs, there's room for a little jazz – or in this case, some classic rock. So, to all the music enthusiasts and stock market aficionados out there, let's remember – when it comes to LP sales and stock prices, there's more than just the sound of silence; there's a symphony waiting to be heard.


Model: gpt-3.5-turbo-1106
System prompt: You are a researcher writing an academic paper.You draft a literature review section of an academic research paper, that starts out dry for the first few sentences but then becomes hilarious and goofy.
User prompt:
Pretend you are an academic researcher. Your writing sounds like it belongs in a medical or economics journal. However, you frequently crack jokes, make puns, or add unexpected twists in your writing.

Please make up a literature review section of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and MSCI Inc.'s stock price (MSCI). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences.

Speak in the present tense for this section (the authors find...), as is common in academic research paper literature reviews. Name the sources in a format similar to this: In "Book," the authors find lorem and ipsum.

Make up the lorem and ipsum part, but make it sound related to the topic at hand.

Start by naming serious-sounding studies by authors like Smith, Doe, and Jones - but then quickly devolve. Name some real non-fiction books that would be related to the topic. Then name some real fiction books that sound like they could be related. Then name some cartoons and childrens' shows that you watched that are related to the topic.

Here is the title and abstract of the paper:
[[TITLE]]
Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price

[[ABSTRACT]]
In this study, we delve into the curious connection between the sales of LP/vinyl albums and the stock price of the renowned MSCI Inc. While some may think comparing music to the stock market is like apples and oranges, we decided to tune into this correlation to see if there's a rhythm to the relationship. Armed with data from Statista and LSEG Analytics (Refinitiv), we analyzed the sales of LP/vinyl albums from 2008 to 2022 and compared it to the fluctuation in MSCI Inc.'s stock price.
As we plunged into the numbers, we discovered a staggering correlation coefficient of 0.9579961, showing a striking harmony between the two seemingly unrelated entities, much like a perfect duet between vinyl and the stock market. With p < 0.01, our findings hit all the right notes, leading us to believe that there might be more to this connection than meets the eye, just like how a well-played vinyl reveals hidden tones. Our results not only uncover this surprising link but also shed light on the potential for unique indicators in the stock market, proving that sometimes, even in finance, the music really can move the markets. So, whether you're a music aficionado or a stock market fan, remember that the LP/vinyl sales and MSCI Inc.'s stock price might just be dancing to the same beat.

-------

And here is the introduction section that led to this literature review:
[[INTRODUCTION]]
Starbucks may claim they have the best blend, but when it comes to the perfect pairing of LP sales and MSCI Inc.'s stock price, we were on a quest for the true double shot of correlation. As the world witnessed a remarkable resurgence in the demand for vinyl records over the past decade, it begged the question: is there more than just a groovy beat behind the rise of LP sales, could there be a financial melody playing too? While we can't promise to solve all the vinyl riddles, we do promise to drop some puns as we explore this unconventional relationship.
The correlation between LP sales and stock prices may seem as unlikely as finding a needle in a haystack - or should we say, a needle on a turntable. However, as researchers, we were not content to just scratch the surface of this connection; we aimed to spin the wheel of statistics and see if the numbers would groove together in harmony. It turns out, the data revealed a correlation coefficient so strong that it could put even Simon Cowell to shame – that's right, we're talking a correlation coefficient of 0.9579961! We were truly astounded to see LP sales and MSCI Inc.'s stock price marching to the same drumbeat with such precision.
As we dove deeper into the data, we couldn't help but ponder – could it be that LP sales are the unsung heroes of stock market predictions? We were thrilled to find statistical significance with p < 0.01, showing that this relationship wasn't just a one-hit-wonder. Our findings uncovered a hidden gem in the vast ocean of stock market indicators, proving that LP sales could very well be the background music to MSCI Inc.'s stock price movements.
While typical financial analysts may have scoffed at the idea of LP sales and stock prices sharing a groovy connection, our study reveals that even in the world of numbers and graphs, there's room for a little jazz – or in this case, some classic rock. So, to all the music enthusiasts and stock market aficionados out there, let's remember – when it comes to LP sales and stock prices, there's more than just the sound of silence; there's a symphony waiting to be heard.

-------

Your response should start like this:

[[LITERATURE REVIEW]]



ChatGPT:
[[LITERATURE REVIEW]]

When examining the interconnectedness of LP sales and stock prices, one cannot help but reference the seminal work of Smith. In "The Harmonious Interplay of Market Forces," the author expounds upon the unexpected correlations found within financial markets, much like the unanticipated replay value of a favorite vinyl record. Finding such parallels between the vicissitudes of the stock market and the enduring appeal of vinyl underscores the lyrical nature of economic phenomena, wouldn’t you say?

The work of Doe, in "Echoes of Economic Trends," focuses on the intertwining pathways of consumer behavior and market dynamics, akin to the intricate web of sounds captured on a vinyl album. The author's exploration of the resonance between consumer choices and market fluctuations offers a striking reminder of how even the most discordant economic trends can be harmonized, just like a carefully curated playlist.

However, as we wade deeper into the intersection of music and finance, it becomes apparent that the literature on this peculiar correlation may not be as robust as a heavyweight vinyl record. So, let’s bring in some unconventional inspiration to shed light on this uncharted territory.

