Very useful considering that many variables can be approximated as a continous with a good precision.
Small nitpicking about “or any actual measurement of a continuous quantity”. All actual measurements give rational numbers, therefore they are discrete.
I agree with you. The bolded “or” in the quoted sentence below was accidental (and is now corrected), so this misunderstanding is likely my fault. The other “or” is an inclusive or.
“smooth” distributions over discrete quantities like dates of historical events, dollar amounts on the order of hundreds of thousands, or populations of countries, or any actual measurement of a continuous quantity
Very useful considering that many variables can be approximated as a continous with a good precision.
Small nitpicking about “or any actual measurement of a continuous quantity”. All actual measurements give rational numbers, therefore they are discrete.
I agree with you. The bolded “or” in the quoted sentence below was accidental (and is now corrected), so this misunderstanding is likely my fault. The other “or” is an inclusive or.