Dependent Variable Definition
Dependent Variable Definition:
A variable that reacts or responds to some causal factor; total cost is the dependent variable, as represented by the letter Y, in the equation: Y = a + bX.
Other Related Accounting Articles:
- Independent Variable Definition
- Regression Line Definition
- Cost Behavior Definition
- Multiple Regression Definition
- Adjusted R2 Definition
- Factor Income
- Variable Cost Definition
- Accounting Equation
- Variable Costing Definition
- Yearly Price of Protection Method
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