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Spurious correlation #2,643 · View random

A linear line chart with years as the X-axis and two variables on the Y-axis. The first variable is Gasoline pumped in Singapore and the second variable is Hess Corporation's stock price (HES).  The chart goes from 2002 to 2021, and the two variables track closely in value over that time. Small Image
Download png
, svg

AI explanation

As more gasoline was pumped in Singapore, there was a corresponding uptick in the demand for Hess Corporation's products, leading to an increase in their stock price. The connection may stem from a little-known economic theory called "Petrolian Economics," which posits that the act of pumping gas in one part of the world somehow revs up the financial engines for energy companies elsewhere. It's a fuelish concept, but it seems to have driven the stock price higher, much to the bewilderment of experts who are still trying to gasp the mechanics of this bizarre correlation.

Model: dalle-3
Prompt: Generate an image of a Discovery magazine cover featuring a bustling Singapore gas station. In the scene, a row of shiny pumps dispenses a steady stream of gasoline into waiting cars. The air is filled with the scent of fuel as the number of cars being fueled steadily increases. Meanwhile, on a nearby digital screen, the stock price of Hess Corporation (HES) rises rapidly, reflecting the surge in investor enthusiasm caused by the fumes of the extra gasoline. The image should capture the vibrant atmosphere of the gas station, with dynamic perspectives and vibrant colors that convey the energy and excitement of the 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: Gasoline pumped in Singapore and Hess Corporation's stock price (HES). 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: Sci-fi fantacy A photo-realistic image Vaporwave Surrealism A Discovery magazine cover image
ChatGPT: A Discovery magazine cover 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 Gasoline pumped in Singapore and Hess Corporation's stock price (HES), in the following situation: The increase in gasoline pumped in Singapore caused Hess Corporation's stock price to increase because the fumes from the extra gasoline created a temporary "high" for investors, leading to a surge in demand for the company's stock.. Keep the description simple.
ChatGPT: In a bustling Singapore gas station, a row of shiny pumps dispenses a steady stream of gasoline into waiting cars. The air is filled with the scent of fuel as the number of cars being fueled steadily increases. Meanwhile, on a nearby digital screen, the stock price of Hess Corporation (HES) rises rapidly, reflecting the surge in investor enthusiasm caused by the fumes of the extra gasoline.

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 Discovery magazine cover image ] and depicting this scene: In a bustling Singapore gas station, a row of shiny pumps dispenses a steady stream of gasoline into waiting cars. The air is filled with the scent of fuel as the number of cars being fueled steadily increases. Meanwhile, on a nearby digital screen, the stock price of Hess Corporation (HES) rises rapidly, reflecting the surge in investor enthusiasm caused by the fumes of the extra gasoline. Keep the visual depiction simple. Do not include any words or speech bubbles.
ChatGPT: Generate an image of a Discovery magazine cover featuring a bustling Singapore gas station. In the scene, a row of shiny pumps dispenses a steady stream of gasoline into waiting cars. The air is filled with the scent of fuel as the number of cars being fueled steadily increases. Meanwhile, on a nearby digital screen, the stock price of Hess Corporation (HES) rises rapidly, reflecting the surge in investor enthusiasm caused by the fumes of the extra gasoline. The image should capture the vibrant atmosphere of the gas station, with dynamic perspectives and vibrant colors that convey the energy and excitement of the 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 Gasoline pumped in Singapore caused Hess Corporation's stock price (HES) to increase.

AI academic paper

(Because p < 0.01)
Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price

The Journal of Energy Economics and Capital Markets

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 Gasoline pumped in Singapore and Hess Corporation's stock price (HES). Make it seem dry like academic research paper, but with lots of subtle hidden offhand remarks, jokes, goofy observations, and puns.

Make the title punny if you can come up with clever pun. If not, just make it sound clever.

Your research team used data from Energy Information Administration and LSEG Analytics (Refinitiv) to assess this nagging question. You found a correlation coefficient of 0.7878866 and p < 0.01 for 2002 to 2021.

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]]
Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price

[[ABSTRACT]]
This study examines the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES). Utilizing comprehensive data from the Energy Information Administration and LSEG Analytics (Refinitiv), our research team conducted an in-depth analysis spanning the period from 2002 to 2021. Through rigorous statistical methods, we established a robust correlation coefficient of 0.7878866 and a significance level (p) below 0.01, showcasing a compelling statistical connection. Our findings unveil a notable association between the pump price of gasoline in the vibrant streets of Singapore and the fluctuating stock performance of the Hess Corporation. The spillover effects of this relationship extend beyond the economic realm and beckon further exploration into the intricate dance between energy commodities and stock market dynamics. As we delve into this complex nexus, we hope to shed light on the fascinating interplay of seemingly disparate financial indicators and propel forward a new wave of interdisciplinary inquiry.


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 Gasoline pumped in Singapore and Hess Corporation's stock price (HES). Make it seem dry like academic research paper, but with lots of subtle hidden offhand remarks, jokes, goofy observations, and puns.

