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Spurious correlation #2,006 · View random

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

AI explanation

As households invested more in home maintenance, they discovered the startling correlation between a well-maintained home and overall heart health. This newfound realization led to a surge in demand for Edwards Lifesciences' cardiovascular products, including their innovative heart valve technologies. People realized that a sturdy roof and a sturdy heart go hand in hand, driving up the stock price of Edwards Lifesciences as a result.

Model: dalle-3
Prompt: Prompt: [ A photo-realistic image ] Depict a serene suburban setting with a tidy, well-kept house standing prominently. The manicured lawn boasts vibrant green hues under the warm sunlight, while the windows of the house reflect the dazzling light. In the peaceful background, capture a stock market ticker prominently displaying Edwards Lifesciences' stock price steadily ascending, subtly emphasizing financial success integrated into the tranquil neighborhood scene. The depiction should include only scenes, people, and objects, it should not include text or speech bubbles.
This image generation prompt was also generated by AI, using the following sequence:

Model: gpt-3.5-turbo-1106
System prompt: You select one of a few potential scene descriptors that seems to go along with the variables described. You respond only with the scene descriptions provided and say nothing else.
User prompt: Here are two variables: Annual US household spending on home maintenance and Edwards Lifesciences' stock price. Given these, which of the following image style descriptions seems most appropriate? Pick the one that seems to be related to one of the variables at hand. Please respond with only one of the following potential descriptions: Cubism Voxel art Symbolism A photo-realistic image inspired by bauhaus
ChatGPT: A photo-realistic image

Model: gpt-3.5-turbo-1106
System prompt: You describe simple visual scenes that depict the two variables stated. You combine both variables into one scene.
User prompt: Please describe a visual scene that prominently depicts both Annual US household spending on home maintenance and Edwards Lifesciences' stock price together. Keep the description simple.
ChatGPT: In the scene, a tidy, well-maintained house sits in a peaceful suburban neighborhood. The lawn is neatly mowed, and the windows sparkle in the sunlight. In the background, a stock market ticker displays Edwards Lifesciences' stock price rising steadily.

Model: gpt-3.5-turbo-1106
System prompt: You write and improve image generation prompts for DALLE-3. You maintain the same subjects, but enhance the visuals.
User prompt: Please respond with an image generation prompt that would be likely to create an interesting visual using DALLE-3, using the following style: [ A photo-realistic image ] and depicting this scene: In the scene, a tidy, well-maintained house sits in a peaceful suburban neighborhood. The lawn is neatly mowed, and the windows sparkle in the sunlight. In the background, a stock market ticker displays Edwards Lifesciences' stock price rising steadily. Keep the visual depiction simple. Do not include any words or speech bubbles.
ChatGPT: Prompt: [ A photo-realistic image ] Depict a serene suburban setting with a tidy, well-kept house standing prominently. The manicured lawn boasts vibrant green hues under the warm sunlight, while the windows of the house reflect the dazzling light. In the peaceful background, capture a stock market ticker prominently displaying Edwards Lifesciences' stock price steadily ascending, subtly emphasizing financial success integrated into the tranquil neighborhood scene.

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

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

Model: gpt-3.5-turbo-1106 (fine-tuned)
System prompt: You provide humorous responses in the form of plausible sounding explanations for correlations. You assume the correlation is causative for the purpose of the explanation even if it is ridiculous. You do not chat with the user, you only reply with the causal connection explanation and nothing else.
User prompt: Please make up a funny explanation for how an increase in Annual US household spending on home maintenance caused Edwards Lifesciences' stock price (EW) to increase.\Make it sound serious until the end.

AI academic paper

(Because p < 0.01)
Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price

The Journal of Eccentric Economic Analyses

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 dry but witty academic researcher. You speak in the passive voice, and your writing sounds like it belongs in a medical or economics journal.You write titles and abstracts of goofy academic research papers.
User prompt:
Pretend you are an academic researcher. Your writing sounds like it belongs in a medical or economics journal. However, you frequently crack jokes, make puns, and add unexpected twists in your writing.

Please draft the title and abstract of an academic research paper presenting the findings of the connection between Annual US household spending on home maintenance and Edwards Lifesciences' stock price (EW). Make lots of jokes, goofy observations, and puns.

Make the title a clever pun.

Your research team used data from Bureau of Labor Statistics and LSEG Analytics (Refinitiv) to assess this nagging question. You found a correlation coefficient of 0.9754190 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]]
Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price

[[ABSTRACT]]
This paper delves into the curious connection between annual US household spending on home maintenance and the tumultuous fluctuations of Edwards Lifesciences' stock price. With a dash of humor and a sprinkle of wit, our research team embraces the challenge of untangling this quirky relationship. By harnessing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we embark on a journey through the labyrinth of numbers and trends. To our delight, we uncover a remarkably strong correlation coefficient of 0.9754190, with a p-value of less than 0.01, for the years spanning 2002 to 2022. Our findings not only shed light on the quirky interconnectedness of seemingly unrelated variables but also highlight the potential for investors to glean insights from the most unexpected places. So, grab your toolkit and join us in exploring this intriguing correlation that proves the stock market and home maintenance may just be more entwined than we ever imagined.


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

Please make up the introduction section of an academic research paper presenting the findings of the connection between Annual US household spending on home maintenance and Edwards Lifesciences' stock price (EW). Make lots of jokes, goofy observations, and puns. Stay serious and dry most of the time, but then occasionally let your wit shine through.

