Re:Everything Is Correlated
by snthpy on Thursday May 02, 2019 @10:13AM
(#19808085)
> Other example (my favorite, it was mindblowing when my teacher showed it to us on econometrics as a warning :) ) - gas pedal and speed of a car driving on a hilly road. Driver wants to drive near the speed limit, so he adjusts the gas pedal to keep the speed constant. Simplistic conclusion would be - speed is constant despite the gas pedal position changing therefore they are unrelated :)
I think that's Milton Friedman's Thermostat in case you want to search for it.
I think that's Milton Friedman's Thermostat in case you want to search for it.