The Quarterly Increase in an Employee's Salary Depends on the Rating

question 6

Multiple Choice

The quarterly increase in an employee's salary depends on the rating of his work by his employer and several other factors as shown in the model below: Increase in salary= β₀+∂₀Rating + other factors.The variable 'Rating' is a(n) _____ variable.

• A)dependent variable
• B)ordinal variable
• C)continuous variable
• D)Poisson variable

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Definitions:

Uncertainty Avoidance

A cultural dimension that describes the degree to which individuals or societies are uncomfortable with ambiguity, uncertainty, and unstructured situations.

Equality Matching

A form of social justice and reciprocity where individuals aim to ensure that resources and responsibilities are distributed equally among group members.

Mastery

The comprehensive knowledge or skill in a subject or accomplishment.

Subsistence Economies

Refers to economies where communities or groups focus on producing just enough resources to cover their immediate needs.