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US Dollar to Euro vs US Alcohol Consumption
US Dollar to Euro and US Alcohol Consumption correlate at r = -0.45 over 21 years (2000–2020), p = 0.043. With the time trend removed, r = -0.44. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.043) and the association survives trend removal (detrended r = -0.44). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.45
- p-value
- 0.043
- Years compared (n)
- 21 (2000–2020)
- 95% confidence interval
- -0.74 to -0.02
- Correlation with the time trend removed
- -0.44
Sources
- US Dollar to Euro (EUR per USD): Frankfurter (ECB). Annual mean US Dollar to Euro exchange rate (European Central Bank reference rates).
- US Alcohol Consumption (litres/person): Our World in Data. US Alcohol Consumption (Our World in Data: Alcohol consumption).
Related pairs
- US Alcohol Consumption vs US Median Age (r = +0.94)
- US Alcohol Consumption vs US Marriage Rate (r = -0.94)
- US Alcohol Consumption vs US Health Expenditure (r = +0.93)
- US Alcohol Consumption vs US GDP per Capita (r = +0.93)
- US Alcohol Consumption vs US GDP (current US$) (r = +0.92)
- Atmospheric CO₂ (Mauna Loa) vs US Alcohol Consumption (r = +0.92)
Correlation does not imply causation. How the verdict is worked out.