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Spurious correlation #3,836 · 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 home maintenance and the second variable is Humana's stock price (HUM).  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 households spent more on home maintenance, there was a proportional rise in the demand for DIY healthcare solutions, leading to a surge in Humana's stock price. Remember, a well-maintained home leads to a healthy investment portfolio!

Model: dalle-3
Prompt: Generate an image of a humorous living room scene where a family joyfully decorates their freshly painted living room. In the background, a digital stock ticker displays Humana's stock price rising. The family's investment in home maintenance is reflected in the surging stock price, creating a sense of humor and irony. The living room should appear warm and cozy, with the family members sharing smiles and laughter as they adorn the space. The stock ticker can be positioned behind them, showcasing the financial impact of their home improvement endeavors. 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 home maintenance and Humana's stock price (HUM). 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: Low poly Parallax art a funny image you would see on reddit Voxel art Art nouveau
ChatGPT: a funny image you would see on reddit

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 home maintenance and Humana's stock price (HUM), in the following situation: Because as households spent more on home maintenance, they were also investing in "humana" resources to make sure their homes were in top shape. This increased demand for home maintenance led to greater profits for home maintenance companies, including Humana, which in turn boosted their stock price.. Keep the description simple.
ChatGPT: A family is happily decorating their freshly painted living room, while a stock ticker shows Humana's stock price rising in the background. The family is spending more on home maintenance to ensure that their house is in top shape, and the increase in such expenditure is benefiting companies like Humana, reflected in the rising stock price.

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: [ a funny image you would see on reddit ] and depicting this scene: A family is happily decorating their freshly painted living room, while a stock ticker shows Humana's stock price rising in the background. The family is spending more on home maintenance to ensure that their house is in top shape, and the increase in such expenditure is benefiting companies like Humana, reflected in the rising stock price. Keep the visual depiction simple. Do not include any words or speech bubbles.
ChatGPT: Generate an image of a humorous living room scene where a family joyfully decorates their freshly painted living room. In the background, a digital stock ticker displays Humana's stock price rising. The family's investment in home maintenance is reflected in the surging stock price, creating a sense of humor and irony. The living room should appear warm and cozy, with the family members sharing smiles and laughter as they adorn the space. The stock ticker can be positioned behind them, showcasing the financial impact of their home improvement endeavors.

*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 home maintenance caused Humana's stock price (HUM) to increase. Add a funny one-liner at the end.

AI academic paper

(Because p < 0.01)
The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price

The Journal of Quirky Economic Studies

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 home maintenance and Humana's stock price (HUM). Make lots of jokes, goofy observations, and puns.

Include a pun in the title.

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 0.9955473 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]]
"The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price"

[[ABSTRACT]]
This paper examines the unexpected relationship between annual US household spending on home maintenance and the stock price of Humana (HUM). Through the meticulous examination of data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), our research team uncovered a correlation coefficient of 0.9955473 and a p-value less than 0.01 for the time period spanning from 2002 to 2022. The findings unveil an intriguing link between the seemingly mundane world of household repairs and the rollercoaster ride of Humana's stock price, challenging traditional economic analysis and inspiring a wealth of home maintenance-related puns.


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 home maintenance and Humana's stock price (HUM). Make lots of jokes, goofy observations, and puns.

Here is the title and abstract of the paper:
[[TITLE]]
"The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price"

[[ABSTRACT]]
This paper examines the unexpected relationship between annual US household spending on home maintenance and the stock price of Humana (HUM). Through the meticulous examination of data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), our research team uncovered a correlation coefficient of 0.9955473 and a p-value less than 0.01 for the time period spanning from 2002 to 2022. The findings unveil an intriguing link between the seemingly mundane world of household repairs and the rollercoaster ride of Humana's stock price, challenging traditional economic analysis and inspiring a wealth of home maintenance-related puns.

-------

Your response should start like this:

[[INTRODUCTION]]



ChatGPT:
[[INTRODUCTION]]

Have you ever looked at your leaky faucet or overgrown lawn and thought, "Hmm, I wonder how this affects the stock prices of health insurance companies?" No? Well, neither have we, until now! In this paper, we dive into the quirky world of home maintenance spending and its surprising connection to the stock price of Humana.

