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Spurious correlation #2,009 · View random

A linear line chart with years as the X-axis and two variables on the Y-axis. The first variable is Annual US household spending on eggs and the second variable is Emerson Electric Co.'s stock price (EMR).  The chart goes from 2002 to 2022, and the two variables track closely in value over that time. Small Image
Download png
, svg

AI explanation

As household spending on eggs went up, so did the demand for egg-related products, like egg poachers and omelet pans. This surge in demand made Emerson Electric Co.'s stock crackle and pop on the market, leading to an over-easy rise in their stock price. It seems like the secret to their success was simply eggs-quisite!

Model: dalle-3
Prompt: [ Inspired by bauhaus ] Create a composition that juxtaposes the organic form of a carton of eggs in natural light with the geometric lines of a stock market ticker displaying Emerson Electric Co.'s rising stock price on a phone screen. The receipt nearby highlights the annual household spending on eggs increasing. The colors and shapes should harmoniously blend the organic and industrial elements, emphasizing both the domestic and economic significance of the scene. 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: Annual US household spending on eggs and Emerson Electric Co.'s stock price. 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: Whimsical illustration Scalar art inspired by bauhaus Pop art Pop art
ChatGPT: Inspired by bauhaus

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 Annual US household spending on eggs and Emerson Electric Co.'s stock price together. Keep the description simple.
ChatGPT: In a sunny kitchen, a carton of eggs sits on a countertop next to a stock market ticker on a phone screen. The ticker shows Emerson Electric Co.'s stock price rising, while a receipt nearby highlights annual household spending on eggs increasing.

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: [ Inspired by bauhaus ] and depicting this scene: In a sunny kitchen, a carton of eggs sits on a countertop next to a stock market ticker on a phone screen. The ticker shows Emerson Electric Co.'s stock price rising, while a receipt nearby highlights annual household spending on eggs increasing. Keep the visual depiction simple. Do not include any words or speech bubbles.
ChatGPT: [ Inspired by bauhaus ] Create a composition that juxtaposes the organic form of a carton of eggs in natural light with the geometric lines of a stock market ticker displaying Emerson Electric Co.'s rising stock price on a phone screen. The receipt nearby highlights the annual household spending on eggs increasing. The colors and shapes should harmoniously blend the organic and industrial elements, emphasizing both the domestic and economic significance of the scene.

*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 Annual US household spending on eggs caused Emerson Electric Co.'s stock price (EMR) to increase. Include one good pun.

AI academic paper

(Because p < 0.01)
Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price

Journal of Poultry Economics and Finance

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 silly 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 Annual US household spending on eggs and Emerson Electric Co.'s stock price (EMR). Make lots of jokes, goofy observations, and puns.

Make the title an alliteration.

Your research team used data from Bureau of Labor Statistics and LSEG Analytics (Refinitiv) to assess this nagging question. You found a correlation coefficient of 0.9420505 and p < 0.01 for 2002 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]]
Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price

[[ABSTRACT]]
This study cracks open a whimsical investigation into the correlation between annual US household spending on eggs and Emerson Electric Co.'s (EMR) stock price. Utilizing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv) from 2002 to 2022, we reveal a surprising correlation coefficient of 0.9420505 and a statistically significant p-value of less than 0.01. Our findings suggest that there may be more than just a yolk in the connection between egg expenditures and EMR stock performance. Join us as we scramble to uncover the poachable relationship between breakfast habits and market dynamics!


Model: gpt-3.5-turbo-1106
System prompt: You are a silly 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 Annual US household spending on eggs and Emerson Electric Co.'s stock price (EMR). Make lots of jokes, goofy observations, and puns. Stay serious and dry most of the time, but then occasionally let your wit shine through.

Here is the title and abstract of the paper:
[[TITLE]]
Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price

[[ABSTRACT]]
This study cracks open a whimsical investigation into the correlation between annual US household spending on eggs and Emerson Electric Co.'s (EMR) stock price. Utilizing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv) from 2002 to 2022, we reveal a surprising correlation coefficient of 0.9420505 and a statistically significant p-value of less than 0.01. Our findings suggest that there may be more than just a yolk in the connection between egg expenditures and EMR stock performance. Join us as we scramble to uncover the poachable relationship between breakfast habits and market dynamics!

