According to Wikipedia, a spurious correlation is a mathematical relationship in which two or more events or variables are associated but not causally related, due to either coincidence or the presence of a certain third, unseen factor (referred to as a "common response variable", "confounding factor", or "lurking variable"). Tyler Vigen, a graduate of Harvard Law School and currently a consultant at … Continue reading Spurious Correlations – Nicholas Cage, Tangled Bedsheets, and Venomous Spiders
Tag: correlation
Beer and Diapers – the Perfect Couple
The topic for my class today was technology in the business world, and one of the items we discussed was data mining. Data mining involves using technology and algorithms to discover previously unknown relationships between two or more items. There is a story related to data mining that I have told for years; the truth of … Continue reading Beer and Diapers – the Perfect Couple
Borden's Blather 