First off, let’s address the elephant in the room – who knew that fixing a creaky door or repainting the kitchen could have any impact on the stock exchange? We certainly didn’t, but as they say, truth is stranger than fiction. Our journey began with the curiosity of understanding the underlying factors influencing stock prices, and before we knew it, we stumbled upon the humdinger of a correlation between household maintenance spending and Humana's stock price.

The initial reaction from our colleagues was a mix of skepticism and amusement – “You mean to tell me that the price of fixing a leaky pipe somehow affects whether my stock portfolio is leaking value?” Yes, indeed – the numbers don’t lie, and neither do our puns.

Join us as we unravel this curious connection and attempt to shed light on this unforeseen relationship. This paper is not just another dry analysis of economic data; it's a rollicking romp through the wacky world of home maintenance and stock market shenanigans. So buckle up and prepare for a home improvement rollercoaster ride – and no, we’re not talking about re-paving the driveway!


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 home maintenance and Humana's stock price (HUM). 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]]
"The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price"

[[ABSTRACT]]
This paper examines the unexpected relationship between annual US household spending on home maintenance and the stock price of Humana (HUM). Through the meticulous examination of data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), our research team uncovered a correlation coefficient of 0.9955473 and a p-value less than 0.01 for the time period spanning from 2002 to 2022. The findings unveil an intriguing link between the seemingly mundane world of household repairs and the rollercoaster ride of Humana's stock price, challenging traditional economic analysis and inspiring a wealth of home maintenance-related puns.

-------

And here is the introduction section that led to this literature review:
[[INTRODUCTION]]
Have you ever looked at your leaky faucet or overgrown lawn and thought, "Hmm, I wonder how this affects the stock prices of health insurance companies?" No? Well, neither have we, until now! In this paper, we dive into the quirky world of home maintenance spending and its surprising connection to the stock price of Humana.
First off, let’s address the elephant in the room – who knew that fixing a creaky door or repainting the kitchen could have any impact on the stock exchange? We certainly didn’t, but as they say, truth is stranger than fiction. Our journey began with the curiosity of understanding the underlying factors influencing stock prices, and before we knew it, we stumbled upon the humdinger of a correlation between household maintenance spending and Humana's stock price.
The initial reaction from our colleagues was a mix of skepticism and amusement – “You mean to tell me that the price of fixing a leaky pipe somehow affects whether my stock portfolio is leaking value?” Yes, indeed – the numbers don’t lie, and neither do our puns.
Join us as we unravel this curious connection and attempt to shed light on this unforeseen relationship. This paper is not just another dry analysis of economic data; it's a rollicking romp through the wacky world of home maintenance and stock market shenanigans. So buckle up and prepare for a home improvement rollercoaster ride – and no, we’re not talking about re-paving the driveway!

-------

Your response should start like this:

[[LITERATURE REVIEW]]



ChatGPT:
[[LITERATURE REVIEW]]

The surprising intersection between household maintenance and stock market performance has piqued the interest of many researchers and scholars. In "Home Economics: The Small Shape of Your Wallet," Smith and Doe delve into the intricate relationship between personal financial decisions and consumer behavior. However, what they failed to mention was the potential impact of DIY plumbing on the Dow Jones Industrial Average.

Taking a slightly more quantitative approach, Jones and Johnson, in "Economic Indicators: The Essential Guide," provide a comprehensive overview of the key factors influencing stock prices. While their analysis is insightful, they missed the forest for the trees by neglecting to consider the impact of annual gutter cleaning on the S&P 500.

Transitioning from non-fiction to fiction, "The Money Pit" by Tom Hanks and "House of Cards" by Kevin Spacey offer intriguing narratives that, while entertaining, fall short of addressing the correlation between vigilant lawn care and the NASDAQ composite index.

Now, our literature review took an unexpected turn when we stumbled upon "The Hitchhiker's Guide to the Galaxy" by Douglas Adams. While you may be wondering what a science fiction comedy has to do with our research, let's just say that the answer to the ultimate question of life, the universe, and everything could potentially be found in how often American households replace their air filters.

In addition to the more traditional sources, our team also dabbled in unconventional methods of data collection, including perusing the backs of shampoo bottles for any inklings of wisdom on stock market trends. Surprisingly, we found no correlation between luscious hair and bullish markets – a hair-raising revelation, indeed!

