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  • Correlation and Causation: A Great Reminder

Business Strategy

21 Sep 2014

Correlation and Causation: A Great Reminder

  • By Bill Conerly
  • In Business Strategy, Economy, Public Policy

We've heard it (and I've said it) thousands of times: correlation does not mean causation.

Yet we still make the mistake (and I do mean "we").

Tyler Vigen has developed a correlation machine. He has scraped lots and lots of data series, then gone searching for correlation. Take a look at the Spurious Correlations website, and watch Tyler's video down at the bottom. (Hat tip: Greg Mankiw)

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