-------

Your response should start like this:

[[INTRODUCTION]]



ChatGPT:
[[INTRODUCTION]]

Eggs have long been hailed as the quintessential breakfast item, serving up a delectably nutritious start to the day for millions of households across the United States. The versatility of eggs, whether scrambled, fried, or poached, makes them an eggs-quisite choice for many. Meanwhile, Emerson Electric Co. (EMR) has been a beacon of innovation in the world of electrical equipment, lighting, and engineering services. One might think that these two seemingly unrelated entities are as different as night and day, but hold on to your sunny-side-ups because this study aims to show that there's a deeper, over-easy connection between them.

As we delve into the quirks and quiche of our investigation, we aim to add a sizzle of excitement to the world of financial research by exploring the association between annual US household spending on eggs and the stock price of EMR. Yes, you heard it right - eggs and electric gizmos are about to be whisked together in this curious concoction of correlation analysis.

In this paper, we aspire to infuse the typically solemn and sober landscape of financial analysis with a dash of humor and perhaps a sprinkle of nutmeg. After all, who can resist a good pun when it comes to pondering the sunny-side of investment trends and the shell-shocking influence of grocery habits on stock indices? So, grab your morning coffee and get ready to crack some statistics as we embark on this eggs-citing journey into the heart of this curious correlation.


Model: gpt-3.5-turbo-1106
System prompt: You are a silly 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 Annual US household spending on eggs and Emerson Electric Co.'s stock price (EMR). Make lots of jokes, goofy observations, and puns.

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 devolve ever further, and mention something completely ridiculous, like you conducted literature review by reading the backs of shampoo bottles.

Here is the title and abstract of the paper:
[[TITLE]]
Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price

[[ABSTRACT]]
This study cracks open a whimsical investigation into the correlation between annual US household spending on eggs and Emerson Electric Co.'s (EMR) stock price. Utilizing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv) from 2002 to 2022, we reveal a surprising correlation coefficient of 0.9420505 and a statistically significant p-value of less than 0.01. Our findings suggest that there may be more than just a yolk in the connection between egg expenditures and EMR stock performance. Join us as we scramble to uncover the poachable relationship between breakfast habits and market dynamics!

-------

And here is the introduction section that led to this literature review:
[[INTRODUCTION]]
Eggs have long been hailed as the quintessential breakfast item, serving up a delectably nutritious start to the day for millions of households across the United States. The versatility of eggs, whether scrambled, fried, or poached, makes them an eggs-quisite choice for many. Meanwhile, Emerson Electric Co. (EMR) has been a beacon of innovation in the world of electrical equipment, lighting, and engineering services. One might think that these two seemingly unrelated entities are as different as night and day, but hold on to your sunny-side-ups because this study aims to show that there's a deeper, over-easy connection between them.
As we delve into the quirks and quiche of our investigation, we aim to add a sizzle of excitement to the world of financial research by exploring the association between annual US household spending on eggs and the stock price of EMR. Yes, you heard it right - eggs and electric gizmos are about to be whisked together in this curious concoction of correlation analysis.
In this paper, we aspire to infuse the typically solemn and sober landscape of financial analysis with a dash of humor and perhaps a sprinkle of nutmeg. After all, who can resist a good pun when it comes to pondering the sunny-side of investment trends and the shell-shocking influence of grocery habits on stock indices? So, grab your morning coffee and get ready to crack some statistics as we embark on this eggs-citing journey into the heart of this curious correlation.

-------

Your response should start like this:

[[LITERATURE REVIEW]]



ChatGPT:
[[LITERATURE REVIEW]]

In "Smith et al. 2020," the authors find a significant positive correlation between egg consumption and household expenditures, shedding light on the pivotal role that eggs play in the daily lives of Americans. This study provides a solid foundation for understanding the consumer behavior surrounding egg purchases and their implications for household budgets.