Here is the title and abstract of the paper:
[[TITLE]]
Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price

[[ABSTRACT]]
This study examines the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES). Utilizing comprehensive data from the Energy Information Administration and LSEG Analytics (Refinitiv), our research team conducted an in-depth analysis spanning the period from 2002 to 2021. Through rigorous statistical methods, we established a robust correlation coefficient of 0.7878866 and a significance level (p) below 0.01, showcasing a compelling statistical connection. Our findings unveil a notable association between the pump price of gasoline in the vibrant streets of Singapore and the fluctuating stock performance of the Hess Corporation. The spillover effects of this relationship extend beyond the economic realm and beckon further exploration into the intricate dance between energy commodities and stock market dynamics. As we delve into this complex nexus, we hope to shed light on the fascinating interplay of seemingly disparate financial indicators and propel forward a new wave of interdisciplinary inquiry.

-------

Your response should start like this:

[[INTRODUCTION]]



ChatGPT:
INTRODUCTION

The world of finance and commodities often seems to be an enigmatic tangle of numbers, trends, and mystical forces operating beneath the surface. We live in a society where the price of gasoline can seemingly affect everything from our daily commute to the size of our paycheck (as if by witchcraft). In this paper, we dare to venture into the labyrinth of financial intricacies to unravel the mysterious relationship between the pump price of gasoline in Singapore and the stock price of Hess Corporation (HES). As we embark on this odyssey, one can't help but wonder if the fumes of Singaporean petrol can truly act as the elusive elixir for illuminating the fortunes of a multinational energy corporation.

This exploration has been greeted with skepticism and disbelief from the cynics, who brush it off as nothing more than wild speculation amidst numbers and statistics – a bit like playing darts blindfolded. Nevertheless, armed with data, analytical tools, and a dash of curiosity, we ventured forth undeterred, seeking to uncover the hidden connections that underlie the volatility of the stock market and the mundane activities of fuel pumping halfway across the globe.

With a nod to the diligent data miners and number-crunchers who have ventured before us, we present our findings as a humble addition to the ever-growing body of financial literature. Our journey into the intertwined realms of gasoline prices and stock valuations has yielded intriguing insights that beckon us further into the unexplored nooks and crannies of market dynamics. As we stand at the crossroads between the tangible world of energy commodities and the ephemeral realm of stock prices, we invite you to join us in this quest for wisdom and perhaps a few surprising twists and turns along the way. After all, as we all know, the world of finance is a rollercoaster ride – and sometimes the view is more thrilling when we take the unexpected route.


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 Gasoline pumped in Singapore and Hess Corporation's stock price (HES). Make it seem dry like academic research paper, but with lots of subtle hidden offhand remarks, 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 name a few real TV shows that sound like they might be relevant to the topic that you watched as research.

Here is the title and abstract of the paper:
[[TITLE]]
Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price

[[ABSTRACT]]
This study examines the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES). Utilizing comprehensive data from the Energy Information Administration and LSEG Analytics (Refinitiv), our research team conducted an in-depth analysis spanning the period from 2002 to 2021. Through rigorous statistical methods, we established a robust correlation coefficient of 0.7878866 and a significance level (p) below 0.01, showcasing a compelling statistical connection. Our findings unveil a notable association between the pump price of gasoline in the vibrant streets of Singapore and the fluctuating stock performance of the Hess Corporation. The spillover effects of this relationship extend beyond the economic realm and beckon further exploration into the intricate dance between energy commodities and stock market dynamics. As we delve into this complex nexus, we hope to shed light on the fascinating interplay of seemingly disparate financial indicators and propel forward a new wave of interdisciplinary inquiry.

-------

And here is the introduction section that led to this literature review:
[[INTRODUCTION]]
INTRODUCTION
The world of finance and commodities often seems to be an enigmatic tangle of numbers, trends, and mystical forces operating beneath the surface. We live in a society where the price of gasoline can seemingly affect everything from our daily commute to the size of our paycheck (as if by witchcraft). In this paper, we dare to venture into the labyrinth of financial intricacies to unravel the mysterious relationship between the pump price of gasoline in Singapore and the stock price of Hess Corporation (HES). As we embark on this odyssey, one can't help but wonder if the fumes of Singaporean petrol can truly act as the elusive elixir for illuminating the fortunes of a multinational energy corporation.
This exploration has been greeted with skepticism and disbelief from the cynics, who brush it off as nothing more than wild speculation amidst numbers and statistics – a bit like playing darts blindfolded. Nevertheless, armed with data, analytical tools, and a dash of curiosity, we ventured forth undeterred, seeking to uncover the hidden connections that underlie the volatility of the stock market and the mundane activities of fuel pumping halfway across the globe.
With a nod to the diligent data miners and number-crunchers who have ventured before us, we present our findings as a humble addition to the ever-growing body of financial literature. Our journey into the intertwined realms of gasoline prices and stock valuations has yielded intriguing insights that beckon us further into the unexplored nooks and crannies of market dynamics. As we stand at the crossroads between the tangible world of energy commodities and the ephemeral realm of stock prices, we invite you to join us in this quest for wisdom and perhaps a few surprising twists and turns along the way. After all, as we all know, the world of finance is a rollercoaster ride – and sometimes the view is more thrilling when we take the unexpected route.

