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Spurious correlation #1,271 · View random

A linear line chart with years as the X-axis and two variables on the Y-axis. The first variable is Sales of LP/Vinyl Albums and the second variable is Micron Technology's stock price (MU).  The chart goes from 2002 to 2022, and the two variables track closely in value over that time. Small Image
Download png
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AI explanation

As LP/vinyl album sales increased, more people dusted off their old record players, leading to a demand for outdated technology. This surge in demand for old tech made investors realize that sometimes the best way to move forward is to take a spin backward, causing an uptick in Micron Technology's stock price. It seems like in the stock market, the 'groovier' the connection, the higher the price goes!

Model: dalle-3
Prompt: Prompt for DALL-E 3: Create an image of a bustling city scene with a focus on a high-tech record store. The store exudes a warm, nostalgic glow and is filled with rows of LPs and vinyl albums. Customers are seen eagerly flipping through the records, while a group of investors gathers around a vintage jukebox. Their eyes are filled with excitement as they monitor Micron Technology's stock price on their phones. The scene should capture the harmonious blend of old-school charm and modern success in a visually captivating way. The depiction should include only scenes, people, and objects, it should not include text or speech bubbles.
This image generation prompt was also generated by AI, using the following sequence:

Model: gpt-3.5-turbo-1106
System prompt: You select one of a few potential scene descriptors that seems to go along with the variables described. You respond only with the scene descriptions provided and say nothing else.
User prompt: Here are two variables: Sales of LP/Vinyl Albums and Micron Technology's stock price (MU). 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: Steampunk A TIME magazine cover image A TIME magazine cover image High-tech inspired by bauhaus
ChatGPT: High-tech

Model: gpt-3.5-turbo-1106
System prompt: You describe simple visual scenes that depict the two variables stated. You combine both variables into one scene.
User prompt: Please describe a visual scene that prominently depicts both Sales of LP/Vinyl Albums and Micron Technology's stock price (MU), in the following situation: As the nostalgic sound of old-school music filled the air, it also resonated with investors, reminding them of the "good ol' days" of booming technology and inspiring confidence in the future of Micron Technology. It's like the stock market decided to spin a vinyl of success!. Keep the description simple.
ChatGPT: In the bustling city, a record store radiates with a warm, nostalgic glow as customers eagerly flip through rows of LPs and vinyl albums. Amidst the melodic hum of old-school tunes, a group of investors gather around a vintage jukebox, their eyes alight with excitement as they monitor Micron Technology's stock price on their phones. The sound of the music mirrors the rising confidence in the company, creating a harmonious symphony of old-school charm and modern success.

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: [ High-tech ] and depicting this scene: In the bustling city, a record store radiates with a warm, nostalgic glow as customers eagerly flip through rows of LPs and vinyl albums. Amidst the melodic hum of old-school tunes, a group of investors gather around a vintage jukebox, their eyes alight with excitement as they monitor Micron Technology's stock price on their phones. The sound of the music mirrors the rising confidence in the company, creating a harmonious symphony of old-school charm and modern success. Keep the visual depiction simple. Do not include any words or speech bubbles.
ChatGPT: Prompt for DALL-E 3: Create an image of a bustling city scene with a focus on a high-tech record store. The store exudes a warm, nostalgic glow and is filled with rows of LPs and vinyl albums. Customers are seen eagerly flipping through the records, while a group of investors gathers around a vintage jukebox. Their eyes are filled with excitement as they monitor Micron Technology's stock price on their phones. The scene should capture the harmonious blend of old-school charm and modern success in a visually captivating way.

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

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

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

AI academic paper

(Because p < 0.01)
Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price

The Journal of Financial Harmonies

Jan 2024

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




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

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

Include a pun 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 0.9236555 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]]
Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price

[[ABSTRACT]]
The increasing popularity of LP/vinyl albums in the digital age has raised eyebrows and turntables. Many have wondered if there is a melodic harmony between the sales of LP/vinyl albums and the stock prices of technology giants. In this paper, we set out to answer that question using data from Statista and LSEG Analytics (Refinitiv). Our analysis revealed a surprising connection between the sales of LP/vinyl albums and Micron Technology's stock price (MU).

With a correlation coefficient of 0.9236555 and p < 0.01 for the period from 2002 to 2022, the results struck a chord with our research team. This strong correlation suggests that there may be more to LP/vinyl albums than just nostalgia - they might be spinning profits for investors. One might say, the "sound" of LP/vinyl sales is music to Micron Technology's stockholders' ears!

Our findings shed light on the potential influence of retro music formats on the stock market, adding a new dimension to the oft-quoted phrase "oldies but goodies." As we further explore this unique relationship, it's clear that the intersection of vintage tunes and modern technology may be more than just a spin-off. This research calls for a fresh approach to understanding market dynamics, as it seems the old adage holds true: the LP/vinyl truly is a record-breaking investment!


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

Please make up the introduction section of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and Micron Technology's stock price (MU). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences. Stay serious and dry most of the time, but then occasionally let your wit shine through.

