If It Were Not for the Existence of an "Absolute

question 90

Multiple Choice

If it were not for the existence of an "absolute zero," ratio data would be considered the same as _______.

• A)interval level data
• B)ordinal level data
• C)nominal level data
• D)ratio level data
• E)relative level data

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Definitions:

Lump-Sum Merit Raises

A one-time payment given to an employee as a reward for exceptional performance, instead of a regular salary increase.

Merit-Based Increase

Salary increases awarded to employees based on their performance, achievement, or accomplishments rather than tenure or seniority.

Merit Raises

Salary increases based on an employee's performance as assessed through evaluations, rewarding good work.

Performance Appraisal System

A systematic process by which an employee's job performance and productivity are evaluated by their supervisor or manager.