-------

Your response should start like this:

[[LITERATURE REVIEW]]



ChatGPT:
[[LITERATURE REVIEW]]

The multifaceted relationship between energy commodities and stock market dynamics has long been a subject of intrigue and fascination among researchers and investors alike. While the traditional wisdom espouses a clear distinction between the two spheres, recent investigations have unveiled a nexus that intertwines the seemingly disparate domains of gasoline prices and stock valuations. The present literature review endeavors to elucidate this enigmatic connection, drawing from a diverse array of sources that span the realms of academic research, non-fiction literature, and even the fictional landscapes of imaginative storytelling.

Smith and Doe (2015) delved into the intricacies of commodity markets and their impact on financial instruments, laying the groundwork for understanding the ripple effects of energy prices on stock valuations. Their seminal work shed light on the intertwined nature of these markets, hinting at the underlying mechanisms that drive the price movements of stocks such as Hess Corporation (HES) in response to fluctuations in gasoline prices within international markets.

Jones et al. (2018) carried forward this torch of inquiry, scrutinizing the influence of global energy trends on the stock performances of leading corporations in the energy sector. Their empirical findings provided empirical support for the notion that the price of gasoline and other energy commodities holds an intrinsic sway over the ebb and flow of stock prices, offering a compelling rationale for delving into the specific case of Hess Corporation in relation to Singaporean gasoline prices.

Turning to the domain of non-fiction literature, "The Price of Power: Oil, Gas, War, and Regulation" by Book (2012) provides a comprehensive expedition into the geopolitical and economic underpinnings of energy markets. While the book primarily focuses on the broader impact of oil and gas on global affairs, its insight into the complexities of energy pricing provides a valuable backdrop for comprehending the underlying forces at play in our investigation.

In a surprising twist, "Pump Fiction: A Novel Approach to Fueling Stock Market Speculation" by Novelist (2019) offers a whimsical take on the interplay between imaginative storytelling and financial speculation. While the book professes to be a work of fiction, its narrative intricacies weave together the fantastical realm of fuel pumping with the perplexing mysteries of stock market fortunes, hinting at an unexpected parallel with our research pursuits.

Moreover, the realm of television has not been devoid of relevance to our investigation. "Fueling Fortunes: A Financial Odyssey" is a compelling documentary series that delves into the uncharted territories of stock market anomalies, including the obscure yet captivating correlations between everyday commodities and stock performances. The insights gleaned from such entertainment-oriented endeavors serve to punctuate the eccentric allure of our research domain, reminding us that the unexpected often lurks in the most unassuming of places.

As we navigate the diverse tapestry of academic literature, non-fiction exposés, fictional musings, and televised odysseys, we are primed to embark on a journey that transcends disciplinary boundaries and embraces the quirkiness that permeates the intersection of energy markets and stock valuations. The ensuing sections of this paper will illuminate the empirical findings that stem from our expedition into the fascinating interplay between gasoline prices in Singapore and the stock price of Hess Corporation (HES), ensuring that the revelatory synergies between the two realms are unveiled with scholarly rigor and perhaps a touch of unexpected humor.


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 Gasoline pumped in Singapore and Hess Corporation's stock price (HES). Make it seem dry like academic research paper, but with lots of subtle hidden offhand remarks, jokes, goofy observations, and puns.

Your research team collected data from all across the internet, but mostly just used information from Energy Information Administration and LSEG Analytics (Refinitiv) . You used data from 2002 to 2021

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]]
Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price

[[ABSTRACT]]
This study examines the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES). Utilizing comprehensive data from the Energy Information Administration and LSEG Analytics (Refinitiv), our research team conducted an in-depth analysis spanning the period from 2002 to 2021. Through rigorous statistical methods, we established a robust correlation coefficient of 0.7878866 and a significance level (p) below 0.01, showcasing a compelling statistical connection. Our findings unveil a notable association between the pump price of gasoline in the vibrant streets of Singapore and the fluctuating stock performance of the Hess Corporation. The spillover effects of this relationship extend beyond the economic realm and beckon further exploration into the intricate dance between energy commodities and stock market dynamics. As we delve into this complex nexus, we hope to shed light on the fascinating interplay of seemingly disparate financial indicators and propel forward a new wave of interdisciplinary inquiry.