Take for instance, "The Vinyl Detective" series by Andrew Cartmel, which follows the adventures of a record shop owner with a knack for uncovering rare vinyl gems. Now, we’re not saying that the correlation between LP sales and stock prices could be solved by a fictional vinyl sleuth, though it would certainly add a touch of intrigue to our analysis.

Moving on to more lighthearted influences, it would be remiss not to mention the animated series "Phineas and Ferb," where the characters often embark on zany inventions and musical escapades. While the show may not directly address the correlation between LP sales and stock prices, it serves as a whimsical reminder that unexpected connections can be found where one least expects, not unlike stumbling upon a rare vinyl find in an unlikely place.

And let’s not overlook the timeless lessons from "Sesame Street," where diverse themes are expertly woven into entertaining narratives. Though the program may not tackle the intricacies of economic models, it highlights the importance of synthesis and interconnectedness, much like the intricate relationship we've uncovered between LP sales and stock prices.

So, as we draw upon a symphony of literature, both scholarly and playful, it becomes evident that the connection between LP sales and stock prices may indeed warrant a closer, albeit whimsical, examination. After all, in this paper, we aim to bridge the gap between the financial and the fantastical, all while dropping puns that are truly record-breaking.


Model: gpt-3.5-turbo-1106
System prompt: You are a researcher writing an academic paper.You draft the methodology section of an academic research paper.
User prompt:
Pretend you are an academic researcher. Your writing sounds like it belongs in a medical or economics journal. However, you frequently crack jokes, make puns, or add unexpected twists in your writing.

Please make up the methodology section of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and MSCI Inc.'s stock price (MSCI). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences. Sneak in some jokes and clever puns about science, research, statistics, and the variables.

Your research team collected data from all across the internet, but mostly just used information from Statista and LSEG Analytics (Refinitiv) . You used data from 2008 to 2022

Make up the research methods you don't know. Make them a bit goofy and convoluted.

Here is the title, abstract, and introduction of the paper:
[[TITLE]]
Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price

[[ABSTRACT]]
In this study, we delve into the curious connection between the sales of LP/vinyl albums and the stock price of the renowned MSCI Inc. While some may think comparing music to the stock market is like apples and oranges, we decided to tune into this correlation to see if there's a rhythm to the relationship. Armed with data from Statista and LSEG Analytics (Refinitiv), we analyzed the sales of LP/vinyl albums from 2008 to 2022 and compared it to the fluctuation in MSCI Inc.'s stock price.
As we plunged into the numbers, we discovered a staggering correlation coefficient of 0.9579961, showing a striking harmony between the two seemingly unrelated entities, much like a perfect duet between vinyl and the stock market. With p < 0.01, our findings hit all the right notes, leading us to believe that there might be more to this connection than meets the eye, just like how a well-played vinyl reveals hidden tones. Our results not only uncover this surprising link but also shed light on the potential for unique indicators in the stock market, proving that sometimes, even in finance, the music really can move the markets. So, whether you're a music aficionado or a stock market fan, remember that the LP/vinyl sales and MSCI Inc.'s stock price might just be dancing to the same beat.

[[INTRODUCTION]]
Starbucks may claim they have the best blend, but when it comes to the perfect pairing of LP sales and MSCI Inc.'s stock price, we were on a quest for the true double shot of correlation. As the world witnessed a remarkable resurgence in the demand for vinyl records over the past decade, it begged the question: is there more than just a groovy beat behind the rise of LP sales, could there be a financial melody playing too? While we can't promise to solve all the vinyl riddles, we do promise to drop some puns as we explore this unconventional relationship.
The correlation between LP sales and stock prices may seem as unlikely as finding a needle in a haystack - or should we say, a needle on a turntable. However, as researchers, we were not content to just scratch the surface of this connection; we aimed to spin the wheel of statistics and see if the numbers would groove together in harmony. It turns out, the data revealed a correlation coefficient so strong that it could put even Simon Cowell to shame – that's right, we're talking a correlation coefficient of 0.9579961! We were truly astounded to see LP sales and MSCI Inc.'s stock price marching to the same drumbeat with such precision.
As we dove deeper into the data, we couldn't help but ponder – could it be that LP sales are the unsung heroes of stock market predictions? We were thrilled to find statistical significance with p < 0.01, showing that this relationship wasn't just a one-hit-wonder. Our findings uncovered a hidden gem in the vast ocean of stock market indicators, proving that LP sales could very well be the background music to MSCI Inc.'s stock price movements.
While typical financial analysts may have scoffed at the idea of LP sales and stock prices sharing a groovy connection, our study reveals that even in the world of numbers and graphs, there's room for a little jazz – or in this case, some classic rock. So, to all the music enthusiasts and stock market aficionados out there, let's remember – when it comes to LP sales and stock prices, there's more than just the sound of silence; there's a symphony waiting to be heard.

-------

Your response should start like this:

[[METHODOLOGY]]



ChatGPT:

[[METHODOLOGY]]

To unravel the enigmatic correlation between LP sales and MSCI Inc.'s stock price, our research team had to orchestrate a statistical symphony of epic proportions. We kicked off our methodology by gallivanting across the internet, scouring for data like treasure hunters in a digital age. With Statista and LSEG Analytics (Refinitiv) as our trusty companions, we embarked on a quest through the tumultuous waves of information from 2008 to 2022, navigating the treacherous seas of data collection.

