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CREATED BY chris • LAST EDITED BY chris 6462 days AGO
Google acquires DoubleClick. The sound of chairs flying ...

Paul Kedrosky on Bid 'Em Up Brin'In describing the pitfalls of data mining, David Leinweber "sifted through a United Nations CD-ROM and discovered that historically, the single best predictor of the Standard & Poor's 500-stock index was butter production in Bangladesh."'

Addendum: Being "a good citizen of the interweb", Mr Leinweber has uploaded a copy of the article detailing this (& more) for your entertainment:

Stupid Data Miner Tricks: Overfitting the S&P 500

"When doing this kind of analysis it's important to be very careful what you ask for, because you’ll get it."


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