- Is money discrete data or continuous?
- What kind of variable is money?
- Can money continuous?
- Is money nominal or ordinal?
- Are grades discrete or continuous?
- Is money a ratio or interval?
- Is SSS a nominal?
- Is military title nominal?
- Is weight ordinal or nominal?
- Is social security number discrete?

Because money comes, in clear steps of one cent, it's a discrete variable, as well. In theory, the restaurant could make any amount of money. However, the revenue is still discrete. Because we can think of values that are not possible.

Money. A Numeric variable where the values represent a currency. Treated the same as numeric data except that in some situations the currency symbol is displayed.

Yes. In practice, it depends on the application. However, while money is traditionally rounded to discrete values after a calculation has been made using it as a continuous variable, there are instances where you want the more accurate information.

Ratio scales In essence, a ratio scale can be thought of as nominal, ordinal, and interval scales combined as one. For example, the measurement of money is an example of a ratio scale.

Discrete data is data for which all values on the real number line are not possible – only certain values are possible. For example, the grade you receive in your school exam (A, B, C, D, or E) is an example of discrete data because your grade can only take on one of these 5 possible values and nothing else.

Money is measured on a ratio scale because, in addition to having the properties of an interval scale, it has a true zero point: if you have zero money, this implies the absence of money.

Nominal: Categorical data and numbers that are simply used as identifiers or names represent a nominal scale of measurement. Numbers on the back of a baseball jersey and your social security number are examples of nominal data.

Identify the scale of measurement for the following: military title -- Lieutenant, Captain, Major. Since clothes are categorized and have no inherent order, the scale is nominal.

Weight is measured on the ratio scale. Ratio: exactly the same as the interval scale except that the zero on the scale means: does not exist. For example, a weight of zero doesn't exist, an age of zero doesn't exist.

a quantitative variable with an infinite number of possible levels, limited only by the measuring instrument. Examples are height, weight, and distance. variables at this measurement level are categorical and discrete in nature. Examples include brand of shoes, social security number and gender.

Are blue or Red flames hotter?

Is a battery an example of potential energy?

Are bathtubs good for tornadoes?

Do you include finished basement in square footage?

What size pan is 2 quart?

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