When a variable is determined by a factor outside of the function or model being evaluated, it is said to be A. statistically insignificant. B. exogenous. C. endogenous. D. unexplained.

Let us try to describe exogenous and endogenous variables an exogenous variable value is influenced only by factors outside a model or system and is forced onto the model, while a change in an exogenous variable is known as an exogenous change. Also an endogenous variable is one whose value is influenced only by the system or model under study.

When a variable is determined by a factor outside of the function or model being​ evaluated, it is said to be A. statistically insignificant. B. exogenous. C. endogenous. D. unexplained.

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When a variable is determined by a factor outside of the function or model being evaluated, it is said to be A. statistically insignificant. B. exogenous. C. endogenous. D. unexplained.