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There are many and the precise details will depend on who is collecting the variables for what purpose.Among the variables may be:
- a list of product lines
- cost of each product
- "shelf life" of each product
- margin on each line
- selling price for each line
- discount rate for each line
- number of units in stock at the start
- numbers sold during sales
- numbers left after stock
- number of stores/outlets
- number of people coming into stores
- expenditure by customers
- combinations of products.
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Earn +20 ptsQ: What are variables in sales?
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Continue Learning about Math & Arithmetic
What is the differecnce between independent variables and dependent variables?
Every time the independent variables change, the dependent variables change.Dependent variables cannot change if the independent variables didn't change.
What are controlled independent and dependent variables?
control variables: the things that are not changing.Independent variables: the things that you change.Dependent variables: the things that are changed due to the independent variable
Can variables be positive or negative?
both, variables can be anything
Why do you use dummy variables?
to quantify the qualitative variables.
What are constants and how are they are different from variables?
Variables change, constants do not.
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