A Company Database Contains the Following Information About Each Employee

question 4

Multiple Choice

A company database contains the following information about each employee: age, date hired, sex (male or female) , ethnic group (Asian, black, Hispanic, etc.) , job category (clerical, management, technical, etc.) , and yearly salary. Which of the following lists of variables are all categorical?

• A) Age, sex, ethnic group
• B) Sex, ethnic group, job category
• C) Ethnic group, job category, yearly salary
• D) Yearly salary, age
• E) Age, date hired

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Definitions:

Nominal Wages

The amount of money paid to employees not adjusted for inflation, reflecting the current dollar value of wages.

Real Wages

Pay from employment, recalibrated for price level changes to indicate the true value of work income.

Fringe Benefits

Additional compensation given to employees beyond their base wage or salary, such as health insurance, paid vacation, or retirement plans.