Here is the title and abstract of the paper:
[[TITLE]]
Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price

[[ABSTRACT]]
This paper delves into the curious connection between annual US household spending on home maintenance and the tumultuous fluctuations of Edwards Lifesciences' stock price. With a dash of humor and a sprinkle of wit, our research team embraces the challenge of untangling this quirky relationship. By harnessing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we embark on a journey through the labyrinth of numbers and trends. To our delight, we uncover a remarkably strong correlation coefficient of 0.9754190, with a p-value of less than 0.01, for the years spanning 2002 to 2022. Our findings not only shed light on the quirky interconnectedness of seemingly unrelated variables but also highlight the potential for investors to glean insights from the most unexpected places. So, grab your toolkit and join us in exploring this intriguing correlation that proves the stock market and home maintenance may just be more entwined than we ever imagined.

-------

Your response should start like this:

[[INTRODUCTION]]



ChatGPT:
INTRODUCTION

The world of finance is often viewed as a serious and complex arena, where numbers reign supreme and market trends dictate the rhythm of investors' hearts. And yet, amid the sea of stock tickers and economic indicators, there exists a whimsical relationship that has piqued our scholarly curiosity – the link between annual US household spending on home maintenance and the enigmatic undulations of Edwards Lifesciences' stock price (EW).

While one might not expect a connection between fixing leaky faucets and cardiac devices, our research endeavor aims to unravel the intriguing correlation that has eluded the gaze of many a market analyst. Armed with data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we set out to navigate the labyrinth of financial figures and consumer habits in pursuit of this unexpected relationship. Like explorers of an intellectual jungle, we sought to uncover hidden patterns and unearth the untold tales of market quirkiness.

As we sifted through the data, our initial skepticism gave way to bemusement as we discovered a remarkably strong correlation coefficient of 0.9754190, with a p-value that would make even the most seasoned statistician crack a smile – less than 0.01. The years 2002 to 2022 served as our canvas, and the brushstrokes of correlation painted a picture that defied conventional wisdom, asserting that perhaps there is more than meets the eye when it comes to the market's mysterious ways.

The curiosity that propelled this examination was not only to unravel a puzzling correlation but also to appreciate the serendipity that underlies the seemingly disparate realms of home maintenance and stock prices. Our findings not only illuminate this quirky interconnectedness but also unveil the potential for investors to draw insights from the most unexpected corners of consumer behavior. In doing so, we hope to nudge the boundaries of financial analysis and remind ourselves that even in the world of economics, surprises abound.

So, if you're ready to embrace the unexpected and wield your intellectual wrench, join us in unearthing the captivating ties that bind the stock market and home maintenance. Prepare for a journey that promises to tickle your scholarly sensibilities and may just leave you pondering the delightful dance of correlation in the most unlikely of places.


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

Please make up a literature review section of an academic research paper presenting the findings of the connection between Annual US household spending on home maintenance and Edwards Lifesciences' stock price (EW). Make lots of jokes, goofy observations, and puns.

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

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

Start by naming serious-sounding studies by authors like Smith, Doe, and Jones - but then quickly devolve. Name some real non-fiction books that would be related to the topic. Then name some real fiction books that sound like they could be related. Then cite some social media posts you read that seem to be related.

Here is the title and abstract of the paper:
[[TITLE]]
Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price

[[ABSTRACT]]
This paper delves into the curious connection between annual US household spending on home maintenance and the tumultuous fluctuations of Edwards Lifesciences' stock price. With a dash of humor and a sprinkle of wit, our research team embraces the challenge of untangling this quirky relationship. By harnessing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we embark on a journey through the labyrinth of numbers and trends. To our delight, we uncover a remarkably strong correlation coefficient of 0.9754190, with a p-value of less than 0.01, for the years spanning 2002 to 2022. Our findings not only shed light on the quirky interconnectedness of seemingly unrelated variables but also highlight the potential for investors to glean insights from the most unexpected places. So, grab your toolkit and join us in exploring this intriguing correlation that proves the stock market and home maintenance may just be more entwined than we ever imagined.

-------

And here is the introduction section that led to this literature review:
[[INTRODUCTION]]
INTRODUCTION
The world of finance is often viewed as a serious and complex arena, where numbers reign supreme and market trends dictate the rhythm of investors' hearts. And yet, amid the sea of stock tickers and economic indicators, there exists a whimsical relationship that has piqued our scholarly curiosity – the link between annual US household spending on home maintenance and the enigmatic undulations of Edwards Lifesciences' stock price (EW).
While one might not expect a connection between fixing leaky faucets and cardiac devices, our research endeavor aims to unravel the intriguing correlation that has eluded the gaze of many a market analyst. Armed with data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we set out to navigate the labyrinth of financial figures and consumer habits in pursuit of this unexpected relationship. Like explorers of an intellectual jungle, we sought to uncover hidden patterns and unearth the untold tales of market quirkiness.
As we sifted through the data, our initial skepticism gave way to bemusement as we discovered a remarkably strong correlation coefficient of 0.9754190, with a p-value that would make even the most seasoned statistician crack a smile – less than 0.01. The years 2002 to 2022 served as our canvas, and the brushstrokes of correlation painted a picture that defied conventional wisdom, asserting that perhaps there is more than meets the eye when it comes to the market's mysterious ways.
The curiosity that propelled this examination was not only to unravel a puzzling correlation but also to appreciate the serendipity that underlies the seemingly disparate realms of home maintenance and stock prices. Our findings not only illuminate this quirky interconnectedness but also unveil the potential for investors to draw insights from the most unexpected corners of consumer behavior. In doing so, we hope to nudge the boundaries of financial analysis and remind ourselves that even in the world of economics, surprises abound.
So, if you're ready to embrace the unexpected and wield your intellectual wrench, join us in unearthing the captivating ties that bind the stock market and home maintenance. Prepare for a journey that promises to tickle your scholarly sensibilities and may just leave you pondering the delightful dance of correlation in the most unlikely of places.

