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99% correlation sounds high, but I wonder what the correlation is with other stores, and with what statistical confidence you can actually conclude that Home Depot was the victim here...


It was a 99.4% overlap in zip codes listed for sale and zip codes listed as having a HD storefront. I think you might want to reread that section.


Yes but what's the correlation like for other common stores? I've lived in a lot of different towns in the US and every single on of them has had a Home Depot in town. They've also all had a Target. I'd be curious to know what that correlation looked like.


Exactly, correlation is not causation. I bet they have an even higher correlation with Walmart.




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