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Strength of correlation (R squared): 0.926 (this correlation is very strong)
Outliers:
California
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X Axis |
Y Axis |
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| Variable: |
Economy > GSP > Compensation of Employees > Utilities |
Education > Elementary & Secondary Finance > Current Expenditures |
| Plot Display: |
Logarithmic (base 10) |
Linear |
| Definition: |
Utilities, 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.
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Total current expenditures for public elementary and secondary education, grades prekindergarten through grade 12, including ungraded students. Expenditures for equipment, non-public education, school construction, debt financing and community services are excluded from this data item. Expenditures by state governments for and on behalf of LEAs are included in these expenditures, and all other expenditures here. This is the sum of expenditures for Instruction, Support Services, and Non-instructional Services (excluding Community Services) and Direct Program Support (excluding Support for Private school Students), and excludes Property expenditures. These data are taken from the CCD National Public Education Financial Survey.
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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 Center for Educational Statistics
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| Correlations: |
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