Here is the title and abstract of the paper:
[[TITLE]]
Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price

[[ABSTRACT]]
The increasing popularity of LP/vinyl albums in the digital age has raised eyebrows and turntables. Many have wondered if there is a melodic harmony between the sales of LP/vinyl albums and the stock prices of technology giants. In this paper, we set out to answer that question using data from Statista and LSEG Analytics (Refinitiv). Our analysis revealed a surprising connection between the sales of LP/vinyl albums and Micron Technology's stock price (MU).

With a correlation coefficient of 0.9236555 and p < 0.01 for the period from 2002 to 2022, the results struck a chord with our research team. This strong correlation suggests that there may be more to LP/vinyl albums than just nostalgia - they might be spinning profits for investors. One might say, the "sound" of LP/vinyl sales is music to Micron Technology's stockholders' ears!

Our findings shed light on the potential influence of retro music formats on the stock market, adding a new dimension to the oft-quoted phrase "oldies but goodies." As we further explore this unique relationship, it's clear that the intersection of vintage tunes and modern technology may be more than just a spin-off. This research calls for a fresh approach to understanding market dynamics, as it seems the old adage holds true: the LP/vinyl truly is a record-breaking investment!

-------

Your response should start like this:

[[INTRODUCTION]]



ChatGPT:
[[INTRODUCTION]]

The relationship between LP/vinyl album sales and stock prices has long been a topic of interest, often overshadowed by more conventional market analyses. What many have dismissed as a mere footnote in economic trends has, in fact, been quietly spinning its way through the financial world. Our research sets out to uncover the surprising link between the rhythmic beats of LP/vinyl sales and the steady rise of Micron Technology's stock price, much to the beat of every audiophile's heart.

Unearthing hidden connections in seemingly disparate industries is akin to finding a hidden track on a well-played vinyl album - both require a keen ear and a sharp eye. One might say that this research aims to turn down the noise and focus on the "records" that really matter in the financial markets.

As we dig into the data, it becomes clear that this unexpected correlation between vintage music sales and a tech giant brings a new meaning to the phrase "vintage is the new black." We are not just spinning records; we are spinning profits. This seeming serendipity leaves us wondering if LP/vinyl albums truly are the golden goose of the stock market or if they are just another 'one-hit wonder.'

The surprising connection we uncovered calls for a deeper understanding of the intersection between nostalgia and innovation, where the crackle of vinyl meets the hum of semiconductors. It appears that in this symphony of market forces, LP/vinyl album sales may play a not-so-silent role in shaping the tune of stock prices. It seems that in the dance of supply and demand, LP/vinyl may be the unsung hero, or rather, the 'unsold' hero.

Our journey through the annals of LP/vinyl album sales and Micron Technology's stock price has proven to be a surprising sonata. As we delve deeper into our findings, it's apparent that the old adage holds true - there is indeed money in "oldies but goodies." We invite readers to join us in exploring this unusual harmony and to see that sometimes, the best investments are the ones that make you want to dust off your record player and turn up the volume.


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

Please make up a literature review section of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and Micron Technology's stock price (MU). 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]]
Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price

[[ABSTRACT]]
The increasing popularity of LP/vinyl albums in the digital age has raised eyebrows and turntables. Many have wondered if there is a melodic harmony between the sales of LP/vinyl albums and the stock prices of technology giants. In this paper, we set out to answer that question using data from Statista and LSEG Analytics (Refinitiv). Our analysis revealed a surprising connection between the sales of LP/vinyl albums and Micron Technology's stock price (MU).

With a correlation coefficient of 0.9236555 and p < 0.01 for the period from 2002 to 2022, the results struck a chord with our research team. This strong correlation suggests that there may be more to LP/vinyl albums than just nostalgia - they might be spinning profits for investors. One might say, the "sound" of LP/vinyl sales is music to Micron Technology's stockholders' ears!

Our findings shed light on the potential influence of retro music formats on the stock market, adding a new dimension to the oft-quoted phrase "oldies but goodies." As we further explore this unique relationship, it's clear that the intersection of vintage tunes and modern technology may be more than just a spin-off. This research calls for a fresh approach to understanding market dynamics, as it seems the old adage holds true: the LP/vinyl truly is a record-breaking investment!

-------

And here is the introduction section that led to this literature review:
[[INTRODUCTION]]
The relationship between LP/vinyl album sales and stock prices has long been a topic of interest, often overshadowed by more conventional market analyses. What many have dismissed as a mere footnote in economic trends has, in fact, been quietly spinning its way through the financial world. Our research sets out to uncover the surprising link between the rhythmic beats of LP/vinyl sales and the steady rise of Micron Technology's stock price, much to the beat of every audiophile's heart.
Unearthing hidden connections in seemingly disparate industries is akin to finding a hidden track on a well-played vinyl album - both require a keen ear and a sharp eye. One might say that this research aims to turn down the noise and focus on the "records" that really matter in the financial markets.
As we dig into the data, it becomes clear that this unexpected correlation between vintage music sales and a tech giant brings a new meaning to the phrase "vintage is the new black." We are not just spinning records; we are spinning profits. This seeming serendipity leaves us wondering if LP/vinyl albums truly are the golden goose of the stock market or if they are just another 'one-hit wonder.'
The surprising connection we uncovered calls for a deeper understanding of the intersection between nostalgia and innovation, where the crackle of vinyl meets the hum of semiconductors. It appears that in this symphony of market forces, LP/vinyl album sales may play a not-so-silent role in shaping the tune of stock prices. It seems that in the dance of supply and demand, LP/vinyl may be the unsung hero, or rather, the 'unsold' hero.
Our journey through the annals of LP/vinyl album sales and Micron Technology's stock price has proven to be a surprising sonata. As we delve deeper into our findings, it's apparent that the old adage holds true - there is indeed money in "oldies but goodies." We invite readers to join us in exploring this unusual harmony and to see that sometimes, the best investments are the ones that make you want to dust off your record player and turn up the volume.

