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US Bank Lending Interest Rate vs US Urban Population
US Bank Lending Interest Rate and US Urban Population correlate at r = -0.38 over 62 years (1960–2021), p = 0.0025. With the time trend removed, r = -0.29. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.0025) and the association survives trend removal (detrended r = -0.29). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.38
- p-value
- 0.0025
- Years compared (n)
- 62 (1960–2021)
- 95% confidence interval
- -0.57 to -0.14
- Correlation with the time trend removed
- -0.29
Sources
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
- US Urban Population (% of total): World Bank. US Urban Population (World Bank indicator SP.URB.TOTL.IN.ZS).
Related pairs
- US Rural Population vs US Urban Population (r = -1.00)
- US Population vs US Urban Population (r = +0.97)
- US Adult Obesity vs US Urban Population (r = +0.95)
- US Median Age vs US Urban Population (r = +0.95)
- US Electricity Generation vs US Urban Population (r = +0.95)
- US Life Expectancy vs US Urban Population (r = +0.95)
Correlation does not imply causation. How the verdict is worked out.