-------

Your response should start like this:

[[LITERATURE REVIEW]]



ChatGPT:
[[LITERATURE REVIEW]]

In "Smith and Doe (2020)," the authors find that annual US household spending on home maintenance exhibits a consistent pattern of allocating a portion of disposable income towards the upkeep of residential properties. This observation aligns with the broader consumer behavior literature, highlighting the intrinsic desire for a well-maintained and aesthetically pleasing living environment. As homeowners engage in various home maintenance activities, the prevailing economic climate and consumer sentiment play pivotal roles in shaping their spending decisions.

However, as we venture deeper into the literature, a peculiar connection emerges between fiction and reality. In "The Wealth of Nations" by Adam Smith, the author expounds on the principles of free-market economics and the invisible hand that guides economic transactions. While Smith's seminal work may not directly address the correlation between home maintenance spending and stock prices, it serves as a timeless reminder of the intricate dance between consumer behavior and market forces. On a lighter note, "The Money Pit" by Tom Hanks and Shelley Long humorously depicts the trials and tribulations of homeowners grappling with endless home maintenance woes. Little did the protagonists know that their escapades could hold a clue to the stock market's enigmatic fluctuations.

In the realm of social media musings, a tweet from @EconGuru2020 captures the essence of this idiosyncratic relationship: "Home maintenance and stock prices – a match made in financial wonderland or a whimsical quirk of fate? #EcoHumor #MarketMusings." While the tweet's tone oscillates between jest and philosophical contemplation, it underscores the intrigue surrounding the interconnectedness of seemingly disparate domains. Whimsical quirk of fate indeed, as we embark on our scholarly escapade to unravel the tangled web of household repairs and market dynamics.

The intersection of non-fiction and fiction literature, coupled with the quirky observations in social media spheres, invites us to approach our investigation with a dash of humor and an open mind. As we delve into the whimsical landscape surrounding the connection between home maintenance spending and Edwards Lifesciences' stock price, let us not forsake the delight of intellectual inquiry and the unexpected revelations that may await.

And so, armed with empirical findings and a sprinkling of levity, we venture forth into the heart of this peculiar correlation, eager to unveil the mysteries hidden within the juxtaposition of wrenches and stock tickers.


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

Please make up the methodology section of an academic research paper presenting the findings of the connection between Annual US household spending on home maintenance and Edwards Lifesciences' stock price (EW). Make lots of jokes, goofy observations, and puns. Stay serious and dry most of the time, but then occasionally let your wit shine through.

Your research team collected data from all across the internet, but mostly just used information from Bureau of Labor Statistics and LSEG Analytics (Refinitiv) . You used data from 2002 to 2022

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

Here is the title, abstract, and introduction of the paper:
[[TITLE]]
Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price

[[ABSTRACT]]
This paper delves into the curious connection between annual US household spending on home maintenance and the tumultuous fluctuations of Edwards Lifesciences' stock price. With a dash of humor and a sprinkle of wit, our research team embraces the challenge of untangling this quirky relationship. By harnessing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we embark on a journey through the labyrinth of numbers and trends. To our delight, we uncover a remarkably strong correlation coefficient of 0.9754190, with a p-value of less than 0.01, for the years spanning 2002 to 2022. Our findings not only shed light on the quirky interconnectedness of seemingly unrelated variables but also highlight the potential for investors to glean insights from the most unexpected places. So, grab your toolkit and join us in exploring this intriguing correlation that proves the stock market and home maintenance may just be more entwined than we ever imagined.

[[INTRODUCTION]]
INTRODUCTION
The world of finance is often viewed as a serious and complex arena, where numbers reign supreme and market trends dictate the rhythm of investors' hearts. And yet, amid the sea of stock tickers and economic indicators, there exists a whimsical relationship that has piqued our scholarly curiosity – the link between annual US household spending on home maintenance and the enigmatic undulations of Edwards Lifesciences' stock price (EW).
While one might not expect a connection between fixing leaky faucets and cardiac devices, our research endeavor aims to unravel the intriguing correlation that has eluded the gaze of many a market analyst. Armed with data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we set out to navigate the labyrinth of financial figures and consumer habits in pursuit of this unexpected relationship. Like explorers of an intellectual jungle, we sought to uncover hidden patterns and unearth the untold tales of market quirkiness.
As we sifted through the data, our initial skepticism gave way to bemusement as we discovered a remarkably strong correlation coefficient of 0.9754190, with a p-value that would make even the most seasoned statistician crack a smile – less than 0.01. The years 2002 to 2022 served as our canvas, and the brushstrokes of correlation painted a picture that defied conventional wisdom, asserting that perhaps there is more than meets the eye when it comes to the market's mysterious ways.
The curiosity that propelled this examination was not only to unravel a puzzling correlation but also to appreciate the serendipity that underlies the seemingly disparate realms of home maintenance and stock prices. Our findings not only illuminate this quirky interconnectedness but also unveil the potential for investors to draw insights from the most unexpected corners of consumer behavior. In doing so, we hope to nudge the boundaries of financial analysis and remind ourselves that even in the world of economics, surprises abound.
So, if you're ready to embrace the unexpected and wield your intellectual wrench, join us in unearthing the captivating ties that bind the stock market and home maintenance. Prepare for a journey that promises to tickle your scholarly sensibilities and may just leave you pondering the delightful dance of correlation in the most unlikely of places.

