Whats The Independent Variable. It will represent the cause or reason for an outcome. There are two types of variables-independent and dependent. An independent variable is defines as the variable that is changed or controlled in a scientific experiment. It is the variable you control.
The variable that an experimenter changes or controls so that they can observe the effects on the dependent variable. What is Financial Modeling Financial modeling is performed in Excel to forecast a company. For example someones age might be an independent variable. The independent variable may be called the controlled variable because. An independent variable is exactly what it sounds like. An independent variable is the variable that is changed or controlled in a scientific experiment to test the effects on the dependent variable.
To illustrate lets assume that a manufacturers production equipment uses a significant amount of electricity.
The dependent variable is dependent on the independent variable. A dependent variable is the variable being tested and measured in a scientific experiment. An independent variable is an input assumption or driver that is changed in order to assess its impact on a dependent variable the outcome. It is called independent because its value does not depend on and is not affected by the state of any other variable in the experiment. An independent variable is defines as the variable that is changed or controlled in a scientific experiment. For example suppose a teacher wants to know how three different studying techniques affect exam scores.