When 0.9997 Correlations Fail

The following chart shows the 20 year moving average of annual miles traveled per capita. A trend line in red has been added.


Click to enlarge.

This is definitely the most impressive "sure thing" failure yet. 0.9997! Sis boom bah!

Sis boom bah.
Describe the sound made when a sheep explodes.

January 12, 2014
Toyota Sees Auto Industry Growth Slowing in 2014

Continued sales growth will be more a result of economic gains rather than pent-up demand, he said. “That’s good, because pent-up demand can carry you just so far.”

You think?

Source Data:
St. Louis Fed: Custom Chart

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Posted by: Tukiyooo When 0.9997 Correlations Fail Updated at : 1:27 PM

Monday, February 24, 2014