Discrete data provides a good understanding of the relationships between variables. It is also easier to analyze discrete data because it does not have as much variation.

Robert F. Tate, Correlation Between a Discrete and a Continuous Variable. Point-Biserial Correlation, The Annals of Mathematical Statistics, Vol. 25, No. 3 (Sep ...

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 ...

Technical Terms Fractional Difference Equations: Equations that extend the concept of difference equations to non-integer orders, capturing memory and hereditary effects in discrete systems.