An Endogenous Variable Is Typically ________

question 2

Multiple Choice

An endogenous variable is typically ________.

• A)taken as given
• B)strictly explained outside the model
• C)strictly explained inside the model
• D)strictly explained by data
• E)strictly explained by graphical analysis

---

Definitions:

Personal Fable

A belief held by adolescents that their thoughts, feelings, and experiences are unique and not understood by others.

Actuarial Prediction

Predicting an individual’s outcome based on group characteristics, such as predicting how likely an individual is to suffer a heart attack based on the frequency of heart attacks in large samples of people with similar characteristics (same age, gender, socioeconomic status, etc.).

Cognitive Development

The process through which individuals acquire and understand knowledge, develop problem-solving skills, and reason over time.

Diverse Beliefs

The presence and acceptance of a wide range of cultural, religious, and ideological perspectives within a society or group.