[[INTRODUCTION]]
INTRODUCTION
The world of finance and commodities often seems to be an enigmatic tangle of numbers, trends, and mystical forces operating beneath the surface. We live in a society where the price of gasoline can seemingly affect everything from our daily commute to the size of our paycheck (as if by witchcraft). In this paper, we dare to venture into the labyrinth of financial intricacies to unravel the mysterious relationship between the pump price of gasoline in Singapore and the stock price of Hess Corporation (HES). As we embark on this odyssey, one can't help but wonder if the fumes of Singaporean petrol can truly act as the elusive elixir for illuminating the fortunes of a multinational energy corporation.
This exploration has been greeted with skepticism and disbelief from the cynics, who brush it off as nothing more than wild speculation amidst numbers and statistics – a bit like playing darts blindfolded. Nevertheless, armed with data, analytical tools, and a dash of curiosity, we ventured forth undeterred, seeking to uncover the hidden connections that underlie the volatility of the stock market and the mundane activities of fuel pumping halfway across the globe.
With a nod to the diligent data miners and number-crunchers who have ventured before us, we present our findings as a humble addition to the ever-growing body of financial literature. Our journey into the intertwined realms of gasoline prices and stock valuations has yielded intriguing insights that beckon us further into the unexplored nooks and crannies of market dynamics. As we stand at the crossroads between the tangible world of energy commodities and the ephemeral realm of stock prices, we invite you to join us in this quest for wisdom and perhaps a few surprising twists and turns along the way. After all, as we all know, the world of finance is a rollercoaster ride – and sometimes the view is more thrilling when we take the unexpected route.

-------

Your response should start like this:

[[METHODOLOGY]]



ChatGPT:

METHODOLOGY

Our research methodology involved a multi-faceted approach that combined quantitative analysis, econometric modeling, and a sprinkle of investigative flair. We amassed an extensive dataset from the Energy Information Administration and LSEG Analytics (Refinitiv), harnessing the power of the internet to retrieve a treasure trove of information dating back to 2002. The process of data collection was akin to embarking on a digital treasure hunt, with the internet serving as our expansive map and the databases as our buried riches.

To establish the correlation between the pump price of gasoline in Singapore and the stock price of Hess Corporation (HES), we employed advanced statistical techniques that would make even the most stolid of number crunchers raise an admiring eyebrow. Through the magic of software tools and hours of painstaking analysis, we applied cross-sectional and time-series methods to analyze the intricate dance between gasoline prices and stock performance. The statistical wizardry involved bivariate correlation analysis, regression modeling, and time-series decomposition – a veritable smorgasbord of statistical incantations.

As every self-respecting researcher knows, a bit of model tinkering goes a long way. This led to the development of a bespoke econometric model tailored to capture the nuances of the gasoline-stock price connection. We explored various specifications and sensitivities, prudently navigating the labyrinth of model diagnostics and robustness checks to ensure our results were as solid as a well-built spreadsheet – no shaky cells or algorithmic hiccups here!

It should be noted that our path was not without its twisty turns and quirky detours. The journey of research is often fraught with unexpected surprises, and we encountered our fair share of peculiar anomalies and statistical hiccups that required a touch of scholarly finesse to untangle. Nevertheless, armed with persistence and a touch of academic enthusiasm, we navigated these deviations with a sense of adventure, embracing the chaos amidst the numbers.

In summary, our methodology blended academic rigor with a dash of intrepid exploration, culminating in a robust analysis of the connection between the hardly mundane activity of gasoline pumping in Singapore and the captivating fluctuations of Hess Corporation's stock price. In the next section, we will tantalize you with our riveting findings - and we promise they're more exciting than watching gasoline prices at a pump station.


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 Gasoline pumped in Singapore and Hess Corporation's stock price (HES). Make it seem dry like academic research paper, but with lots of subtle hidden offhand remarks, jokes, goofy observations, and puns.

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

For the time period 2002 to 2021, you found a correlation 0.7878866, r-squared of 0.6207653, 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]]
Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price

[[ABSTRACT]]
This study examines the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES). Utilizing comprehensive data from the Energy Information Administration and LSEG Analytics (Refinitiv), our research team conducted an in-depth analysis spanning the period from 2002 to 2021. Through rigorous statistical methods, we established a robust correlation coefficient of 0.7878866 and a significance level (p) below 0.01, showcasing a compelling statistical connection. Our findings unveil a notable association between the pump price of gasoline in the vibrant streets of Singapore and the fluctuating stock performance of the Hess Corporation. The spillover effects of this relationship extend beyond the economic realm and beckon further exploration into the intricate dance between energy commodities and stock market dynamics. As we delve into this complex nexus, we hope to shed light on the fascinating interplay of seemingly disparate financial indicators and propel forward a new wave of interdisciplinary inquiry.

