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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 3:59 PM EST

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To: Gottfried who wrote (173237)3/4/2003 2:42:40 PM
From: tcmay  Read Replies (2) of 186894
 
"Tim, I would like to make sure everyone looking at my chart knows the 'ratio' is [SEMI equipment bookings/ww SIA chip sales] home.attbi.com

The chart was made to show SEMI equipment investors what % of sales chip makers commit for equipment orders.

Actual ww SIA chip sales are here home.attbi.com
"

Great. Doesn't change the point that there is no statistical significance to the odd/even year up/down correlation.

For the chip sales chart,

Odd years: 3 up, 1 down
Even years: 2 up, 2 down

Anyone who thinks this is statistically significant needs some very basic training in statistics. (I would suggest experiments with coin flips, with runs of random digits, and for the more studious, calculations of the Poisson distribution, tests of statistical significance, the null hypothesis and how to accept or reject it, and so on.)

--Tim May
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