February 15th, 2009, 5:53 pm
we should be careful with correlation and causality"...we conclude that economic activity has an important influence on the sun. Thus, Jevons's argument that a relationship exists between sunspots and economic activity was right but for the wrong reason. "Sheehan, R. G. and Grieves, R. (1982): "Sunspots and Cycles: A Test of Causation", Southern Economic Journal, Vol. 48. No. 3, pp 775-777In medicine in particular I noticed how correlation studies are abused all the time, correlation over short period of time do not necessary mean causality.
Last edited by
Collector on February 14th, 2009, 11:00 pm, edited 1 time in total.