CorrelateAI › Pairs
US Dollar to Euro vs US Resident Patent Applications
US Dollar to Euro and US Resident Patent Applications correlate at r = -0.42 over 23 years (1999–2021), p = 0.045. With the time trend removed, r = -0.34. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.045) and the association survives trend removal (detrended r = -0.34). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.42
- p-value
- 0.045
- Years compared (n)
- 23 (1999–2021)
- 95% confidence interval
- -0.71 to -0.01
- Correlation with the time trend removed
- -0.34
Sources
- US Dollar to Euro (EUR per USD): Frankfurter (ECB). Annual mean US Dollar to Euro exchange rate (European Central Bank reference rates).
- US Resident Patent Applications (applications): World Bank. US Resident Patent Applications (World Bank indicator IP.PAT.RESD).
Related pairs
- US Mobile Subscriptions vs US Resident Patent Applications (r = +0.99)
- US Adult Obesity vs US Resident Patent Applications (r = +0.98)
- US Resident Patent Applications vs US Population (r = +0.98)
- Atmospheric CO₂ (Mauna Loa) vs US Resident Patent Applications (r = +0.97)
- US GDP per Capita vs US Resident Patent Applications (r = +0.97)
- US GDP (current US$) vs US Resident Patent Applications (r = +0.97)
Correlation does not imply causation. How the verdict is worked out.