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Strength of correlation (R squared): 0.226 (this correlation is weak)
Outliers:
California
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X Axis |
Y Axis |
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| Variable: |
Economy > GSP > Chain-type Quantity Indexes > Food services and drinking places |
Energy > Geothermal Energy Consumed |
| Plot Display: |
Logarithmic (base 10) |
Logarithmic (base 10) |
| Definition: |
Food services and drinking places, Chain-type Quantity Indexes (2000 = 100) A quantity index is an index number that measures the change in the level of a quantity from a base year, apart from anychanges in relative prices. The value of the quantity index is 100 for the base year.The Bureau of Economic Analysis uses chain-type annual-weighted indexes, also known as Fisher indexes, as its measure of realoutput and prices. These measures allow for the effects of changes in relative prices and in the composition of output overtime, thereby eliminating a major source of bias inherent in fixed-weight indexes.
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Geothermal Energy Consumed (BBtu). These numbers indicate the levels of consumption of geothermal energy expressed in billions of British Thermal Units. Geothermal energy is considered a renewable energy resource.
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| Source: |
U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.
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National Priorities Project Database, 2001
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| Correlations: |
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