The Human Resources Department at a Major High Tech Company

question 106

Multiple Choice

The human resources department at a major high tech company recently conducted an employee satisfaction survey of 100 of its 3,000 employees. Data were collected on such variables as age, gender, marital status, current salary, level of overall satisfaction on a scale from 1 to 5, number of years with the company, and job title. Which of the variables would be classified as nominal level data?

• A) Age and years with the company
• B) Overall satisfaction
• C) Gender, marital status, and job title
• D) Age and gender

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Definitions:

Compounded Semi-annually

Interest computation technique where the sum earns interest twice annually, compounding the overall growth over time.

Monthly Payment

A fixed payment amount made by a borrower to a lender at agreed upon intervals, commonly used in loan agreements.

Interest

The cost of borrowing money or the income received from lending money, usually expressed as a percentage of the principal.

Compounded Monthly

The process where interest is calculated and added to the principal sum on a monthly basis.