-------

Your response should start like this:

[[METHODOLOGY]]



ChatGPT:

[[METHODOLOGY]]

Data Collection:
The first step in this whimsical exploration involved gathering data from a plethora of sources scattered across the digital landscape. Our researchers combed through the pages of the Bureau of Labor Statistics, extracting nuggets of information regarding annual US household spending on home maintenance with the meticulousness of a collector seeking the rarest of stamps. Simultaneously, LSEG Analytics (Refinitiv) became our guiding star, providing us with the celestial coordinates of Edwards Lifesciences' stock price as it traversed the tumultuous expanse of the market cosmos. This data, spanning the years 2002 to 2022, formed the tapestry upon which our analytical inquiries would be woven.

Data Cleaning and Preparation:
With our treasure trove of data in hand, it was imperative to sift through the digital detritus and cleanse it of any impurities that might muddle our quest for clarity. Outliers were scrutinized like mischievous sprites, and missing values were hunted down with the determination of a detective on the trail of a cunning culprit. Once the data landscape was cleared of obfuscation, it underwent a metamorphosis, transforming into a pristine canvas ready to receive the brushstrokes of statistical analysis.

Quantitative Analysis:
The essence of this correlation quest lay in the realm of numbers, where statistical algorithms and regression models became our trusty companions. Our researchers, armed with calculators and caffeine, ventured into the labyrinthine world of correlation coefficients and p-values. With the fortitude of intrepid explorers, they ventured forth, measuring the strength of the relationship between annual US household spending on home maintenance and the effervescent undulations of Edwards Lifesciences' stock price. The alchemy of data transformed into a correlation coefficient of 0.9754190, a number that might prompt a raised eyebrow or a bemused chuckle from the uninitiated observer.

Robustness Checks:
In our quest for scholarly integrity, we subjected our findings to the rigors of robustness checks. Sensitivity analyses and alternative specifications emerged as our stalwart companions, challenging the veracity of our discovered correlation with the dispassion of a stern inquisitor. Yet, through these trials of statistical fortitude, our correlation persisted, emerging unscathed and resolute in its quirky interconnectedness.

Limitations:
The convoluted paths of research are not without their brambles, and our endeavor was no exception. The limitations of our methodology lie in the inherent constraints of observational data and the potential influence of unobserved variables lurking in the shadows of correlation. While our findings offer a captivating glimpse into the relationship between home maintenance spending and stock prices, they are but a snapshot in the ever-unfolding narrative of market intricacies.

Conclusion:
Armed with data, statistical rigor, and a dash of scholarly whimsy, our research team has unveiled the entwined dance of annual US household spending on home maintenance and Edwards Lifesciences' stock price. The alluring correlation coefficient of 0.9754190, with a p-value of less than 0.01, stands as a testament to the unexpected connections that permeate the tapestry of financial markets. We invite fellow scholars and investors alike to ponder the enigmatic ties that bind seemingly unrelated facets of consumer behavior and market performance and to embrace the delightful unpredictability that resides in the heart of economic analyses.


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

Please make up the results section of an academic research paper presenting the findings of the connection between Annual US household spending on home maintenance and Edwards Lifesciences' stock price (EW). Make lots of jokes, goofy observations, and puns. Stay serious and dry most of the time, but then occasionally let your wit shine through.

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

For the time period 2002 to 2022, you found a correlation 0.9754190, r-squared of 0.9514421, 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]]
Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price

[[ABSTRACT]]
This paper delves into the curious connection between annual US household spending on home maintenance and the tumultuous fluctuations of Edwards Lifesciences' stock price. With a dash of humor and a sprinkle of wit, our research team embraces the challenge of untangling this quirky relationship. By harnessing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we embark on a journey through the labyrinth of numbers and trends. To our delight, we uncover a remarkably strong correlation coefficient of 0.9754190, with a p-value of less than 0.01, for the years spanning 2002 to 2022. Our findings not only shed light on the quirky interconnectedness of seemingly unrelated variables but also highlight the potential for investors to glean insights from the most unexpected places. So, grab your toolkit and join us in exploring this intriguing correlation that proves the stock market and home maintenance may just be more entwined than we ever imagined.

-------

And here is the methodology section that led to this result:
[[METHODOLOGY]]
INTRODUCTION
The world of finance is often viewed as a serious and complex arena, where numbers reign supreme and market trends dictate the rhythm of investors' hearts. And yet, amid the sea of stock tickers and economic indicators, there exists a whimsical relationship that has piqued our scholarly curiosity – the link between annual US household spending on home maintenance and the enigmatic undulations of Edwards Lifesciences' stock price (EW).
While one might not expect a connection between fixing leaky faucets and cardiac devices, our research endeavor aims to unravel the intriguing correlation that has eluded the gaze of many a market analyst. Armed with data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we set out to navigate the labyrinth of financial figures and consumer habits in pursuit of this unexpected relationship. Like explorers of an intellectual jungle, we sought to uncover hidden patterns and unearth the untold tales of market quirkiness.
As we sifted through the data, our initial skepticism gave way to bemusement as we discovered a remarkably strong correlation coefficient of 0.9754190, with a p-value that would make even the most seasoned statistician crack a smile – less than 0.01. The years 2002 to 2022 served as our canvas, and the brushstrokes of correlation painted a picture that defied conventional wisdom, asserting that perhaps there is more than meets the eye when it comes to the market's mysterious ways.
The curiosity that propelled this examination was not only to unravel a puzzling correlation but also to appreciate the serendipity that underlies the seemingly disparate realms of home maintenance and stock prices. Our findings not only illuminate this quirky interconnectedness but also unveil the potential for investors to draw insights from the most unexpected corners of consumer behavior. In doing so, we hope to nudge the boundaries of financial analysis and remind ourselves that even in the world of economics, surprises abound.
So, if you're ready to embrace the unexpected and wield your intellectual wrench, join us in unearthing the captivating ties that bind the stock market and home maintenance. Prepare for a journey that promises to tickle your scholarly sensibilities and may just leave you pondering the delightful dance of correlation in the most unlikely of places.

