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US Bank Lending Interest Rate vs US Population Aged 65+

US Bank Lending Interest Rate and US Population Aged 65+ correlate at r = -0.24 over 62 years (1960–2021), p = 0.060. With the time trend removed, r = +0.20. Not statistically significant.

Verdict: Not statistically significant. With n = 62, this correlation isn't statistically significant (p = 0.060). It could easily be chance.

Pearson r
-0.24
p-value
0.060
Years compared (n)
62 (1960–2021)
95% confidence interval
-0.46 to 0.01
Correlation with the time trend removed
+0.20

Sources

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