An Extraneous Variable Is

question 121

Multiple Choice

An extraneous variable is:

• A) Any variable other than the independent variable that might influence the dependent variable.
• B) A variable that was left out of the study because it was irrelevant.
• C) A dependent variable that is redundant with the other dependent variables.
• D) Any variable other than the dependent variable that might influence the independent variable.

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Definitions:

Breakeven Analysis

The calculation to determine the number of products or services a business needs to sell to cover its costs, identifying the point at which revenue equals expenses.

Total Cost

The aggregate sum of all expenses associated with producing a good or providing a service, including fixed and variable costs.

Variable Costs

Expenses that vary directly with the level of production or sales volume.

Production

Use of resources, such as people and machinery, to convert materials into finished goods and services.