Examlex

Solved

In Addition to the Variables Listed Above, Data Were Also

question 5

Essay

In addition to the variables listed above, data were also collected on the variables
listed below. Indicate whether each is nominal or ordinal.
• Region (NE, NW, MW, SW, SE) Nominal
• Education (Less than High School, High School, Some College, College +) Ordinal
• Marital Status (Single, Widowed, Divorced, Married) Nominal


Definitions:

Standard Operating Procedures

Explicit instructions designed to perform specific tasks or procedures in a consistent manner.

Goals

The targets or outcomes that an individual, group, or organization aims to achieve over a specific period.

Operating Budget

A detailed projection of all anticipated income and expenses based on forecasted sales revenue during a certain period, usually one fiscal year.

Allocating Equipment

The process of distributing machinery, tools, or devices to areas or individuals where they are needed, based on an assessment of demand and available resources.

Related Questions