The Distinction Between Endogenous and Exogenous Variables Is

question 12

Multiple Choice

The distinction between endogenous and exogenous variables is

• A)that exogenous variables are determined inside the model and endogenous variables are determined outside the model.
• B)dependent on the sample size: for n > 100, endogenous variables become exogenous.
• C)depends on the distribution of the variables: when they are normally distributed, they are exogenous, otherwise they are endogenous.
• D)whether or not the variables are correlated with the error term.

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Definitions:

Classical Conditioning

A conditioning process where two stimuli are paired together multiple times, leading to a response that was first triggered by the second stimulus to later be triggered by the first stimulus.

Unconditioned Stimulus

In traditional conditioning, a stimulus inherently and spontaneously elicits a reaction without needing prior knowledge.

Lime Margaritas

A cocktail made with lime juice, tequila, and triple sec, often served with salt on the rim of the glass.

Illness

A state of being in poor health due to disease, infection, or another medical condition, impacting an individual's well-being and functional abilities.