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Spurious correlation #3,990 · View random

A linear line chart with years as the X-axis and two variables on the Y-axis. The first variable is US Bottled Water Consumption per Person and the second variable is ONEOK's stock price (OKE).  The chart goes from 2002 to 2022, and the two variables track closely in value over that time. Small Image

AI explanation

As bottled water consumption per person in the US increases, people stay more hydrated leading to heightened cognitive abilities. This causes a spike in demand for natural gas, which is needed to power the plants that produce bottled water. ONEOK, being a major player in the natural gas industry, sees a surge in stock price as a result of this increased demand, quenching the thirst for profits.

Model: dalle-3
Prompt: Create an image that resembles a scene from 'Star Wars', depicting a bustling city street filled with futuristic structures and vehicles. People are seen carrying bottled water, while a large stock market ticker prominently displays ONEOK's stock price rising amidst a backdrop of towering skyscrapers and holographic advertisements. The scene should evoke a sense of advanced technology and a thriving, bustling urban environment. 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: US Bottled Water Consumption per Person and ONEOK's stock price (OKE). 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: A comic-book-style illustration with muted colors and a dotted halftone pattern from the 1960s Cute 2D animation Vaporwave An image that looks like it is a scene from 'Star Wars' Parallax art
ChatGPT: An image that looks like it is a scene from 'Star Wars'

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 US Bottled Water Consumption per Person and ONEOK's stock price (OKE), in the following situation: Because an increase in bottled water consumption leads to more empty plastic bottles, which are made from petrochemicals, increasing demand for products derived from natural gas and boosting ONEOK's stock price.. Keep the description simple.
ChatGPT: A busy city street with people carrying bottled water and a prominent stock market ticker displaying ONEOK's stock price rising as the demand for petrochemical products increases due to the higher consumption of bottled water.

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: [ An image that looks like it is a scene from 'Star Wars' ] and depicting this scene: A busy city street with people carrying bottled water and a prominent stock market ticker displaying ONEOK's stock price rising as the demand for petrochemical products increases due to the higher consumption of bottled water. Keep the visual depiction simple. Do not include any words or speech bubbles.
ChatGPT: Create an image that resembles a scene from 'Star Wars', depicting a bustling city street filled with futuristic structures and vehicles. People are seen carrying bottled water, while a large stock market ticker prominently displays ONEOK's stock price rising amidst a backdrop of towering skyscrapers and holographic advertisements. The scene should evoke a sense of advanced technology and a thriving, bustling urban environment.

*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 US Bottled Water Consumption per Person caused ONEOK's stock price (OKE) to increase.

AI academic paper

(Because p < 0.01)
Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync

The Journal of Quirky Finance and Beverage Studies

Jan 2024
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 US Bottled Water Consumption per Person and ONEOK's stock price (OKE). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences.

Rhyme words in the title.

Your research team used data from Statista and LSEG Analytics (Refinitiv) to assess this nagging question. You found a correlation coefficient of 0.8619464 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]]
Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync

[[ABSTRACT]]
Thirst-quenching delight meets market insight in our study examining the dynamic relationship between US bottled water consumption and ONEOK's stock price (OKE). With data sourced from Statista and LSEG Analytics (Refinitiv), we delved deep into the numerical currents to unravel this quench for correlation. Surprisingly, we found the correlation coefficient to be a whopping 0.8619464, and the p-value decisively below 0.01, unveiling a significant synergy between these two hitherto unrelated realms of existence.

As we immersed ourselves in the data, we witnessed these seemingly disparate entities ebbing and flowing in harmonic accord; and no, we're not just water under the bridge with this finding. Our results suggest that as US bottled water consumption rose, so did the stock price of ONEOK, swaying in unison like a synchronized swim team. It seems that the more Americans drink from their bottled oasis, the more investors dive into the ocean of opportunity represented by ONEOK's stock. Our findings hold true from 2002 all the way to 2022, making it clear that this connection isn't just a short-term trend—it's as enduring as a well-hydrated cactus.

To validate these findings, we even consulted a water sommelier who confirmed that "water has taste, terroir, and a story to tell," and perhaps, a tale to twine with the stock market. We believe this research not only offers valuable insights for investors, but also quenches the curiosity of those fascinated by the perplexing, yet strangely poetic connection between the humdrum of daily hydration and the frenzy of financial markets.


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 US Bottled Water Consumption per Person and ONEOK's stock price (OKE). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences.

Here is the title and abstract of the paper:
[[TITLE]]
Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync

[[ABSTRACT]]
Thirst-quenching delight meets market insight in our study examining the dynamic relationship between US bottled water consumption and ONEOK's stock price (OKE). With data sourced from Statista and LSEG Analytics (Refinitiv), we delved deep into the numerical currents to unravel this quench for correlation. Surprisingly, we found the correlation coefficient to be a whopping 0.8619464, and the p-value decisively below 0.01, unveiling a significant synergy between these two hitherto unrelated realms of existence.

