I need to go away and think about that :D
Which is it? It's track position - 4th track on the A side, i.e. the last track, tells you how important they thought it was. Which is to say, it was a "throwaway" track that made it big. It happens.
The other odd thing about that album is "When the Levee Breaks" is considered to be the 2nd-most popular song off of the album and it too was the last track on the B side.
What this tells me is the album's producer, one Jimmy Page, was out of touch with what Led Zeppelin fans liked most. Based off the sound of the next album, Houses of the Holy, I'd say Mr. Page got the message loud and clear.
Those are two examples off the top of my head. If you give me a bit of time to put my kid to bed, I’m sure that I’ll find many more.
My guess would be some filtering (to remove the actual music) and some kind of autocorrelation algorithm to detect some periodic patterns with a period matching the expected rotation speed of a record within a few percent (33.3 RPM, it doesn't talk about 45/78).