As we meander through this lighthearted yet enlightening journey, it becomes evident that the connection between home maintenance spending and stock prices is a tapestry woven with both financial data and a touch of whimsy. Join us as we peel back the layers of this peculiar correlation, armed with statistical analysis and a generous sprinkling of home improvement-related quips.


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 home maintenance and Humana's stock price (HUM). Make lots of jokes, goofy observations, and puns.

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]]
"The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price"

[[ABSTRACT]]
This paper examines the unexpected relationship between annual US household spending on home maintenance and the stock price of Humana (HUM). Through the meticulous examination of data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), our research team uncovered a correlation coefficient of 0.9955473 and a p-value less than 0.01 for the time period spanning from 2002 to 2022. The findings unveil an intriguing link between the seemingly mundane world of household repairs and the rollercoaster ride of Humana's stock price, challenging traditional economic analysis and inspiring a wealth of home maintenance-related puns.

[[INTRODUCTION]]
Have you ever looked at your leaky faucet or overgrown lawn and thought, "Hmm, I wonder how this affects the stock prices of health insurance companies?" No? Well, neither have we, until now! In this paper, we dive into the quirky world of home maintenance spending and its surprising connection to the stock price of Humana.
First off, let’s address the elephant in the room – who knew that fixing a creaky door or repainting the kitchen could have any impact on the stock exchange? We certainly didn’t, but as they say, truth is stranger than fiction. Our journey began with the curiosity of understanding the underlying factors influencing stock prices, and before we knew it, we stumbled upon the humdinger of a correlation between household maintenance spending and Humana's stock price.
The initial reaction from our colleagues was a mix of skepticism and amusement – “You mean to tell me that the price of fixing a leaky pipe somehow affects whether my stock portfolio is leaking value?” Yes, indeed – the numbers don’t lie, and neither do our puns.
Join us as we unravel this curious connection and attempt to shed light on this unforeseen relationship. This paper is not just another dry analysis of economic data; it's a rollicking romp through the wacky world of home maintenance and stock market shenanigans. So buckle up and prepare for a home improvement rollercoaster ride – and no, we’re not talking about re-paving the driveway!

-------

Your response should start like this:

[[METHODOLOGY]]



ChatGPT:

[[METHODOLOGY]]

To uncover the intriguing connection between annual US household spending on home maintenance and the stock price of Humana (HUM), our research team embarked on a journey that involved a combination of traditional statistical analysis and a healthy dose of good-natured skepticism. The first step in our quest involved the careful collection of data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv). We scoured the internet for every tidbit of information related to home maintenance spending, from the cost of repairing leaky faucets to the expense of revamping that outdated avocado-colored bathroom.

Now, brace yourself for the slightly unconventional part of our methodology – the "DIY Do-It-All Randomizer" algorithm. Yes, you read that right. We created a convoluted algorithm that involved a whimsical mix of household chores, random number generators, and highly caffeinated graduate students. Each randomized task was then assigned a corresponding "Humana Hilarity Index" to measure its potential impact on Humana's stock price. The more absurd and outlandish the chore, the higher its Hilarity Index. It's safe to say that our research team had a blast concocting this unique approach, and the results were nothing short of hysterically absurd.

In a more traditional vein, we also employed advanced statistical techniques such as correlation analysis, regression modeling, and time series analysis to delve into the nitty-gritty of the relationship between home maintenance spending and Humana's stock price. We meticulously crunched numbers, pored over charts, and debated the most fitting puns to accompany our findings. Our research team also engaged in rigorous discussions about the potential confounding variables – from the influence of quirky DIY trends to the impact of home improvement television shows on stock market psychology.

Furthermore, our methodology involved copious amounts of coffee, the occasional bout of delirious laughter, and a healthy appreciation for the absurdity of our undertaking. We also harnessed the power of bad jokes and groan-inducing puns as a means to keep morale high and our spirits even higher. In the end, our methodology can be best described as a whimsical blend of statistical rigor, offbeat creativity, and an unyielding commitment to unearthing the unexpected.


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 home maintenance and Humana's stock price (HUM). Make lots of jokes, goofy observations, and puns.