Our first step was to harmonize the LP sales data, meticulously appropriate for this task, much like a DJ mixing tracks at a wedding towards the stroke of midnight. We meticulously sourced LP sales figures from various online platforms, ensuring that our data was as pure as the sound of a vinyl record on a crystal-clear turntable. Next, we ventured into the realm of MSCI Inc.'s stock pricing, navigating through the choppy waters of economic indexes and market data. It was no simple feat to wrangle the stock price data, akin to taming a wild stallion in the vast plains of financial information, but our team persevered with the determination of a vinyl enthusiast searching for a rare pressing.

With our data harmoniously assembled, we dove into the wild seas of statistical analysis, wielding the sword of correlation to discern the hidden patterns between LP sales and MSCI Inc.'s stock price. Our primary statistical tool was the Pearson correlation coefficient, a mathematical masterpiece that measures the strength and direction of the linear relationship between two variables. This tool acted as our compass, guiding us through the tumultuous terrain of numbers and creating a harmony akin to a beautifully composed sonata.

To ensure the robustness of our findings, we also conducted a comprehensive regression analysis, treating the LP sales as the independent variable and MSCI Inc.'s stock price as the dependent variable. This regression analysis, much like a seasoned conductor leading a philharmonic orchestra, allowed us to uncover the intricate nuances of the relationship between LP sales and stock prices, making for a truly symphonic exploration of economic and musical correlations.

In the grand finale of our methodology, we verified the statistical significance of our findings by conducting hypothesis testing with a resounding alpha level of 0.01. We danced between the realms of null and alternative hypotheses, much like a gallant ballroom couple waltzing through the trials of statistical inference. With the p-value donning a tuxedo of statistical significance, we were ready to take a bow and present our findings to the world.

In summary, our methodology was infused with the spirit of musical finesse and scientific rigor, creating an orchestral masterpiece that harmonized the realms of LP sales and stock prices. Through the melodic cadence of statistics and data analysis, we endeavored to shed light on the unexpected correlation between these seemingly disparate domains, leaving even the most seasoned researchers humming a tune of economic and musical intrigue.


Model: gpt-3.5-turbo-1106
System prompt: You are a researcher writing an academic paper.You draft the results section of an academic research paper. You speak in the past tense (you found...).
User prompt:
Pretend you are an academic researcher. Your writing sounds like it belongs in a medical or economics journal. However, you frequently crack jokes, make puns, or add unexpected twists in your writing.

Please make up the results section of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and MSCI Inc.'s stock price (MSCI). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences. Sneak in some jokes and clever puns about science, research, statistics, and the variables.

Your research team collected data from all across the internet, but mostly just used information from Statista and LSEG Analytics (Refinitiv) .

For the time period 2008 to 2022, you found a correlation 0.9579961, r-squared of 0.9177566, and p < 0.01.

One figure will be included. The figure (Fig. 1) is a scatterplot showing the strong correlation between the two variables. You don't need to specify where; I will add the figure.

Here is the title and abstract of the paper:
[[TITLE]]
Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price

[[ABSTRACT]]
In this study, we delve into the curious connection between the sales of LP/vinyl albums and the stock price of the renowned MSCI Inc. While some may think comparing music to the stock market is like apples and oranges, we decided to tune into this correlation to see if there's a rhythm to the relationship. Armed with data from Statista and LSEG Analytics (Refinitiv), we analyzed the sales of LP/vinyl albums from 2008 to 2022 and compared it to the fluctuation in MSCI Inc.'s stock price.
As we plunged into the numbers, we discovered a staggering correlation coefficient of 0.9579961, showing a striking harmony between the two seemingly unrelated entities, much like a perfect duet between vinyl and the stock market. With p < 0.01, our findings hit all the right notes, leading us to believe that there might be more to this connection than meets the eye, just like how a well-played vinyl reveals hidden tones. Our results not only uncover this surprising link but also shed light on the potential for unique indicators in the stock market, proving that sometimes, even in finance, the music really can move the markets. So, whether you're a music aficionado or a stock market fan, remember that the LP/vinyl sales and MSCI Inc.'s stock price might just be dancing to the same beat.

-------

And here is the methodology section that led to this result:
[[METHODOLOGY]]
Starbucks may claim they have the best blend, but when it comes to the perfect pairing of LP sales and MSCI Inc.'s stock price, we were on a quest for the true double shot of correlation. As the world witnessed a remarkable resurgence in the demand for vinyl records over the past decade, it begged the question: is there more than just a groovy beat behind the rise of LP sales, could there be a financial melody playing too? While we can't promise to solve all the vinyl riddles, we do promise to drop some puns as we explore this unconventional relationship.
The correlation between LP sales and stock prices may seem as unlikely as finding a needle in a haystack - or should we say, a needle on a turntable. However, as researchers, we were not content to just scratch the surface of this connection; we aimed to spin the wheel of statistics and see if the numbers would groove together in harmony. It turns out, the data revealed a correlation coefficient so strong that it could put even Simon Cowell to shame – that's right, we're talking a correlation coefficient of 0.9579961! We were truly astounded to see LP sales and MSCI Inc.'s stock price marching to the same drumbeat with such precision.
As we dove deeper into the data, we couldn't help but ponder – could it be that LP sales are the unsung heroes of stock market predictions? We were thrilled to find statistical significance with p < 0.01, showing that this relationship wasn't just a one-hit-wonder. Our findings uncovered a hidden gem in the vast ocean of stock market indicators, proving that LP sales could very well be the background music to MSCI Inc.'s stock price movements.
While typical financial analysts may have scoffed at the idea of LP sales and stock prices sharing a groovy connection, our study reveals that even in the world of numbers and graphs, there's room for a little jazz – or in this case, some classic rock. So, to all the music enthusiasts and stock market aficionados out there, let's remember – when it comes to LP sales and stock prices, there's more than just the sound of silence; there's a symphony waiting to be heard.

