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Strength of correlation (R squared): 0.791 (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 |
Industry > Nonmetallic mineral product manufacturing > Production workers wages |
| Plot Display: |
Logarithmic (base 10) |
Linear |
| 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 |
This item includes the gross earnings of all employees on the payrolls of operating manufacturing establishments paid in the calendar year. Respondents are told they could follow the definition of payrolls used for calculating the federal withholding tax. It includes all forms of compensation, such as salaries, wages, commissions, dismissal pay, bonuses, vacation and sick leave pay, and compensation in kind, prior to such deductions as employees' social security contributions, withholding taxes, group insurance, union dues, and savings bonds. The total includes salaries of officers of corporations; it excludes payments to proprietors or partners of unincorporated concerns. Also excluded are payments to members of Armed Forces and pensioners carried on the active payrolls of manufacturing establishments.
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| Source: |
National Center for Educational Statistics |
Annual Survey of Manufactures, 2004
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| Correlations: |
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