Discuss the Difference Between a Continuous Metric and a Discrete

question 34

Essay

Discuss the difference between a continuous metric and a discrete metric, give examples of each, and list the common control charts associated with each.

Understand the process and implications of buying stocks on margin and the impact of varying margin requirements.

Grasp the concept of short selling, including its mechanics, risks, and profit potential.

Recognize the various types of orders investors can place in the stock market and their strategic uses.

Understand the structure and function of electronic communication networks (ECNs) and their advantages over traditional markets.

---

Definitions:

Inventory

The total amount of goods or materials held in stock by a business, crucial for meeting customer demand and ensuring smooth operations.

Classification Method

A systematic approach in categorizing data or items based on shared characteristics or criteria.

Contribution To Profit

The measure of how individual products, services, or business units add to the overall profit of a company.

Quadrant Model

A strategic planning tool that divides information, risks, or activities into four quadrants to facilitate analysis and decision-making.