Question

The performance of personal and business investments is measured as a percentage, "return on investment." What type of variable is "return on investment"? A. Attribute B. Continuous C. Discrete D. Qualitative

Answer 1

The correct answer is letter "B": Continuous.

Step-by-step explanation:

The Return on Investment (ROI) measures the amount of return on an investment, relative to the investment's cost. To calculate ROI, the return of an investment is divided by its cost. The result is expressed as a percentage which in many cases is called a ratio. The ROI is a continuous variable because it can take an unlimited number of values to measure (different investments).