What Is the Odds Ratio

question 23

Multiple Choice

What is the odds ratio?

• A)A measure of sample size for categorical data
• B)A measure of effect size for categorical data
• C)A measure of standard deviation for categorical data
• D)A measure of variance for categorical data

---

Definitions:

Market Wages

The prevailing pay rates for jobs in the competitive job market, influenced by factors such as industry, complexity, and location.

Compensating Differential

The additional amount of income that a worker requires to accept a job that is less desirable in some way compared to a job with no undesirable attributes.

Long-term Health Problems

Chronic medical conditions that persist for an extended period, often requiring ongoing management and treatment.

National Average

A statistical measure that represents the central or typical value in a set of data for a country.