Doe and Jones (2021) delve deeper into the financial markets and uncover intriguing patterns in the stock prices of companies in the consumer goods sector. Their findings hint at the potential influence of consumer purchasing habits on stock performance, opening up the door to a realm of egg-centric financial analysis that's enough to make one crack a smile.

Moving beyond the realm of finance, "The Economics of Breakfast" by Professor Brunch (2015) explores the economic impact of breakfast foods on consumer spending habits. While not directly related to stock prices, this book uncovers the broader societal implications of breakfast choices and their effect on the economy.

On the fictional side, "The Egg-straordinary Adventures of Wall Street" by John Yolk (2008) weaves a tale of intrigue and market manipulation set against the backdrop of the New York Stock Exchange. While a work of fiction, the novel playfully explores the idea of eggs intertwining with the world of high finance, providing a whimsical take on the intersection of breakfast and stock markets.

Venturing further into unconventional sources, the back of shampoo bottles everywhere cryptically hint at the mysteries of the universe, including the enigmatic relationship between egg consumption and stock prices. Who knew that analyzing the ingredients list of hair care products could hold the key to unlocking the omelet of financial wisdom?


Model: gpt-3.5-turbo-1106
System prompt: You are a silly 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 Annual US household spending on eggs and Emerson Electric Co.'s stock price (EMR). Make lots of jokes, goofy observations, and puns. Stay serious and dry most of the time, but then occasionally let your wit shine through.

Your research team collected data from all across the internet, but mostly just used information from Bureau of Labor Statistics and LSEG Analytics (Refinitiv) . You used data from 2002 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]]
Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price

[[ABSTRACT]]
This study cracks open a whimsical investigation into the correlation between annual US household spending on eggs and Emerson Electric Co.'s (EMR) stock price. Utilizing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv) from 2002 to 2022, we reveal a surprising correlation coefficient of 0.9420505 and a statistically significant p-value of less than 0.01. Our findings suggest that there may be more than just a yolk in the connection between egg expenditures and EMR stock performance. Join us as we scramble to uncover the poachable relationship between breakfast habits and market dynamics!

[[INTRODUCTION]]
Eggs have long been hailed as the quintessential breakfast item, serving up a delectably nutritious start to the day for millions of households across the United States. The versatility of eggs, whether scrambled, fried, or poached, makes them an eggs-quisite choice for many. Meanwhile, Emerson Electric Co. (EMR) has been a beacon of innovation in the world of electrical equipment, lighting, and engineering services. One might think that these two seemingly unrelated entities are as different as night and day, but hold on to your sunny-side-ups because this study aims to show that there's a deeper, over-easy connection between them.
As we delve into the quirks and quiche of our investigation, we aim to add a sizzle of excitement to the world of financial research by exploring the association between annual US household spending on eggs and the stock price of EMR. Yes, you heard it right - eggs and electric gizmos are about to be whisked together in this curious concoction of correlation analysis.
In this paper, we aspire to infuse the typically solemn and sober landscape of financial analysis with a dash of humor and perhaps a sprinkle of nutmeg. After all, who can resist a good pun when it comes to pondering the sunny-side of investment trends and the shell-shocking influence of grocery habits on stock indices? So, grab your morning coffee and get ready to crack some statistics as we embark on this eggs-citing journey into the heart of this curious correlation.

-------

Your response should start like this:

[[METHODOLOGY]]



ChatGPT:

[[METHODOLOGY]]

In our egg-cellent endeavor to uncover the mysterious connection between annual US household spending on eggs and Emerson Electric Co.'s (EMR) stock price, we employed a mix of traditional statistical methods, digital analytics, and a healthy dose of good old-fashioned egg-sperimentation.

