Using scatter diagrams, linear correlation coefficient, r, and determining whether a linear correlation exists between the two sets of quantitative data, the author investigates whether inflation rates and currency values in Brazil, India, South Africa, Russia, and China are related. Concludes that there is no strong mathematical evidence to support a relationship.
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Rohde, Valeria, "Correlation between Inflation Rates and Currency Values" (2015). A with Honors Projects. 153.