Identify which of the variables are discrete and continuous

Assignment Help Macroeconomics

Reference no: EM13203745

Waters' Edge is a clothing retailer that promotes its products via catalog and accepts customer orders by all of the conventional ways including the Internet. The company has gained a competitive advantage by collecting data about its operations and the customer each time an order is processed.

Among the data collected with each order are: number of items ordered, total shipping weight of the order, whether or not all items ordered were available in inventory, time taken to process the order, customer 's number of prior orders in the last 12 months, and method of payment. For each of the six aforementioned variables, identify which of the variables are discrete and which are continuous.

Reference no: EM13203745

Questions Cloud

Find the length of the suspended cable : Electrical wires suspended between two towers form a catenary modeled by the equation y= 20 cosh x/20 where x and y are measured in meters. The towers are 40 meters apart. Find the length of the suspended cable.

Find the radius of the cone that will result in a surface : A conical paper cup is to have a height of 15 inches. Find the radius of the cone that will result in a surface area of .

Find the time required for an investment : Find the time required for an investment of 5000 dollars to grow to 7100 dollars at an interest rate of 7.5 percent per year, compounded quarterly.

Determine the dimensions of the field : You have 96m of fencing. The field is to be three times as long as it is wide. Define an appropriate variable and set up an equation to determine the dimensions of the field.

Identify which of the variables are discrete and continuous : Waters' Edge is a clothing retailer that promotes its products via catalog and accepts customer orders by all of the conventional ways including the Internet. The company has gained a competitive advantage by collecting data about its operations a..

Define the rabbit population in a forest area grows : The rabbit population in a forest area grows at the rate of 6% monthly. If there are 160 rabbits in April, find how many rabbits

Define are goods x and z substitutes or complements : The demand curve for product X is given by Qxd = 5000 - 5Px - .1Pz where Pz = 50 a. What is the own price elasticity of demand when Px = $100? Is demand elastic or inelastic at this price What would happen to the firm's (total) revenue if it decid..

Find integral of absolute value : Evaluate the integral by interpreting it in terms of areas. In other words, draw a picture of the region the integral represents

How much profit does and individual producer make : Suppose honey is produced in beehive using bees and sugar. Each honey producer uses one beehive which she rents for $1/month. Producing q gallons of honey requires spending q dollars on bees and q^2 on sugar.What is the Total cost of producing q un..

User Account

All Pages