-------

Your response should start like this:

[[LITERATURE REVIEW]]



ChatGPT:
[[LITERATURE REVIEW]]

The exploration of the correlation between LP/vinyl album sales and stock prices has garnered significant attention in academic literature. Smith and Doe (2018) investigated the impact of retro music formats on market dynamics, revealing a surprising relationship between the two seemingly disconnected industries. Their study unearthed a melodic harmony that resonates throughout the financial world, challenging conventional economic wisdom. One might say it struck a chord with investors and audiophiles alike.

But as we delve deeper into this research, we cannot help but make a pun or two, so here it goes: What do you call a crate digger with a knack for stock trading? A DJIA-spin!

Jones (2016) examined the influence of nostalgic consumer behavior on technology stock performance, shedding light on the unexpected sway of vintage music formats on market trends. Their findings danced to the beat of a different drum, echoing the sentiment that sometimes, old tunes make for new returns.

Moving beyond the conventional literature, we turn to non-fiction works that shed light on the intersection of technology and music. In "The Innovator's Dilemma" by Clayton Christensen, the author discusses disruptive technologies and their impact on established markets. In this case, LP/vinyl albums may indeed be the unexpected disruptor in the tech stock market, spinning heads and profits in equal measure.

Thrumming along, we consider the fictional realm for insights into this peculiar relationship. In "High Fidelity" by Nick Hornby, the protagonist's passion for vinyl records speaks to the enduring appeal of vintage music formats. While fictional, the novel offers a whimsical glimpse into the world of music aficionados and their undying love for the crackle and pop of LPs.

At this point, one might say we're in treble. But fear not, for we're not done yet! Our quest for understanding leads us to unexpected sources of inspiration. Cartoons such as "Scooby-Doo" and "The Flintstones" often feature characters listening to records, hinting at a long-standing cultural connection between vintage music and timeless entertainment. And let's not forget the profound wisdom imparted by children's shows like "Sesame Street," where Grover's jazzy rendition of "Rubber Duckie" reminds us that even the simplest tunes can make waves.

As we wade deeper into this rich and varied sea of literature and cultural influences, we must acknowledge the inherent humor in the intersection of vintage music sales and stock prices. Our findings not only tickle the ivories of economic analysis but also remind us that sometimes, beneath the serious facade of academic research, lies a tune waiting to be played.


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

Please make up the methodology section of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and Micron Technology's stock price (MU). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences. Stay serious and dry most of the time, but then occasionally let your wit shine through.

Your research team collected data from all across the internet, but mostly just used information from 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]]
Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price

[[ABSTRACT]]
The increasing popularity of LP/vinyl albums in the digital age has raised eyebrows and turntables. Many have wondered if there is a melodic harmony between the sales of LP/vinyl albums and the stock prices of technology giants. In this paper, we set out to answer that question using data from Statista and LSEG Analytics (Refinitiv). Our analysis revealed a surprising connection between the sales of LP/vinyl albums and Micron Technology's stock price (MU).

With a correlation coefficient of 0.9236555 and p < 0.01 for the period from 2002 to 2022, the results struck a chord with our research team. This strong correlation suggests that there may be more to LP/vinyl albums than just nostalgia - they might be spinning profits for investors. One might say, the "sound" of LP/vinyl sales is music to Micron Technology's stockholders' ears!

Our findings shed light on the potential influence of retro music formats on the stock market, adding a new dimension to the oft-quoted phrase "oldies but goodies." As we further explore this unique relationship, it's clear that the intersection of vintage tunes and modern technology may be more than just a spin-off. This research calls for a fresh approach to understanding market dynamics, as it seems the old adage holds true: the LP/vinyl truly is a record-breaking investment!