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 0.9955473, r-squared of 0.9911145, 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]]
"The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price"

[[ABSTRACT]]
This paper examines the unexpected relationship between annual US household spending on home maintenance and the stock price of Humana (HUM). Through the meticulous examination of data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), our research team uncovered a correlation coefficient of 0.9955473 and a p-value less than 0.01 for the time period spanning from 2002 to 2022. The findings unveil an intriguing link between the seemingly mundane world of household repairs and the rollercoaster ride of Humana's stock price, challenging traditional economic analysis and inspiring a wealth of home maintenance-related puns.

-------

And here is the methodology section that led to this result:
[[METHODOLOGY]]
Have you ever looked at your leaky faucet or overgrown lawn and thought, "Hmm, I wonder how this affects the stock prices of health insurance companies?" No? Well, neither have we, until now! In this paper, we dive into the quirky world of home maintenance spending and its surprising connection to the stock price of Humana.
First off, let’s address the elephant in the room – who knew that fixing a creaky door or repainting the kitchen could have any impact on the stock exchange? We certainly didn’t, but as they say, truth is stranger than fiction. Our journey began with the curiosity of understanding the underlying factors influencing stock prices, and before we knew it, we stumbled upon the humdinger of a correlation between household maintenance spending and Humana's stock price.
The initial reaction from our colleagues was a mix of skepticism and amusement – “You mean to tell me that the price of fixing a leaky pipe somehow affects whether my stock portfolio is leaking value?” Yes, indeed – the numbers don’t lie, and neither do our puns.
Join us as we unravel this curious connection and attempt to shed light on this unforeseen relationship. This paper is not just another dry analysis of economic data; it's a rollicking romp through the wacky world of home maintenance and stock market shenanigans. So buckle up and prepare for a home improvement rollercoaster ride – and no, we’re not talking about re-paving the driveway!

-------

Your response should start like this:

[[RESULTS]]



ChatGPT:

[[RESULTS]]

The analysis of the data revealed a staggering correlation coefficient of 0.9955473 between annual US household spending on home maintenance and the stock price of Humana (HUM) from 2002 to 2022. This strong positive correlation implies that as household spending on home maintenance increased, so did the stock price of Humana. It seems that fixing leaky faucets and painting the walls not only renovates homes but also rejuvenates stock prices!

The coefficient of determination (r-squared) of 0.9911145 further solidifies the relationship between these seemingly unrelated variables. This indicates that a whopping 99.11% of the variation in Humana's stock price can be explained by changes in annual home maintenance spending. Who would have thought that the state of our homes could have such an impact on the health of a health insurance company's stock price?

In addition, the p-value of less than 0.01 provides strong evidence against the null hypothesis, indicating that the observed correlation is highly unlikely to have occurred by chance. It's safe to say that this connection between home maintenance spending and Humana's stock price is as real as the leaky faucet you've been meaning to fix.

Our findings are further illustrated in Fig. 1, a scatterplot showing the clear and tightly clustered relationship between annual US household spending on home maintenance and Humana's stock price. The dots on this plot are almost as tightly packed as the cabinets full of tools in a well-equipped garage – a sight to behold!

These results challenge traditional economic analysis and elevate the significance of household upkeep in the realm of stock market dynamics. As we delve deeper into this unexpected relationship, we invite you to join us in celebrating the quirky connections that lurk beneath the surface of seemingly unrelated factors. After all, who knew that the path to financial success might just start with a well-maintained home and a few stock market puns?


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 home maintenance and Humana's stock price (HUM). Make lots of jokes, goofy observations, and puns.

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]]
"The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price"

[[ABSTRACT]]
This paper examines the unexpected relationship between annual US household spending on home maintenance and the stock price of Humana (HUM). Through the meticulous examination of data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), our research team uncovered a correlation coefficient of 0.9955473 and a p-value less than 0.01 for the time period spanning from 2002 to 2022. The findings unveil an intriguing link between the seemingly mundane world of household repairs and the rollercoaster ride of Humana's stock price, challenging traditional economic analysis and inspiring a wealth of home maintenance-related puns.

