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The Human Resources Department of a large corporation maintains records on its employees. The table displays some of these data. List the variables in the data set. Indicate whether each variable is categorical or quantitative. If the variable is quantitative, give the units. If the variable is categorical, indicate whether it is nominal or ordinal.
Government Funding
Financial support provided by a governmental body to individuals, organizations, or projects deemed beneficial or necessary for the public or specific sectors.
Pension Costs
Expenses related to providing retirement benefits to employees, including contributions to pension plans and costs associated with pension plan management.
Postretirement Benefits
Benefits, such as healthcare and life insurance, provided by employers to their employees after they retire.
Accumulated Postretirement Benefit Obligation
This term refers to the total expected cost of providing postretirement benefits to employees, minus any funds set aside to cover these costs.
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