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Strength of correlation (R squared): 0.764 (this correlation is significant)
Outliers:
California
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X Axis |
Y Axis |
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| Variable: |
Industry > Miscellaneous manufacturing > Value added |
Education > Postsecondary > Degrees Awarded > Doctors |
| Plot Display: |
Linear |
Logarithmic (base 10) |
| Definition: |
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.
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This is the number of doctors' degrees awarded. A doctorate is the highest award a student can earn for graduate study. The doctor's degree classification includes such degrees as Doctor of Education, Doctor of Juridical Science, Doctor of Public Health, and the Doctor of Philosophy degree in any field such as agronomy, food technology, education, engineering, public administration, ophthalmology, or radiology. |
| Source: |
Annual Survey of Manufactures, 2004
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National Center for Educational Statistics |
| Correlations: |
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