[[LITERATURE REVIEW]]
The surprising intersection between household maintenance and stock market performance has piqued the interest of many researchers and scholars. In "Home Economics: The Small Shape of Your Wallet," Smith and Doe delve into the intricate relationship between personal financial decisions and consumer behavior. However, what they failed to mention was the potential impact of DIY plumbing on the Dow Jones Industrial Average.
Taking a slightly more quantitative approach, Jones and Johnson, in "Economic Indicators: The Essential Guide," provide a comprehensive overview of the key factors influencing stock prices. While their analysis is insightful, they missed the forest for the trees by neglecting to consider the impact of annual gutter cleaning on the S&P 500.
Transitioning from non-fiction to fiction, "The Money Pit" by Tom Hanks and "House of Cards" by Kevin Spacey offer intriguing narratives that, while entertaining, fall short of addressing the correlation between vigilant lawn care and the NASDAQ composite index.
Now, our literature review took an unexpected turn when we stumbled upon "The Hitchhiker's Guide to the Galaxy" by Douglas Adams. While you may be wondering what a science fiction comedy has to do with our research, let's just say that the answer to the ultimate question of life, the universe, and everything could potentially be found in how often American households replace their air filters.
In addition to the more traditional sources, our team also dabbled in unconventional methods of data collection, including perusing the backs of shampoo bottles for any inklings of wisdom on stock market trends. Surprisingly, we found no correlation between luscious hair and bullish markets – a hair-raising revelation, indeed!
As we meander through this lighthearted yet enlightening journey, it becomes evident that the connection between home maintenance spending and stock prices is a tapestry woven with both financial data and a touch of whimsy. Join us as we peel back the layers of this peculiar correlation, armed with statistical analysis and a generous sprinkling of home improvement-related quips.

[[RESULTS]]
The analysis of the data revealed a staggering correlation coefficient of 0.9955473 between annual US household spending on home maintenance and the stock price of Humana (HUM) from 2002 to 2022. This strong positive correlation implies that as household spending on home maintenance increased, so did the stock price of Humana. It seems that fixing leaky faucets and painting the walls not only renovates homes but also rejuvenates stock prices!
The coefficient of determination (r-squared) of 0.9911145 further solidifies the relationship between these seemingly unrelated variables. This indicates that a whopping 99.11% of the variation in Humana's stock price can be explained by changes in annual home maintenance spending. Who would have thought that the state of our homes could have such an impact on the health of a health insurance company's stock price?
In addition, the p-value of less than 0.01 provides strong evidence against the null hypothesis, indicating that the observed correlation is highly unlikely to have occurred by chance. It's safe to say that this connection between home maintenance spending and Humana's stock price is as real as the leaky faucet you've been meaning to fix.
Our findings are further illustrated in Fig. 1, a scatterplot showing the clear and tightly clustered relationship between annual US household spending on home maintenance and Humana's stock price. The dots on this plot are almost as tightly packed as the cabinets full of tools in a well-equipped garage – a sight to behold!
These results challenge traditional economic analysis and elevate the significance of household upkeep in the realm of stock market dynamics. As we delve deeper into this unexpected relationship, we invite you to join us in celebrating the quirky connections that lurk beneath the surface of seemingly unrelated factors. After all, who knew that the path to financial success might just start with a well-maintained home and a few stock market puns?

-------

Your response should start like this:

[[DISCUSSION]]



ChatGPT:

The results of our study have unearthed a correlation that has left us utterly floored, or perhaps we should say "under-the-floorboarded." The correlation coefficient of 0.9955473 and the minuscule p-value less than 0.01 provide compelling evidence that there is indeed a remarkable link between annual US household spending on home maintenance and the stock price of Humana (HUM). It appears that those who invest in their living spaces are inadvertently investing in Humana, too - talk about a hedge against dilapidation! Our findings wholeheartedly support the literature review's humorous notions - yes, even the speculation about air filter replacements solving the ultimate question of life, the universe, and everything.

The uncovering of this correlation brings to mind the age-old dilemma of the chicken and the egg - which came first? Did diligent home maintenance lead to the rise in Humana's stock price, or did the flourishing stock price inspire homeowners to care for their abodes with greater fervor? It's certainly a conundrum that's almost as confounding as attempting to discern which came first, the price increase in housing or the spike in avian real estate.

Our results have serious implications for both homeowners and investors. Humana's stock price appears to respond positively to increased home maintenance spending, suggesting that robust housekeeping efforts could contribute to a robust stock portfolio. Imagine that - a well-trimmed lawn paved the way to a healthier stock market performance for Humana, and here we thought the grass was only greener on the other side!

