Economists Do It With Models

Warning: “graphic” content…

Entries Tagged as 'Fun With Data'

Bookmark and Share
Things Economists Do When No One’s Looking, Olympics Edition…

March 1st, 2010 · 6 Comments
Fun With Data · Sports

Well here’s a model for ya…economist Daniel Johnson is getting a lot of press for a model that predicts Winter Olympic medal counts by country. A friend sent me the story about it that appeared in Forbes, and even the Freakonomics blog has taken up the cause. From the article:
Over the past five [...]

[Read more →]

Tags: Fun With Data · Sports

Bookmark and Share
On Why The New York Yankees Aren’t Like Groundhogs…

November 4th, 2009 · 7 Comments
Fun With Data · Sports

First, a reminder on correlation versus causation here. For those of you that are too lazy to read that link, let me summarize: CORRELATION DOES NOT IMPLY CAUSATION.

Now that we are reminded of that important concept, let me introduce what I find to be a particularly amusing article on the relationship between Yankee success [...]

[Read more →]

Tags: Fun With Data · Sports

Bookmark and Share
On “The Least Surprising Correlation Of All Time”, SAT Scores Edition…

August 31st, 2009 · 15 Comments
Fun With Data

On Thursday, the NYT Economix Blog reported on the correlation between (self-reported) family income and SAT scores. The main thesis is summarized by the following graphic:

My first thought was “How on earth do these kids know how much their parents make?” since, when I was in high school, I really had very little clue [...]

[Read more →]

Tags: Fun With Data