In the world of data analysis and statistics, continuous and discrete data play fundamental roles. These two types of quantitative data serve different purposes as people use them to draw valuable ...

This research was motivated by design problems in queueing theory where the objective function is composed of a discrete variable and a continuous variable. Sufficient conditions are developed such ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor ...

This is the ninth in a series of lecture notes which, if tied together into a textbook, might be entitled “Practical Regression.” The purpose of the notes is to supplement the theoretical content of ...

A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . For example, stock prices are discrete random variables, ...