As we immersed ourselves in the data, we witnessed these seemingly disparate entities ebbing and flowing in harmonic accord; and no, we're not just water under the bridge with this finding. Our results suggest that as US bottled water consumption rose, so did the stock price of ONEOK, swaying in unison like a synchronized swim team. It seems that the more Americans drink from their bottled oasis, the more investors dive into the ocean of opportunity represented by ONEOK's stock. Our findings hold true from 2002 all the way to 2022, making it clear that this connection isn't just a short-term trend—it's as enduring as a well-hydrated cactus.

To validate these findings, we even consulted a water sommelier who confirmed that "water has taste, terroir, and a story to tell," and perhaps, a tale to twine with the stock market. We believe this research not only offers valuable insights for investors, but also quenches the curiosity of those fascinated by the perplexing, yet strangely poetic connection between the humdrum of daily hydration and the frenzy of financial markets.

-------

Your response should start like this:

[[INTRODUCTION]]



ChatGPT:
[[INTRODUCTION]]

Water, water everywhere, and not a drop to drink—or so goes the saying. In the case of the United States, it seems that not only is there water to drink, but that drinking it has implications beyond just hydration. How so, you ask? Well, allow me to wet your appetite for knowledge as we dive into the curious correlation between US bottled water consumption per person and the stock price of ONEOK (OKE), because when it comes to market trends, it looks like the saying should be “where there’s water, there’s wealth”!

As we wade through the data, we aim to show that the flow of US bottled water consumption isn’t just a refreshing sight for parched throats—it also seems to have a ripple effect on OKE’s stock price, leaving investors jumping in feet first. Somewhere, a dad is joking about how OKE's stock price is making quite the splash!

Now, you might be thinking, “what does bottled water have to do with the stock market, and why ONEOK specifically?” Trust me, we had our doubts too; however, as the results poured in, they made quite a splash, showing a compelling linkage between US bottled water consumption and OKE's stock price. It’s as if the refreshing taste of water isn’t the only thing that’s making waves in the market these days.

As we dive into this refreshing topic, we can't help but remember that old adage “buy low, sell high”—but could it soon be changed to “sip high, invest by”? It certainly seems so, as our research indicates that the delightful increase in US bottled water consumption is mirrored by the rise in ONEOK's stock price, offering a rather unexpected twist on the classic investment wisdom.

So, join us as we delve deeper into this intriguing connection, and let’s hope that our findings make quite a splash in the wide ocean of economic and market research. After all, when it comes to this study, the puns and the correlation are flowing like water, and we can't help but be drawn into this liquid asset of knowledge.


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 US Bottled Water Consumption per Person and ONEOK's stock price (OKE). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences.

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

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

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

Here is the title and abstract of the paper:
[[TITLE]]
Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync

[[ABSTRACT]]
Thirst-quenching delight meets market insight in our study examining the dynamic relationship between US bottled water consumption and ONEOK's stock price (OKE). With data sourced from Statista and LSEG Analytics (Refinitiv), we delved deep into the numerical currents to unravel this quench for correlation. Surprisingly, we found the correlation coefficient to be a whopping 0.8619464, and the p-value decisively below 0.01, unveiling a significant synergy between these two hitherto unrelated realms of existence.

As we immersed ourselves in the data, we witnessed these seemingly disparate entities ebbing and flowing in harmonic accord; and no, we're not just water under the bridge with this finding. Our results suggest that as US bottled water consumption rose, so did the stock price of ONEOK, swaying in unison like a synchronized swim team. It seems that the more Americans drink from their bottled oasis, the more investors dive into the ocean of opportunity represented by ONEOK's stock. Our findings hold true from 2002 all the way to 2022, making it clear that this connection isn't just a short-term trend—it's as enduring as a well-hydrated cactus.

To validate these findings, we even consulted a water sommelier who confirmed that "water has taste, terroir, and a story to tell," and perhaps, a tale to twine with the stock market. We believe this research not only offers valuable insights for investors, but also quenches the curiosity of those fascinated by the perplexing, yet strangely poetic connection between the humdrum of daily hydration and the frenzy of financial markets.

-------

And here is the introduction section that led to this literature review:
[[INTRODUCTION]]
Water, water everywhere, and not a drop to drink—or so goes the saying. In the case of the United States, it seems that not only is there water to drink, but that drinking it has implications beyond just hydration. How so, you ask? Well, allow me to wet your appetite for knowledge as we dive into the curious correlation between US bottled water consumption per person and the stock price of ONEOK (OKE), because when it comes to market trends, it looks like the saying should be “where there’s water, there’s wealth”!
As we wade through the data, we aim to show that the flow of US bottled water consumption isn’t just a refreshing sight for parched throats—it also seems to have a ripple effect on OKE’s stock price, leaving investors jumping in feet first. Somewhere, a dad is joking about how OKE's stock price is making quite the splash!
Now, you might be thinking, “what does bottled water have to do with the stock market, and why ONEOK specifically?” Trust me, we had our doubts too; however, as the results poured in, they made quite a splash, showing a compelling linkage between US bottled water consumption and OKE's stock price. It’s as if the refreshing taste of water isn’t the only thing that’s making waves in the market these days.
As we dive into this refreshing topic, we can't help but remember that old adage “buy low, sell high”—but could it soon be changed to “sip high, invest by”? It certainly seems so, as our research indicates that the delightful increase in US bottled water consumption is mirrored by the rise in ONEOK's stock price, offering a rather unexpected twist on the classic investment wisdom.
So, join us as we delve deeper into this intriguing connection, and let’s hope that our findings make quite a splash in the wide ocean of economic and market research. After all, when it comes to this study, the puns and the correlation are flowing like water, and we can't help but be drawn into this liquid asset of knowledge.

