Categorical Data Are More Precise Than Continuous Data

question 30

True/False

Categorical data are more precise than continuous data.

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Definitions:

Triple Bottom Line

A business framework that encourages companies to focus equally on social, environmental, and financial performance, often summarized as people, planet, and profits.

Corporate Social Responsibility

A business model that helps a company be socially accountable—to itself, its stakeholders, and the public—by practicing sustainable and ethical operations.

Public Interest

The welfare or well-being of the general public, often considered in decision-making processes to ensure decisions benefit the majority.

Promotionally Motivated

Describes actions or strategies driven by the desire to promote or market a product, service, or brand to increase visibility and sales.