The next time you're perusing the stock market, consider taking a detour to the nearest hardware store instead. Our findings propose that a keen focus on home maintenance could be as integral to financial success as diversifying a stock portfolio. Maybe our research will inspire a new investment trend of DIY enthusiasts swapping stock tips while swapping out light fixtures. Who knows, perhaps the next big economic summit will be held at a faucet trade show!

As we mull over the unforeseen relationship between home maintenance and stock prices, we are reminded that the world of finance is full of surprises. It seems there is always more than meets the eye - or the balance sheet, for that matter. Our study stands as a testament to the unexpected connections that underpin the complexities of the stock market, and we fervently believe that this offbeat correlation warrants further exploration. After all, when it comes to the crossroads of home maintenance and stock prices, there's no shortage of quirky anecdotes or, dare we say, a good "stock" of jokes!


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 home maintenance and Humana's stock price (HUM). Make lots of jokes, goofy observations, and puns.

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]]
"The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price"

[[ABSTRACT]]
This paper examines the unexpected relationship between annual US household spending on home maintenance and the stock price of Humana (HUM). Through the meticulous examination of data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), our research team uncovered a correlation coefficient of 0.9955473 and a p-value less than 0.01 for the time period spanning from 2002 to 2022. The findings unveil an intriguing link between the seemingly mundane world of household repairs and the rollercoaster ride of Humana's stock price, challenging traditional economic analysis and inspiring a wealth of home maintenance-related puns.

[[INTRDUCTION]]
Have you ever looked at your leaky faucet or overgrown lawn and thought, "Hmm, I wonder how this affects the stock prices of health insurance companies?" No? Well, neither have we, until now! In this paper, we dive into the quirky world of home maintenance spending and its surprising connection to the stock price of Humana.
First off, let’s address the elephant in the room – who knew that fixing a creaky door or repainting the kitchen could have any impact on the stock exchange? We certainly didn’t, but as they say, truth is stranger than fiction. Our journey began with the curiosity of understanding the underlying factors influencing stock prices, and before we knew it, we stumbled upon the humdinger of a correlation between household maintenance spending and Humana's stock price.
The initial reaction from our colleagues was a mix of skepticism and amusement – “You mean to tell me that the price of fixing a leaky pipe somehow affects whether my stock portfolio is leaking value?” Yes, indeed – the numbers don’t lie, and neither do our puns.
Join us as we unravel this curious connection and attempt to shed light on this unforeseen relationship. This paper is not just another dry analysis of economic data; it's a rollicking romp through the wacky world of home maintenance and stock market shenanigans. So buckle up and prepare for a home improvement rollercoaster ride – and no, we’re not talking about re-paving the driveway!

[[RESULTS]]
The analysis of the data revealed a staggering correlation coefficient of 0.9955473 between annual US household spending on home maintenance and the stock price of Humana (HUM) from 2002 to 2022. This strong positive correlation implies that as household spending on home maintenance increased, so did the stock price of Humana. It seems that fixing leaky faucets and painting the walls not only renovates homes but also rejuvenates stock prices!
The coefficient of determination (r-squared) of 0.9911145 further solidifies the relationship between these seemingly unrelated variables. This indicates that a whopping 99.11% of the variation in Humana's stock price can be explained by changes in annual home maintenance spending. Who would have thought that the state of our homes could have such an impact on the health of a health insurance company's stock price?
In addition, the p-value of less than 0.01 provides strong evidence against the null hypothesis, indicating that the observed correlation is highly unlikely to have occurred by chance. It's safe to say that this connection between home maintenance spending and Humana's stock price is as real as the leaky faucet you've been meaning to fix.
Our findings are further illustrated in Fig. 1, a scatterplot showing the clear and tightly clustered relationship between annual US household spending on home maintenance and Humana's stock price. The dots on this plot are almost as tightly packed as the cabinets full of tools in a well-equipped garage – a sight to behold!
These results challenge traditional economic analysis and elevate the significance of household upkeep in the realm of stock market dynamics. As we delve deeper into this unexpected relationship, we invite you to join us in celebrating the quirky connections that lurk beneath the surface of seemingly unrelated factors. After all, who knew that the path to financial success might just start with a well-maintained home and a few stock market puns?

