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Variable

Home » Variable

Variable

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An item of observation that can assume various values, for example, square feet, sales prices, or sales ratios. Variables are commonly described using measures of central tendency and dispersion.

Related Articles:
  • Glossary: Adjustments
  • Glossary: Binary (Dummy) Variable
  • Glossary: Categorical Variable
  • Glossary: Dependent Variable
  • Glossary: Dichotomous Variable
Related Terms:
  • Term: Observation
  • Term: Dispersion
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