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The Estimated Parameter B Is Usually Referred to as the Non-Standardized

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The estimated parameter b is usually referred to as the non-standardized regression coefficient.


Definitions:

Aptitude

Aptitude refers to a natural ability or skill at performing a certain type of task or learning certain types of information.

Compensating Differentials

Differences in wages that result from differences in working conditions. Risky jobs usually pay higher wages; highly desirable jobs usually pay lower wages.

Annual Salary

Annual Salary is the fixed amount of money or compensation paid to an employee by an employer over a year for their services.

Occupational Segregation

The distribution of people across and within occupations and jobs, based significantly on demographic characteristics, notably gender or race.

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