Paying a Person a Lower Wage or Excluding a Person

question 81

Multiple Choice

Paying a person a lower wage or excluding a person from an occupation on the basis of an irrelevant characteristic such as race or gender

• A)is economic discrimination.
• B)violates federal comparable worth laws.
• C)can be explained by negative feedback loops.
• D)creates differences in wages that economists call "compensating differentials."

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Definitions:

Standard Deviation

A statistical metric that quantifies the spread of data points in a dataset relative to their average value.

Confidence Interval

A repository of values, extracted from the evaluation of sample data, seen as likely to encapsulate the value of an enigmatic population parameter.

Random Sample

A subset of a statistical population where each member has an equal chance of being chosen, ensuring the sample's representativeness.

Confidence Interval

A range of values derived from statistical analysis that is likely to contain the true value of an unknown parameter, expressed with a certain level of confidence.