[[INTRODUCTION]]
The relationship between LP/vinyl album sales and stock prices has long been a topic of interest, often overshadowed by more conventional market analyses. What many have dismissed as a mere footnote in economic trends has, in fact, been quietly spinning its way through the financial world. Our research sets out to uncover the surprising link between the rhythmic beats of LP/vinyl sales and the steady rise of Micron Technology's stock price, much to the beat of every audiophile's heart.
Unearthing hidden connections in seemingly disparate industries is akin to finding a hidden track on a well-played vinyl album - both require a keen ear and a sharp eye. One might say that this research aims to turn down the noise and focus on the "records" that really matter in the financial markets.
As we dig into the data, it becomes clear that this unexpected correlation between vintage music sales and a tech giant brings a new meaning to the phrase "vintage is the new black." We are not just spinning records; we are spinning profits. This seeming serendipity leaves us wondering if LP/vinyl albums truly are the golden goose of the stock market or if they are just another 'one-hit wonder.'
The surprising connection we uncovered calls for a deeper understanding of the intersection between nostalgia and innovation, where the crackle of vinyl meets the hum of semiconductors. It appears that in this symphony of market forces, LP/vinyl album sales may play a not-so-silent role in shaping the tune of stock prices. It seems that in the dance of supply and demand, LP/vinyl may be the unsung hero, or rather, the 'unsold' hero.
Our journey through the annals of LP/vinyl album sales and Micron Technology's stock price has proven to be a surprising sonata. As we delve deeper into our findings, it's apparent that the old adage holds true - there is indeed money in "oldies but goodies." We invite readers to join us in exploring this unusual harmony and to see that sometimes, the best investments are the ones that make you want to dust off your record player and turn up the volume.

-------

Your response should start like this:

[[METHODOLOGY]]



ChatGPT:

[[METHODOLOGY]]

To conduct our study on the relationship between sales of LP/vinyl albums and Micron Technology's stock price (MU), we employed a mixed-methods approach that involved a harmonious blend of quantitative analysis and interpretive dance. The resulting data revealed insights about the rhythm and flow of market trends that can't be captured through numbers alone. After all, who says financial research can't have a little boogie to it?

To start, we collected historical data on LP/vinyl album sales from the venerable halls of Statista and the melodious databases of LSEG Analytics (Refinitiv). We then carefully cross-referenced this information with the enigmatic movements of Micron Technology's stock price from the same sources. This step required a delicate touch, much like handling a vintage LP, ensuring that no scratches or skips distorted the tempo of our analysis. We must admit, it was a bit like DJ-ing a party where the playlist consisted of stock price movements and album sales figures — a rather unusual mix, even in the world of academia.

Employing advanced statistical techniques, such as time-series analysis and regression modeling, we aimed to unravel the intricate interplay between the two seemingly disparate variables. Imagine trying to choreograph a dance between LP sales and stock prices. It's not a walk in the park, but more like a moonwalk in the financial cosmos.

Our models not only accounted for the overall trend but also sought to capture the nuances of the relationship, much like the subtle crackles and pops that give vintage records their character. We took especial care to control for confounding variables, ensuring that our findings stayed true to the beat and refrain of LP/vinyl album sales' impact on Micron Technology's stock price.

Additionally, we delved into qualitative data, conducting interviews with hardcore vinyl collectors and tech enthusiasts at hipster coffee shops and semiconductor conferences alike. These conversations allowed us to gain insight into the emotional resonance and cultural significance of LP/vinyl albums and how they might influence investor sentiment and stock market dynamics. It's not every day that academic research involves sipping craft coffee and discussing vintage Zeppelin records with financial analysts. But hey, all in the name of science!

Finally, in the true spirit of interdisciplinary research, we sought to capture the essence of our findings through interpretive dance routines inspired by stock market upticks and the groove of vinyl records. While this unconventional approach may have raised a few eyebrows in our academic circles, we found that it brought a unique rhythm to our analysis and a newfound appreciation for the artistic side of financial data interpretation. After all, who knew that a pivot table could inspire such graceful movements?

In conclusion, our approach to exploring the relationship between LP/vinyl album sales and Micron Technology's stock price combined rigorous quantitative analysis with an artful twist, resulting in a research endeavor that's both enlightening and, dare we say, a little groovy. Our findings not only elucidate the surprising correlation between these two seemingly unrelated domains but also highlight the potential for interdisciplinary research to sing a different tune. After all, sometimes academic research needs a little vinyl scratch to remind us that data, like music, can speak to the soul.


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

Please make up the results section of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and Micron Technology's stock price (MU). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences. Stay serious and dry most of the time, but then occasionally let your wit shine through.

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

For the time period 2002 to 2022, you found a correlation 0.9236555, r-squared of 0.8531396, 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]]
Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price

[[ABSTRACT]]
The increasing popularity of LP/vinyl albums in the digital age has raised eyebrows and turntables. Many have wondered if there is a melodic harmony between the sales of LP/vinyl albums and the stock prices of technology giants. In this paper, we set out to answer that question using data from Statista and LSEG Analytics (Refinitiv). Our analysis revealed a surprising connection between the sales of LP/vinyl albums and Micron Technology's stock price (MU).

With a correlation coefficient of 0.9236555 and p < 0.01 for the period from 2002 to 2022, the results struck a chord with our research team. This strong correlation suggests that there may be more to LP/vinyl albums than just nostalgia - they might be spinning profits for investors. One might say, the "sound" of LP/vinyl sales is music to Micron Technology's stockholders' ears!

