Surely, we can create formulas to incorporate every conceivable variable and input data to cover basketball teams over just a few months.

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To examine this phenomenon further, I ran multiple regression analyses with the party score as the dependent variable and various institutional data points (controlling for tuition, proportion of students receiving Pell grants, overall enrollment, average SAT scores and whether schools were public or private) as the independent variables.

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Every day that your company operates, you gain better data on monetization, variable costs and other key drivers.

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The Fallujah data-point highlights how the variable distribution of deaths in a war can make it difficult to make estimates.

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If you own or manage a business, you know the variable cost for minutes, texts, and data can grow quickly.

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Much of this data is scattered across the Web and of variable quality.

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The researchers carefully document data on Shariah law-adherence - the independent variable.

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Economists attempt to make the fudge factor as grounded in reality as possible, but instrumental variable analysis inevitably requires the analyst to give short shrift to the hard data and make assumptions about the differences between two populations, and how external factors (like insurance status) affect them.

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