Which of the Following Is a Continuous Quantitative (Numerical) Variable

question 22

Multiple Choice

Which of the following is a continuous quantitative (numerical) variable?

• A) The color of a student's eyes
• B) The number of employees of an insurance company
• C) The amount of milk produced by a cow in one 24-hour period
• D) The number of gallons of milk sold at the local grocery store yesterday

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Definitions:

Net Operating Income

The total profit of a company after operating expenses are subtracted from total revenue but before taxes and interest are deducted.

Common Fixed Expenses

Fixed costs that are not directly tied to the level of goods or services produced by the business, such as rent, utilities, and salaries of administrative staff.

Sales Territories

The division of a market or customer base into specific areas, each managed by a sales representative or team, to optimize sales and marketing efforts.

Segmented Income Statement

An income statement broken down into parts or segments, typically showing revenues, expenses, and profits for individual units, products, or departments within an organization.