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Strength of correlation (R squared): 0.151 (this correlation is weak)
Outliers:
North Carolina
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X Axis |
Y Axis |
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| Variable: |
Health > Change in Medicaid Enrollment, 2003-04 |
Industry > Beverage & tobacco product manufacturing > Value added (per $ GDP) |
| Plot Display: |
Logarithmic (base 10) |
Linear |
| Definition: |
Percent Change in Medicaid Enrollment, June 2003-June 2004
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This measure of manufacturing activity is derived by subtracting the cost of materials, supplies, containers, fuel, purchased electricity, and contract work from the value of shipments (products manufactured plus receipts for services rendered). The result of this calculation is adjusted by the addition of value added by merchandising operations (i.e., the difference between the sales value and the cost of merchandise sold without further manufacture, processing, or assembly) plus the net change in finished goods and work-in-process between the beginning- and end-of-year inventories.
Per $ GDP figures expressed per 1,000 $ gross domestic product. |
| Source: |
statehealthfacts.org
|
Annual Survey of Manufactures, 2004
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| Correlations: |
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