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Correlations > Economy Statistics > GSP > Compensation of Employees > Educational services

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Correlations between Economy > GSP > Compensation of Employees > Educational services ...

Variable Strength
...and  Economy > GSP > Real GSP > Educational services 100% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Educational services 100% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Educational services 87% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Hospitals and nursing and residential care facilities 86% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Hospitals and nursing and residential care facilities 86% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Hospitals and nursing and residential care facilities 86% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Social assistance 85% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Private, Not For Profit 84% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Social assistance 84% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Social assistance 84% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > First-Professional 83% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Masters 83% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Four Year 83% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Doctors 81% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Transit and ground passenger transportation 80% [plot | correlate | graph]
...and  Health > Total Dual Eligible Medicaid Spending 79% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Securities, commodity contracts, investments 79% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Transit and ground passenger transportation 78% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Transit and ground passenger transportation 78% [plot | correlate | graph]
...and  Health > Total Medicaid Spending, FY2004 78% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Securities, commodity contracts, investments 78% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Securities, commodity contracts, investments 78% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Transit and ground passenger transportation 77% [plot | correlate | graph]
...and  Health > Total Registered Nurses 77% [plot | correlate | graph]
...and  Health > Total State Expenditures on Mental Health 76% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Insurance carriers and related activities 76% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Insurance carriers and related activities 76% [plot | correlate | graph]
...and  Health > Total State Health Care Spending 75% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Local Revenue- Subtotal 74% [plot | correlate | graph]
...and  Health > Total Health Care Employment 73% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Funds, trusts, and other financial vehicles 73% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Funds, trusts, and other financial vehicles 73% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Utilities 73% [plot | correlate | graph]
...and  Health > Number of Nursing Home Residents 73% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Nonresident Alien 73% [plot | correlate | graph]
...and  Health > Persons with AIDS Pediatric 72% [plot | correlate | graph]
...and  Health > Total Nonfederal Physicians 71% [plot | correlate | graph]
...and  Education > Public Libraries > ALA-MLS Librarians(FTE) 71% [plot | correlate | graph]
...and  Labor > Printing & related support activities > Number of employees 71% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Number of employees 71% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Graduate 70% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Value added 70% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > White 70% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Production workers wages 70% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Management of companies and enterprises 70% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Management of companies and enterprises 70% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Printing and related support activities 70% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Total value of shipments 70% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Insurance carriers and related activities 69% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Hospitals and nursing and residential care facilities 69% [plot | correlate | graph]
Average: 77%

About Correlations:

A correlation is a statistical measure of similarity between at least two given sets of data. StateMaster's correlations compare two variables from our database and reveal statistical relationships between them. The percentages you see represent the strength (or likelihood) that a change in the topic variable is matched by a change in the listed variables below it. But remember: These correlations do not imply causation, that is, one does not necessarily cause the other. Also, not all variables contain all states, rather subsets of states matched together.

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NOTES:

  • Outliers have been removed only where they are outside 3 standard deviations of the mean.
  • Only variable pairs where at least 15 states match for each have been considered.
  • Strength is given by the correlation coefficient (R squared). It is the fraction of variation in Y that can be attributed to the variation in X. 100% signifies a perfect fit (R squared of 1). The top 50 such stats are displayed


DEFINITION: Educational services, Compensation of Employees (current dollars) Compensation of Employees is a statisical term which refers to the total gross (pre-tax) wages paid by employers to employeesfor work done in an accounting period, such as a quarter or a year. It represents roughly the total labor cost to an employer.

SOURCE: U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.

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