First, we meticulously gathered data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), taking care to ensure that we didn't put all our eggs in one basket. Our crack team of researchers combed through a poachable amount of information, examining consumer spending reports and stock prices from the years 2002 to 2022. We didn't chicken out when it came to obtaining a comprehensive dataset; instead, we embraced the task with the kind of enthusiasm usually reserved for a perfectly flipped omelet.

Next, we carefully scrambled the data, using sophisticated statistical software to calculate the correlation coefficient and perform a series of egg-stremely sophisticated regression analyses. We didn't rely on any half-baked methods; instead, we whipped up a robust methodology that was as thorough as separating yolks from whites - a process that some might say is akin to separating the signal from the noise in financial data.

To ensure our findings weren't just a fluke, we conducted sensitivity analyses and robustness checks, confirming that the association we uncovered wasn't just a shell game. We didn't shy away from cracking a few statistical eggs to make a tasty omelet of compelling results.

Lastly, we employed a novel approach to analyze outliers in the data - we asked ourselves, "What came first, the high egg spending or the egg-ceptional stock performance?" and then plotted our findings on a scatterplot known affectionately as the "egg-stravaganza chart." This unconventional visual presentation not only added a touch of whimsy to our research but also helped us lay out our findings in a way that was easy to digest.

In this way, our methodology was anything but over-easy; it was a carefully measured, well-beaten concoction of quantitative analysis, digital sleuthing, and a dollop of creativity, all whipped together to lay the groundwork for a truly eggs-traordinary investigation.


Model: gpt-3.5-turbo-1106
System prompt: You are a silly 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 Annual US household spending on eggs and Emerson Electric Co.'s stock price (EMR). Make lots of jokes, goofy observations, and puns. Stay serious and dry most of the time, but then occasionally let your wit shine through.

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

For the time period 2002 to 2022, you found a correlation 0.9420505, r-squared of 0.8874591, 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]]
Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price

[[ABSTRACT]]
This study cracks open a whimsical investigation into the correlation between annual US household spending on eggs and Emerson Electric Co.'s (EMR) stock price. Utilizing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv) from 2002 to 2022, we reveal a surprising correlation coefficient of 0.9420505 and a statistically significant p-value of less than 0.01. Our findings suggest that there may be more than just a yolk in the connection between egg expenditures and EMR stock performance. Join us as we scramble to uncover the poachable relationship between breakfast habits and market dynamics!

-------

And here is the methodology section that led to this result:
[[METHODOLOGY]]
Eggs have long been hailed as the quintessential breakfast item, serving up a delectably nutritious start to the day for millions of households across the United States. The versatility of eggs, whether scrambled, fried, or poached, makes them an eggs-quisite choice for many. Meanwhile, Emerson Electric Co. (EMR) has been a beacon of innovation in the world of electrical equipment, lighting, and engineering services. One might think that these two seemingly unrelated entities are as different as night and day, but hold on to your sunny-side-ups because this study aims to show that there's a deeper, over-easy connection between them.
As we delve into the quirks and quiche of our investigation, we aim to add a sizzle of excitement to the world of financial research by exploring the association between annual US household spending on eggs and the stock price of EMR. Yes, you heard it right - eggs and electric gizmos are about to be whisked together in this curious concoction of correlation analysis.
In this paper, we aspire to infuse the typically solemn and sober landscape of financial analysis with a dash of humor and perhaps a sprinkle of nutmeg. After all, who can resist a good pun when it comes to pondering the sunny-side of investment trends and the shell-shocking influence of grocery habits on stock indices? So, grab your morning coffee and get ready to crack some statistics as we embark on this eggs-citing journey into the heart of this curious correlation.

-------

Your response should start like this:

[[RESULTS]]



ChatGPT:

[[RESULTS]]

The results of our analysis unveil a striking correlation between annual US household spending on eggs and the stock price of Emerson Electric Co. (EMR) over the period from 2002 to 2022. Our investigation yielded a correlation coefficient of 0.9420505, indicating a robust positive relationship between these seemingly unrelated variables. This remarkable correlation is further supported by an r-squared value of 0.8874591, showcasing that a significant proportion of the variability in EMR stock price can be explained by fluctuations in egg expenditures. Additionally, with a p-value of less than 0.01, our findings hold strong statistical significance, indicating that the observed correlation is unlikely to be merely a fluke.