-------

And here is the methodology section that led to this result:
[[METHODOLOGY]]
INTRODUCTION
The world of finance and commodities often seems to be an enigmatic tangle of numbers, trends, and mystical forces operating beneath the surface. We live in a society where the price of gasoline can seemingly affect everything from our daily commute to the size of our paycheck (as if by witchcraft). In this paper, we dare to venture into the labyrinth of financial intricacies to unravel the mysterious relationship between the pump price of gasoline in Singapore and the stock price of Hess Corporation (HES). As we embark on this odyssey, one can't help but wonder if the fumes of Singaporean petrol can truly act as the elusive elixir for illuminating the fortunes of a multinational energy corporation.
This exploration has been greeted with skepticism and disbelief from the cynics, who brush it off as nothing more than wild speculation amidst numbers and statistics – a bit like playing darts blindfolded. Nevertheless, armed with data, analytical tools, and a dash of curiosity, we ventured forth undeterred, seeking to uncover the hidden connections that underlie the volatility of the stock market and the mundane activities of fuel pumping halfway across the globe.
With a nod to the diligent data miners and number-crunchers who have ventured before us, we present our findings as a humble addition to the ever-growing body of financial literature. Our journey into the intertwined realms of gasoline prices and stock valuations has yielded intriguing insights that beckon us further into the unexplored nooks and crannies of market dynamics. As we stand at the crossroads between the tangible world of energy commodities and the ephemeral realm of stock prices, we invite you to join us in this quest for wisdom and perhaps a few surprising twists and turns along the way. After all, as we all know, the world of finance is a rollercoaster ride – and sometimes the view is more thrilling when we take the unexpected route.

-------

Your response should start like this:

[[RESULTS]]



ChatGPT:

[[RESULTS]]

In examining the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES), our research uncovered a striking correlation coefficient of 0.7878866, with an r-squared value of 0.6207653, and a significance level (p) below 0.01. These statistical measurements attest to a strong and meaningful association between these seemingly disparate variables.

Fig. 1 depicts a scatterplot illustrating the robust correlation between the pump price of gasoline in Singapore and the fluctuating stock performance of Hess Corporation. The scatterplot vividly captures the dance between these two variables, painting a picture worth a thousand words, or in the case of this academic paper, at least a couple of hundred.

The evident connection between the pump price of gasoline and the stock price of Hess Corporation adds a new layer to the intricate tapestry of financial dynamics. These findings offer a glimpse into the intriguing interplay of energy commodities and stock market performance, inviting further exploration and analysis.

As we unpack the implications of this correlation, it becomes increasingly evident that the pump price of gasoline in Singapore may hold more sway over the stock price of Hess Corporation than previously perceived. The tendrils of this relationship extend beyond the numbers, evoking thoughts of how a seemingly mundane commodity can influence the fickle ebbs and flows of stock market valuations.

The statistical significance of this correlation sparks many questions and avenues for further investigation, highlighting the potential impact of energy commodity prices on the dynamics of multinational corporations. The implications of this correlation carry weight and warrant consideration in the broader context of financial markets and energy economics.

In conclusion, our findings illuminate a captivating link between the price of gasoline in Singapore and Hess Corporation's stock price, inviting a reevaluation of the interconnectedness of seemingly disparate economic indicators. We invite readers to ponder this revelatory connection and join us in our quest to navigate the unpredictable waters of financial intricacies, armed with our statistical compass and curiosity as our guiding lights.


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 Gasoline pumped in Singapore and Hess Corporation's stock price (HES). Make it seem dry like academic research paper, but with lots of subtle hidden offhand remarks, jokes, goofy observations, and puns.

Limit your response to 500 tokens.

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

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

[[TITLE]]
Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price

[[ABSTRACT]]
This study examines the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES). Utilizing comprehensive data from the Energy Information Administration and LSEG Analytics (Refinitiv), our research team conducted an in-depth analysis spanning the period from 2002 to 2021. Through rigorous statistical methods, we established a robust correlation coefficient of 0.7878866 and a significance level (p) below 0.01, showcasing a compelling statistical connection. Our findings unveil a notable association between the pump price of gasoline in the vibrant streets of Singapore and the fluctuating stock performance of the Hess Corporation. The spillover effects of this relationship extend beyond the economic realm and beckon further exploration into the intricate dance between energy commodities and stock market dynamics. As we delve into this complex nexus, we hope to shed light on the fascinating interplay of seemingly disparate financial indicators and propel forward a new wave of interdisciplinary inquiry.

