Moist-Meat-Popsicle
Moist-Meat-Popsicle t1_j7cyqh5 wrote
Reply to comment by Downtown_Gear8588 in Economic freedom (Index of Economic Freedom) vs Income inequality (Gini coefficient) in 153 countries [OC] by Independent-Ad-514
Came here to say that. R-squared would be 0.09, then? Without a p-value, it means nothing.
Moist-Meat-Popsicle t1_je4oh1i wrote
Reply to [OC] Research Funding vs Human Development: a country's R&D spending correlates with its societal well-being by latinometrics
Interesting graph. I wonder if this is a “what comes forest, chicken versus egg?” phenomenon. Correlated but not causal, perhaps? Those poor countries don’t have sufficient money for basic needs, infrastructure, law enforcement, etc., so they may not even have money for R&D when basic human needs are not being met.