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Strength of correlation (R squared): 0.786 (this correlation is significant)
Outliers:
California
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X Axis |
Y Axis |
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| Variable: |
Education > Postsecondary > Number Of Institutions > Two Year |
Economy > GSP > Real GSP > Nonmetallic mineral product manufacturing |
| Plot Display: |
Logarithmic (base 10) |
Logarithmic (base 10) |
| Definition: |
This is the count of two-year institutions that are eligible for Title IV federal financial-aid programs and grant a degree. For an institution to participate in Title IV financial-aid programs it must offer a program of at least 300 clock hours in length, have accreditation recognized by the U.S. Department of Education, have been in business for at least 2 years, and have signed a participation agreement with the Department. A two-year institution offers programs of at least 2 but less than 4 years duration. These include occupational and vocational schools with programs of at least 1800 hours and academic institutions with programs of less than 4 years. These do not include bachelor�s degree-granting institutions where the baccalaureate program can be completed in 3 years |
Nonmetallic mineral product manufacturing, 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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| 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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More correlations » |
More correlations » |