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US Dollar to Japanese Yen vs US Resident Patent Applications

US Dollar to Japanese Yen and US Resident Patent Applications correlate at r = -0.27 over 23 years (1999–2021), p = 0.218. With the time trend removed, r = -0.15. Not statistically significant.

Verdict: Not statistically significant. With n = 23, this correlation isn't statistically significant (p = 0.218). It could easily be chance.

Pearson r
-0.27
p-value
0.218
Years compared (n)
23 (1999–2021)
95% confidence interval
-0.61 to 0.16
Correlation with the time trend removed
-0.15

Sources

Related pairs

Correlation does not imply causation. How the verdict is worked out.