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Discrete data

Business DiscountingDiscrete random variable

Discrete Data
In terms of statistics, this describes variables that assume only particular, distinct values and that are not continuous.

 


Discrete data
Definition: A set of data is said to be discrete if the values / observations belonging to it are distinct and separate, i.e. they can be counted (1,2,3,....).

A bar chart is a graphical tool mainly used to display discrete data and illustrate relative values in a particular data set. A bar chart is especially useful for spotting a trend or a pattern in a given set of data.

See also: Values, Quality assurance, Observation, Expense, Employee benefit

Business DiscountingDiscrete random variable

 
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