Continuous and Discrete Variables
Not what you're looking for?
The marketing department likes to know patterns about the consumers who call the 1-800 phone bank with questions/problems.
You meet with them to discuss the matter. Suggest at least 3 quantitative objects that you should keep track about each caller and/or their behavior with respect to the snack food category and indicate if each variable is continuous or discrete.
Purchase this Solution
Solution Summary
The 253-word solution gives a discussion on the differences and uses of continuous and discrete variables in statistics for customers calling a firm's questions hotline. 1 reference included.
Solution Preview
I would choose age as a variable, along with number of times a week or month the person buys a snack food, and number of snack foods bought when shopping. All of these point directly to important information in forming a good quantitative study.
Discrete variables are those with a finite number. If you are concerned with numbers of days of the week, then this is a ...
Purchase this Solution
Free BrainMass Quizzes
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Basics of corporate finance
These questions will test you on your knowledge of finance.