-------

Your response should start like this:

[[RESULTS]]



ChatGPT:

[[RESULTS]]

The enthralling exploration of the connection between annual US household spending on home maintenance and Edwards Lifesciences' stock price (EW) has rendered an astonishing revelation. Our research team, adept at navigating the convoluted terrain of financial data, uncovered a remarkably robust correlation coefficient of 0.9754190 for the years 2002 to 2022. This finding provides compelling evidence of a strong positive relationship between these seemingly unrelated variables. The calculated r-squared of 0.9514421 suggests that approximately 95.1% of the variability in Edwards Lifesciences' stock price can be explained by the variation in annual US household spending on home maintenance. It appears that the pulse of home maintenance resonates deeply with the heartbeat of Edwards Lifesciences' stock price.

The p-value, which humorously strayed into the territory of being as elusive as a well-hidden penny, exhibited a level of significance less than 0.01. This statistical feat accentuates the robustness of the observed relationship and bolsters the confidence in the accuracy of our findings. It seems that the financial fates of Edwards Lifesciences and home maintenance spending are indeed intertwined in a manner that commands attention and piques the curiosity of even the most discerning market observer.

We present the visual depiction of this rapport in Figure 1, where a scatterplot paints a vivid picture of the tight bond between these variables. The plot illustrates the data points aligning themselves in a harmonious dance, affirming the strength of the correlation and providing a visual feast for the eyes of those who appreciate the aesthetics of statistical relationships.

This finding, although unexpectedly whimsical, underscores the nuanced and multifaceted nature of the financial world. By shedding light on the unanticipated linkage between domestic upkeep and stock market fluctuations, our results not only invite intrigue but also beckon investors to expand their horizons and embrace the possibility of gleaning insights from the most peculiar sources. Thus, our contribution to the curious saga of financial correlations not only adds a touch of levity but also holds the potential to inspire a paradigm shift in the pursuit of market understanding.


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

Please make up the discussion section of an academic research paper presenting the findings of the connection between Annual US household spending on home maintenance and Edwards Lifesciences' stock price (EW). Make lots of jokes, goofy observations, and puns. Stay serious and dry most of the time, but then occasionally let your wit shine through.

Limit your response to 500 tokens.

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

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

[[TITLE]]
Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price

[[ABSTRACT]]
This paper delves into the curious connection between annual US household spending on home maintenance and the tumultuous fluctuations of Edwards Lifesciences' stock price. With a dash of humor and a sprinkle of wit, our research team embraces the challenge of untangling this quirky relationship. By harnessing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we embark on a journey through the labyrinth of numbers and trends. To our delight, we uncover a remarkably strong correlation coefficient of 0.9754190, with a p-value of less than 0.01, for the years spanning 2002 to 2022. Our findings not only shed light on the quirky interconnectedness of seemingly unrelated variables but also highlight the potential for investors to glean insights from the most unexpected places. So, grab your toolkit and join us in exploring this intriguing correlation that proves the stock market and home maintenance may just be more entwined than we ever imagined.

[[LITERATURE REVIEW]]
In "Smith and Doe (2020)," the authors find that annual US household spending on home maintenance exhibits a consistent pattern of allocating a portion of disposable income towards the upkeep of residential properties. This observation aligns with the broader consumer behavior literature, highlighting the intrinsic desire for a well-maintained and aesthetically pleasing living environment. As homeowners engage in various home maintenance activities, the prevailing economic climate and consumer sentiment play pivotal roles in shaping their spending decisions.
However, as we venture deeper into the literature, a peculiar connection emerges between fiction and reality. In "The Wealth of Nations" by Adam Smith, the author expounds on the principles of free-market economics and the invisible hand that guides economic transactions. While Smith's seminal work may not directly address the correlation between home maintenance spending and stock prices, it serves as a timeless reminder of the intricate dance between consumer behavior and market forces. On a lighter note, "The Money Pit" by Tom Hanks and Shelley Long humorously depicts the trials and tribulations of homeowners grappling with endless home maintenance woes. Little did the protagonists know that their escapades could hold a clue to the stock market's enigmatic fluctuations.
In the realm of social media musings, a tweet from @EconGuru2020 captures the essence of this idiosyncratic relationship: "Home maintenance and stock prices – a match made in financial wonderland or a whimsical quirk of fate? #EcoHumor #MarketMusings." While the tweet's tone oscillates between jest and philosophical contemplation, it underscores the intrigue surrounding the interconnectedness of seemingly disparate domains. Whimsical quirk of fate indeed, as we embark on our scholarly escapade to unravel the tangled web of household repairs and market dynamics.
The intersection of non-fiction and fiction literature, coupled with the quirky observations in social media spheres, invites us to approach our investigation with a dash of humor and an open mind. As we delve into the whimsical landscape surrounding the connection between home maintenance spending and Edwards Lifesciences' stock price, let us not forsake the delight of intellectual inquiry and the unexpected revelations that may await.
And so, armed with empirical findings and a sprinkling of levity, we venture forth into the heart of this peculiar correlation, eager to unveil the mysteries hidden within the juxtaposition of wrenches and stock tickers.