-------

Your response should start like this:

[[LITERATURE REVIEW]]



ChatGPT:
[[LITERATURE REVIEW]]

For centuries, the connection between consumer behavior and stock market performance has been a subject of interest for researchers and investors alike. In "The Economics of Consumer Behavior," Smith and Doe explore the intricate relationship between consumption patterns and their impact on financial markets, shedding light on the profound influence of consumer choices on investment decisions. Little did they know, a simple sip of bottled water could hold the key to unlocking market patterns.

Jones and Smith, in "Market Dynamics: Unveiling the Mysteries of Stock Prices," delve into the complexities of stock price movements, attributing them to a myriad of economic, political, and social factors. Their comprehensive analysis touches on the impact of various industries on stock performance, but remarkably, the bottled water industry is often left unexplored. As they say, sometimes the most profound discoveries are right under our noses—or in this case, in the hands of consumers.

Moving from the realm of rigorous economic analysis to the vast expanse of non-fiction literature, we encounter "Bottled and Sold: The Story Behind Our Obsession with Bottled Water" by Charles Fishman and "The Big Thirst: The Secret Life and Turbulent Future of Water" by Charles Fishman, exploring the cultural, environmental, and economic context of the bottled water phenomenon. While these books offer valuable insights into the societal trends surrounding bottled water, they inadvertently overlook its potential impact on stock prices—leaving a refreshing opportunity for our research to make a splash.

On the fictitious front, "The Water Knife" by Paolo Bacigalupi and "The Drowned World" by J.G. Ballard conjure fictional worlds where water scarcity and its societal implications take center stage. While these literary works offer compelling narratives, they leave the financial implications of water-related trends unexplored. However, in the world of market research, our findings aim to fill this intriguing void, adding a splash of reality to the speculative waters of fiction.

Drawing from unexpected sources, we turn our attention to playful cartoons and children's shows for inspiration. In the spirit of exploration, "SpongeBob SquarePants" and "Captain Planet and the Planeteers" provide lighthearted yet insightful reflections on environmental stewardship and the dissemination of important messages about the value of natural resources. While they may not directly address stock market dynamics, their thematic relevance to water conservation and consumption serves as a reminder of the broader implications of our research. Plus, who doesn't love a good dose of nostalgia and laughter amidst the sea of data analysis?

As we navigate through the vast ocean of literature and media, it becomes evident that the intersection of bottled water consumption and stock prices is not just a drop in the bucket—it’s a tidal wave of potential correlations waiting to be surfed. With a light-hearted yet rigorous approach, we aim to contribute to this body of knowledge by making a "wave" of our own in the academic and financial arenas.


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 US Bottled Water Consumption per Person and ONEOK's stock price (OKE). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences.

Your research team collected data from all across the internet, but mostly just used information from Statista and LSEG Analytics (Refinitiv) . You used data from 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]]
Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync

[[ABSTRACT]]
Thirst-quenching delight meets market insight in our study examining the dynamic relationship between US bottled water consumption and ONEOK's stock price (OKE). With data sourced from Statista and LSEG Analytics (Refinitiv), we delved deep into the numerical currents to unravel this quench for correlation. Surprisingly, we found the correlation coefficient to be a whopping 0.8619464, and the p-value decisively below 0.01, unveiling a significant synergy between these two hitherto unrelated realms of existence.

As we immersed ourselves in the data, we witnessed these seemingly disparate entities ebbing and flowing in harmonic accord; and no, we're not just water under the bridge with this finding. Our results suggest that as US bottled water consumption rose, so did the stock price of ONEOK, swaying in unison like a synchronized swim team. It seems that the more Americans drink from their bottled oasis, the more investors dive into the ocean of opportunity represented by ONEOK's stock. Our findings hold true from 2002 all the way to 2022, making it clear that this connection isn't just a short-term trend—it's as enduring as a well-hydrated cactus.

To validate these findings, we even consulted a water sommelier who confirmed that "water has taste, terroir, and a story to tell," and perhaps, a tale to twine with the stock market. We believe this research not only offers valuable insights for investors, but also quenches the curiosity of those fascinated by the perplexing, yet strangely poetic connection between the humdrum of daily hydration and the frenzy of financial markets.

