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New York Average Temperature vs US Bank Lending Interest Rate
New York Average Temperature and US Bank Lending Interest Rate correlate at r = -0.15 over 62 years (1960–2021), p = 0.239. With the time trend removed, r = +0.09. Not statistically significant.
Verdict: Not statistically significant. With n = 62, this correlation isn't statistically significant (p = 0.239). It could easily be chance.
- Pearson r
- -0.15
- p-value
- 0.239
- Years compared (n)
- 62 (1960–2021)
- 95% confidence interval
- -0.39 to 0.10
- Correlation with the time trend removed
- +0.09
Sources
- New York Average Temperature (°C): Open-Meteo (ERA5). Annual mean 2m air temperature for New York from the ERA5 reanalysis.
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US Adult Obesity vs US Bank Lending Interest Rate (r = -0.85)
- US Forest Area vs US Bank Lending Interest Rate (r = -0.81)
- Atmospheric Methane (global) vs US Bank Lending Interest Rate (r = -0.80)
- US Bank Lending Interest Rate vs US Resident Patent Applications (r = -0.79)
- New York Average Temperature vs Global Temperature Anomaly (r = +0.74)
- New York Average Temperature vs Atmospheric CO₂ (Mauna Loa) (r = +0.73)
Correlation does not imply causation. How the verdict is worked out.