[[RESULTS]]
The enthralling exploration of the connection between annual US household spending on home maintenance and Edwards Lifesciences' stock price (EW) has rendered an astonishing revelation. Our research team, adept at navigating the convoluted terrain of financial data, uncovered a remarkably robust correlation coefficient of 0.9754190 for the years 2002 to 2022. This finding provides compelling evidence of a strong positive relationship between these seemingly unrelated variables. The calculated r-squared of 0.9514421 suggests that approximately 95.1% of the variability in Edwards Lifesciences' stock price can be explained by the variation in annual US household spending on home maintenance. It appears that the pulse of home maintenance resonates deeply with the heartbeat of Edwards Lifesciences' stock price.
The p-value, which humorously strayed into the territory of being as elusive as a well-hidden penny, exhibited a level of significance less than 0.01. This statistical feat accentuates the robustness of the observed relationship and bolsters the confidence in the accuracy of our findings. It seems that the financial fates of Edwards Lifesciences and home maintenance spending are indeed intertwined in a manner that commands attention and piques the curiosity of even the most discerning market observer.
We present the visual depiction of this rapport in Figure 1, where a scatterplot paints a vivid picture of the tight bond between these variables. The plot illustrates the data points aligning themselves in a harmonious dance, affirming the strength of the correlation and providing a visual feast for the eyes of those who appreciate the aesthetics of statistical relationships.
This finding, although unexpectedly whimsical, underscores the nuanced and multifaceted nature of the financial world. By shedding light on the unanticipated linkage between domestic upkeep and stock market fluctuations, our results not only invite intrigue but also beckon investors to expand their horizons and embrace the possibility of gleaning insights from the most peculiar sources. Thus, our contribution to the curious saga of financial correlations not only adds a touch of levity but also holds the potential to inspire a paradigm shift in the pursuit of market understanding.

-------

Your response should start like this:

[[DISCUSSION]]



ChatGPT:

[[DISCUSSION]]

Our research has both confirmed and expanded upon prior findings regarding the intriguing relationship between annual US household spending on home maintenance and Edwards Lifesciences' stock price. As per Smith and Doe's (2020) observations, our results align with the notion that homeowners consistently allocate part of their disposable income for the upkeep of their residential properties. This reflects the inherent desire for a well-maintained and aesthetically pleasing living environment, and as it turns out, this desire may have deeper financial implications than anticipated. It appears that consumer behavior, whether in the form of purchasing medical devices or maintaining one's household, plays a pivotal role in shaping economic trends.

Additionally, the timeless insights from Adam Smith's "The Wealth of Nations" remind us of the intricate interplay between consumer decisions and market dynamics. While Smith may not have explicitly contemplated the correlation between home maintenance spending and stock prices, the invisible hand guiding economic transactions seems to manifest itself in the unexpected harmony between these seemingly divergent realms.

Now, turning to the "whim" that is "The Money Pit," the classic film humorously portrays the tribulations of homeowners facing ceaseless home maintenance challenges. Little did the protagonists know that their trials could foreshadow the peculiar correlation we have unveiled. In a twist of fate, it seems that the financial woes experienced in "The Money Pit" could carry implications for stock prices, demonstrating the serendipitous interconnectedness of various facets of life.

Our findings not only validate these amusing musings but also elevate them to the status of empirical evidence. The robust correlation coefficient we discovered, akin to finding a well-hidden penny, emphasizes the solidity of the relationship between home maintenance spending and Edwards Lifesciences' stock price. Moreover, the statistical significance of our p-value, less than 0.01, serves as a compelling testament to the strength of this connection. It appears that the financial fates of Edwards Lifesciences and home maintenance spending are indeed entwined, prompting investors to consider the whimsical quirks of the market with a discerning eye.

In conclusion, our study sheds light on the unfathomable interconnectedness of seemingly disparate phenomena, inviting investors to broaden their perspectives and seek insights from the most unexpected sources, whether it be a well-kept home or the stock market's capricious dance. This novel correlation not only adds a touch of levity to the world of finance but also tantalizingly raises the prospect of uncovering hidden financial secrets in the most unlikely of places. Truly, the financial world never ceases to surprise, delight, and confound.


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

Please make up a short conclusion of an academic research paper presenting the findings of the connection between Annual US household spending on home maintenance and Edwards Lifesciences' stock price (EW). Make lots of jokes, goofy observations, and puns. Stay serious and dry most of the time, but then occasionally let your wit shine through.

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

Here are the title, abstract, introduction, and results sections.
[[TITLE]]
Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price

[[ABSTRACT]]
This paper delves into the curious connection between annual US household spending on home maintenance and the tumultuous fluctuations of Edwards Lifesciences' stock price. With a dash of humor and a sprinkle of wit, our research team embraces the challenge of untangling this quirky relationship. By harnessing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we embark on a journey through the labyrinth of numbers and trends. To our delight, we uncover a remarkably strong correlation coefficient of 0.9754190, with a p-value of less than 0.01, for the years spanning 2002 to 2022. Our findings not only shed light on the quirky interconnectedness of seemingly unrelated variables but also highlight the potential for investors to glean insights from the most unexpected places. So, grab your toolkit and join us in exploring this intriguing correlation that proves the stock market and home maintenance may just be more entwined than we ever imagined.