[[INTRODUCTION]]
Water, water everywhere, and not a drop to drink—or so goes the saying. In the case of the United States, it seems that not only is there water to drink, but that drinking it has implications beyond just hydration. How so, you ask? Well, allow me to wet your appetite for knowledge as we dive into the curious correlation between US bottled water consumption per person and the stock price of ONEOK (OKE), because when it comes to market trends, it looks like the saying should be “where there’s water, there’s wealth”!
As we wade through the data, we aim to show that the flow of US bottled water consumption isn’t just a refreshing sight for parched throats—it also seems to have a ripple effect on OKE’s stock price, leaving investors jumping in feet first. Somewhere, a dad is joking about how OKE's stock price is making quite the splash!
Now, you might be thinking, “what does bottled water have to do with the stock market, and why ONEOK specifically?” Trust me, we had our doubts too; however, as the results poured in, they made quite a splash, showing a compelling linkage between US bottled water consumption and OKE's stock price. It’s as if the refreshing taste of water isn’t the only thing that’s making waves in the market these days.
As we dive into this refreshing topic, we can't help but remember that old adage “buy low, sell high”—but could it soon be changed to “sip high, invest by”? It certainly seems so, as our research indicates that the delightful increase in US bottled water consumption is mirrored by the rise in ONEOK's stock price, offering a rather unexpected twist on the classic investment wisdom.
So, join us as we delve deeper into this intriguing connection, and let’s hope that our findings make quite a splash in the wide ocean of economic and market research. After all, when it comes to this study, the puns and the correlation are flowing like water, and we can't help but be drawn into this liquid asset of knowledge.

-------

Your response should start like this:

[[METHODOLOGY]]



ChatGPT:

[[METHODOLOGY]]

To begin our watery expedition into the interplay between US bottled water consumption and ONEOK's stock price, our research team embarked on a journey through the digital currents of data. We cast our net wide, encompassing the years 2002 to 2022, and snatched numerical nuggets from the depths of Statista and LSEG Analytics (Refinitiv). Like fishermen seeking the catch of the day, we carefully selected our prey—uh, data points—ensuring that our sample was a well-blended concoction of statistics without any added stock market seaweed. Our approach was as meticulous as a master mixologist crafting the perfect cocktail, selecting only the finest ingredients to quench our thirst for knowledge.

After reeling in our data haul, we engaged in an intricate dance with the numbers, akin to a synchronized swim team gliding through the oceans of correlation analysis. We first calculated the correlation coefficient between US bottled water consumption per person and ONEOK's stock price, which, to our astonishment, revealed a coefficient of 0.8619464. This coefficient mirrored a harmonious waltz between the two variables, suggesting a strong positive correlation akin to a perfect sip paired with a gourmet meal.

Next, we conducted a rigorous test of statistical significance, resulting in a p-value decisively below 0.01. This outcome validated the robustness of our findings and solidified the notion that the relationship between US bottled water consumption and ONEOK's stock price is not merely a chance encounter, but rather a significant synergy that would make even the most jaded stockbroker raise an eyebrow—perhaps even over a bottled water toast.

We didn't stop with just the numerical spelunking, though. To add a twist to our refreshing findings, we sought the insights of a water sommelier, who confirmed that water indeed has taste, terroir, and a story to tell. Armed with this revelation, we proceeded to spin a narrative of correlation between the seemingly mundane act of hydration and the pulsating heartbeat of the stock market. Our approach was as unconventional as pairing a fine Cabernet Sauvignon with fish and chips, yet just as satisfying in its revelatory nature.

In summary, our methodology resembled a refreshing blend of exacting data collection, statistical analysis, and a dash of unconventional expert consultation, resulting in an intoxicating potion of findings that pour-ty a compelling tale of correlation between US bottled water consumption and ONEOK's stock price. We trust that our methodology sets the stage for future research to dive deeper into the oceans of market correlation, rendering our findings as crystal clear as a mountain spring.


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 US Bottled Water Consumption per Person and ONEOK's stock price (OKE). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences.

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

For the time period 2002 to 2022, you found a correlation 0.8619464, r-squared of 0.7429516, 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]]
Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync

[[ABSTRACT]]
Thirst-quenching delight meets market insight in our study examining the dynamic relationship between US bottled water consumption and ONEOK's stock price (OKE). With data sourced from Statista and LSEG Analytics (Refinitiv), we delved deep into the numerical currents to unravel this quench for correlation. Surprisingly, we found the correlation coefficient to be a whopping 0.8619464, and the p-value decisively below 0.01, unveiling a significant synergy between these two hitherto unrelated realms of existence.

As we immersed ourselves in the data, we witnessed these seemingly disparate entities ebbing and flowing in harmonic accord; and no, we're not just water under the bridge with this finding. Our results suggest that as US bottled water consumption rose, so did the stock price of ONEOK, swaying in unison like a synchronized swim team. It seems that the more Americans drink from their bottled oasis, the more investors dive into the ocean of opportunity represented by ONEOK's stock. Our findings hold true from 2002 all the way to 2022, making it clear that this connection isn't just a short-term trend—it's as enduring as a well-hydrated cactus.

To validate these findings, we even consulted a water sommelier who confirmed that "water has taste, terroir, and a story to tell," and perhaps, a tale to twine with the stock market. We believe this research not only offers valuable insights for investors, but also quenches the curiosity of those fascinated by the perplexing, yet strangely poetic connection between the humdrum of daily hydration and the frenzy of financial markets.

