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.

---

Definitions:

Power Elite

A theory that a small group of people, often from the political, military, and economic sectors, hold the majority of power in society.

Class Consciousness

The awareness and understanding that individuals have of their place in a class system, including the interests and struggles associated with their class position.

Conflict Theory

A perspective in sociology that emphasizes the social, political, or material inequalities of a social group, critiquing the broad socio-political system.

Erving Goffman

A Canadian sociologist and writer, known for his detailed analyses of human interactions and presentation of self in everyday life.