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, ...
The first step in performing a sensitivity analysis is to choose and configure the independent variable. The ANALYSIS TOOLS: Sensitivity Analysis: Choose Independent Variable screen looks like this: ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
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