Examlex
Other things being equal,the confidence interval for the mean will be wider for 95% confidence than for 90% confidence.
Compensating Differential
A difference in wage rates designed to offset the desirability or undesirability of a job or job conditions.
Compensating Differential
A difference in wage rates designed to offset the desirability or undesirability of a job's attributes.
Human Capital
The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.
Compensating Differential
A difference in wages that arises to compensate workers for non-monetary differences in different jobs, such as risk or undesirable location.
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