Upon plotting the data points on a scatterplot (see Fig. 1), the unmistakable pattern of a strong positive linear relationship emerges, reinforcing the eggs-traordinary connection between these two seemingly divergent entities. The scatterplot visually encapsulates the coherence between annual egg spending and EMR stock price, providing compelling evidence that this association cannot be simply cracked.

The noteworthy correlation uncovered in this study invites further contemplation and exploration into potential underlying mechanisms that might be attributing to this surprising connection. While the idea of eggs influencing the performance of an electrical equipment company may initially seem egg-centric, our research suggests that there may be more than a finger-licking good reason for this correlation to exist.

These results shed light on a previously uncracked shell of financial analysis and prompt further investigation into the underlying factors contributing to this eggs-traordinary association. Our findings serve as a humble reminder that in the whimsical world of market dynamics, the seemingly unrelated may turn out to be linked by more than just a shell. Further studies are warranted to delve deeper into the underlying factors driving this correlation and to ascertain its applicability to other market dynamics.

In the next section, the discussion, we will take a comical look at the implications of our findings, while also putting forth serious considerations for future research and practical applications. Keep an eye out for a few eggstra puns as we scramble through our perspectives!


Model: gpt-3.5-turbo-1106
System prompt: You are a silly 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 Annual US household spending on eggs and Emerson Electric Co.'s stock price (EMR). Make lots of jokes, goofy observations, and puns. Stay serious and dry most of the time, but then occasionally let your wit shine through.

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]]
Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price

[[ABSTRACT]]
This study cracks open a whimsical investigation into the correlation between annual US household spending on eggs and Emerson Electric Co.'s (EMR) stock price. Utilizing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv) from 2002 to 2022, we reveal a surprising correlation coefficient of 0.9420505 and a statistically significant p-value of less than 0.01. Our findings suggest that there may be more than just a yolk in the connection between egg expenditures and EMR stock performance. Join us as we scramble to uncover the poachable relationship between breakfast habits and market dynamics!

[[LITERATURE REVIEW]]
In "Smith et al. 2020," the authors find a significant positive correlation between egg consumption and household expenditures, shedding light on the pivotal role that eggs play in the daily lives of Americans. This study provides a solid foundation for understanding the consumer behavior surrounding egg purchases and their implications for household budgets.
Doe and Jones (2021) delve deeper into the financial markets and uncover intriguing patterns in the stock prices of companies in the consumer goods sector. Their findings hint at the potential influence of consumer purchasing habits on stock performance, opening up the door to a realm of egg-centric financial analysis that's enough to make one crack a smile.
Moving beyond the realm of finance, "The Economics of Breakfast" by Professor Brunch (2015) explores the economic impact of breakfast foods on consumer spending habits. While not directly related to stock prices, this book uncovers the broader societal implications of breakfast choices and their effect on the economy.
On the fictional side, "The Egg-straordinary Adventures of Wall Street" by John Yolk (2008) weaves a tale of intrigue and market manipulation set against the backdrop of the New York Stock Exchange. While a work of fiction, the novel playfully explores the idea of eggs intertwining with the world of high finance, providing a whimsical take on the intersection of breakfast and stock markets.
Venturing further into unconventional sources, the back of shampoo bottles everywhere cryptically hint at the mysteries of the universe, including the enigmatic relationship between egg consumption and stock prices. Who knew that analyzing the ingredients list of hair care products could hold the key to unlocking the omelet of financial wisdom?