-------

Your response should start like this:

[[RESULTS]]



ChatGPT:

[[RESULTS]]

The results of our analysis unveiled a remarkable correlation between LP/vinyl album sales and MSCI Inc.'s stock price. With a correlation coefficient of 0.9579961, we've shown that these two seemingly disparate entities are more in tune than a perfectly harmonized duet. This correlation coefficient suggests a strong and consistent relationship, demonstrating that this marriage of music and finance hits all the right notes, much like a dad's embarrassing attempts at karaoke.

Furthermore, the r-squared value of 0.9177566 indicates that approximately 91.8% of the variability in MSCI Inc.'s stock price can be explained by the sales of LP/vinyl albums, confirming that this connection is not just a one-hit wonder but a genuinely enduring hit, just like those classic records that stand the test of time.

With a p-value of less than 0.01, our results have passed the test of statistical significance, providing solid evidence to support the presence of a significant relationship between LP/vinyl album sales and MSCI Inc.'s stock price. This finding suggests that the connection we've identified is not merely a fluke but is as substantial as a heavyweight vinyl record collection.

Our findings are visually represented in Fig. 1, which displays a scatterplot showcasing the strong correlation between LP/vinyl album sales and MSCI Inc.'s stock price. This figure visually encapsulates the remarkable harmony between these two variables, and serves as a friendly reminder that sometimes, the most unexpected connections can strike a chord just like a well-timed pun at a science convention.


Model: gpt-3.5-turbo-1106
System prompt: You are a researcher writing an academic paper.You draft the discussion section of an academic research paper.
User prompt:
Pretend you are an academic researcher. Your writing sounds like it belongs in a medical or economics journal. However, you frequently crack jokes, make puns, or add unexpected twists in your writing.

Please make up the discussion section of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and MSCI Inc.'s stock price (MSCI). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences. Sneak in some jokes and clever puns about science, research, statistics, and the variables.

Limit your response to 500 tokens.

Here are the title, abstract, literature review, and results sections. Please harken back to 1-2 of the goofy items in the literature review, but pretend to take them completely seriously. Discuss how your results supported the prior research.

Do not write a conclusion. I will add a conclusion after this.

[[TITLE]]
Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price

[[ABSTRACT]]
In this study, we delve into the curious connection between the sales of LP/vinyl albums and the stock price of the renowned MSCI Inc. While some may think comparing music to the stock market is like apples and oranges, we decided to tune into this correlation to see if there's a rhythm to the relationship. Armed with data from Statista and LSEG Analytics (Refinitiv), we analyzed the sales of LP/vinyl albums from 2008 to 2022 and compared it to the fluctuation in MSCI Inc.'s stock price.
As we plunged into the numbers, we discovered a staggering correlation coefficient of 0.9579961, showing a striking harmony between the two seemingly unrelated entities, much like a perfect duet between vinyl and the stock market. With p < 0.01, our findings hit all the right notes, leading us to believe that there might be more to this connection than meets the eye, just like how a well-played vinyl reveals hidden tones. Our results not only uncover this surprising link but also shed light on the potential for unique indicators in the stock market, proving that sometimes, even in finance, the music really can move the markets. So, whether you're a music aficionado or a stock market fan, remember that the LP/vinyl sales and MSCI Inc.'s stock price might just be dancing to the same beat.

[[LITERATURE REVIEW]]
When examining the interconnectedness of LP sales and stock prices, one cannot help but reference the seminal work of Smith. In "The Harmonious Interplay of Market Forces," the author expounds upon the unexpected correlations found within financial markets, much like the unanticipated replay value of a favorite vinyl record. Finding such parallels between the vicissitudes of the stock market and the enduring appeal of vinyl underscores the lyrical nature of economic phenomena, wouldn’t you say?
The work of Doe, in "Echoes of Economic Trends," focuses on the intertwining pathways of consumer behavior and market dynamics, akin to the intricate web of sounds captured on a vinyl album. The author's exploration of the resonance between consumer choices and market fluctuations offers a striking reminder of how even the most discordant economic trends can be harmonized, just like a carefully curated playlist.
However, as we wade deeper into the intersection of music and finance, it becomes apparent that the literature on this peculiar correlation may not be as robust as a heavyweight vinyl record. So, let’s bring in some unconventional inspiration to shed light on this uncharted territory.
Take for instance, "The Vinyl Detective" series by Andrew Cartmel, which follows the adventures of a record shop owner with a knack for uncovering rare vinyl gems. Now, we’re not saying that the correlation between LP sales and stock prices could be solved by a fictional vinyl sleuth, though it would certainly add a touch of intrigue to our analysis.
Moving on to more lighthearted influences, it would be remiss not to mention the animated series "Phineas and Ferb," where the characters often embark on zany inventions and musical escapades. While the show may not directly address the correlation between LP sales and stock prices, it serves as a whimsical reminder that unexpected connections can be found where one least expects, not unlike stumbling upon a rare vinyl find in an unlikely place.
And let’s not overlook the timeless lessons from "Sesame Street," where diverse themes are expertly woven into entertaining narratives. Though the program may not tackle the intricacies of economic models, it highlights the importance of synthesis and interconnectedness, much like the intricate relationship we've uncovered between LP sales and stock prices.
So, as we draw upon a symphony of literature, both scholarly and playful, it becomes evident that the connection between LP sales and stock prices may indeed warrant a closer, albeit whimsical, examination. After all, in this paper, we aim to bridge the gap between the financial and the fantastical, all while dropping puns that are truly record-breaking.

[[RESULTS]]
The results of our analysis unveiled a remarkable correlation between LP/vinyl album sales and MSCI Inc.'s stock price. With a correlation coefficient of 0.9579961, we've shown that these two seemingly disparate entities are more in tune than a perfectly harmonized duet. This correlation coefficient suggests a strong and consistent relationship, demonstrating that this marriage of music and finance hits all the right notes, much like a dad's embarrassing attempts at karaoke.
Furthermore, the r-squared value of 0.9177566 indicates that approximately 91.8% of the variability in MSCI Inc.'s stock price can be explained by the sales of LP/vinyl albums, confirming that this connection is not just a one-hit wonder but a genuinely enduring hit, just like those classic records that stand the test of time.
With a p-value of less than 0.01, our results have passed the test of statistical significance, providing solid evidence to support the presence of a significant relationship between LP/vinyl album sales and MSCI Inc.'s stock price. This finding suggests that the connection we've identified is not merely a fluke but is as substantial as a heavyweight vinyl record collection.
Our findings are visually represented in Fig. 1, which displays a scatterplot showcasing the strong correlation between LP/vinyl album sales and MSCI Inc.'s stock price. This figure visually encapsulates the remarkable harmony between these two variables, and serves as a friendly reminder that sometimes, the most unexpected connections can strike a chord just like a well-timed pun at a science convention.

-------

Your response should start like this:

[[DISCUSSION]]



ChatGPT:

[[DISCUSSION]]

Our investigation into the correlation between LP/vinyl album sales and MSCI Inc.'s stock price has struck a melodious chord, resonating with previous research and adding an unexpected twist to the financial symphony. Smith's notion of unexpected correlations in financial markets certainly finds an echo in our findings, where the harmony between these seemingly incongruent variables is as surprising as a hidden track on a vinyl album.

Doe's work on the intertwining pathways of consumer behavior and market dynamics also finds affirmation in our results, as we witness the striking correlation between the consumer-driven sales of LP/vinyl albums and the fluctuation in MSCI Inc.'s stock price. It's as if consumer behavior and market dynamics are performing a duet, much like a catchy tune stuck in our heads.

Our analysis not only supports these foundational works but also introduces a new dimension to the literature, adding a touch of whimsy and unpredictability to the intersection of music and finance. It also underscores the importance of exploring unconventional influences, akin to the unexpected discoveries made by the intrepid "Vinyl Detective" in Andrew Cartmel's series. Sometimes, the most offbeat inspirations can lead us to uncover hidden treasures, much like a rare vinyl gem waiting to be discovered among a pile of old records.

The statistical significance of our results echoes the enduring nature of this correlation, reinforcing the idea that the connection between LP/vinyl sales and stock prices is not just a passing fad, but rather a resilient and enduring phenomenon, akin to a classic vinyl record that never goes out of style. Our findings provide a compelling case for the integration of unique indicators in the stock market, demonstrating that even in the world of finance, the melody of consumer preferences can profoundly influence market movements, much like how a catchy tune gets stuck in your head.

In conclusion, our journey has led us to uncover a fascinating relationship between two seemingly disparate domains. Just as a captivating melody can bridge different emotions and experiences, our research has bridged the worlds of music and finance, reminding us that even in the most serious pursuits, there's always room for a well-timed pun.


Model: gpt-3.5-turbo-1106
System prompt: You are a researcher writing an academic paper.You draft the discussion section of goofy academic research papers that sounds like it belongs based on the title and abstract provided.
User prompt:
Pretend you are an academic researcher. Your writing sounds like it belongs in a medical or economics journal. However, you frequently crack jokes, make puns, or add unexpected twists in your writing.

Please make up a short conclusion of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and MSCI Inc.'s stock price (MSCI). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences. Sneak in some jokes and clever puns about science, research, statistics, and the variables.

Limit your response to 300 tokens. At the very end, assert that no more research is needed in this area.

Here are the title, abstract, introduction, and results sections.
[[TITLE]]
Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price

[[ABSTRACT]]
In this study, we delve into the curious connection between the sales of LP/vinyl albums and the stock price of the renowned MSCI Inc. While some may think comparing music to the stock market is like apples and oranges, we decided to tune into this correlation to see if there's a rhythm to the relationship. Armed with data from Statista and LSEG Analytics (Refinitiv), we analyzed the sales of LP/vinyl albums from 2008 to 2022 and compared it to the fluctuation in MSCI Inc.'s stock price.
As we plunged into the numbers, we discovered a staggering correlation coefficient of 0.9579961, showing a striking harmony between the two seemingly unrelated entities, much like a perfect duet between vinyl and the stock market. With p < 0.01, our findings hit all the right notes, leading us to believe that there might be more to this connection than meets the eye, just like how a well-played vinyl reveals hidden tones. Our results not only uncover this surprising link but also shed light on the potential for unique indicators in the stock market, proving that sometimes, even in finance, the music really can move the markets. So, whether you're a music aficionado or a stock market fan, remember that the LP/vinyl sales and MSCI Inc.'s stock price might just be dancing to the same beat.

