Which of the Following Is an Example of a Continuous

question 37

Multiple Choice

Which of the following is an example of a continuous variable?

• A)Family income
• B)Number of students in a statistics class
• C)Zip codes of shoppers
• D)Rankings of baseball teams in a league

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Definitions:

Variety Flexibility

The ability of a manufacturing system or company to quickly adapt its operations to produce a wide range of products.

Capacity Management

The process of planning and controlling the resources needed to meet production demands, ensuring optimal use of facilities and equipment.

Peak Demand Season

The period during which a business experiences the highest level of consumer demand for its products or services, often leading to inventory and supply chain challenges.

Predictable Variability

Variations in demand or supply that can be forecasted with a degree of accuracy based on historical data or patterns.