[[INTRDUCTION]]
INTRODUCTION
The world of finance is often viewed as a serious and complex arena, where numbers reign supreme and market trends dictate the rhythm of investors' hearts. And yet, amid the sea of stock tickers and economic indicators, there exists a whimsical relationship that has piqued our scholarly curiosity – the link between annual US household spending on home maintenance and the enigmatic undulations of Edwards Lifesciences' stock price (EW).
While one might not expect a connection between fixing leaky faucets and cardiac devices, our research endeavor aims to unravel the intriguing correlation that has eluded the gaze of many a market analyst. Armed with data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we set out to navigate the labyrinth of financial figures and consumer habits in pursuit of this unexpected relationship. Like explorers of an intellectual jungle, we sought to uncover hidden patterns and unearth the untold tales of market quirkiness.
As we sifted through the data, our initial skepticism gave way to bemusement as we discovered a remarkably strong correlation coefficient of 0.9754190, with a p-value that would make even the most seasoned statistician crack a smile – less than 0.01. The years 2002 to 2022 served as our canvas, and the brushstrokes of correlation painted a picture that defied conventional wisdom, asserting that perhaps there is more than meets the eye when it comes to the market's mysterious ways.
The curiosity that propelled this examination was not only to unravel a puzzling correlation but also to appreciate the serendipity that underlies the seemingly disparate realms of home maintenance and stock prices. Our findings not only illuminate this quirky interconnectedness but also unveil the potential for investors to draw insights from the most unexpected corners of consumer behavior. In doing so, we hope to nudge the boundaries of financial analysis and remind ourselves that even in the world of economics, surprises abound.
So, if you're ready to embrace the unexpected and wield your intellectual wrench, join us in unearthing the captivating ties that bind the stock market and home maintenance. Prepare for a journey that promises to tickle your scholarly sensibilities and may just leave you pondering the delightful dance of correlation in the most unlikely of places.

[[RESULTS]]
The enthralling exploration of the connection between annual US household spending on home maintenance and Edwards Lifesciences' stock price (EW) has rendered an astonishing revelation. Our research team, adept at navigating the convoluted terrain of financial data, uncovered a remarkably robust correlation coefficient of 0.9754190 for the years 2002 to 2022. This finding provides compelling evidence of a strong positive relationship between these seemingly unrelated variables. The calculated r-squared of 0.9514421 suggests that approximately 95.1% of the variability in Edwards Lifesciences' stock price can be explained by the variation in annual US household spending on home maintenance. It appears that the pulse of home maintenance resonates deeply with the heartbeat of Edwards Lifesciences' stock price.
The p-value, which humorously strayed into the territory of being as elusive as a well-hidden penny, exhibited a level of significance less than 0.01. This statistical feat accentuates the robustness of the observed relationship and bolsters the confidence in the accuracy of our findings. It seems that the financial fates of Edwards Lifesciences and home maintenance spending are indeed intertwined in a manner that commands attention and piques the curiosity of even the most discerning market observer.
We present the visual depiction of this rapport in Figure 1, where a scatterplot paints a vivid picture of the tight bond between these variables. The plot illustrates the data points aligning themselves in a harmonious dance, affirming the strength of the correlation and providing a visual feast for the eyes of those who appreciate the aesthetics of statistical relationships.
This finding, although unexpectedly whimsical, underscores the nuanced and multifaceted nature of the financial world. By shedding light on the unanticipated linkage between domestic upkeep and stock market fluctuations, our results not only invite intrigue but also beckon investors to expand their horizons and embrace the possibility of gleaning insights from the most peculiar sources. Thus, our contribution to the curious saga of financial correlations not only adds a touch of levity but also holds the potential to inspire a paradigm shift in the pursuit of market understanding.

-------

Your response should start like this:

[[CONCLUSION]]



ChatGPT:

[[CONCLUSION]]

In conclusion, our foray into the labyrinth of financial eccentricities has brought to light a delightfully unexpected connection between annual US household spending on home maintenance and the captivating undulations of Edwards Lifesciences' stock price (EW). The robust correlation coefficient of 0.9754190, akin to the bond between a diligent homeowner and their trusty wrench, has not only raised eyebrows but also reminded us of the whimsical dance of correlation in the most peculiar of places.

The visual representation of this correlation in Figure 1 resembles a beautiful waltz, where the data points twirl and whirl in perfect harmony, much like a well-coordinated home improvement project. The statistical significance, with a p-value that coyly winks at convention, leaves little room for doubt about the strength of this peculiar relationship. It seems that the pulse of domestic maintenance resonates in sync with the heartbeat of Edwards Lifesciences' stock price, akin to a synchronistic rhythm that defies the bounds of traditional financial norms.

Our findings not only illuminate the quirky interconnectedness of seemingly unrelated variables but also unveil the potential for investors to glean insights from the most unexpected corners of consumer behavior. Indeed, the financial world is a whimsical tapestry, woven with threads of unexpected correlations and unseen patterns that defy the stern gaze of conventional wisdom.

Therefore, with a dash of humor and a sprinkle of wit, we affirm that the connection between annual US household spending on home maintenance and Edwards Lifesciences' stock price is not a mere statistical anomaly but a peculiar partnership that beckons further exploration and, perhaps, the occasional chuckle at the surprising dance of market forces.

As the curtain falls on this quirky saga, we assert that no further research is needed in this area. Rather, let us embrace the unexpected, tip our hats to the curious quirks of financial correlations, and revel in the delightful mysteries that abound in the world of economics. After all, there is indeed more than meets the eye when it comes to the enthralling world of market intricacies.


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 Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price. Respond only with the name of a fictional academic journal.

ChatGPT:

The Journal of Eccentric Economic Analyses


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 Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price. Respond only with the name of a fictional organization.

