--%>

Discrete and continuous data

Distinguish between discrete and continuous data in brief.

E

Expert

Verified

Discrete data are whole numbers. They take on particular values and no values in between. Data like the number of homes one has could be one or two as an example of discrete data as one could not own one and a half homes.

Continuous data is a random variable and can take on any value on a range. An example of temperature could be 30.23 degrees.

   Related Questions in Advanced Statistics

  • Q : Bayesian Point Estimation What are the

    What are the Bayesian Point of estimation and what are the process of inference in Bayesian statistics?

  • Q : Components of time series Name and

    Name and elaborate the four components of time series in brief.

  • Q : Probability problem A) What is the

    A) What is the probability of getting the following sequence with a fair die (as in dice):B) What is the probability of getting the same sequence with a die that is biased in the following way: p(1)=p(2)=p(3)=p(4)=15%;

  • Q : Variation what are the advantages and

    what are the advantages and disadvantages of seasonal variation

  • Q : Probability and Statistics

    Instructions: Do your work on this question and answer sheet. Please print or write legibly, and, as always, be complete but succinct. Record your answer and your supporting work in the designated space. Explain your method of solution and be sure to label clearly any

  • Q : Analyse the statistics of the data

    Assigment Question Select any two manufacturing companies and formulate the cost and revenue functions of the companies. analyse the statistics of the data and then sketch the functions and determine their breakeven points. (Note: You are required to interview the production and sales manag

  • Q : Problem on Poisson distribution The

    The number of trucks coming to a certain warehouse each day follows the Poisson distribution with λ= 8. The warehouse can handle a maximum of 12 trucks a day. What is the probability that on a given day one or more trucks have to be sent away? Round the answer

  • Q : Problem on utility funtion probability

    Suppose that your utility, U, is a function only of wealth, Y, and that U(Y) is as drawn below. In this graph, note that U(Y) increases linearly between points a and b.  Suppose further that you do not know whether or not you

  • Q : Binomial distribution 1) A Discrete

    1) A Discrete random variable can be described as Binomial distribution if is satisfies four conditions, Briefly discuss each of these conditions2) A student does not study for a multiple choice examination and decides to guess the correct answers, If the

  • Q : Random variables Random variables with

    Random variables with zero correlation are not necessarily independent. Give a simple example.