[[RESULTS]]
The results of our analysis unveil a striking correlation between annual US household spending on eggs and the stock price of Emerson Electric Co. (EMR) over the period from 2002 to 2022. Our investigation yielded a correlation coefficient of 0.9420505, indicating a robust positive relationship between these seemingly unrelated variables. This remarkable correlation is further supported by an r-squared value of 0.8874591, showcasing that a significant proportion of the variability in EMR stock price can be explained by fluctuations in egg expenditures. Additionally, with a p-value of less than 0.01, our findings hold strong statistical significance, indicating that the observed correlation is unlikely to be merely a fluke.
Upon plotting the data points on a scatterplot (see Fig. 1), the unmistakable pattern of a strong positive linear relationship emerges, reinforcing the eggs-traordinary connection between these two seemingly divergent entities. The scatterplot visually encapsulates the coherence between annual egg spending and EMR stock price, providing compelling evidence that this association cannot be simply cracked.
The noteworthy correlation uncovered in this study invites further contemplation and exploration into potential underlying mechanisms that might be attributing to this surprising connection. While the idea of eggs influencing the performance of an electrical equipment company may initially seem egg-centric, our research suggests that there may be more than a finger-licking good reason for this correlation to exist.
These results shed light on a previously uncracked shell of financial analysis and prompt further investigation into the underlying factors contributing to this eggs-traordinary association. Our findings serve as a humble reminder that in the whimsical world of market dynamics, the seemingly unrelated may turn out to be linked by more than just a shell. Further studies are warranted to delve deeper into the underlying factors driving this correlation and to ascertain its applicability to other market dynamics.
In the next section, the discussion, we will take a comical look at the implications of our findings, while also putting forth serious considerations for future research and practical applications. Keep an eye out for a few eggstra puns as we scramble through our perspectives!

-------

Your response should start like this:

[[DISCUSSION]]



ChatGPT:

[[DISCUSSION]]

In cracking open the discussion, it's time to egg-samine the implications of our findings with the utmost seriousness, though we do hope to sprinkle in a few yolks along the way. Our results have hatched a robust correlation between annual US household spending on eggs and the stock price of Emerson Electric Co. (EMR). This eggs-traordinary discovery not only supports the prior research by Smith et al. (2020) and Doe and Jones (2021), but it also amplifies the egg-centric narrative laid out by John Yolk's fiction and the cryptic musings found on many shampoo bottles.

While it may seem egg-centric to associate egg expenditures with the performance of a company dealing in electrical equipment, the statistical significance of our findings lays a strong foundation for further egg-ploration. The positive correlation coefficient and high r-squared value suggest that nearly 90% of the variability in EMR stock price can be poached, ahem, explained by fluctuations in egg expenditures. It's hard-boiled to deny that the egg-spense-side and stock prices are more than just casually egg-knowledged bedfellows.

The scatterplot, a visual omelet of the data, reinforces the undeniable pattern of a strong positive linear relationship between egg spending and EMR stock price. Our findings lay a solid groundwork for more egg-citing research in the field of consumer behavior and financial markets. A deeper egg-samination into the factors driving this yolk-tastic association could crack old-fashioned assumptions about the divergence between consumer choices and market dynamics.

What's not to love about finding eggs-cellent financial news, or should we say, eggs-cellent eggs-amples of the crossroads between breakfast habits and stock performance? The existence of this eggs-traordinary correlation is enough to make everyone want to scramble for answers. It's a reminder that in the whimsical world of market dynamics, we must be open to egg-splore connections that seem over-easy to dismiss.

So, as we ponder these egg-centric market dynamics, let's not forget the old saying: don't put all your eggs in one basket, unless, of course, that basket happens to contain EMR stocks. Further research is needed to peel away the egg-shell of this correlation and unveil the sunny-side-up truth about its broader implications. As we conclude this discussion, we hope to have egg-cited your appetite for more egg-ceptional research in this egg-citing field.


Model: gpt-3.5-turbo-1106
System prompt: You are a silly 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 Annual US household spending on eggs and Emerson Electric Co.'s stock price (EMR). Make lots of jokes, goofy observations, and puns. Stay serious and dry most of the time, but then occasionally let your wit shine through.

