Temperature Is an Example of

question 33

Multiple Choice

Temperature is an example of

• A)a categorical variable
• B)a quantitative variable
• C)either a quantitative or categorical variable
• D)neither a quantitative nor categorical variable

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Definitions:

Share Of Total Income

The proportion of total national or group income that is earned by individuals or segments of a population, often used to analyze income distribution and inequality.

Income Inequality

The unequal distribution of income within a population, often measured by various statistical means like the Gini coefficient.

Earnings Received From Wealth

Income generated from assets owned, such as dividends from stocks, interest on bonds, or rent from property.

Reduction In Income Inequality

Refers to efforts or policies aimed at decreasing the disparity in income distribution among a population, thereby promoting economic fairness.