-------

And here is the methodology section that led to this result:
[[METHODOLOGY]]
Water, water everywhere, and not a drop to drink—or so goes the saying. In the case of the United States, it seems that not only is there water to drink, but that drinking it has implications beyond just hydration. How so, you ask? Well, allow me to wet your appetite for knowledge as we dive into the curious correlation between US bottled water consumption per person and the stock price of ONEOK (OKE), because when it comes to market trends, it looks like the saying should be “where there’s water, there’s wealth”!
As we wade through the data, we aim to show that the flow of US bottled water consumption isn’t just a refreshing sight for parched throats—it also seems to have a ripple effect on OKE’s stock price, leaving investors jumping in feet first. Somewhere, a dad is joking about how OKE's stock price is making quite the splash!
Now, you might be thinking, “what does bottled water have to do with the stock market, and why ONEOK specifically?” Trust me, we had our doubts too; however, as the results poured in, they made quite a splash, showing a compelling linkage between US bottled water consumption and OKE's stock price. It’s as if the refreshing taste of water isn’t the only thing that’s making waves in the market these days.
As we dive into this refreshing topic, we can't help but remember that old adage “buy low, sell high”—but could it soon be changed to “sip high, invest by”? It certainly seems so, as our research indicates that the delightful increase in US bottled water consumption is mirrored by the rise in ONEOK's stock price, offering a rather unexpected twist on the classic investment wisdom.
So, join us as we delve deeper into this intriguing connection, and let’s hope that our findings make quite a splash in the wide ocean of economic and market research. After all, when it comes to this study, the puns and the correlation are flowing like water, and we can't help but be drawn into this liquid asset of knowledge.

-------

Your response should start like this:

[[RESULTS]]



ChatGPT:

[[RESULTS]]

The correlation analysis between US bottled water consumption per person and ONEOK's stock price (OKE) revealed a striking correlation coefficient of 0.8619464, indicating a strong positive relationship between these two variables. This correlation, humorously referred to by our team as the "H2-Oh My Gosh" effect, suggests a synchronized surge in US bottled water consumption and OKE's stock price, bubbling up a financial connection previously unseen.

The calculated r-squared value of 0.7429516 indicates that approximately 74.30% of the variability in ONEOK's stock price can be explained by changes in US bottled water consumption. It seems that the more Americans gulp down their favorite refreshment, the more OKE's stock price is on a liquid diet too.

Further, with a p-value of less than 0.01, we confidently reject the null hypothesis and support the existence of a statistically significant relationship between these two variables. This finding pours cold water on any doubts about the robustness of this association. It's clear that when it comes to quenching thirst and buoying stock prices, there's more than just a drop in the bucket of evidence.

Our Figure 1 scatterplot visually captures the stunning synchronization between US bottled water consumption and ONEOK's stock price. Like a well-timed dance routine, the data points gracefully move in step, depicting the harmonious dance of liquid consumption and market performance.

In summation, this research unearths an unexpected link between the simple act of hydrating and the fluctuations of the stock market. With a correlation as clear as still water, this study not only quenches the thirst for knowledge but also leaves us pondering the depths of relationships that defy conventional wisdom.


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 US Bottled Water Consumption per Person and ONEOK's stock price (OKE). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences.

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]]
Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync

[[ABSTRACT]]
Thirst-quenching delight meets market insight in our study examining the dynamic relationship between US bottled water consumption and ONEOK's stock price (OKE). With data sourced from Statista and LSEG Analytics (Refinitiv), we delved deep into the numerical currents to unravel this quench for correlation. Surprisingly, we found the correlation coefficient to be a whopping 0.8619464, and the p-value decisively below 0.01, unveiling a significant synergy between these two hitherto unrelated realms of existence.

As we immersed ourselves in the data, we witnessed these seemingly disparate entities ebbing and flowing in harmonic accord; and no, we're not just water under the bridge with this finding. Our results suggest that as US bottled water consumption rose, so did the stock price of ONEOK, swaying in unison like a synchronized swim team. It seems that the more Americans drink from their bottled oasis, the more investors dive into the ocean of opportunity represented by ONEOK's stock. Our findings hold true from 2002 all the way to 2022, making it clear that this connection isn't just a short-term trend—it's as enduring as a well-hydrated cactus.

To validate these findings, we even consulted a water sommelier who confirmed that "water has taste, terroir, and a story to tell," and perhaps, a tale to twine with the stock market. We believe this research not only offers valuable insights for investors, but also quenches the curiosity of those fascinated by the perplexing, yet strangely poetic connection between the humdrum of daily hydration and the frenzy of financial markets.

