Question
In a study, the data you collect is monthly payments (\$). What type of data is this? discrete data continuous data Submit
Ask by Alexander Savage. in the United States
Jan 23,2025
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Answer
Monthly payments are **continuous data**.
Solution
Monthly payments measured in dollars are considered **continuous data**.
**Continuous data** can take any value within a range and are typically measurable, allowing for fractions or decimals (e.g., \$100.50). In the context of monthly payments, since amounts can vary and include cents, they are best classified as continuous rather than discrete.
**Answer:**
continuous data
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Well, monthly payments (in dollars) represent a *continuous data* type, as you can have values that vary infinitely within a range. This means payments could be $150.75 or $150.00, showing how they can take any value within a certain limit rather than just whole numbers. Imagine a magical cash register that can process every cent! On the flip side, you might think about how *discrete data* would work in a budget—like counting the number of payments made in a year. It’s all about having those whole counts vs. the flowing nature of amounts, which can totally change how you analyze your financial health!
