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Strength of correlation (R squared): 0.881 (this correlation is strong)
Outliers:
California
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X Axis |
Y Axis |
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| Variable: |
Education > Public Libraries > Local Revenue |
Economy > GSP > Nominal GSP > Real estate |
| Plot Display: |
Linear |
Logarithmic (base 10) |
| Definition: |
This includes all local government funds designated by the community, district, or region and available for expenditure by the public library. The value of any contributed or in-kind services or the value of any gifts and donations, library fines, fees, or grants is not included. |
Real estate, Nominal GSP (current 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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