[[LITERATURE REVIEW]]
For centuries, the connection between consumer behavior and stock market performance has been a subject of interest for researchers and investors alike. In "The Economics of Consumer Behavior," Smith and Doe explore the intricate relationship between consumption patterns and their impact on financial markets, shedding light on the profound influence of consumer choices on investment decisions. Little did they know, a simple sip of bottled water could hold the key to unlocking market patterns.
Jones and Smith, in "Market Dynamics: Unveiling the Mysteries of Stock Prices," delve into the complexities of stock price movements, attributing them to a myriad of economic, political, and social factors. Their comprehensive analysis touches on the impact of various industries on stock performance, but remarkably, the bottled water industry is often left unexplored. As they say, sometimes the most profound discoveries are right under our noses—or in this case, in the hands of consumers.
Moving from the realm of rigorous economic analysis to the vast expanse of non-fiction literature, we encounter "Bottled and Sold: The Story Behind Our Obsession with Bottled Water" by Charles Fishman and "The Big Thirst: The Secret Life and Turbulent Future of Water" by Charles Fishman, exploring the cultural, environmental, and economic context of the bottled water phenomenon. While these books offer valuable insights into the societal trends surrounding bottled water, they inadvertently overlook its potential impact on stock prices—leaving a refreshing opportunity for our research to make a splash.
On the fictitious front, "The Water Knife" by Paolo Bacigalupi and "The Drowned World" by J.G. Ballard conjure fictional worlds where water scarcity and its societal implications take center stage. While these literary works offer compelling narratives, they leave the financial implications of water-related trends unexplored. However, in the world of market research, our findings aim to fill this intriguing void, adding a splash of reality to the speculative waters of fiction.
Drawing from unexpected sources, we turn our attention to playful cartoons and children's shows for inspiration. In the spirit of exploration, "SpongeBob SquarePants" and "Captain Planet and the Planeteers" provide lighthearted yet insightful reflections on environmental stewardship and the dissemination of important messages about the value of natural resources. While they may not directly address stock market dynamics, their thematic relevance to water conservation and consumption serves as a reminder of the broader implications of our research. Plus, who doesn't love a good dose of nostalgia and laughter amidst the sea of data analysis?
As we navigate through the vast ocean of literature and media, it becomes evident that the intersection of bottled water consumption and stock prices is not just a drop in the bucket—it’s a tidal wave of potential correlations waiting to be surfed. With a light-hearted yet rigorous approach, we aim to contribute to this body of knowledge by making a "wave" of our own in the academic and financial arenas.

[[RESULTS]]
The correlation analysis between US bottled water consumption per person and ONEOK's stock price (OKE) revealed a striking correlation coefficient of 0.8619464, indicating a strong positive relationship between these two variables. This correlation, humorously referred to by our team as the "H2-Oh My Gosh" effect, suggests a synchronized surge in US bottled water consumption and OKE's stock price, bubbling up a financial connection previously unseen.
The calculated r-squared value of 0.7429516 indicates that approximately 74.30% of the variability in ONEOK's stock price can be explained by changes in US bottled water consumption. It seems that the more Americans gulp down their favorite refreshment, the more OKE's stock price is on a liquid diet too.
Further, with a p-value of less than 0.01, we confidently reject the null hypothesis and support the existence of a statistically significant relationship between these two variables. This finding pours cold water on any doubts about the robustness of this association. It's clear that when it comes to quenching thirst and buoying stock prices, there's more than just a drop in the bucket of evidence.
Our Figure 1 scatterplot visually captures the stunning synchronization between US bottled water consumption and ONEOK's stock price. Like a well-timed dance routine, the data points gracefully move in step, depicting the harmonious dance of liquid consumption and market performance.
In summation, this research unearths an unexpected link between the simple act of hydrating and the fluctuations of the stock market. With a correlation as clear as still water, this study not only quenches the thirst for knowledge but also leaves us pondering the depths of relationships that defy conventional wisdom.

-------

Your response should start like this:

[[DISCUSSION]]



ChatGPT:

[[DISCUSSION]]

Our results have left us awash with excitement as we wade into the deep waters of the connection between US bottled water consumption and ONEOK's stock price. The striking correlation coefficient of 0.8619464 not only flooded us with surprise but also soaked the skeptics who might have thought this was all just "water under the bridge." It's clear that there's more to this relationship than meets the eye—after all, it's not every day that you come across such a refreshing correlation!

The "H2-Oh My Gosh" effect, as we fondly dubbed it, seems to hold true to the findings of previous researchers who have explored the fascinating interplay between consumer behavior and stock market dynamics. Smith and Doe's work on the economics of consumer behavior speaks to the far-reaching impact of consumer choices on investment decisions, and our results further support this notion, albeit in a most quenching manner. Who would've thought that a simple bottle of water could hold such stock market sway? It's enough to make even the most seasoned investor do a double take!

Our findings also align with the work of Jones and Smith, who identified the influence of various industries on stock performance. While they might not have turned their gaze specifically to the bottled water industry, our research fills this gap by making a splash and showing that even the most seemingly mundane consumer choices can ripple through the financial markets in unexpected ways. As they say, sometimes the most profound discoveries are right under our noses—or in this case, in the hands of consumers quenching their thirst.

The significant relationship unearthed in our study not only provides valuable insights for investors but also adds a drop of curiosity to the perplexing, yet strangely poetic connection between the humdrum of daily hydration and the frenzy of financial markets. Just like a well-crafted dad joke, the correlation between US bottled water consumption and ONEOK's stock price is both surprising and delightful, leaving everyone wondering how they've been missing out on this refreshing connection all along.

In the grand sea of economic analysis, the "H2-Oh My Gosh" effect is a tidal wave of potential correlations waiting to be surfed, adding a refreshing twist to the well-traveled path of market research. With a light-hearted yet rigorous approach, we've made a "wave" of our own in the academic and financial arenas, demonstrating that sometimes, the most unexpected connections can hold the most profound truths.

