Explain the differences between the following pairs of terms (a) Continuous and discrete data (b) Ordinal and

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Explain the differences between the following pairs of terms

(a) Continuous and discrete data

(b) Ordinal and nominal data

(c) Time-series and panel data

(d) Noisy and clean data

(e) Simple and continuously compounded returns

(f) Nominal and real series

(g) Bayesian and classical statistics

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