Information about Nominal
The adjective nominal (ultimately from Latin nōmen, "name") generally relates to the concept of names, and often to the difference between what something is in name (ideally or theoretically) and what it is in reality.
A nominal quantity (e.g., length, diameter, speed, volume, voltage, value) is generally the quantity according to which some item has been named or is generally referred to. Such a nominal value may often be different from the actual value, having a relation to the actual value that is anywhere on a spectrum from closely related (for example, differing only within a range of acceptable random variation]) to only distantly related. An example of the former is a type of battery that has an actual voltage of 1.62 V, but is called a "1.5 volt battery"; it has a nominal voltage of 1.5 V (which cannot be measured anywhere). An example of the latter is the nominal size 2×4 for dimensional lumber: its actual size is 1½″ × 3½″ (38×89 mm) (plus or minus some small tolerance).
In human cognition, there are at least two concepts that relate to a difference between what something is in name and what it is in reality: (1) whether we even perceive that the difference exists; and (2) if so, whether we judge that the difference matters to us. A judgment in one case that the difference is very important and another judgment in another case that the difference is very unimportant can both relate to the concept of "in name only": we emphasize that the difference exists, in order to implicitly emphasize either its importance or unimportance. In the latter case (unimportance), the word nominal can approach synonymity with "small" or "unimportant", such as in the phrase paying a nominal fee. The fee is a monetary expense in name only; in reality, the amount does not matter very much. In the former case (importance), the word nominal can emphasize the irony of false appearances or assumptions, such as when a certain police department is especially corrupt—because we archetypically equate police to "the good guys", we may emphasize the badness of this department by saying that they are nominally the face of law and order in their community: that is, in name only.
Synonyms (in ancient Greek, συν ("syn") = plus and όνομα ("onoma") = name
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A nominal quantity (e.g., length, diameter, speed, volume, voltage, value) is generally the quantity according to which some item has been named or is generally referred to. Such a nominal value may often be different from the actual value, having a relation to the actual value that is anywhere on a spectrum from closely related (for example, differing only within a range of acceptable random variation]) to only distantly related. An example of the former is a type of battery that has an actual voltage of 1.62 V, but is called a "1.5 volt battery"; it has a nominal voltage of 1.5 V (which cannot be measured anywhere). An example of the latter is the nominal size 2×4 for dimensional lumber: its actual size is 1½″ × 3½″ (38×89 mm) (plus or minus some small tolerance).
In human cognition, there are at least two concepts that relate to a difference between what something is in name and what it is in reality: (1) whether we even perceive that the difference exists; and (2) if so, whether we judge that the difference matters to us. A judgment in one case that the difference is very important and another judgment in another case that the difference is very unimportant can both relate to the concept of "in name only": we emphasize that the difference exists, in order to implicitly emphasize either its importance or unimportance. In the latter case (unimportance), the word nominal can approach synonymity with "small" or "unimportant", such as in the phrase paying a nominal fee. The fee is a monetary expense in name only; in reality, the amount does not matter very much. In the former case (importance), the word nominal can emphasize the irony of false appearances or assumptions, such as when a certain police department is especially corrupt—because we archetypically equate police to "the good guys", we may emphasize the badness of this department by saying that they are nominally the face of law and order in their community: that is, in name only.
Specific meanings deriving from the general concepts above
- In economics a nominal value indicates the listed value of an item in a monetary currency as opposed to the 'real' value in terms of purchasing power. See real versus nominal value. A nominal interest rate may refer to either a rate of interest that is not re-stated to correct for compounding, or an interest rate that does not take into account inflation (to derive the real interest rate).
- In engineering, nominal regarding measurements generally can be defined as "what is predicted without considering what deviation may occur or whether it is acceptable"; or "what is predicted plus or minus X number of standard deviations". The use of the phrase "all systems nominal" at NASA indicates that telemetry is reading as expected from historical data trends. This concept often overlaps with the layperson's sense of the word normal, but nominal does not always mean normal.
- In linguistics, a "nominal" is a word or group of words functioning as a noun. The word is also sometimes used as a shortened form of "nominal phrase", a synonym for "noun phrase". "Nominal" can also mean a sequence of one or more nouns that do not form a complete noun phrase.