[[INTRDUCTION]]
Starbucks may claim they have the best blend, but when it comes to the perfect pairing of LP sales and MSCI Inc.'s stock price, we were on a quest for the true double shot of correlation. As the world witnessed a remarkable resurgence in the demand for vinyl records over the past decade, it begged the question: is there more than just a groovy beat behind the rise of LP sales, could there be a financial melody playing too? While we can't promise to solve all the vinyl riddles, we do promise to drop some puns as we explore this unconventional relationship.
The correlation between LP sales and stock prices may seem as unlikely as finding a needle in a haystack - or should we say, a needle on a turntable. However, as researchers, we were not content to just scratch the surface of this connection; we aimed to spin the wheel of statistics and see if the numbers would groove together in harmony. It turns out, the data revealed a correlation coefficient so strong that it could put even Simon Cowell to shame – that's right, we're talking a correlation coefficient of 0.9579961! We were truly astounded to see LP sales and MSCI Inc.'s stock price marching to the same drumbeat with such precision.
As we dove deeper into the data, we couldn't help but ponder – could it be that LP sales are the unsung heroes of stock market predictions? We were thrilled to find statistical significance with p < 0.01, showing that this relationship wasn't just a one-hit-wonder. Our findings uncovered a hidden gem in the vast ocean of stock market indicators, proving that LP sales could very well be the background music to MSCI Inc.'s stock price movements.
While typical financial analysts may have scoffed at the idea of LP sales and stock prices sharing a groovy connection, our study reveals that even in the world of numbers and graphs, there's room for a little jazz – or in this case, some classic rock. So, to all the music enthusiasts and stock market aficionados out there, let's remember – when it comes to LP sales and stock prices, there's more than just the sound of silence; there's a symphony waiting to be heard.

[[RESULTS]]
The results of our analysis unveiled a remarkable correlation between LP/vinyl album sales and MSCI Inc.'s stock price. With a correlation coefficient of 0.9579961, we've shown that these two seemingly disparate entities are more in tune than a perfectly harmonized duet. This correlation coefficient suggests a strong and consistent relationship, demonstrating that this marriage of music and finance hits all the right notes, much like a dad's embarrassing attempts at karaoke.
Furthermore, the r-squared value of 0.9177566 indicates that approximately 91.8% of the variability in MSCI Inc.'s stock price can be explained by the sales of LP/vinyl albums, confirming that this connection is not just a one-hit wonder but a genuinely enduring hit, just like those classic records that stand the test of time.
With a p-value of less than 0.01, our results have passed the test of statistical significance, providing solid evidence to support the presence of a significant relationship between LP/vinyl album sales and MSCI Inc.'s stock price. This finding suggests that the connection we've identified is not merely a fluke but is as substantial as a heavyweight vinyl record collection.
Our findings are visually represented in Fig. 1, which displays a scatterplot showcasing the strong correlation between LP/vinyl album sales and MSCI Inc.'s stock price. This figure visually encapsulates the remarkable harmony between these two variables, and serves as a friendly reminder that sometimes, the most unexpected connections can strike a chord just like a well-timed pun at a science convention.

-------

Your response should start like this:

[[CONCLUSION]]



ChatGPT:

[[CONCLUSION]]
In conclusion, our research has rocked on and rolled out some truly eye-opening findings about the correlation between LP sales and MSCI Inc.'s stock price. Our results illustrated a correlation coefficient so strong, it could almost be mistaken for a platinum record - 0.9579961, to be exact. This relationship is as solid as a rock, maintaining a rhythm that could make even the most stoic statistician tap their foot along. It's like the stock market and vinyl sales are performing a synchronized dance – a tango of financial and musical data.

The r-squared value of 0.9177566 further cemented the robust nature of this connection, indicating that approximately 91.8% of the variability in MSCI Inc.'s stock price can be explained by the sales of LP/vinyl albums. Talk about hitting a high note in research – this finding is in perfect pitch, much like a physicist's dad joke about gravity at a party.

With a p-value of less than 0.01, our results have shown the statistical significance of this correlation, proving that there’s more to LP sales than just groovy tunes and vintage vibes. This is no one-hit wonder; this is a sustainable, enduring relationship that could rival the hits of the Beatles, just a punny beats older. So, next time you're considering diversifying your stock portfolio, don't turn a deaf ear to the potential impact of vinyl sales on MSCI Inc.'s stock price.

We firmly believe that our findings pave the way for a new era in financial analysis, where LP sales could be playing a leading role in predicting stock market movements. However, as much as we love the adventure of statistical exploration, it seems we've hit a crescendo with this research. We believe no more research is needed on this topic – it's time to dust off those old vinyl records and let the market groove to their rhythm.


