By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    data science anayst
    Growing Demand for Data Science & Data Analyst Roles
    6 Min Read
    predictive analytics in dropshipping
    Predictive Analytics Helps New Dropshipping Businesses Thrive
    12 Min Read
    data-driven approach in healthcare
    The Importance of Data-Driven Approaches to Improving Healthcare in Rural Areas
    6 Min Read
    analytics for tax compliance
    Analytics Changes the Calculus of Business Tax Compliance
    8 Min Read
    big data analytics in gaming
    The Role of Big Data Analytics in Gaming
    10 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: The Data Analytics of Leap Year
Share
Notification Show More
Latest News
ai in automotive industry
AI Is Changing the Automotive Industry Forever
Artificial Intelligence
SMEs Use AI-Driven Financial Software for Greater Efficiency
Artificial Intelligence
data security in big data age
6 Reasons to Boost Data Security Plan in the Age of Big Data
Big Data
data science anayst
Growing Demand for Data Science & Data Analyst Roles
Data Science
ai software development
Key Strategies to Develop AI Software Cost-Effectively
Artificial Intelligence
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > The Data Analytics of Leap Year
Analytics

The Data Analytics of Leap Year

Brett Stupakevich
Last updated: 2012/02/29 at 2:55 PM
Brett Stupakevich
3 Min Read
SHARE

Leap Year Infographic photo (data analytics)

Leap Year Infographic photo (data analytics)

Today is Leap Day, which only happens every four years. This extra day has the ultimate purpose of keeping the calendar aligned with Earth’s revolutions around the sun. If we were to skip Leap Year, we’d lose six hours off our calendar each year, according to TimeandDate.com.

More Read

data science anayst

Growing Demand for Data Science & Data Analyst Roles

Predictive Analytics Helps New Dropshipping Businesses Thrive
The Importance of Data-Driven Approaches to Improving Healthcare in Rural Areas
Analytics Changes the Calculus of Business Tax Compliance
The Role of Big Data Analytics in Gaming

So, in celebration of saving time, we’re bringing you the data analytics of Leap Year.

Does Leap Year Make a Business Difference?

According to most sources, not really, unless you’re looking at it in the short term. For instance, Matthew Yglesias, a business and economics correspondent for Slate Magazine, discussed the economic impact of the extra day. He writes, “Anyone who’s subjected to monthly performance metrics of any kind will do a bit better than he would in a normal February.”

However, if you look at the impact on the average person – renters get a “free” day and anyone with parking or public transportation permits gets a “free pass.” But it’s also an extra day of fuel and utilities consumption, and eating.

While it doesn’t affect bigger businesses much, for a small business like Richard Dux’s Chicago Subway franchise, it means “about 90 more working hours and an additional $70 in utilities,” according to a report in the Chicago Tribune.

But Dux agrees with University of Chicago economics professor Sebastien Gay, in that “losses can be made up next month.”

Leap Year Birthdays – When to Celebrate?

Your chances of being born on February 29 are about 1 in 1,461 and about 4 million-5 million people around the world only celebrate their birthdays every four years.

The day can cause problems for people with the 2/29 birthday because many online systems don’t recognize it.

Most “leaplings” choose to celebrate on either February 28 or March 1. However, many states make them wait until March 1 to be considered “legal” to purchase alcohol or tobacco or to obtain drivers’ licenses.

Role Reversal

In Ireland, today is considered a permissible day for women to propose to men because of a deal St. Bridget made with St. Patrick “to bring some balance to the traditional roles of men and women.”

In some other European countries, if a man refuses a lass’ proposal, he must award the “jilted woman” a meal, a gift or “buy her a dozen gloves to cover up her ringless fingers,” according to an article from the Toronto Star.

Oh yeah, don’t get married in Greece today. It’s considered unlucky.

Next Steps: Tweet us if you have a Leap Day birthday. Also let us know what six hours less per year would mean to your business and subscribe to our blog for more on data analytics.

 

 

 

 

Brett Stupakevich February 29, 2012
Share this Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

ai in automotive industry
AI Is Changing the Automotive Industry Forever
Artificial Intelligence
SMEs Use AI-Driven Financial Software for Greater Efficiency
Artificial Intelligence
data security in big data age
6 Reasons to Boost Data Security Plan in the Age of Big Data
Big Data
data science anayst
Growing Demand for Data Science & Data Analyst Roles
Data Science

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

data science anayst
Data Science

Growing Demand for Data Science & Data Analyst Roles

6 Min Read
predictive analytics in dropshipping
Predictive Analytics

Predictive Analytics Helps New Dropshipping Businesses Thrive

12 Min Read
data-driven approach in healthcare
Analytics

The Importance of Data-Driven Approaches to Improving Healthcare in Rural Areas

6 Min Read
analytics for tax compliance
Analytics

Analytics Changes the Calculus of Business Tax Compliance

8 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?