A continuous random variable can assume an uncountably infinite number of values within a given range, differentiating it fundamentally from a discrete random variable which can only take on distinct, ...
Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).
Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Eric's career includes extensive work in both public and ...