Discover how to calculate variable overhead spending variance, its impact on costs, and examples of favorable vs. unfavorable variances in business operations.

A variable is an event, idea, value or some other object or category that a researcher or business can measure. Variables can be dependent or independent. Dependent variables vary by the factors that ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Dependent variables change based on other inputs in financial models, affecting investment outcomes. Independent variables like earnings affect dependent variables, influencing metrics like P/E ratios ...

Journal of the Royal Statistical Society. Series B (Statistical Methodology), Vol. 67, No. 2 (2005), pp. 285-299 (15 pages) The importance of variable selection in regression has grown in recent years ...

Every business has operating expenses — that is, the costs of running the business. These expenses can generally be classified in two ways: Fixed expenses and variable expenses. Understanding the ...