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US R&D Expenditure vs US Unemployment Rate
US R&D Expenditure and US Unemployment Rate correlate at r = -0.11 over 28 years (1996–2023), p = 0.574. With the time trend removed, r = -0.26. Not statistically significant.
Verdict: Not statistically significant. With n = 28, this correlation isn't statistically significant (p = 0.574). It could easily be chance.
- Pearson r
- -0.11
- p-value
- 0.574
- Years compared (n)
- 28 (1996–2023)
- 95% confidence interval
- -0.46 to 0.27
- Correlation with the time trend removed
- -0.26
Sources
- US R&D Expenditure (% of GDP): World Bank. US R&D Expenditure (World Bank indicator GB.XPD.RSDV.GD.ZS).
- US Unemployment Rate (% of labor force): World Bank. US Unemployment Rate (World Bank indicator SL.UEM.TOTL.ZS).
Related pairs
- US Unemployment Rate vs US Youth Unemployment (r = +0.98)
- Atmospheric Methane (global) vs US R&D Expenditure (r = +0.95)
- US Wind Power Generation vs US R&D Expenditure (r = +0.95)
- US Population Aged 65+ vs US R&D Expenditure (r = +0.95)
- US Solar Energy Consumption vs US R&D Expenditure (r = +0.94)
- US Federal Debt Outstanding vs US R&D Expenditure (r = +0.94)
Correlation does not imply causation. How the verdict is worked out.