Numerical Variables Are Classified as Either Discrete or Continuous

question 38

True/False

Numerical variables are classified as either discrete or continuous.

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Definitions:

Condition Precedent

A condition in a contract that must be met before a party's obligation becomes due.

Certified Cheque

A check for which the bank guarantees the availability of funds by verifying and setting aside the desired amount.

Deposit Monies

Funds placed into an account or given to another party as a security for the performance of a contract.

Account Management

The ongoing process of managing the relationship between a business and its clients to maximize long-term satisfaction and value.