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What does relevant domain mean?
The relevant domain is the set of values that the variable in question can take. Some variables, such as age or length, for example, cannot be negative; some variables, such as the number of children in a class must be whole numbers.
Why relevant range important?
outside the relevant range, variable cost and fixed cost behaviors patterns may change
What does relevant frequency mean?
Same meaning as relevant
What do indepedent variable mean?
Independent variable is the variable that you change in an experiment.
What is a standardizing variable?
a standardizing variable is a variable that has a mean of zero and a standard deviation of one .
What is a variable for the number 9?
There is no relevant variable.
Is variable cost a relevant cost?
No. If a variable cost does not differ between alternatives than it is irrelevant.
Variable costs are relevant and fixed costs are irrelevant?
Generally variable costs are relevant costs but if due to any decision fixed costs are also going to affected then fixed costs are also relevant costs.
What does relevant domain mean?
The relevant domain is the set of values that the variable in question can take. Some variables, such as age or length, for example, cannot be negative; some variables, such as the number of children in a class must be whole numbers.
What is Situation-Relevant Confounding Variable?
A situation-relevant confounding variable is a third variable that is related to both the independent and dependent variables being studied, which can lead to a spurious relationship between them. It is crucial to identify and control for situation-relevant confounding variables in research to ensure that the true relationship between the variables of interest is accurately captured.
Anything that can be changed in an experiment that might affect the outcome.?
It is a relevant variable.
Why relevant range important?
outside the relevant range, variable cost and fixed cost behaviors patterns may change
What does relevant frequency mean?
Same meaning as relevant
What does depemdent variable mean in science?
a variable that depend on the independent variable
What do indepedent variable mean?
Independent variable is the variable that you change in an experiment.
What is keeping all conditions the same except for the manipulated variable is called?
Keeping all the relevant conditions in an experiment the same except manipulated variable is called
Will total variable costs increase if the level of activity increases within the relevant range?
yes
