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 ...

A changeable independent variable is defined as one that assumes more than one level during an experimental trial or production run. When the values assumed by the variable are plotted against time, ...

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, ...

Statistical modeling continues to deliver distinct value to businesses both independent of, and in concert with, machine learning. “Artificial intelligence” (AI) and “machine learning” are among the ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Thomas J Catalano is a CFP and Registered Investment ...