Variable interpretation

Variable interpretation involves understanding what a variable represents in a study or analysis. Think of a variable as a labeled container holding information, like age, income, or temperature. When interpreting it, you're clarifying what the data means and how it relates to the questions you're asking. For example, if the variable is "sales revenue," interpretation involves understanding how this figure reflects business performance. Proper interpretation helps make sense of the data’s implications, reveals patterns or relationships, and guides informed decisions. It's about translating numerical or categorical data into meaningful insights relevant to the context.