[[LITERATURE REVIEW]]
The multifaceted relationship between energy commodities and stock market dynamics has long been a subject of intrigue and fascination among researchers and investors alike. While the traditional wisdom espouses a clear distinction between the two spheres, recent investigations have unveiled a nexus that intertwines the seemingly disparate domains of gasoline prices and stock valuations. The present literature review endeavors to elucidate this enigmatic connection, drawing from a diverse array of sources that span the realms of academic research, non-fiction literature, and even the fictional landscapes of imaginative storytelling.
Smith and Doe (2015) delved into the intricacies of commodity markets and their impact on financial instruments, laying the groundwork for understanding the ripple effects of energy prices on stock valuations. Their seminal work shed light on the intertwined nature of these markets, hinting at the underlying mechanisms that drive the price movements of stocks such as Hess Corporation (HES) in response to fluctuations in gasoline prices within international markets.
Jones et al. (2018) carried forward this torch of inquiry, scrutinizing the influence of global energy trends on the stock performances of leading corporations in the energy sector. Their empirical findings provided empirical support for the notion that the price of gasoline and other energy commodities holds an intrinsic sway over the ebb and flow of stock prices, offering a compelling rationale for delving into the specific case of Hess Corporation in relation to Singaporean gasoline prices.
Turning to the domain of non-fiction literature, "The Price of Power: Oil, Gas, War, and Regulation" by Book (2012) provides a comprehensive expedition into the geopolitical and economic underpinnings of energy markets. While the book primarily focuses on the broader impact of oil and gas on global affairs, its insight into the complexities of energy pricing provides a valuable backdrop for comprehending the underlying forces at play in our investigation.
In a surprising twist, "Pump Fiction: A Novel Approach to Fueling Stock Market Speculation" by Novelist (2019) offers a whimsical take on the interplay between imaginative storytelling and financial speculation. While the book professes to be a work of fiction, its narrative intricacies weave together the fantastical realm of fuel pumping with the perplexing mysteries of stock market fortunes, hinting at an unexpected parallel with our research pursuits.
Moreover, the realm of television has not been devoid of relevance to our investigation. "Fueling Fortunes: A Financial Odyssey" is a compelling documentary series that delves into the uncharted territories of stock market anomalies, including the obscure yet captivating correlations between everyday commodities and stock performances. The insights gleaned from such entertainment-oriented endeavors serve to punctuate the eccentric allure of our research domain, reminding us that the unexpected often lurks in the most unassuming of places.
As we navigate the diverse tapestry of academic literature, non-fiction exposés, fictional musings, and televised odysseys, we are primed to embark on a journey that transcends disciplinary boundaries and embraces the quirkiness that permeates the intersection of energy markets and stock valuations. The ensuing sections of this paper will illuminate the empirical findings that stem from our expedition into the fascinating interplay between gasoline prices in Singapore and the stock price of Hess Corporation (HES), ensuring that the revelatory synergies between the two realms are unveiled with scholarly rigor and perhaps a touch of unexpected humor.

[[RESULTS]]
In examining the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES), our research uncovered a striking correlation coefficient of 0.7878866, with an r-squared value of 0.6207653, and a significance level (p) below 0.01. These statistical measurements attest to a strong and meaningful association between these seemingly disparate variables.
Fig. 1 depicts a scatterplot illustrating the robust correlation between the pump price of gasoline in Singapore and the fluctuating stock performance of Hess Corporation. The scatterplot vividly captures the dance between these two variables, painting a picture worth a thousand words, or in the case of this academic paper, at least a couple of hundred.
The evident connection between the pump price of gasoline and the stock price of Hess Corporation adds a new layer to the intricate tapestry of financial dynamics. These findings offer a glimpse into the intriguing interplay of energy commodities and stock market performance, inviting further exploration and analysis.
As we unpack the implications of this correlation, it becomes increasingly evident that the pump price of gasoline in Singapore may hold more sway over the stock price of Hess Corporation than previously perceived. The tendrils of this relationship extend beyond the numbers, evoking thoughts of how a seemingly mundane commodity can influence the fickle ebbs and flows of stock market valuations.
The statistical significance of this correlation sparks many questions and avenues for further investigation, highlighting the potential impact of energy commodity prices on the dynamics of multinational corporations. The implications of this correlation carry weight and warrant consideration in the broader context of financial markets and energy economics.
In conclusion, our findings illuminate a captivating link between the price of gasoline in Singapore and Hess Corporation's stock price, inviting a reevaluation of the interconnectedness of seemingly disparate economic indicators. We invite readers to ponder this revelatory connection and join us in our quest to navigate the unpredictable waters of financial intricacies, armed with our statistical compass and curiosity as our guiding lights.

-------

Your response should start like this:

[[DISCUSSION]]



ChatGPT:

[[DISCUSSION]]

The robust correlation coefficient of 0.7878866 unveiled in our study underscores the intriguing connection between the pump price of gasoline in the bustling streets of Singapore and the stock performance of the Hess Corporation. Our findings align with previous research, including the whimsical twist of "Pump Fiction: A Novel Approach to Fueling Stock Market Speculation," which while portrayed as fiction, hinted at a parallel with our research pursuits. This unexpected resonance with fictional narratives underscores the enigmatic allure of our investigation and emphasizes the potential for unanticipated linkages to be revealed in the seemingly mundane world of energy commodities and stock valuations.

Moreover, the empirical support for the influence of global energy trends on stock performances, as highlighted by Jones et al. (2018), resonates with our findings, signifying the entwined nature of these markets. Indeed, the plot thickens as we navigate this complex nexus, reminiscent of the unforeseen twists in a thrilling mystery novel, albeit one centered on economic interdependencies rather than a suspenseful storyline.

As we delve into the implications of our correlation, it is essential to acknowledge the potential spillover effects of this relationship that extend beyond the realm of numbers and figures. The uncovering of a compelling statistical connection between the pump price of gasoline in Singapore and the stock performance of Hess Corporation serves as a poignant reminder that in the world of financial dynamics, the unexpected often lurks amidst seemingly mundane commodities, much like finding a hidden gem in a cluttered marketplace.

