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Strength of correlation (R squared): 0.876 (this correlation is strong)
Outliers:
California
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X Axis |
Y Axis |
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| Variable: |
Economy > GSP > Real GSP > Legal services |
Economy > Total tax burden |
| Plot Display: |
Logarithmic (base 10) |
Linear |
| Definition: |
Legal services, Real GSP (chained 2000 dollars) GSP, or Gross State Product is the value of all the goods and services produced in a state. Specific industries measured will give the value of all goods and services in that industry. The Nominal Gross State Product measures the value of all the goods and services produced expressed in current prices. On the other hand, Real Gross State Product measures the value of all the goods and services produced expressed in the prices of some base year.
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Total tax burden in US dollars, includes local and federal tax. |
| Source: |
U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.
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US Census Bureau, 2004 |
| Correlations: |
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More correlations » |
More correlations » |