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At R.K. Industries, three electrical engineers have just been hired. One is a caucasian male, the second is a caucasian female, and a third is a black male. All hired at the entry level, each of the three employees earns the same hourly wage. This demonstrates the principle of:
Distribution of Data
Refers to the way numerical data is spread out across different values or ranges.
Real Upper Limits
Typically refers to the actual upper bounds of data ranges in statistical analysis, though it's not a widely standardized term.
Variable
A variable is any characteristic, number, or quantity that can be measured or counted. Variables may vary among individuals, conditions, or over time.
Particular Interval
A specific span or range of values within which an observed or computed data point is known or expected to lie.
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