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]]
Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price

[[ABSTRACT]]
This study cracks open a whimsical investigation into the correlation between annual US household spending on eggs and Emerson Electric Co.'s (EMR) stock price. Utilizing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv) from 2002 to 2022, we reveal a surprising correlation coefficient of 0.9420505 and a statistically significant p-value of less than 0.01. Our findings suggest that there may be more than just a yolk in the connection between egg expenditures and EMR stock performance. Join us as we scramble to uncover the poachable relationship between breakfast habits and market dynamics!

[[INTRDUCTION]]
Eggs have long been hailed as the quintessential breakfast item, serving up a delectably nutritious start to the day for millions of households across the United States. The versatility of eggs, whether scrambled, fried, or poached, makes them an eggs-quisite choice for many. Meanwhile, Emerson Electric Co. (EMR) has been a beacon of innovation in the world of electrical equipment, lighting, and engineering services. One might think that these two seemingly unrelated entities are as different as night and day, but hold on to your sunny-side-ups because this study aims to show that there's a deeper, over-easy connection between them.
As we delve into the quirks and quiche of our investigation, we aim to add a sizzle of excitement to the world of financial research by exploring the association between annual US household spending on eggs and the stock price of EMR. Yes, you heard it right - eggs and electric gizmos are about to be whisked together in this curious concoction of correlation analysis.
In this paper, we aspire to infuse the typically solemn and sober landscape of financial analysis with a dash of humor and perhaps a sprinkle of nutmeg. After all, who can resist a good pun when it comes to pondering the sunny-side of investment trends and the shell-shocking influence of grocery habits on stock indices? So, grab your morning coffee and get ready to crack some statistics as we embark on this eggs-citing journey into the heart of this curious correlation.

[[RESULTS]]
The results of our analysis unveil a striking correlation between annual US household spending on eggs and the stock price of Emerson Electric Co. (EMR) over the period from 2002 to 2022. Our investigation yielded a correlation coefficient of 0.9420505, indicating a robust positive relationship between these seemingly unrelated variables. This remarkable correlation is further supported by an r-squared value of 0.8874591, showcasing that a significant proportion of the variability in EMR stock price can be explained by fluctuations in egg expenditures. Additionally, with a p-value of less than 0.01, our findings hold strong statistical significance, indicating that the observed correlation is unlikely to be merely a fluke.
Upon plotting the data points on a scatterplot (see Fig. 1), the unmistakable pattern of a strong positive linear relationship emerges, reinforcing the eggs-traordinary connection between these two seemingly divergent entities. The scatterplot visually encapsulates the coherence between annual egg spending and EMR stock price, providing compelling evidence that this association cannot be simply cracked.
The noteworthy correlation uncovered in this study invites further contemplation and exploration into potential underlying mechanisms that might be attributing to this surprising connection. While the idea of eggs influencing the performance of an electrical equipment company may initially seem egg-centric, our research suggests that there may be more than a finger-licking good reason for this correlation to exist.
These results shed light on a previously uncracked shell of financial analysis and prompt further investigation into the underlying factors contributing to this eggs-traordinary association. Our findings serve as a humble reminder that in the whimsical world of market dynamics, the seemingly unrelated may turn out to be linked by more than just a shell. Further studies are warranted to delve deeper into the underlying factors driving this correlation and to ascertain its applicability to other market dynamics.
In the next section, the discussion, we will take a comical look at the implications of our findings, while also putting forth serious considerations for future research and practical applications. Keep an eye out for a few eggstra puns as we scramble through our perspectives!

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Your response should start like this:

[[CONCLUSION]]



ChatGPT:

[[CONCLUSION]]

In conclusion, our study has cracked open a deliciously intriguing correlation between annual US household spending on eggs and Emerson Electric Co.'s (EMR) stock price. The robust positive relationship between these seemingly unrelated variables has left us with egg on our face, and not just from our brunch mishaps. We couldn't have egg-spected such a strong connection, but the data doesn't lie – or lay, in this case!

