Should Both Favorable and Unfavorable Variances Be Investigated, or Only

question 170

Essay

Should both favorable and unfavorable variances be investigated, or only the unfavorable ones? Explain.

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Definitions:

Dependent Variable

In an experiment or study, the variable that is being tested and measured, which changes in response to the independent variable.

Upsloping Line

A line on a graph that shows an increase in the value of a variable on the vertical axis as the value of a variable on the horizontal axis increases, typically seen in supply curves.

Independent Variable

A variable in an experiment or model that is manipulated or changed to observe its effect on a dependent variable.

Dependent Variable

The variable in an experiment or study that is expected to change in response to changes in the independent variable.