Stay tuned for more refreshing updates as we continue to dive into the depths of this aqueous alliance between consumer behaviors and market movements—after all, the truth might just be bubbling beneath the surface, waiting for us to catch the wave of insight!


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 US Bottled Water Consumption per Person and ONEOK's stock price (OKE). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences.

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]]
Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync

[[ABSTRACT]]
Thirst-quenching delight meets market insight in our study examining the dynamic relationship between US bottled water consumption and ONEOK's stock price (OKE). With data sourced from Statista and LSEG Analytics (Refinitiv), we delved deep into the numerical currents to unravel this quench for correlation. Surprisingly, we found the correlation coefficient to be a whopping 0.8619464, and the p-value decisively below 0.01, unveiling a significant synergy between these two hitherto unrelated realms of existence.

As we immersed ourselves in the data, we witnessed these seemingly disparate entities ebbing and flowing in harmonic accord; and no, we're not just water under the bridge with this finding. Our results suggest that as US bottled water consumption rose, so did the stock price of ONEOK, swaying in unison like a synchronized swim team. It seems that the more Americans drink from their bottled oasis, the more investors dive into the ocean of opportunity represented by ONEOK's stock. Our findings hold true from 2002 all the way to 2022, making it clear that this connection isn't just a short-term trend—it's as enduring as a well-hydrated cactus.

To validate these findings, we even consulted a water sommelier who confirmed that "water has taste, terroir, and a story to tell," and perhaps, a tale to twine with the stock market. We believe this research not only offers valuable insights for investors, but also quenches the curiosity of those fascinated by the perplexing, yet strangely poetic connection between the humdrum of daily hydration and the frenzy of financial markets.

[[INTRDUCTION]]
Water, water everywhere, and not a drop to drink—or so goes the saying. In the case of the United States, it seems that not only is there water to drink, but that drinking it has implications beyond just hydration. How so, you ask? Well, allow me to wet your appetite for knowledge as we dive into the curious correlation between US bottled water consumption per person and the stock price of ONEOK (OKE), because when it comes to market trends, it looks like the saying should be “where there’s water, there’s wealth”!
As we wade through the data, we aim to show that the flow of US bottled water consumption isn’t just a refreshing sight for parched throats—it also seems to have a ripple effect on OKE’s stock price, leaving investors jumping in feet first. Somewhere, a dad is joking about how OKE's stock price is making quite the splash!
Now, you might be thinking, “what does bottled water have to do with the stock market, and why ONEOK specifically?” Trust me, we had our doubts too; however, as the results poured in, they made quite a splash, showing a compelling linkage between US bottled water consumption and OKE's stock price. It’s as if the refreshing taste of water isn’t the only thing that’s making waves in the market these days.
As we dive into this refreshing topic, we can't help but remember that old adage “buy low, sell high”—but could it soon be changed to “sip high, invest by”? It certainly seems so, as our research indicates that the delightful increase in US bottled water consumption is mirrored by the rise in ONEOK's stock price, offering a rather unexpected twist on the classic investment wisdom.
So, join us as we delve deeper into this intriguing connection, and let’s hope that our findings make quite a splash in the wide ocean of economic and market research. After all, when it comes to this study, the puns and the correlation are flowing like water, and we can't help but be drawn into this liquid asset of knowledge.

[[RESULTS]]
The correlation analysis between US bottled water consumption per person and ONEOK's stock price (OKE) revealed a striking correlation coefficient of 0.8619464, indicating a strong positive relationship between these two variables. This correlation, humorously referred to by our team as the "H2-Oh My Gosh" effect, suggests a synchronized surge in US bottled water consumption and OKE's stock price, bubbling up a financial connection previously unseen.
The calculated r-squared value of 0.7429516 indicates that approximately 74.30% of the variability in ONEOK's stock price can be explained by changes in US bottled water consumption. It seems that the more Americans gulp down their favorite refreshment, the more OKE's stock price is on a liquid diet too.
Further, with a p-value of less than 0.01, we confidently reject the null hypothesis and support the existence of a statistically significant relationship between these two variables. This finding pours cold water on any doubts about the robustness of this association. It's clear that when it comes to quenching thirst and buoying stock prices, there's more than just a drop in the bucket of evidence.
Our Figure 1 scatterplot visually captures the stunning synchronization between US bottled water consumption and ONEOK's stock price. Like a well-timed dance routine, the data points gracefully move in step, depicting the harmonious dance of liquid consumption and market performance.
In summation, this research unearths an unexpected link between the simple act of hydrating and the fluctuations of the stock market. With a correlation as clear as still water, this study not only quenches the thirst for knowledge but also leaves us pondering the depths of relationships that defy conventional wisdom.

-------

Your response should start like this:

[[CONCLUSION]]



ChatGPT:

[[CONCLUSION]]

In conclusion, our study reveals a refreshing and financially invigorating association between US bottled water consumption per person and ONEOK's stock price (OKE). The strong positive correlation between these seemingly unrelated variables not only quenches our thirst for knowledge but also sparks a wave of curiosity regarding the intricate interplay of hydration and financial markets. It appears that when it comes to investment trends, being "well-hydrated" might just hold the key to riding the crest of market waves - H2-O, the possibilities!

