A company's employee database includes each employee's compensation. a) is this variable discrete or continuous? b) what are the possible values it can take on?

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squishytofu9625 squishytofu9625

06-11-2017
Business

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A company's employee database includes each employee's compensation. a) is this variable discrete or continuous? b) what are the possible values it can take on?

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nobillionaireNobley nobillionaireNobley · Answer 1 · 2017-11-18T16:49:31+01:00

nobillionaireNobley nobillionaireNobley

18-11-2017

A company's employee database includes each employee's compensation.

Part a)

An employees compensation is a continuous variable because it can take fractional values.

Monetary values doest have to be an integer it also takes decimal values.

Part b)

The possible values it can take on are any value in the interval of compensations for the employee's level.

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A​ company's employee database includes each​ employee's compensation. ​a) is this variable discrete or​ continuous? ​b) what are the possible values it can take​ on?

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A company's employee database includes each employee's compensation. a) is this variable discrete or continuous? b) what are the possible values it can take on?