discrete. Discrete variables are countable in a finite amount of time. With that said, I believe that currency values are discrete, because we only ever work with terminating decimal fractions of the fundamental unit of a currency, when doing intermediate calculations, and of course the final value must be an integer multiple of the fundamental unit. For example, suppose that the cost of producing a car is 20000 dollars. This situation will give discrete data only since you cannot produce half of a car, three-fourths of a car or two and a half car. What is a Discrete Variable? the amount of money a person spends per year for online purchases. For example, you can count the change in your pocket. And Numerical Data can be Discrete or Continuous: Discrete data is counted, Continuous data is measured . Discrete Data. Discrete Data can only take certain values. A variable whose value can be obtained by counting is known as a discrete variable. But if the question refers to money as currency, then it is discrete, because the smallest denomination we have (in the US) is a penny. lisa_tartagliarizzo. Calculus 3A True/false 29 Terms. Eduardo_Bernal03. length of stretched rubber band. With stepping stones you are either on the 1st stone, or the second stone but it is impossible to be anywhere in between. Discrete vs Continuous variables: Definitions. Continuous does not quite mean "not discrete". I would say "money" is continuous and "currency" is discrete. amount of money in your bank account. number of text messages sent in a year. score on the SAT. Eduardo_Bernal03. discrete. discrete. discrete. Example: the number of students in a class. Vocabulary Unit 1 - Synonyms Grade 5 60 Terms. continuous. Vocabulary Unit 1 - Synonyms Grade 5 60 Terms. continuous. Maybe that's why most sites say both. The table below shows the costs of producing 1, 2, 3, or 4 cars. Discrete and Continuous Data. lisa_tartagliarizzo. ... Discrete + Continuous 17 Terms. In a nutshell, discrete variables are points plotted on a chart and a continuous variable can be plotted as a line. Discrete numbers are like stepping stones, continuous numbers are like a sidewalk. number of coins in a piggy bank. The difference between discrete and continuous variable can be drawn clearly on the following grounds: The statistical variable that assumes a finite set of data and a countable number of values, then it is called as a discrete variable. nagleperkins. So we would pay for one item with $0.33. Data can be Descriptive (like "high" or "fast") or Numerical (numbers). For discrete data, numbers between two data values will make no sense. ... Discrete + Continuous 17 Terms. nagleperkins. Calculus 3A True/false 29 Terms.