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Your response should start like this:

[[CONCLUSION]]



ChatGPT:

[[CONCLUSION]]

Our journey into the tangled web of home maintenance and stock prices has left us both astonished and entertained. Who would have thought that the color of your kitchen walls could sway the stock price of a health insurance company? Let’s not forget the leaking faucet – a gentle drip may as well be the sound of money flowing into your investment portfolio!

The staggering correlation coefficient, coefficient of determination, and p-value we uncovered slap traditional economic analyses right in the face. It turns out, the health of Humana's stock price is intimately tied to the health of our households. We are left with no choice but to declare that the correlation between annual US household spending on home maintenance and Humana's stock price is as undeniable as the noise of a drill on a Saturday morning.

As we gaze at Fig. 1, we can’t help but marvel at the tightly packed dots, much like sardines in a can – a fitting visualization of the close-knit relationship between these unlikely bedfellows.

Now, some may question if there is truly any value in delving further into this bizarre connection. After all, as exciting as it is to imagine stockbrokers making decisions based on the state of their leaky faucets, we believe our findings stand as a testament to the wackiness of the economic world. Thus, we assert with confidence that no more research is needed in this area. Let’s leave this pun-filled rollercoaster ride right here, and perhaps turn our attention to more conventional economic relationships.


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 The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price. Respond only with the name of a fictional academic journal.

ChatGPT:

The Journal of Quirky Economic Studies


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 The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price. Respond only with the name of a fictional organization.

ChatGPT:

The Institute for Domestic Economics and Financial 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 The Hum-drum Connection: Home Maintenance Spending and Humana's Stock Price with an abstract of This paper examines the unexpected relationship between annual US household spending on home maintenance and the stock price of Humana (HUM). Through the meticulous examination of data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), our research team uncovered a correlation coefficient of 0.9955473 and a p-value less than 0.01 for the time period spanning from 2002 to 2022. The findings unveil an intriguing link between the seemingly mundane world of household repairs and the rollercoaster ride of Humana's stock price, challenging traditional economic analysis and inspiring a wealth of home maintenance-related puns.

ChatGPT:

"Humana stock price correlation, home maintenance spending, US household spending, Bureau of Labor Statistics, LSEG Analytics, Refinitiv, stock price correlation coefficient, p-value, 2002-2022 data, economic analysis"

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

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

See what else correlates with Humana's stock price (HUM)

Correlation r = 0.9955473 (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 = 0.9911145 (Coefficient of determination)
This means 99.1% of the change in the one variable (i.e., Humana's stock price (HUM)) is predictable based on the change in the other (i.e., Annual US household spending on home maintenance) over the 21 years from 2002 through 2022.

p < 0.01, which is statistically significant(Null hypothesis significance test)
The p-value is 5.9E-21. 0.0000000000000000000059032559
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 1 in 5.9E-19% of random cases. Said differently, if you correlated 169,398,043,544,071,995,392 random variables You don't actually need 169 quintillion 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.

[ 0.99, 1 ] 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 home maintenance (Household spend)960965997110111151131117611381112112011531182129314381437161617031879215823352559
Humana's stock price (HUM) (Stock price)11.810.123.0529.8654.9155.4676.5137.3844.4355.0689.2169.74102.76144.95177.67202.87249.36283.31367.16417.82461.38




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.
  4. Y-axis doesn't start at zero: I truncated the Y-axes of the graph above. I also used a line graph, which makes the visual connection stand out more than it deserves. Nothing against line graphs. They are great at telling a story when you have linear data! But visually it is deceptive because the only data is at the points on the graph, not the lines on the graph. In between each point, the data could have been doing anything. Like going for a random walk by itself!
    Mathematically what I showed is true, but it is intentionally misleading. Below is the same chart but with both Y-axes starting at zero.




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([960,965,997,1101,1115,1131,1176,1138,1112,1120,1153,1182,1293,1438,1437,1616,1703,1879,2158,2335,2559,])
array_2 = np.array([11.8,10.1,23.05,29.86,54.91,55.46,76.51,37.38,44.43,55.06,89.21,69.74,102.76,144.95,177.67,202.87,249.36,283.31,367.16,417.82,461.38,])
array_1_name = "Annual US household spending on home maintenance"
array_2_name = "Humana's stock price (HUM)"

# 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: 3836 · Black Variable ID: 19906 · Red Variable ID: 1708
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