The statistical significance of our findings not only showcases the tangible impact of energy commodity prices on multinational corporations but also beckons further exploration and analysis into the intriguing interplay of these financial indicators. By shedding light on the captivating link between the price of gasoline in Singapore and Hess Corporation's stock price, our study paves the way for a renewed appreciation of the interconnectedness and potential spillover effects of seemingly disparate economic indicators, unearthing the humorous irony that a pump price can be an undercurrent shaping stock valuations.


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 Gasoline pumped in Singapore and Hess Corporation's stock price (HES). Make it seem dry like academic research paper, but with lots of subtle hidden offhand remarks, jokes, goofy observations, and puns.

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

Here are the title, abstract, introduction, and results sections.
[[TITLE]]
Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price

[[ABSTRACT]]
This study examines the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES). Utilizing comprehensive data from the Energy Information Administration and LSEG Analytics (Refinitiv), our research team conducted an in-depth analysis spanning the period from 2002 to 2021. Through rigorous statistical methods, we established a robust correlation coefficient of 0.7878866 and a significance level (p) below 0.01, showcasing a compelling statistical connection. Our findings unveil a notable association between the pump price of gasoline in the vibrant streets of Singapore and the fluctuating stock performance of the Hess Corporation. The spillover effects of this relationship extend beyond the economic realm and beckon further exploration into the intricate dance between energy commodities and stock market dynamics. As we delve into this complex nexus, we hope to shed light on the fascinating interplay of seemingly disparate financial indicators and propel forward a new wave of interdisciplinary inquiry.

[[INTRDUCTION]]
INTRODUCTION
The world of finance and commodities often seems to be an enigmatic tangle of numbers, trends, and mystical forces operating beneath the surface. We live in a society where the price of gasoline can seemingly affect everything from our daily commute to the size of our paycheck (as if by witchcraft). In this paper, we dare to venture into the labyrinth of financial intricacies to unravel the mysterious relationship between the pump price of gasoline in Singapore and the stock price of Hess Corporation (HES). As we embark on this odyssey, one can't help but wonder if the fumes of Singaporean petrol can truly act as the elusive elixir for illuminating the fortunes of a multinational energy corporation.
This exploration has been greeted with skepticism and disbelief from the cynics, who brush it off as nothing more than wild speculation amidst numbers and statistics – a bit like playing darts blindfolded. Nevertheless, armed with data, analytical tools, and a dash of curiosity, we ventured forth undeterred, seeking to uncover the hidden connections that underlie the volatility of the stock market and the mundane activities of fuel pumping halfway across the globe.
With a nod to the diligent data miners and number-crunchers who have ventured before us, we present our findings as a humble addition to the ever-growing body of financial literature. Our journey into the intertwined realms of gasoline prices and stock valuations has yielded intriguing insights that beckon us further into the unexplored nooks and crannies of market dynamics. As we stand at the crossroads between the tangible world of energy commodities and the ephemeral realm of stock prices, we invite you to join us in this quest for wisdom and perhaps a few surprising twists and turns along the way. After all, as we all know, the world of finance is a rollercoaster ride – and sometimes the view is more thrilling when we take the unexpected route.

[[RESULTS]]
In examining the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES), our research uncovered a striking correlation coefficient of 0.7878866, with an r-squared value of 0.6207653, and a significance level (p) below 0.01. These statistical measurements attest to a strong and meaningful association between these seemingly disparate variables.
Fig. 1 depicts a scatterplot illustrating the robust correlation between the pump price of gasoline in Singapore and the fluctuating stock performance of Hess Corporation. The scatterplot vividly captures the dance between these two variables, painting a picture worth a thousand words, or in the case of this academic paper, at least a couple of hundred.
The evident connection between the pump price of gasoline and the stock price of Hess Corporation adds a new layer to the intricate tapestry of financial dynamics. These findings offer a glimpse into the intriguing interplay of energy commodities and stock market performance, inviting further exploration and analysis.
As we unpack the implications of this correlation, it becomes increasingly evident that the pump price of gasoline in Singapore may hold more sway over the stock price of Hess Corporation than previously perceived. The tendrils of this relationship extend beyond the numbers, evoking thoughts of how a seemingly mundane commodity can influence the fickle ebbs and flows of stock market valuations.
The statistical significance of this correlation sparks many questions and avenues for further investigation, highlighting the potential impact of energy commodity prices on the dynamics of multinational corporations. The implications of this correlation carry weight and warrant consideration in the broader context of financial markets and energy economics.
In conclusion, our findings illuminate a captivating link between the price of gasoline in Singapore and Hess Corporation's stock price, inviting a reevaluation of the interconnectedness of seemingly disparate economic indicators. We invite readers to ponder this revelatory connection and join us in our quest to navigate the unpredictable waters of financial intricacies, armed with our statistical compass and curiosity as our guiding lights.

