Q: What does decision variable mean?

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Independent variable is the variable that you change in an experiment.

a standardizing variable is a variable that has a mean of zero and a standard deviation of one .

State what the variable represents in the equation.

The variable is the letter, the thing that can be changed.

The outcome is the dependent variable in science experiments.

Related questions

No. If a variable cost does not differ between alternatives than it is irrelevant.

is quantity or item controlled by the decision maker.

Decision variables are the variables within a model that one can control. They are not random variables. For example, a decision variable might be: whether to vaccinate a population (TRUE or FALSE); the amount of budget to spend (a continuous variable between some minimum and maximum); or how many cars to have in a car pool (a discrete variable between some minimum and maximum).

Expected value of a random variable requires that the random variable can be repeated in experiment indefinitely. If the random variable can only be repeated finite times, e.g. once, there is an inadequacy of the expected value principle for a decision maker.

a variable that depend on the independent variable

Independent variable is the variable that you change in an experiment.

Z is a variable with mean 0 and variance 1.Z is a variable with mean 0 and variance 1.Z is a variable with mean 0 and variance 1.Z is a variable with mean 0 and variance 1.

a variable that has changed in an experiment

it's variable

a standardizing variable is a variable that has a mean of zero and a standard deviation of one .

What do you mean by decision-making

A Measured Variable is something that can be controlled.