ChatGPT:

The Institute for Home Economics and Financial Analysis


Model: gpt-3.5-turbo-1106
System prompt: You provide potential search keywords separated by commas. You say nothing else, and you do not chat with the user.
User prompt: Please provide potential search keywords for a paper titled Stock Your Toolkit: The Wrenching Relationship between Home Maintenance Spending and Edwards Lifesciences' Stock Price with an abstract of This paper delves into the curious connection between annual US household spending on home maintenance and the tumultuous fluctuations of Edwards Lifesciences' stock price. With a dash of humor and a sprinkle of wit, our research team embraces the challenge of untangling this quirky relationship. By harnessing data from the Bureau of Labor Statistics and LSEG Analytics (Refinitiv), we embark on a journey through the labyrinth of numbers and trends. To our delight, we uncover a remarkably strong correlation coefficient of 0.9754190, with a p-value of less than 0.01, for the years spanning 2002 to 2022. Our findings not only shed light on the quirky interconnectedness of seemingly unrelated variables but also highlight the potential for investors to glean insights from the most unexpected places. So, grab your toolkit and join us in exploring this intriguing correlation that proves the stock market and home maintenance may just be more entwined than we ever imagined.

ChatGPT:

home maintenance spending, stock price correlation, Edwards Lifesciences, stock market analysis, Bureau of Labor Statistics, LSEG Analytics, Refinitiv, correlation coefficient, p-value, investment insights

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



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Data details

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

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

See what else correlates with Edwards Lifesciences' stock price (EW)

Correlation r = 0.9754190 (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 = 0.9514421 (Coefficient of determination)
This means 95.1% of the change in the one variable (i.e., Edwards Lifesciences' stock price (EW)) is predictable based on the change in the other (i.e., Annual US household spending on home maintenance) over the 21 years from 2002 through 2022.

p < 0.01, which is statistically significant(Null hypothesis significance test)
The p-value is 6.1E-14. 0.0000000000000611050222717776
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 0.98 in 6.1E-12% of random cases. Said differently, if you correlated 16,365,266,926,052 random variables You don't actually need 16 trillion 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.

[ 0.94, 0.99 ] 95% correlation confidence interval (using the Fisher z-transformation)
The confidence interval is an estimate the range of the value of the correlation coefficient, using the correlation itself as an input. The values are meant to be the low and high end of the correlation coefficient with 95% confidence.

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


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

Still, sometimes one of the variables has more years of data available than the other. This page only shows the overlapping years. To see all the years, click on "See what else correlates with..." link above.
200220032004200520062007200820092010201120122013201420152016201720182019202020212022
Annual US household spending on home maintenance (Household spend)960965997110111151131117611381112112011531182129314381437161617031879215823352559
Edwards Lifesciences' stock price (EW) (Stock price)2.32.112.513.443.463.93.814.527.3113.5912.0115.3210.9521.3626.0331.2737.2350.6476.6791.5129.07




Why this works

  1. Data dredging: I have 25,153 variables in my database. I compare all these variables against each other to find ones that randomly match up. That's 632,673,409 correlation calculations! This is called “data dredging.” Instead of starting with a hypothesis and testing it, I instead abused the data to see what correlations shake out. It’s a dangerous way to go about analysis, because any sufficiently large dataset will yield strong correlations completely at random.
  2. Lack of causal connection: There is probably Because these pages are automatically generated, it's possible that the two variables you are viewing are in fact causually related. I take steps to prevent the obvious ones from showing on the site (I don't let data about the weather in one city correlate with the weather in a neighboring city, for example), but sometimes they still pop up. If they are related, cool! You found a loophole.
    no direct connection between these variables, despite what the AI says above. This is exacerbated by the fact that I used "Years" as the base variable. Lots of things happen in a year that are not related to each other! Most studies would use something like "one person" in stead of "one year" to be the "thing" studied.
  3. Observations not independent: For many variables, sequential years are not independent of each other. If a population of people is continuously doing something every day, there is no reason to think they would suddenly change how they are doing that thing on January 1. A simple Personally I don't find any p-value calculation to be 'simple,' but you know what I mean.
    p-value calculation does not take this into account, so mathematically it appears less probable than it really is.
  4. Y-axis doesn't start at zero: I truncated the Y-axes of the graph above. I also used a line graph, which makes the visual connection stand out more than it deserves. Nothing against line graphs. They are great at telling a story when you have linear data! But visually it is deceptive because the only data is at the points on the graph, not the lines on the graph. In between each point, the data could have been doing anything. Like going for a random walk by itself!
    Mathematically what I showed is true, but it is intentionally misleading. Below is the same chart but with both Y-axes starting at zero.




Try it yourself

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

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

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

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

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

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

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

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

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


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

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

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

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

    return correlation, r_squared, p_value

# These are the arrays for the variables shown on this page, but you can modify them to be any two sets of numbers
array_1 = np.array([960,965,997,1101,1115,1131,1176,1138,1112,1120,1153,1182,1293,1438,1437,1616,1703,1879,2158,2335,2559,])
array_2 = np.array([2.3,2.11,2.51,3.44,3.46,3.9,3.81,4.52,7.31,13.59,12.01,15.32,10.95,21.36,26.03,31.27,37.23,50.64,76.67,91.5,129.07,])
array_1_name = "Annual US household spending on home maintenance"
array_2_name = "Edwards Lifesciences' stock price (EW)"

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

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



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

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Correlation ID: 2006 · Black Variable ID: 19906 · Red Variable ID: 1755
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