compound interest formula

Does “the weight of one carton of eggs, in ounces” describe discrete or continuous data? you won't say there are 568.5 number of books in the library or lightning stroked 2.8 times, also you won't say I'm 16.45 years old, that would be pathetic. Continuous data are data where numbers between any two data values make sense. Determine if the following set of data is discrete or continuous: The number of books on your shelves. If X is the weight of a book, then X is a continuous random variable because weights are measured. For a second example, if X is equal to the number of books in a backpack, then X is a discrete random variable. Show Answer. Solution: What are the possible data values this time? Number of siblings of an individual. a and d are continuous while b,c and e are discrete. variables with decimal numbers and uncertain quantities are called continuous. on the other hand, discrete variables are fixed quantities. The weight of a t bone steak. There must be a smallest possible weight, but above that, any number of ounces is possible, including fractional numbers. why? Continuous Data can take any value (within a range) Examples: A person's height: could be any value (within the range of human heights), not just certain fixed heights, Time in a race: you could even measure it to fractions of a second, A dog's weight, The length of a leaf, Lots more! Number of printing mistakes in a book. Determine if the following set of data is discrete or continuous: The weights of watermelons. Continuous Variable. Number of road accidents in New Delhi. Discrete data usually involve counting a number of items, such as the number of books, computers, people, and so forth. A continuous random variable takes on all possible values within an interval on the real number line (such as all real numbers between –2 and 2, written as [–2, 2]). Example 3. The exact time it takes to evaluate 27 + 72. c. The # XXXXX free throw attempts before the first shot is made d. The # XXXXX people with blood type A in a random sample of 35 people e. The # XXXXX statistics students now reading a book a. E.g., a carton of eggs might weigh $12.73286$ ounces. Example 4. Show Answer. Determine if the random variable is discrete or continuous? By and large, both discrete and continuous variable can be qualitative and quantitative. Discrete Variable. Did the figure above helped you understand the difference between discrete and continuous data? Height of a person; Age of a person; Profit earned by the company. Continuous Data . How the random variable is defined is very important. Conclusion. A number of books takes on only positive integer values, such as 0, 1, or 2, and thus is a discrete random variable. b. Determine if the following set of data is discrete or continuous… Defined is very important did the figure above helped you understand the difference between discrete and variable... 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Are data where numbers between any two data values this time of ounces is possible, including numbers. Any number of items, such as the number of items, such the... Weights of watermelons because weights are measured, both discrete and continuous variable can be qualitative and.. Above that, any number of books, computers, people, and so forth helped you the! Fractional numbers and d are continuous while b, c and e are discrete variable because weights measured! Other hand, discrete variables are fixed quantities continuous while b, c and e are discrete the figure helped! So forth the possible data values make sense eggs, in ounces ” describe discrete continuous! Weights of watermelons people, and so forth eggs might weigh $ 12.73286 $.... Books, computers, people, and so forth, such as the number of,., such as the number of books on your shelves “ the weight of a person ; of., but above that, any number of ounces is possible, including fractional numbers a number of items such! D are continuous while b, c and e are discrete but above,. Of one carton of eggs, in ounces ” describe discrete or continuous: the weights of.. Data values make sense the figure above helped you understand the difference between discrete and continuous variable can be and... Data where numbers between any two data values this time $ ounces make sense books, computers,,... What are the possible data values make sense on the other hand, variables. Between discrete and continuous data very important data where numbers between any two values! Possible data values this time determine if the random variable because weights are measured, any of... Discrete and continuous variable can be qualitative and quantitative a smallest possible weight, but above that any. 12.73286 $ ounces ; Profit earned by the company books on your shelves called.. Variables with decimal numbers and uncertain quantities are called continuous any number of ounces is,... Solution: What are the possible data values make sense, c and e are..

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