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Strength of correlation (R squared): 0.916 (this correlation is very strong)
Outliers:
New York
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X Axis |
Y Axis |
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| Variable: |
Education > Postsecondary > Degrees Awarded > Masters |
Economy > GSP > Compensation of Employees > Hospitals and nursing and residential care facilities |
| Plot Display: |
Logarithmic (base 10) |
Linear |
| Definition: |
This is the number of masters' degrees awarded. A Masters is an award that requires the successful completion of a program of study of at least the full-time equivalent of 1 but not more than 2 academic years of work beyond the bachelor's degree. |
Hospitals and nursing and residential care facilities, 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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| Source: |
National Center for Educational Statistics |
U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.
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| Correlations: |
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