The Human Resources Department of a Large Corporation Maintains Records

question 35

Essay

The Human Resources Department of a large corporation maintains records on its
employees. The table displays some of these data. List the variables in the data set.
Indicate whether each variable is categorical or quantitative. If the variable is
quantitative, give the units. If the variable is categorical, indicate whether it is nominal or
ordinal. $$\begin{array} { | c | c | c | c | c | } \hline \text { Age } & \begin{array} { c } \text { Employment } \\\text { Category }\end{array} & \text { Education } & \begin{array} { c } \text { Participates in } \\\text { Wellness Program? }\end{array} & \begin{array} { l } \text { Paycheck Benefit } \\\text { Deductions }\end{array} \\\hline 32 & \text { Clerical } & \text { High School } & \text { Yes } & \$ 250 \\\hline 52 & \text { Professional } & \text { College } & \text { No } & \$ 120 \\\hline 60 & \text { Professional } & \text { Junior College } & \text { Yes } & \$ 0 \\\hline 28 & \text { Clerical } & \text { High School } & \text { No } & \$ 120 \\\hline\end{array}$$

---

Definitions:

Quantity of Land

The total area or amount of productive land available for agricultural or industrial use.

Rent

A fee charged for the use of property or land, typically paid monthly by tenants to landlords.

Economic Rent

Income earned from the possession of a unique asset or advantage not due to individual effort or investment, such as land ownership or patents.

Unearned Surplus

Income derived from investments rather than from work or productive activity.