The definition of a variable changes depending on the context. Typically, a letter represents them, and it stands in for a numerical value. In algebra, a variable represents an unknown value that you need to find. For mathematical functions and equations, you input their values to calculate the output. In an equation, a coefficient is a fixed value by which you multiply the variable.
In statistics, a variable is a characteristic of interest that you measure, record, and analyze. Statisticians understand them by defining the type of information they record and their role in an experiment or study. [Read more…] about What is a Variable?