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Tag Archives: spurious correlations

Avoid Inflated and Spurious Correlations

Biomass Rules Posted on September 26, 2024 by Mark JennerSeptember 26, 2024

It is an election year, and the number of charts showing the economy-wide influences by a single factor are up.  A recent chart making a thin claim about the cause of inflation struck me as a similar rhythm to my … Continue reading →

Posted in analytics, economics, policy, science | Tagged association, avoid inflated and spurious correlations, causality, Consumer Price Index (CPI), CPI 1982-1984=100, creative thinking, critical thinking, easy data likely not representative, factors that influence inflation, pay attention, spurious correlations | Leave a reply

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Mission Statement:
Providing solutions through the strategic utilization of all kinds of biomass; the development of new markets for food, fiber, and fuels; and streamlining regulations.

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ˈbī-ō-ˌmas. noun. 1 : the unit area or volume of living matter, 2 : plant materials and animal waste used as renewable feedstocks into new processes.

rules:
'rül. 1: noun. 1 : regulations, bylaws or governing procedure, 2: verb. a : to exert control, direction, or influence on, b : to declare authoritatively.

Manure…
is not a four-letter word.

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