The Assumption of "Strict Exogeneity" in a Regression Model Means

question 23

Multiple Choice

The assumption of "strict exogeneity" in a regression model means that _____.

• A)the dependent variable is binary
• B)all explanatory variables change over time
• C)the model does not include a lagged dependent variable as a regressor
• D)the model includes all relevant explanatory variables

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Definitions:

Intrinsic Motivation

The drive to engage in an activity for its own sake, enjoying the process without needing external rewards.

Creativity

the ability to produce original and valuable ideas or things, often involving thinking or acting outside traditional patterns or rules.

Convergent Thinking

A cognitive process that involves finding a single correct solution to a problem through logical and analytical reasoning.

Divergent Thinking

A mental strategy or technique employed to produce innovative concepts by examining numerous potential answers.