Nominal Data Are Also Called Qualitative or Categorical Data

question 49

True/False

Nominal data are also called qualitative or categorical data.

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Definitions:

Pay Differentials

The variations in pay for different jobs or skills within a company or in different geographical locations.

Fair Labor Standards Act

United States federal law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards affecting full-time and part-time workers in the private sector and in federal, state, and local governments.

Minimum Wage

The lowest legal hourly pay that employers can compensate workers, established by law to ensure a minimum standard of living for employees.

Overtime Pay

Additional compensation awarded to employees for hours worked beyond the standard workweek, often at a higher rate.