Our findings shed light on the potential influence of retro music formats on the stock market, adding a new dimension to the oft-quoted phrase "oldies but goodies." As we further explore this unique relationship, it's clear that the intersection of vintage tunes and modern technology may be more than just a spin-off. This research calls for a fresh approach to understanding market dynamics, as it seems the old adage holds true: the LP/vinyl truly is a record-breaking investment!

-------

And here is the methodology section that led to this result:
[[METHODOLOGY]]
The relationship between LP/vinyl album sales and stock prices has long been a topic of interest, often overshadowed by more conventional market analyses. What many have dismissed as a mere footnote in economic trends has, in fact, been quietly spinning its way through the financial world. Our research sets out to uncover the surprising link between the rhythmic beats of LP/vinyl sales and the steady rise of Micron Technology's stock price, much to the beat of every audiophile's heart.
Unearthing hidden connections in seemingly disparate industries is akin to finding a hidden track on a well-played vinyl album - both require a keen ear and a sharp eye. One might say that this research aims to turn down the noise and focus on the "records" that really matter in the financial markets.
As we dig into the data, it becomes clear that this unexpected correlation between vintage music sales and a tech giant brings a new meaning to the phrase "vintage is the new black." We are not just spinning records; we are spinning profits. This seeming serendipity leaves us wondering if LP/vinyl albums truly are the golden goose of the stock market or if they are just another 'one-hit wonder.'
The surprising connection we uncovered calls for a deeper understanding of the intersection between nostalgia and innovation, where the crackle of vinyl meets the hum of semiconductors. It appears that in this symphony of market forces, LP/vinyl album sales may play a not-so-silent role in shaping the tune of stock prices. It seems that in the dance of supply and demand, LP/vinyl may be the unsung hero, or rather, the 'unsold' hero.
Our journey through the annals of LP/vinyl album sales and Micron Technology's stock price has proven to be a surprising sonata. As we delve deeper into our findings, it's apparent that the old adage holds true - there is indeed money in "oldies but goodies." We invite readers to join us in exploring this unusual harmony and to see that sometimes, the best investments are the ones that make you want to dust off your record player and turn up the volume.

-------

Your response should start like this:

[[RESULTS]]



ChatGPT:

[[RESULTS]]

The analysis of the relationship between sales of LP/vinyl albums and Micron Technology's stock price (MU) for the period from 2002 to 2022 yielded a striking correlation coefficient of 0.9236555, a robust r-squared of 0.8531396, and a statistically significant p-value of less than 0.01. The strong correlation observed between these seemingly disparate variables left our research team with a feeling of mild shock, as if we had stumbled upon an unexpected bonus track on an already well-played vinyl album.

(Fig. 1), a scatterplot displaying the striking correlation between LP/vinyl album sales and Micron Technology's stock price, serves as a visual testament to the significant relationship uncovered by our analysis. The unmistakable upward trend in this plot leaves little room for doubt and is a clear reminder that sometimes, the most unlikely pairs make the most harmonious duets.

Our research findings suggest that LP/vinyl album sales may have more influence on the stock market than previously assumed. This discovery could represent a new record in economic analyses, as the connection between vintage music formats and high-tech stock prices heralds an unexpected synthesis of the past and present, not unlike the fusion of a classic vinyl melody with modern digital technology.

In conclusion, the results of our study reveal a compelling correlation between LP/vinyl album sales and Micron Technology's stock price, providing evidence that this unique relationship may be more than just a one-hit wonder. These findings call for further exploration and could inspire a new wave of investment strategies, as it appears that the rhythmic beats of LP/vinyl sales may have more than just nostalgic value in the ever-evolving symphony of the stock market.


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

Please make up the discussion section of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and Micron Technology's stock price (MU). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences. Stay serious and dry most of the time, but then occasionally let your wit shine through.

Limit your response to 500 tokens.

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

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

[[TITLE]]
Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price

[[ABSTRACT]]
The increasing popularity of LP/vinyl albums in the digital age has raised eyebrows and turntables. Many have wondered if there is a melodic harmony between the sales of LP/vinyl albums and the stock prices of technology giants. In this paper, we set out to answer that question using data from Statista and LSEG Analytics (Refinitiv). Our analysis revealed a surprising connection between the sales of LP/vinyl albums and Micron Technology's stock price (MU).

With a correlation coefficient of 0.9236555 and p < 0.01 for the period from 2002 to 2022, the results struck a chord with our research team. This strong correlation suggests that there may be more to LP/vinyl albums than just nostalgia - they might be spinning profits for investors. One might say, the "sound" of LP/vinyl sales is music to Micron Technology's stockholders' ears!

Our findings shed light on the potential influence of retro music formats on the stock market, adding a new dimension to the oft-quoted phrase "oldies but goodies." As we further explore this unique relationship, it's clear that the intersection of vintage tunes and modern technology may be more than just a spin-off. This research calls for a fresh approach to understanding market dynamics, as it seems the old adage holds true: the LP/vinyl truly is a record-breaking investment!

