👉 In statistics, a "benchmarked" variable is one that has been used to measure performance or quality. This can be an actual value, such as sales volume or customer satisfaction scores, or it could be a theoretical concept, such as the average height of employees in a company. For example, if you were trying to compare the performance of two different teams on a project, your team with the benchmarked variable might be able to measure the quality of their work more accurately than the other team.
