Fun with the DJIA and Excel

Oct 08, 2008 16:37

From 1970 to November 1994, taking a point sample every 5 years, the values of the Dow Jones Industrial Average can be plotted closely with this:

y = 10.389x^3 + 96.31x^2 - 479.94x + 1150
R^2 = 0.9938

After November 1994, the actual value of the average skyrockets off of the projected curve, not coming back to meet or cross it until, well, the ( Read more... )

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ernunnos October 9 2008, 00:42:37 UTC
Easy money. Alan Greenspan & Bill Clinton threw a party.

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