Examlex

Solved

Determine Whether the Quantitative Variable Is Discrete or Continuous

question 92

Multiple Choice

Determine whether the quantitative variable is discrete or continuous.
-The peak shopping time at a pet store is between 8-11:00 am on Saturday mornings. Management at the petstore randomly selected 65 customers last Saturday morning and decided to observe their shopping habits.They recorded the number of items that a sample of the customers purchased as well as the total time thecustomers spent in the store. Identify the types of variables recorded by the pet store.


Definitions:

Group Formation

The process of creating a collective of companies under a parent company for operational, tax, or strategic purposes.

Reporting Entity Concept

An accounting principle that states only entities that impact the economic decisions of users by providing relevant and reliable financial information should prepare and present financial statements.

Related Questions