Distinguish Between Continuous and Categorical Variables and Give an Example

question 45

Essay

Distinguish between continuous and categorical variables and give an example of each.

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses, taxes, and losses from total revenue, indicating the firm's profitability over a specific period.

Investment Turnover

A measure of the efficiency with which a company or portfolio generates revenue from its investments, calculated as sales divided by average invested assets.

Return On Investment

An evaluation tool for assessing the profit or efficiency of an investment, which involves dividing the investment's net profit by its cost.

Investment Center

A business unit or segment that is responsible for its own revenues, expenses, and investments, and its performance is measured by its return on investment (ROI).