Identify Cases, Variables and Any Units

question 16

Multiple Choice

Identify cases, variables and any units.
-The Human Resources Department of a large corporation maintains records on its
Employees. Data are maintained of the following variables: Age, Employment Category,
Education, Whether or not the employee participates in a wellness program, and
Paycheck benefit deductions. Which of these variables are categorical?

• A) Age, Employment Category, and Education
• B) Employment Category, Education, and Whether or not the employee participates in a wellness program
• C) Education, Whether or not the employee participates in a wellness program, and Paycheck benefit deductions
• D) All of the variables
• E) None of the variables

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Definitions:

Variance

The difference between planned or expected performance and the actual outcome.

Occupancy Expenses

Expenses associated with the use of a physical location, including lease payments, utility bills, and taxes on the property.

Spending Variance

The difference between the actual amount spent and the budgeted amount planned to be spent in a given period.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard amount expected, multiplied by the standard cost per unit.