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US Coal Consumption vs US Bank Lending Interest Rate
US Coal Consumption and US Bank Lending Interest Rate correlate at r = +0.03 over 57 years (1965–2021), p = 0.850. With the time trend removed, r = +0.27. Not statistically significant.
Verdict: Not statistically significant. With n = 57, this correlation isn't statistically significant (p = 0.850). It could easily be chance.
- Pearson r
- +0.03
- p-value
- 0.850
- Years compared (n)
- 57 (1965–2021)
- 95% confidence interval
- -0.24 to 0.28
- Correlation with the time trend removed
- +0.27
Sources
- US Coal Consumption (TWh): Our World in Data. US Coal Consumption (Our World in Data: Coal).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US Coal Consumption vs US R&D Expenditure (r = -0.93)
- US Coal Consumption vs US Wind Power Generation (r = -0.90)
- US Dollar to British Pound vs US Coal Consumption (r = -0.87)
- US Coal Consumption vs US Solar Energy Consumption (r = -0.85)
- US Adult Obesity vs US Bank Lending Interest Rate (r = -0.85)
- US Alcohol Consumption vs US Coal Consumption (r = -0.82)
Correlation does not imply causation. How the verdict is worked out.