Discrete variables have specific values. Continuous variables can have any values within a continuous range. Random variables are often used in econometric or regression analysis to determine ...

Discrete uniform distribution shows that variables in a range have the same probability of occurring. There are no variations in probable outcomes and the data is discrete, rather than continuous.

Data can be presented in a number of ways, which depends on the type of variable and the uses. Presenter 2: We are going to look at two different types of data called "discrete" and "continuous" data.