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What Does It Mean for a Sociologist to Control for a Variable

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What does it mean for a sociologist to control for a variable?


Definitions:

Net Earnings

The amount of profit that remains after all operating expenses, taxes, and interest are subtracted from total revenue.

Interest Rates

The percentage of a sum of money charged for its use, indicating the cost of borrowing money or the return on invested savings.

Inflation Rates

The pace at which overall prices for goods and services climb, diminishing the value of money.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

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