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US Resident Patent Applications vs US Tax Revenue

US Resident Patent Applications and US Tax Revenue correlate at r = -0.25 over 42 years (1980–2021), p = 0.117. With the time trend removed, r = +0.06. Not statistically significant.

Verdict: Not statistically significant. With n = 42, this correlation isn't statistically significant (p = 0.117). It could easily be chance.

Pearson r
-0.25
p-value
0.117
Years compared (n)
42 (1980–2021)
95% confidence interval
-0.51 to 0.06
Correlation with the time trend removed
+0.06

Sources

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