Dependent variables change based on other inputs in financial models, affecting investment outcomes. Independent variables like earnings affect dependent variables, influencing metrics like P/E ratios ...

Explain why probability is important to statistics and data science. See the relationship between conditional and independent events in a statistical experiment. Calculate the expectation and variance ...

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, ...