Determine Whether the Quantitative Variable Is Discrete or Continuous

question 94

Multiple Choice

Determine whether the quantitative variable is discrete or continuous.
-the speed of a car on a Boston tollway during rush hour traffic

• A) continuous
• B) discrete

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Definitions:

Tangible Asset

An asset with physical form and value, such as machinery, buildings, or land.

Goodwill

An intangible asset that arises when a business is acquired for more than the sum of its fair value of identifiable assets and liabilities, representing items like reputation or brand value.

Franchisor

The parent company that develops a product or business process and sells the rights to franchisees.

Business Process

A series of steps performed by a group of stakeholders to achieve a concrete goal, typically involving defining, measuring, analyzing, improving, and controlling processes.