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:

Specific Performance

A legal remedy requiring a party to perform their part of a contract, rather than simply paying damages for non-performance.

Personal Services

Services provided by individuals that require a personal presence and talent, often relating to care, advice, or aesthetic enjoyment.

Complete Performance

The full execution of duties or services as stipulated in a contract without any deviations or failures.

Discharge Agreement

A legal document that releases parties from their contractual obligations or settles their debts.