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Consider a population with data values of . The mode is:
Salaried Employees
Workers who are paid a fixed regular amount by their employer, typically on a monthly or biweekly basis, regardless of hours worked.
Hourly Work
Work paid on an hourly basis.
Real Wages
The purchasing power of an individual's earnings, accounting for inflation.
Cost-Of-Living Increases
Adjustments to salaries or wages to offset the impact of inflation on purchasing power.
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