Research Laboratory
Run regressions · Inequality analysis · Satellite economic activity · Custom dataset upload · Advanced modelling
Bivariate Regression Analysis
Explore relationships between macro variables across 20 economies using OLS regression
0.0038
R² (Fit)
0.0613
Correlation (r)
0.5850
Slope (β)
20
Observations
Regression Results
Equation: Inflation = 17.71 + 0.5850 × Unemployment
Interpretation: The R² of 0.004 indicates that 0.4% of the variation in Inflation is explained by Unemployment across our 20-country sample. The correlation coefficient of 0.061 suggests a weak positive relationship.
⚠️ Low correlation — these variables may not have a meaningful linear relationship in cross-section, or the relationship may be confounded by other variables.