-------

Your response should start like this:

[[CONCLUSION]]



ChatGPT:

[[CONCLUSION]]

In light of our comprehensive analysis, it is clear that the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES) is no mere quirk of happenstance. The robust correlation coefficient of 0.7878866 and a significance level (p) below 0.01 provide compelling evidence of this intriguing link. The scatterplot vividly captures the dance between these two variables, prompting us to wonder if there's a tango of fuel and finance occurring when no one is looking.

While this paper may have delved into the seemingly mundane world of pump prices and stock valuations, it has illuminated a dynamic interplay that speaks to the interconnected nature of financial markets. As we ponder the significance of this correlation, one wonders if the stock market truly runs on oil, or in this case, gasoline. It seems that even the smell of petrol fumes can cast a lasting impact on the rise and fall of stock prices, leaving us to joke – the next time we fill up our gas tanks in Singapore, we might be making an investment in the stock market.

In light of these findings, it is evident that further research in this area may not be necessary. For now, let us bask in the curious connection between Singaporean gasoline and Hess Corporation's stock price, a delightful tale woven in the intricate fabric of financial dynamics. After all, not all academic pursuits need to be serious – sometimes, it's the unexpected twists that keep us pumped up for more.


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 Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price. Respond only with the name of a fictional academic journal.

ChatGPT:

The Journal of Energy Economics and Capital Markets


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 Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price. Respond only with the name of a fictional organization.

ChatGPT:

The Society for Petrochemical Economics and Research


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 Fuel for Thought: The Pumped-up Connection between Singapore Gasoline and Hess Corporation's Stock Price with an abstract of This study examines the relationship between the price of gasoline in Singapore and the stock price of Hess Corporation (HES). Utilizing comprehensive data from the Energy Information Administration and LSEG Analytics (Refinitiv), our research team conducted an in-depth analysis spanning the period from 2002 to 2021. Through rigorous statistical methods, we established a robust correlation coefficient of 0.7878866 and a significance level (p) below 0.01, showcasing a compelling statistical connection. Our findings unveil a notable association between the pump price of gasoline in the vibrant streets of Singapore and the fluctuating stock performance of the Hess Corporation. The spillover effects of this relationship extend beyond the economic realm and beckon further exploration into the intricate dance between energy commodities and stock market dynamics. As we delve into this complex nexus, we hope to shed light on the fascinating interplay of seemingly disparate financial indicators and propel forward a new wave of interdisciplinary inquiry.

ChatGPT:

gasoline price, Singapore, Hess Corporation, stock price, correlation, statistical analysis, Energy Information Administration, LSEG Analytics, Refinitiv, stock market dynamics, energy commodities, spillover effects

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



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Data details

Gasoline pumped in Singapore
Detailed data title: Volume of gasoline pumped consumed in Singapore in millions of barrels per day
Source: Energy Information Administration
See what else correlates with Gasoline pumped in Singapore

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

See what else correlates with Hess Corporation's stock price (HES)

Correlation r = 0.7878866 (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 = 0.6207653 (Coefficient of determination)
This means 62.1% of the change in the one variable (i.e., Hess Corporation's stock price (HES)) is predictable based on the change in the other (i.e., Gasoline pumped in Singapore) over the 20 years from 2002 through 2021.

p < 0.01, which is statistically significant(Null hypothesis significance test)
The p-value is 3.7E-5. 0.0000371128896034737850000000
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 0.79 in 0.0037% of random cases. Said differently, if you correlated 26,945 random variables You don't actually need 26 thousand variables to find a correlation like this one. 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.

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 19 degrees of freedom, Degrees of freedom is a measure of how many free components we are testing. In this case it is 19 because we have two variables measured over a period of 20 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.

[ 0.53, 0.91 ] 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.
20022003200420052006200720082009201020112012201320142015201620172018201920202021
Gasoline pumped in Singapore (Million Barrels/Day)15.611115.58771616.42917.410518.602419.483819.139919.607319.747519.973320.121519.9111181717.153517.553517.130118.415518.4155
Hess Corporation's stock price (HES) (Stock price)20.818.1317.7527.3342.8348.85100.0753.9161.8477.9458.7254.1382.9573.1948.463.3847.9739.2967.5153.85




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([15.6111,15.5877,16,16.429,17.4105,18.6024,19.4838,19.1399,19.6073,19.7475,19.9733,20.1215,19.9111,18,17,17.1535,17.5535,17.1301,18.4155,18.4155,])
array_2 = np.array([20.8,18.13,17.75,27.33,42.83,48.85,100.07,53.91,61.84,77.94,58.72,54.13,82.95,73.19,48.4,63.38,47.97,39.29,67.51,53.85,])
array_1_name = "Gasoline pumped in Singapore"
array_2_name = "Hess Corporation's stock price (HES)"

# 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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You do not need to attribute "the spurious correlations website," and you don't even need to link here if you don't want to. I don't gain anything from pageviews. There are no ads on this site, there is nothing for sale, and I am not for hire.

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."

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

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Correlation ID: 2643 · Black Variable ID: 24900 · Red Variable ID: 1729
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