Is profit a discrete or continuous variable?

The number of each type of work performed by a company each month, the number of employees required to do the work each day, or the profit a company makes each month are examples of discrete data.

Is profit a continuous variable?

Continuous metrics are common, as the metrics are usually numeric metrics such as gross margin, shipping cost, or inventory. They are continuous values ​​as they do not fall into separate categories.

Is money a discrete random variable?

Money does not have this quality; there is always an indivisible unit of smaller money. And as such, money is a discrete entity.

How do you know if something is discrete or continuous?

A discrete variable is a variable whose value is obtained by counting. A continuous variable is a variable whose value is obtained through measurement. A random variable is a variable whose value is the numerical result of a random phenomenon. A discrete random variable X has a countable number of possible values.

Is age continuous or discrete?

We could be infinitely precise and use infinitely many decimals, making the age continuous. For everyday devices, however, all values ​​less than 6 years and greater than 5 years are referred to as 5 years. We therefore use age generally as a discrete variable. 25

Is travel time a discrete or continuous variable?

Time is a continuous variable. You could turn age into a discrete variable and then count it. For example: A person’s age in years.

Is time a discrete or continuous variable?

Time is a continuous variable. You could turn age into a discrete variable and then count it. For example: A person’s age in years.

What is the difference between a discrete variable and a continuous variable?

Discrete and continuous variables are two types of quantitative variables: Discrete variables represent numbers (such as the number of items in a collection). Continuous variables represent measurable quantities (e.g. volume or weight of water).

Are the sleep hours discrete or continuous?

The amount of sleep is a variable. 3, 5, 9 hours of sleep are different values ​​for this variable. Variables can be continuous or discrete. Question: Are these variables discrete or continuous? … Frequency distribution table:

< tr>

Score (X) Frequency (f)
( hours ) < /td> (number of people with this score)
3 1
4 2
5 6

What is the Similarity Between Discrete and Continuous?

Comparison Table

Comparison Base Discrete Variable Continuous Variable
Values ​​< /td> Values ​​are obtained by counting. Values ​​are obtained by measuring.
Classification Without overlap With overlap
Accepted td> Unique or separated values. Any value between the two values.
Represented by Isolated points Connected points
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