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Sydney Average Temperature vs US Bank Lending Interest Rate
Sydney Average Temperature and US Bank Lending Interest Rate correlate at r = -0.18 over 62 years (1960–2021), p = 0.164. With the time trend removed, r = +0.02. Not statistically significant.
Verdict: Not statistically significant. With n = 62, this correlation isn't statistically significant (p = 0.164). It could easily be chance.
- Pearson r
- -0.18
- p-value
- 0.164
- Years compared (n)
- 62 (1960–2021)
- 95% confidence interval
- -0.41 to 0.07
- Correlation with the time trend removed
- +0.02
Sources
- Sydney Average Temperature (°C): Open-Meteo (ERA5). Annual mean 2m air temperature for Sydney 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)
- US Inflation Rate vs US Bank Lending Interest Rate (r = +0.73)
- US Bank Lending Interest Rate vs US Mobile Subscriptions (r = -0.73)
Correlation does not imply causation. How the verdict is worked out.