Actuarial Trainee Interview Questions and Answers

Discrete variables can only take on specific values, while continuous variables can take on any value within a range.

• Discrete variables have distinct and separate values, such as number of children in a family.

• Continuous variables can take on any value within a range, such as height or weight.

• Discrete variables are usually counted, while continuous variables are measured.

• Discrete variables often involve integers, while continuous variables involve real numbers.