Great work. Couldn't help but plot it out.
Revenue vs Procedures looks like this....
A bit all over the place really and a low correlation coefficient.
BUT when you plot the revenue against the reported procedure numbers from 2 quarters prior, you get this....
The big y intercept ($1.9M) is because of non-CC revenue and the relationship between revenue and procedure numbers from 2 quarters prior is quite astonishing really, with a correlation coefficient of 0.95!!
Ann: CORONEO Australia New Zealand Distribution Partnership-AHZ.AX, page-48
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