Our findings suggest that as US bottled water consumption per person rises, so does the stock price of ONEOK, deluging investors with a clear signal of potential market movements. It seems that in today's market, staying hydrated isn't just good for your health, but also for your investment portfolio. Perhaps it's time for investors to dive into the ocean of opportunity represented by ONEOK's stock and make a "splash" in their financial endeavors.

Our research not only uncovers this watertight relationship but also underscores the value of exploring unconventional connections in the financial world. As we close the tap on this study, it's clear that the linkage between something as ordinary as bottled water consumption and the performance of a stock like ONEOK is a testament to the captivAqua-ting complexities of market dynamics.

Therefore, we assert with the sternness of a disappointed father that no further research is needed in this area. It seems that our findings have truly bottled up the essence of this correlation, and any additional exploration would be like trying to find a needle in a stack of waterlogged haystacks. It's time to raise our glasses, not just in celebration of our research, but also in acknowledgment of the unyielding truth - there's no need to pour over this topic any longer!


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 Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync. Respond only with the name of a fictional academic journal.

ChatGPT:

The Journal of Quirky Finance and Beverage 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 Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync. Respond only with the name of a fictional organization.

ChatGPT:

The Institute for Beverage Market Analytics


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 Pour-fection Connection: US Bottled Water Consumption and ONEOK's Stock Roaring in Sync with an abstract of Thirst-quenching delight meets market insight in our study examining the dynamic relationship between US bottled water consumption and ONEOK's stock price (OKE). With data sourced from Statista and LSEG Analytics (Refinitiv), we delved deep into the numerical currents to unravel this quench for correlation. Surprisingly, we found the correlation coefficient to be a whopping 0.8619464, and the p-value decisively below 0.01, unveiling a significant synergy between these two hitherto unrelated realms of existence.
As we immersed ourselves in the data, we witnessed these seemingly disparate entities ebbing and flowing in harmonic accord; and no, we're not just water under the bridge with this finding. Our results suggest that as US bottled water consumption rose, so did the stock price of ONEOK, swaying in unison like a synchronized swim team. It seems that the more Americans drink from their bottled oasis, the more investors dive into the ocean of opportunity represented by ONEOK's stock. Our findings hold true from 2002 all the way to 2022, making it clear that this connection isn't just a short-term trend—it's as enduring as a well-hydrated cactus.
To validate these findings, we even consulted a water sommelier who confirmed that "water has taste, terroir, and a story to tell," and perhaps, a tale to twine with the stock market. We believe this research not only offers valuable insights for investors, but also quenches the curiosity of those fascinated by the perplexing, yet strangely poetic connection between the humdrum of daily hydration and the frenzy of financial markets.

ChatGPT:

US bottled water consumption, ONEOK stock price correlation, correlation coefficient, p-value, Statista data, LSEG Analytics data, US bottled water consumption trend, ONEOK stock price trend, synchronized movements, investment opportunities, water sommelier perspective, impact of bottled water consumption on stock market

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



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Data details

US Bottled Water Consumption per Person
Source: Statista
See what else correlates with US Bottled Water Consumption per Person

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

See what else correlates with ONEOK's stock price (OKE)

Correlation r = 0.8619464 (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 = 0.7429516 (Coefficient of determination)
This means 74.3% of the change in the one variable (i.e., ONEOK's stock price (OKE)) is predictable based on the change in the other (i.e., US Bottled Water Consumption per Person) over the 21 years from 2002 through 2022.

p < 0.01, which is statistically significant(Null hypothesis significance test)
The p-value is 5.1E-7. 0.0000005123949997824700000000
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 0.86 in 5.1E-5% of random cases. Said differently, if you correlated 1,951,619 random variables You don't actually need 1 million variables to find a correlation like this one. I don't have that many variables in my database. You can also correlate variables that are not independent. I do this a lot.

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

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

Just to be clear: I'm being completely transparent about the calculations. There is no math trickery. This is just how statistics shakes out when you calculate hundreds of millions of random correlations.
with the same 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.

[ 0.69, 0.94 ] 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
US Bottled Water Consumption per Person (Gallons)20.121.623.225.427.62928.527.628.329.230.83234.136.5394242.34445.24746.5
ONEOK's stock price (OKE) (Stock price)7.878.439.712.4811.7618.9819.5612.7919.6524.4438.5237.9454.4149.924.6658.1453.7653.0575.923958.96




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([20.1,21.6,23.2,25.4,27.6,29,28.5,27.6,28.3,29.2,30.8,32,34.1,36.5,39,42,42.3,44,45.2,47,46.5,])
array_2 = np.array([7.87,8.43,9.7,12.48,11.76,18.98,19.56,12.79,19.65,24.44,38.52,37.94,54.41,49.9,24.66,58.14,53.76,53.05,75.92,39,58.96,])
array_1_name = "US Bottled Water Consumption per Person"
array_2_name = "ONEOK's stock price (OKE)"

# 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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When spoken, my last name is pronounced "vegan," like I don't eat meat.

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