The correlation between President Bush’s approval rating and gasoline prices is strikingly strong — it’s got an r2 of .77 which simply means that gasoline prices are a very good predictor of his ratings.
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Open source, procurement, and gov tech.
The correlation between President Bush’s approval rating and gasoline prices is strikingly strong — it’s got an r2 of .77 which simply means that gasoline prices are a very good predictor of his ratings.
Comments are closed.
arent you missing the decimal? Isn’t the r-squared .77?
granted, very highly correlated, but also remember
correlation is not the same as causation.
Looks like a slipped finger — an r squared of 77 would be something to behold, indeed. :)