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- Dictionarynominal/ˈnɒmɪnl/
adjective
- 1. (of a role or status) existing in name only: "Thailand retained nominal independence under Japanese military occupation" Similar Opposite
- 2. (of a price or charge) very small; far below the real value or cost: "they charge a nominal fee for the service" Similar Opposite
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Nominal Data Nominal data is named data which can be separated into discrete categories which do not overlap. A common example of nominal data is gender; male and female. Other examples include eye colour and hair colour. An easy way to remember this type of data is that nominal sounds like named, nominal = named. Ordinal Data
While Potential Output is the change in the productive potential of a economy over time. To put this in simpler terms actual output is growth that has actually happened in real life, while potential output is how much growth the economy could achieve. The difference between actual output and potential output is known simply as the output gap.
define 1 volt. A volt is a joule per coulomb.If you're struggling to remember try and picture the situation. Imagine current as individual units of charge passing through a battery. The charge has passed round the whole circuit and 'given' its energy to the components in the circuit by the time it reaches the battery so it needs to get some more.
Define electric potential at a point in an electric field. The electric potential at a point in an electric field is the work done per unit charge when a point positive charge is moved from infinity to the point. Answered by Tutor143011 D. • Physics tutor.
Define and Explain the RICE Principle. Rest - Stopping doing the activity to prevent greater injury. Ice - Apply ice to the injury to reduce inflammation. Compression - Apply pressure to the injury to reduce inflammation. Elevation - Raise the injured body part to reduce bloodflow to the area. Answered by Matt M. • Physical Education tutor.
The dependent varible is defined as the thing which is being measured in an experiment, whilst the independent variable is the thing that is being manipulated or changed. Extraneous variables are undesirable variables that influence the relationship between the variables that the experimenter is observing. For example: An experimenter was ...
Define the term 'income inequality' Income inequality is a statistical measure concerned with the spread of the distribution of income amongst the population of an economy. It can be quantified through a variety of measures which condense the entire income distribution of a country into a single figure: varying from the range of incomes in a given population, the 90:10 ratio and, most notably ...
Inter-individual differences are differences that are observed between people, whereas intra-individual differences are differences that are observed within the same person when they are assessed at different times or in different situations. An easy way to remember this is that intr a -individual differences occur within the s a me person.
Define an "offer" in contract law. A valid contract must consist of agreement (offer and acceptance), as well as intention to create legal relations and consideration. Treitel defines an offer as an “expression of willingness to contract on specified terms made with the intention that it is to become legally binding as soon as it is accepted ...
Added value is the difference between the costs of purchasing raw materials and the price the finished goods are sold at. Value is added to a good at each stage of production from raw material to the finished good. Answered by Hadiqa Z. • Business Studies tutor. 10015 Views.
