Which One of the Following Statistics Is NOT an Example

question 50

Multiple Choice

Which one of the following statistics is NOT an example of discrete data?

• A) Number of households watching Canadian Idol.
• B) Number of employees reporting in sick.
• C) Distance traveled between Toronto and Ottawa.
• D) Number of members of the York Region Lions Club.
• E) Number of family members.

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Definitions:

Balance Sheet

A financial report detailing a company's financial status at a certain moment, illustrating its assets, liabilities, and shareholders' equity.

Owner's Equity Statement

A financial document that outlines the changes in the ownership interest (equity) of a sole proprietorship or individual owner during a reporting period.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position, including assets, liabilities, and equity, at a specific point in time.

Owner's Equity

The residual interest in the assets of a company after deducting its liabilities, representing the owners' claims against the business.