Exogenous variables are:
A) fixed at the moment they enter the model.
B) determined within the model.
C) the outputs of the model.
D) explained by the model.

Question

Quizplus · Accepted Answer

Exogenous variables are predetermined or fixed at the moment they enter the model and are not explained by the model itself. They are typically used as inputs to the model and are often outside of the control of the modeler.

Exogenous Variables Are