Model: gpt-3.5-turbo-1106
System prompt: You provide fictional names of academic journals. You say nothing else, and you do not chat with the user.
User prompt: Please provide the name of a funny but plausible sounding research, scientific, or academic journal that would publish a paper entited Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price. Respond only with the name of a fictional academic journal.

ChatGPT:

Journal of Analog Audio Economics


Model: gpt-3.5-turbo-1106
System prompt: You provide fictional names of nonprofit research organizations and associations. You say nothing else, and you do not chat with the user.
User prompt: Please provide the name of a funny but plausible sounding nonprofit, academic, or scientific association or organization that would sponsor research that resulted in a paper entited Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price. Respond only with the name of a fictional organization.

ChatGPT:

The Society for Analog Music Preservation and Economic Analysis


Model: gpt-3.5-turbo-1106
System prompt: You provide potential search keywords separated by commas. You say nothing else, and you do not chat with the user.
User prompt: Please provide potential search keywords for a paper titled Vinyl Revival Survival: An Analysis of the Correlation Between LP Sales and MSCI Inc.'s Stock Price with an abstract of In this study, we delve into the curious connection between the sales of LP/vinyl albums and the stock price of the renowned MSCI Inc. While some may think comparing music to the stock market is like apples and oranges, we decided to tune into this correlation to see if there's a rhythm to the relationship. Armed with data from Statista and LSEG Analytics (Refinitiv), we analyzed the sales of LP/vinyl albums from 2008 to 2022 and compared it to the fluctuation in MSCI Inc.'s stock price.
As we plunged into the numbers, we discovered a staggering correlation coefficient of 0.9579961, showing a striking harmony between the two seemingly unrelated entities, much like a perfect duet between vinyl and the stock market. With p < 0.01, our findings hit all the right notes, leading us to believe that there might be more to this connection than meets the eye, just like how a well-played vinyl reveals hidden tones. Our results not only uncover this surprising link but also shed light on the potential for unique indicators in the stock market, proving that sometimes, even in finance, the music really can move the markets. So, whether you're a music aficionado or a stock market fan, remember that the LP/vinyl sales and MSCI Inc.'s stock price might just be dancing to the same beat.

ChatGPT:

Vinyl sales, LP sales, vinyl albums, MSCI Inc., stock price correlation, correlation analysis, vinyl market, stock market correlation, LP sales trend, MSCI Inc. stock performance, stock market indicators, unique stock market indicators

*There is a bunch of Python happening behind the scenes to turn this prompt sequence into a PDF.



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Data details

Sales of LP/Vinyl Albums
Source: Statista
See what else correlates with Sales of LP/Vinyl Albums

MSCI Inc.'s stock price (MSCI)
Detailed data title: Opening price of MSCI Inc. (MSCI) on the first trading day of the year
Source: LSEG Analytics (Refinitiv)
Additional Info: Via Microsoft Excel Stockhistory function

See what else correlates with MSCI Inc.'s stock price (MSCI)

Correlation r = 0.9579961 (Pearson correlation coefficient)
Correlation is a measure of how much the variables move together. If it is 0.99, when one goes up the other goes up. If it is 0.02, the connection is very weak or non-existent. If it is -0.99, then when one goes up the other goes down. If it is 1.00, you probably messed up your correlation function.

r2 = 0.9177566 (Coefficient of determination)
This means 91.8% of the change in the one variable (i.e., MSCI Inc.'s stock price (MSCI)) is predictable based on the change in the other (i.e., Sales of LP/Vinyl Albums) over the 15 years from 2008 through 2022.

p < 0.01, which is statistically significant(Null hypothesis significance test)
The p-value is 2.0E-8. 0.0000000199919638117978680000
The p-value is a measure of how probable it is that we would randomly find a result this extreme. More specifically the p-value is a measure of how probable it is that we would randomly find a result this extreme if we had only tested one pair of variables one time.

But I am a p-villain. I absolutely did not test only one pair of variables one time. I correlated hundreds of millions of pairs of variables. I threw boatloads of data into an industrial-sized blender to find this correlation.

Who is going to stop me? p-value reporting doesn't require me to report how many calculations I had to go through in order to find a low p-value!
On average, you will find a correaltion as strong as 0.96 in 2.0E-6% of random cases. Said differently, if you correlated 50,020,099 random variables You don't actually need 50 million variables to find a correlation like this one. I don't have that many variables in my database. You can also correlate variables that are not independent. I do this a lot.

p-value calculations are useful for understanding the probability of a result happening by chance. They are most useful when used to highlight the risk of a fluke outcome. For example, if you calculate a p-value of 0.30, the risk that the result is a fluke is high. It is good to know that! But there are lots of ways to get a p-value of less than 0.01, as evidenced by this project.

In this particular case, the values are so extreme as to be meaningless. That's why no one reports p-values with specificity after they drop below 0.01.

Just to be clear: I'm being completely transparent about the calculations. There is no math trickery. This is just how statistics shakes out when you calculate hundreds of millions of random correlations.
with the same 14 degrees of freedom, Degrees of freedom is a measure of how many free components we are testing. In this case it is 14 because we have two variables measured over a period of 15 years. It's just the number of years minus ( the number of variables minus one ), which in this case simplifies to the number of years minus one.
you would randomly expect to find a correlation as strong as this one.

[ 0.88, 0.99 ] 95% correlation confidence interval (using the Fisher z-transformation)
The confidence interval is an estimate the range of the value of the correlation coefficient, using the correlation itself as an input. The values are meant to be the low and high end of the correlation coefficient with 95% confidence.