[[LITERATURE REVIEW]]
The exploration of the correlation between LP/vinyl album sales and stock prices has garnered significant attention in academic literature. Smith and Doe (2018) investigated the impact of retro music formats on market dynamics, revealing a surprising relationship between the two seemingly disconnected industries. Their study unearthed a melodic harmony that resonates throughout the financial world, challenging conventional economic wisdom. One might say it struck a chord with investors and audiophiles alike.
But as we delve deeper into this research, we cannot help but make a pun or two, so here it goes: What do you call a crate digger with a knack for stock trading? A DJIA-spin!
Jones (2016) examined the influence of nostalgic consumer behavior on technology stock performance, shedding light on the unexpected sway of vintage music formats on market trends. Their findings danced to the beat of a different drum, echoing the sentiment that sometimes, old tunes make for new returns.
Moving beyond the conventional literature, we turn to non-fiction works that shed light on the intersection of technology and music. In "The Innovator's Dilemma" by Clayton Christensen, the author discusses disruptive technologies and their impact on established markets. In this case, LP/vinyl albums may indeed be the unexpected disruptor in the tech stock market, spinning heads and profits in equal measure.
Thrumming along, we consider the fictional realm for insights into this peculiar relationship. In "High Fidelity" by Nick Hornby, the protagonist's passion for vinyl records speaks to the enduring appeal of vintage music formats. While fictional, the novel offers a whimsical glimpse into the world of music aficionados and their undying love for the crackle and pop of LPs.
At this point, one might say we're in treble. But fear not, for we're not done yet! Our quest for understanding leads us to unexpected sources of inspiration. Cartoons such as "Scooby-Doo" and "The Flintstones" often feature characters listening to records, hinting at a long-standing cultural connection between vintage music and timeless entertainment. And let's not forget the profound wisdom imparted by children's shows like "Sesame Street," where Grover's jazzy rendition of "Rubber Duckie" reminds us that even the simplest tunes can make waves.
As we wade deeper into this rich and varied sea of literature and cultural influences, we must acknowledge the inherent humor in the intersection of vintage music sales and stock prices. Our findings not only tickle the ivories of economic analysis but also remind us that sometimes, beneath the serious facade of academic research, lies a tune waiting to be played.

[[RESULTS]]
The analysis of the relationship between sales of LP/vinyl albums and Micron Technology's stock price (MU) for the period from 2002 to 2022 yielded a striking correlation coefficient of 0.9236555, a robust r-squared of 0.8531396, and a statistically significant p-value of less than 0.01. The strong correlation observed between these seemingly disparate variables left our research team with a feeling of mild shock, as if we had stumbled upon an unexpected bonus track on an already well-played vinyl album.
(Fig. 1), a scatterplot displaying the striking correlation between LP/vinyl album sales and Micron Technology's stock price, serves as a visual testament to the significant relationship uncovered by our analysis. The unmistakable upward trend in this plot leaves little room for doubt and is a clear reminder that sometimes, the most unlikely pairs make the most harmonious duets.
Our research findings suggest that LP/vinyl album sales may have more influence on the stock market than previously assumed. This discovery could represent a new record in economic analyses, as the connection between vintage music formats and high-tech stock prices heralds an unexpected synthesis of the past and present, not unlike the fusion of a classic vinyl melody with modern digital technology.
In conclusion, the results of our study reveal a compelling correlation between LP/vinyl album sales and Micron Technology's stock price, providing evidence that this unique relationship may be more than just a one-hit wonder. These findings call for further exploration and could inspire a new wave of investment strategies, as it appears that the rhythmic beats of LP/vinyl sales may have more than just nostalgic value in the ever-evolving symphony of the stock market.

-------

Your response should start like this:

[[DISCUSSION]]



ChatGPT:

[[DISCUSSION]]

The results of our study resonate with prior research that has hinted at an unexpected relationship between LP/vinyl album sales and stock prices, particularly in the technology sector. While our focus on the connection between Micron Technology's stock price and LP/vinyl album sales may have initially seemed like a "sleeve" issue, our findings harmonize with the broader literature, indicating a tangible correlation between these seemingly dissonant variables.

The correlation coefficient of 0.9236555 and a p-value of less than 0.01 align with the findings of Smith and Doe (2018), who first uncovered the melodic harmony between retro music formats and market dynamics. It seems that the correlation between LP/vinyl album sales and stock prices is not just a "reverb" - it's a tangible and statistically significant association. One might say it's a "vinyl countdown" to a successful investment strategy!

Jones (2016) also provided insights into the sway of nostalgic consumer behavior on technology stock performance, and our results add a new verse to this melody by demonstrating the remarkable connection between Micron Technology's stock price and the sales of LP/vinyl albums. The strong correlation observed in our study marches to the beat of a different drum, aligning with the unconventional findings of previous researchers and striking a chord with our own analysis.

It's worth noting that our research extends beyond the traditional boundaries of economic literature, embracing unexpected sources of inspiration such as cartoons and children's shows. The sometimes lighthearted exploration of the intersection between vintage music sales and stock prices in our study brings a "lyrical" quality to the serious realm of academic research. By doing so, we derive valuable insights that may otherwise have remained "off the record."

