Discrete variables can be counted to determine their value in whole numbers. Examples include the number of
Question:
Discrete variables can be counted to determine their value in whole numbers. Examples include the number of red candies in a jar, the number of pupils in a class, the gender of the students, etc.
Decimal values may be present in continuous variables, which are measured to determine their value. Examples include length of time, height, weight, etc.
References:
Lind, D. A., Marchal, W. G., & Wathen, S. A. (2018).Statistical techniques in business & economics.New York, NY: McGraw-Hill Education. Retrieved June 6, 2020, from https://www.gcumedia.com/digital-resources/mcgraw-hill/2018/statistical-techniques-in-business-and-economics_17e.php
Justify the above, Provide a detail explaination.
Cost Management A Strategic Emphasis
ISBN: 978-0078025532
6th edition
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins