Both in the mathematical sense and in the business world, an independent variable is one that stands alone and is not affected by outside forces. When it comes to evaluating cost in business, ...

Marketing research professionals often use inferential or descriptive statistics to guide major marketing decisions. There are a number of statistical tests that explore the relationship between the ...

Research Methods in Psychology is a standard required course in pretty much any psychology major. In our department at SUNY New Paltz, this is a four-credit class with a large laboratory component.

Sensitivity analysis in finance is a way of looking at the influence of independent variables on dependent ones. Read on to ...

The first step in performing a sensitivity analysis is to choose and configure the independent variable. The ANALYSIS TOOLS: Sensitivity Analysis: Choose Independent Variable screen looks like this: ...

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...