If there is going to be a vast right-wing conspiracy to favor Halliburton and Bechtel, one would hope that Dubya & Co would be, say, competent about it.

Unfortunately for H&B, there appears to be little correlation between the size of the contribution and the size of reconstruction contract.

Quoting from the article:

Running the numbers, the good news for the Center for Public Integrity is that there is indeed a positive correlation between contributions and contracts. The bad news is, the correlation coefficient turns out to be 0.192 and not statistically significant. To understand how weak those numbers are, go to this Web site and move your cursor to 0.2. An old joke among statistically minded social scientists is that “the world is correlated at 0.3.”

[Via
Dean's World]

If there is going to be a vast right-wing conspiracy to favor Halliburton and Bechtel, one would hope that Dubya & Co would be, say, competent about it.

Unfortunately for H&B, there appears to be little correlation between the size of the contribution and the size of reconstruction contract.

Quoting from the article:

Running the numbers, the good news for the Center for Public Integrity is that there is indeed a positive correlation between contributions and contracts. The bad news is, the correlation coefficient turns out to be 0.192 and not statistically significant. To understand how weak those numbers are, go to this Web site and move your cursor to 0.2. An old joke among statistically minded social scientists is that “the world is correlated at 0.3.”

[Via
Dean's World]