Discrete data is qualitative data. Continuous data is quantitative data. Simply put, discrete values are finite, and ...

The maximum likelihood (ML) procedure is used to estimate the correlation between a discrete and a continuous variable. The discrete variable is assumed to be a classification of an unobservable ...

In a split-sample contingent valuation study of willingness to pay (WTP) for food safety improvements, the dichotomous choice (DC) elicitation method consistently generated much larger estimates of ...