Describe discrete and continuous data and give an example for each
What will be an ideal response?
Discrete data form a finite set of values that are distinct from each other: the number of pages in a book or the number of soldiers within a platoon. Continuous data, on the other hand, are not distinguished from each other by a distinct marker but change into each other gradually: the rise and fall of temperature during the day or the weight of a child as he or she grows into adulthood.
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In a 0-1 integer model, the solution values of the decision variables are 0 or 1
Indicate whether this statement is true or false.
On what grounds can the case be made that the Orange County bankruptcy was not a derivative-related failure? On what grounds can a case be made that it was a derivative-related failure?
What will be an ideal response?