Which statement is an accurate description of discrete variables?
- Discrete variables are qualitative and consist of two or more categories in which order matters.
- They are quantitative with a continuous range of values.
- They are quantitative with a finite set of values.
- They are qualitative and consist of two or more categories of values in which order does not matter.
Answers Explanation & Hints: The accurate statement that describes discrete variables is “They are quantitative with a finite set of values.” Discrete variables are a type of quantitative variable, meaning they are measured numerically. However, unlike continuous variables which can take any value within a given range, discrete variables can only take on a finite set of values. Examples of discrete variables include the number of children in a family, the number of pets a person owns, and the number of siblings a person has.