- In statistics, nominal data is a form of categorical data where the order of the categories is not significant. This is sometimes contracted to nominals.
- In law, nominal damages may be assessed by a jury or judge in a lawsuit when it is found that the defendant committed the act complained of by the plaintiff, but that no harm was suffered by the plaintiff as a result.
name (etymology: from OE nama; akin to OHG namo, Latin nomen, nominis, and Greek όνομα, ultimately from PIE: *nomn- [1]
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An ideal is a principle or value that one actively pursues as a goal. Ideals are particularly important in ethics, as the order in which one places them tends to determine the degree to which one reveals them as real and sincere.
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The word theory has a number of distinct meanings in different fields of knowledge, depending on their methodologies and the context of discussion.
In common usage, people often use the word theory to signify a conjecture, an opinion, or a speculation.
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In common usage, people often use the word theory to signify a conjecture, an opinion, or a speculation.
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For the taxonomical term, see .
Synonyms (in ancient Greek, συν ("syn") = plus and όνομα ("onoma") = name
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Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek for oikos (house) and nomos (custom or law), hence "rules of the house(hold).
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In economics, the nominal values of something are its money values in different years. Real values adjust for differences in the price level in those years. Examples include a bundle of commodities, such as gross domestic product, and income.
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In finance and economics, nominal interest rate or nominal rate of interest refers to the rate of interest before adjustment for inflation (in contrast with the real interest rate); or, for interest rates "as stated" without adjustment for the full effect of compounding
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Inflation is measured as the growth of the money supply in an economy, without a commensurate increase in the supply of goods and services. This results in a rise in the general price level as measured against a standard level of purchasing power.
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Nominal interest rates include all three risk factors, plus the time value of the money itself. Real interest rates include only the systematic and regulatory risks and are meant to measure the time value of money.
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Engineering is the applied science of acquiring and applying knowledge to design, analysis, and/or construction of works for practical purposes. The American Engineers' Council for Professional Development, also known as ECPD,[1] (later ABET [2]
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In probability and statistics, the standard deviation of a probability distribution, random variable, or population or multiset of values is a measure of the spread of its values. It is usually denoted with the letter σ (lower case sigma).
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National Aeronautics and Space Administration
NASA logo
Motto: For the Benefit of All[1]
NASA seal
Agency overview
Formed 29 July 1958
Headquarters Washington D.C.
Annual Budget $16.
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NASA logo
Motto: For the Benefit of All[1]
NASA seal
Agency overview
Formed 29 July 1958
Headquarters Washington D.C.
Annual Budget $16.
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For the journal, see .
Linguistics is the scientific study of language, which can be theoretical or applied. Someone who engages in this study is called a linguist...... Click the link for more information.
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Examples
A proper or common noun can co-occur with an article or an attributive adjective. Verbs and adjectives can't. As usual, a `*' in front of an example means that this example is ungrammatical.
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A proper or common noun can co-occur with an article or an attributive adjective. Verbs and adjectives can't. As usual, a `*' in front of an example means that this example is ungrammatical.
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Statistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation, and presentation of data. It is applicable to a wide variety of academic disciplines, from the physical and social sciences to the humanities.
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The level of measurement of a variable in mathematics and statistics is a classification that was proposed in order to describe the nature of information contained within numbers assigned to objects and, therefore, within the variable.
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These are statistical procedures which can be used for the analysis of categorical data:
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- regression
- analysis of variance
- linear modeling
- log-linear modeling
- logistic regression
- repeated measures analysis
- simple correspondence analysis
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LAW may refer to:
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- Lightweight Anti-tank Weapon, like the M72 LAW (US Army) and the LAW 80 (British Army)
- Palestinian Society for the Protection of Human Rights (also known as LAW)
- League of American Bicyclists, formerly known as the League of American Wheelmen
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damages refers to the money paid or awarded to a claimant (UK) or plaintiff (US) following a successful claim in a civil action.
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Compensatory damages
Compensatory damages are paid to compensate the claimant for loss, injury, or harm suffered by(see requirement of..... Click the link for more information.
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