In summary, our findings not only complement but also amplify the existing chorus of research that highlights the intriguing connection between LP/vinyl album sales and stock prices in the technology sector. The evidence we have uncovered underscores the potential influence of retro music formats on market dynamics and invites further exploration into this unique relationship, offering investors a new "spin on the market," where LP/vinyl album sales may hold more sway than originally thought.

The results of our study, while grounded in scholarly rigor, offer a playful "twist" to the understanding of market behavior, reminding us that beneath the surface of seemingly disparate industries lies a harmonious duet waiting to be discovered - much like a well-hidden dad joke.


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

Please make up a short conclusion of an academic research paper presenting the findings of the connection between Sales of LP/Vinyl Albums and Micron Technology's stock price (MU). You can't resist a good dad joke. Add a relevant dad joke related to the content every couple of sentences. Stay serious and dry most of the time, but then occasionally let your wit shine through.

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

Here are the title, abstract, introduction, and results sections.
[[TITLE]]
Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price

[[ABSTRACT]]
The increasing popularity of LP/vinyl albums in the digital age has raised eyebrows and turntables. Many have wondered if there is a melodic harmony between the sales of LP/vinyl albums and the stock prices of technology giants. In this paper, we set out to answer that question using data from Statista and LSEG Analytics (Refinitiv). Our analysis revealed a surprising connection between the sales of LP/vinyl albums and Micron Technology's stock price (MU).

With a correlation coefficient of 0.9236555 and p < 0.01 for the period from 2002 to 2022, the results struck a chord with our research team. This strong correlation suggests that there may be more to LP/vinyl albums than just nostalgia - they might be spinning profits for investors. One might say, the "sound" of LP/vinyl sales is music to Micron Technology's stockholders' ears!

Our findings shed light on the potential influence of retro music formats on the stock market, adding a new dimension to the oft-quoted phrase "oldies but goodies." As we further explore this unique relationship, it's clear that the intersection of vintage tunes and modern technology may be more than just a spin-off. This research calls for a fresh approach to understanding market dynamics, as it seems the old adage holds true: the LP/vinyl truly is a record-breaking investment!

[[INTRDUCTION]]
The relationship between LP/vinyl album sales and stock prices has long been a topic of interest, often overshadowed by more conventional market analyses. What many have dismissed as a mere footnote in economic trends has, in fact, been quietly spinning its way through the financial world. Our research sets out to uncover the surprising link between the rhythmic beats of LP/vinyl sales and the steady rise of Micron Technology's stock price, much to the beat of every audiophile's heart.
Unearthing hidden connections in seemingly disparate industries is akin to finding a hidden track on a well-played vinyl album - both require a keen ear and a sharp eye. One might say that this research aims to turn down the noise and focus on the "records" that really matter in the financial markets.
As we dig into the data, it becomes clear that this unexpected correlation between vintage music sales and a tech giant brings a new meaning to the phrase "vintage is the new black." We are not just spinning records; we are spinning profits. This seeming serendipity leaves us wondering if LP/vinyl albums truly are the golden goose of the stock market or if they are just another 'one-hit wonder.'
The surprising connection we uncovered calls for a deeper understanding of the intersection between nostalgia and innovation, where the crackle of vinyl meets the hum of semiconductors. It appears that in this symphony of market forces, LP/vinyl album sales may play a not-so-silent role in shaping the tune of stock prices. It seems that in the dance of supply and demand, LP/vinyl may be the unsung hero, or rather, the 'unsold' hero.
Our journey through the annals of LP/vinyl album sales and Micron Technology's stock price has proven to be a surprising sonata. As we delve deeper into our findings, it's apparent that the old adage holds true - there is indeed money in "oldies but goodies." We invite readers to join us in exploring this unusual harmony and to see that sometimes, the best investments are the ones that make you want to dust off your record player and turn up the volume.

[[RESULTS]]
The analysis of the relationship between sales of LP/vinyl albums and Micron Technology's stock price (MU) for the period from 2002 to 2022 yielded a striking correlation coefficient of 0.9236555, a robust r-squared of 0.8531396, and a statistically significant p-value of less than 0.01. The strong correlation observed between these seemingly disparate variables left our research team with a feeling of mild shock, as if we had stumbled upon an unexpected bonus track on an already well-played vinyl album.
(Fig. 1), a scatterplot displaying the striking correlation between LP/vinyl album sales and Micron Technology's stock price, serves as a visual testament to the significant relationship uncovered by our analysis. The unmistakable upward trend in this plot leaves little room for doubt and is a clear reminder that sometimes, the most unlikely pairs make the most harmonious duets.
Our research findings suggest that LP/vinyl album sales may have more influence on the stock market than previously assumed. This discovery could represent a new record in economic analyses, as the connection between vintage music formats and high-tech stock prices heralds an unexpected synthesis of the past and present, not unlike the fusion of a classic vinyl melody with modern digital technology.
In conclusion, the results of our study reveal a compelling correlation between LP/vinyl album sales and Micron Technology's stock price, providing evidence that this unique relationship may be more than just a one-hit wonder. These findings call for further exploration and could inspire a new wave of investment strategies, as it appears that the rhythmic beats of LP/vinyl sales may have more than just nostalgic value in the ever-evolving symphony of the stock market.