While our findings may seem over-easy to dismiss as mere coincidence, the statistically significant p-value and high correlation coefficient suggest otherwise. It's eggs-tremely unlikely that this association is just a fluke. It seems that when it comes to the dance of market dynamics, eggs and stocks have more in common than meets the fry.

This eggs-traordinary discovery prompts further inquiry into the underlying mechanisms at play. Could it be that egg-citing changes in consumer behavior lead to fluctuations in stock prices? Or perhaps there's a sunny-side-up strategy involving egg-related industries that impacts the market in egg-spected ways? These questions remain as scrambled as ever, beckoning future researchers to unscramble the mysteries.

Thus, we poach-laim that our findings provide an eggs-citing addition to the world of financial analysis, serving as a cracking reminder that the financial omelet may have more egg-citing ingredients than we previously thought. However, we eggs-haustively assert that no further research is needed in this area - it's time to put this hard-boiled topic to rest.


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 Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price. Respond only with the name of a fictional academic journal.

ChatGPT:

Journal of Poultry Economics and Finance


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 Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price. Respond only with the name of a fictional organization.

ChatGPT:

The Society for Poultry Economics and Stock Market Research


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 Eggs-travagant Expenses: Examining the Amusing Association between Annual US Household Spending on Eggs and Emerson Electric Co.'s Stock Price with an abstract of This study cracks open a whimsical investigation into the correlation between annual US household spending on eggs and Emerson Electric Co.'s (EMR) stock price. Utilizing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv) from 2002 to 2022, we reveal a surprising correlation coefficient of 0.9420505 and a statistically significant p-value of less than 0.01. Our findings suggest that there may be more than just a yolk in the connection between egg expenditures and EMR stock performance. Join us as we scramble to uncover the poachable relationship between breakfast habits and market dynamics!

ChatGPT:

US household spending on eggs, Emerson Electric Co. stock price, egg expenditures correlation, correlation between egg spending and stock performance, Bureau of Labor Statistics data, LSEG Analytics data, Emerson Electric Co. (EMR) stock price, annual household spending on eggs, US egg consumption trends, market dynamics and egg expenditures

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



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Data details

Annual US household spending on eggs
Detailed data title: Average annual household spend on eggs
Source: Bureau of Labor Statistics
See what else correlates with Annual US household spending on eggs

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

See what else correlates with Emerson Electric Co.'s stock price (EMR)

Correlation r = 0.9420505 (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 = 0.8874591 (Coefficient of determination)
This means 88.7% of the change in the one variable (i.e., Emerson Electric Co.'s stock price (EMR)) is predictable based on the change in the other (i.e., Annual US household spending on eggs) over the 21 years from 2002 through 2022.

p < 0.01, which is statistically significant(Null hypothesis significance test)
The p-value is 1.9E-10. 0.0000000001851987291875259300
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 0.94 in 1.9E-8% of random cases. Said differently, if you correlated 5,399,605,086 random variables You don't actually need 5 billion 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 20 degrees of freedom, Degrees of freedom is a measure of how many free components we are testing. In this case it is 20 because we have two variables measured over a period of 21 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.

[ 0.86, 0.98 ] 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.
200220032004200520062007200820092010201120122013201420152016201720182019202020212022
Annual US household spending on eggs (Household spend)343742333743514446505356586356556458646887
Emerson Electric Co.'s stock price (EMR) (Stock price)28.3525.5332.3835.137.5344.1256.6636.7243.1557.6148.2453.9669.8361.8447.3256.2570.0658.876.5780.5893.3




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([34,37,42,33,37,43,51,44,46,50,53,56,58,63,56,55,64,58,64,68,87,])
array_2 = np.array([28.35,25.53,32.38,35.1,37.53,44.12,56.66,36.72,43.15,57.61,48.24,53.96,69.83,61.84,47.32,56.25,70.06,58.8,76.57,80.58,93.3,])
array_1_name = "Annual US household spending on eggs"
array_2_name = "Emerson Electric Co.'s stock price (EMR)"

# 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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Correlation ID: 2009 · Black Variable ID: 19893 · Red Variable ID: 1716
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