Define Categorical Data and Give an Example

question 31

Essay

Define categorical data and give an example

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Definitions:

Entrepreneurial

Pertaining to the initiative and risk involved in starting a new business, marked by innovation, passion, and the drive to succeed.

Instantly Available

Refers to services, information, or products that can be accessed immediately without delay.

Stagflation

An economic condition characterized by slow growth, high unemployment, and rising prices, simultaneously occurring and often considered difficult to address.

Aspirational Labor

Refers to work carried out with the hope or ambition of achieving a higher status or moving into a more desirable job sector, often seen in creative fields.