Wednesday, September 19, 2012

Silly Economist Moments

When you spend every waking moment with your nose in an Econ book or processing data for regression equations, you tend to forget that the rest of America doesn't think like you.  For example, I was walking out of church the other day and spied this bumper sticker on a fellow parishioner's car:



My first thought - I'm not kidding - was that R-squared is a measure for goodness of fit in a regression equation.  And then I wondered, what could be going on with R-squared in 2012, is a new measure coming out?  This is really going to be something to talk about in my Econometrics class.  Oh wait, never mind, that's a campaign sticker...

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