-------

Your response should start like this:

[[CONCLUSION]]



ChatGPT:

[[CONCLUSION]]

In conclusion, our research has uncovered a surprising and significant correlation between the sales of LP/vinyl albums and Micron Technology's stock price (MU). The robust correlation coefficient of 0.9236555 and a statistically significant p-value of less than 0.01 for the period from 2002 to 2022 indicate a strong relationship between these seemingly unrelated variables. One might say this connection is truly music to investors' ears, or rather, their "stocks" of vintage tunes.

The visual representation of our findings in (Fig. 1) serves as a striking testament to the unexpected harmony between LP/vinyl album sales and the stock price of Micron Technology. It appears that in the dance of market dynamics, LP/vinyl albums are not just spinning records; they are spinning profits, much like a well-crafted dad joke that brings a smile to one's face.

These results shed light on the potential influence of retro music formats on the stock market, adding a new dimension to the old adage "oldies but goodies." Our research calls for a fresh approach to understanding market dynamics, as the intersection of vintage tunes and modern technology may be more than just a spin-off; it may be a chart-topping hit. This discovery could represent a new record in economic analyses, and it certainly strikes a chord with market enthusiasts.

Therefore, it is safe to say that no more research is needed in this area. It's evident that the LP/vinyl truly is a record-breaking investment, and it's time for investors to turn up the "volume" on this unusual yet profitable trend.


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 Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price. Respond only with the name of a fictional academic journal.

ChatGPT:

The Journal of Financial Harmonies


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 Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price. Respond only with the name of a fictional organization.

ChatGPT:

The Institute for Auditory Investment Studies


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 Spinning Profits: The Sound Relationship between LP/Vinyl Album Sales and Micron Technology's Stock Price with an abstract of The increasing popularity of LP/vinyl albums in the digital age has raised eyebrows and turntables. Many have wondered if there is a melodic harmony between the sales of LP/vinyl albums and the stock prices of technology giants. In this paper, we set out to answer that question using data from Statista and LSEG Analytics (Refinitiv). Our analysis revealed a surprising connection between the sales of LP/vinyl albums and Micron Technology's stock price (MU).
With a correlation coefficient of 0.9236555 and p < 0.01 for the period from 2002 to 2022, the results struck a chord with our research team. This strong correlation suggests that there may be more to LP/vinyl albums than just nostalgia - they might be spinning profits for investors. One might say, the "sound" of LP/vinyl sales is music to Micron Technology's stockholders' ears!
Our findings shed light on the potential influence of retro music formats on the stock market, adding a new dimension to the oft-quoted phrase "oldies but goodies." As we further explore this unique relationship, it's clear that the intersection of vintage tunes and modern technology may be more than just a spin-off. This research calls for a fresh approach to understanding market dynamics, as it seems the old adage holds true: the LP/vinyl truly is a record-breaking investment!

ChatGPT:

LP sales, vinyl album sales, LP stock price correlation, LP sales stock market influence, LP sales technology stock prices, vintage music formats stock market correlation, LP sales market dynamics, LP sales investment opportunities.

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



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Data details

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

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

See what else correlates with Micron Technology's stock price (MU)

Correlation r = 0.9236555 (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 = 0.8531396 (Coefficient of determination)
This means 85.3% of the change in the one variable (i.e., Micron Technology's stock price (MU)) is predictable based on the change in the other (i.e., Sales of LP/Vinyl Albums) over the 21 years from 2002 through 2022.

p < 0.01, which is statistically significant(Null hypothesis significance test)
The p-value is 2.4E-9. 0.0000000023628745732702510000
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 0.92 in 2.4E-7% of random cases. Said differently, if you correlated 423,213,323 random variables You don't actually need 423 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.

[ 0.82, 0.97 ] 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
Sales of LP/Vinyl Albums (Units)130000014000001200000900000900000100000019000002500000280000039000004600000610000092000001190000013100000143200001680000018840000215000004170000043460000
Micron Technology's stock price (MU) (Stock price)32.859.7513.7212.3813.4814.147.232.6510.828.146.646.621.6835.2413.8322.0741.543154.8576.4893.91




Why this works

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




Try it yourself

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

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

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

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

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

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

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

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

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


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

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

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

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

    return correlation, r_squared, p_value

# These are the arrays for the variables shown on this page, but you can modify them to be any two sets of numbers
array_1 = np.array([1300000,1400000,1200000,900000,900000,1000000,1900000,2500000,2800000,3900000,4600000,6100000,9200000,11900000,13100000,14320000,16800000,18840000,21500000,41700000,43460000,])
array_2 = np.array([32.85,9.75,13.72,12.38,13.48,14.14,7.23,2.65,10.82,8.14,6.64,6.6,21.68,35.24,13.83,22.07,41.54,31,54.85,76.48,93.91,])
array_1_name = "Sales of LP/Vinyl Albums"
array_2_name = "Micron Technology's stock price (MU)"

# 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: 1271 · Black Variable ID: 25 · Red Variable ID: 1659
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