Question

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?

Answer 1

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.