This one is a bit more complciated than the other calculations, but I include it because many people have been pushing for confidence intervals instead of p-value calculations (for example: NEJM. However, if you are dredging data, you can reliably find yourself in the 5%. That's my goal!


All values for the years included above: If I were being very sneaky, I could trim years from the beginning or end of the datasets to increase the correlation on some pairs of variables. I don't do that because there are already plenty of correlations in my database without monkeying with the years.

Still, sometimes one of the variables has more years of data available than the other. This page only shows the overlapping years. To see all the years, click on "See what else correlates with..." link above.
200820092010201120122013201420152016201720182019202020212022
Sales of LP/Vinyl Albums (Units)19000002500000280000039000004600000610000092000001190000013100000143200001680000018840000215000004170000043460000
MSCI Inc.'s stock price (MSCI) (Stock price)37.8217.9231.9639.3833.8931.6643.6347.6971.179.78127.51144.69260.09450.76614.33




Why this works

  1. Data dredging: I have 25,153 variables in my database. I compare all these variables against each other to find ones that randomly match up. That's 632,673,409 correlation calculations! This is called “data dredging.” Instead of starting with a hypothesis and testing it, I instead abused the data to see what correlations shake out. It’s a dangerous way to go about analysis, because any sufficiently large dataset will yield strong correlations completely at random.
  2. Lack of causal connection: There is probably Because these pages are automatically generated, it's possible that the two variables you are viewing are in fact causually related. I take steps to prevent the obvious ones from showing on the site (I don't let data about the weather in one city correlate with the weather in a neighboring city, for example), but sometimes they still pop up. If they are related, cool! You found a loophole.
    no direct connection between these variables, despite what the AI says above. This is exacerbated by the fact that I used "Years" as the base variable. Lots of things happen in a year that are not related to each other! Most studies would use something like "one person" in stead of "one year" to be the "thing" studied.
  3. Observations not independent: For many variables, sequential years are not independent of each other. If a population of people is continuously doing something every day, there is no reason to think they would suddenly change how they are doing that thing on January 1. A simple Personally I don't find any p-value calculation to be 'simple,' but you know what I mean.
    p-value calculation does not take this into account, so mathematically it appears less probable than it really is.




Try it yourself

You can calculate the values on this page on your own! Try running the Python code to see the calculation results. Step 1: Download and install Python on your computer.

Step 2: Open a plaintext editor like Notepad and paste the code below into it.

Step 3: Save the file as "calculate_correlation.py" in a place you will remember, like your desktop. Copy the file location to your clipboard. On Windows, you can right-click the file and click "Properties," and then copy what comes after "Location:" As an example, on my computer the location is "C:\Users\tyler\Desktop"

Step 4: Open a command line window. For example, by pressing start and typing "cmd" and them pressing enter.

Step 5: Install the required modules by typing "pip install numpy", then pressing enter, then typing "pip install scipy", then pressing enter.

Step 6: Navigate to the location where you saved the Python file by using the "cd" command. For example, I would type "cd C:\Users\tyler\Desktop" and push enter.

Step 7: Run the Python script by typing "python calculate_correlation.py"

If you run into any issues, I suggest asking ChatGPT to walk you through installing Python and running the code below on your system. Try this question:

"Walk me through installing Python on my computer to run a script that uses scipy and numpy. Go step-by-step and ask me to confirm before moving on. Start by asking me questions about my operating system so that you know how to proceed. Assume I want the simplest installation with the latest version of Python and that I do not currently have any of the necessary elements installed. Remember to only give me one step per response and confirm I have done it before proceeding."


# These modules make it easier to perform the calculation
import numpy as np
from scipy import stats

# We'll define a function that we can call to return the correlation calculations
def calculate_correlation(array1, array2):

    # Calculate Pearson correlation coefficient and p-value
    correlation, p_value = stats.pearsonr(array1, array2)

    # Calculate R-squared as the square of the correlation coefficient
    r_squared = correlation**2

    return correlation, r_squared, p_value

# These are the arrays for the variables shown on this page, but you can modify them to be any two sets of numbers
array_1 = np.array([1900000,2500000,2800000,3900000,4600000,6100000,9200000,11900000,13100000,14320000,16800000,18840000,21500000,41700000,43460000,])
array_2 = np.array([37.82,17.92,31.96,39.38,33.89,31.66,43.63,47.69,71.1,79.78,127.51,144.69,260.09,450.76,614.33,])
array_1_name = "Sales of LP/Vinyl Albums"
array_2_name = "MSCI Inc.'s stock price (MSCI)"

# Perform the calculation
print(f"Calculating the correlation between {array_1_name} and {array_2_name}...")
correlation, r_squared, p_value = calculate_correlation(array_1, array_2)

# Print the results
print("Correlation Coefficient:", correlation)
print("R-squared:", r_squared)
print("P-value:", p_value)



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For the record, I am just one person. Tyler Vigen, he/him/his. I do have degrees, but they should not go after my name unless you want to annoy my wife. If that is your goal, then go ahead and cite me as "Tyler Vigen, A.A. A.A.S. B.A. J.D." Otherwise it is just "Tyler Vigen."

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Correlation ID: 3277 · Black Variable ID: 25 · Red Variable ID: 1767
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