The Correlation Coefficient for the Earliest Start is .31 which means that there is a very slight correlation between the V100 rank and the earliest start date. The slight correlation is due to the slightly earlier start dates for the V20 firms. Outside of the V20, almost every firm deferred to at least January 2010. The same Correlation Coefficient for the V50 is .48.

The Correlation Coefficient for the Latest Start is -.16 which means there is really no correlation. The coefficient is negative because there are more firms in the upper half of the V100 firms offering optional year long deferrals than firms in the lower half.

Beautiful!

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