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Is Money Discrete or Continuous? Population Distributions and Statistical Process Control
In my opinion, the measure of money can be both, but I lean more towards discrete. Why? For example, 1 and ½ pennies can’t be measured; the monetary value of one and ½ pennies can only be valued as a...
0 commentsDiscrete and Continuos Data - The Differences
Before getting into this, you need to know How to calculate simple statistics. Several differences between discrete and continuous data would be that "continuous" data is: measured and represented by an...
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