The difference in a variable measured over observations (time, customers, items, etc.) is known as
A)observed differences.
B)variation.
C)variable change.
D)descriptive analytics.

Question

Quizplus · Accepted Answer

The difference in a variable measured over observations is known as variation. Observed differences may refer to differences between groups or subgroups, while variable change implies a change in the variable itself. Descriptive analytics refers to the process of analyzing and summarizing data to understand its characteristics and patterns.

The Difference in a Variable Measured Over Observations (Time, Customers