Skip to content
Financial management

Manage Your Business Efficiently

  • About Dmytro Dodenko
  • Articles & Notes
  • Contacts
  • English
    • Українська
    • Русский
    • English
  • facebook.com
  • LinkedIn

Correlation Is Not Causation

Diagram illustrating hot weather as the hidden third factor causing both increased ice cream sales and swimming accidents.

The Ice Cream Mystery: How Not to Drown in Data

Why do ice cream sales and lifeguard rescues rise together? Discover the difference between correlation and causation in this simple data analysis guide. Learn how to spot hidden factors and avoid false conclusions.
Read More
09.10.2025Tags: Correlation Is Not Causation, Critical Thinking, Data Traps, Statistics
Search
Navigation menu
  • Featured
  • Business Strategy & Development
  • Corporate Finance & Capital Structure
  • Financial Analysis & Planning
  • Financial Reporting
  • International Financial Management
  • Investments
  • Risk Management
  • Theory of Constraints
  • Working Capital Management
Tags
Absorption Costing (3) Bottleneck Management (1) Budgeting (2) Business Management (13) Business Strategy (1) Business Valuation (1) Capital Budgeting (1) Cash Management (1) CFO Perspective (1) Contribution Margin (2) Corporate Culture (8) Corporate Finance (1) Costing Traps (4) Cost traps (1) Critical Thinking (4) Data Traps (1) Differentiation Strategy (1) Discounted Cash Flow (1) Economic Moat (1) Eliyahu Goldratt (1) ESG (1) Executive Role (2) Financial analysis (9) Financial Planning (5) IFRS (1) Internal Rate of Return (1) Inventory Management (2) Investment Analysis (2) Investment Appraisal (1) Leadership (3) Management (4) Managerial Accounting (7) Marginal Analysis (1) Pricing Strategy (1) Product Mix Optimization (1) Profit Maximization (1) Project Management (2) Reinvestment Rate (1) Statistics (1) Strategic Planning (6) Strategic Thinking (4) Throughput Accounting (1) TOC (1) Variable Costing (6) Weighted Average Cost (1)
  • Terms of Use
  • Privacy Policy
Copyright 2008-2025 — Dmytro Dodenko. All rights reserved.
Scroll to Top