Rent A clear example of a cost as an independent variable would be monthly rent for retail floor space.

A chi-square (χ2) statistic is a test that is used to measure how expectations compare to actual observed data or model results.

Association vs. Causality Regression analysis can demonstrate that variations in the independent variables are associated with variations in the dependent variable. But regression analysis alone (i.e.

This paper develops a coefficient, referred to as an "effects coefficient," useful for evaluating the effects of independent variables in any linear causal system. The effects coefficient differs from ...

In representing a realationship between a response and a number of independent variables, it is preferable when possible to work with a simple functional form in transformed variables rather than with ...