Respuesta :

In building an economic model, variables that will be explained by the model are referred to as Endogenous variables.

In a statistical model, an endogenous variable is a variable that is affected or determined by its interactions with other variables. In other words, an endogenous variable is equivalent to a dependent variable and correlates with other elements of the system under investigation. Therefore, various variables may impact its values.

Exogenous variables, or outside influences or independent variables, are the reverse of endogenous variables. But endogenous factors can also be influenced by exogenous influences.

  • Endogenous variables in a statistical model are those whose effects on or determination by relationships with other variables.
  • Endogenous variables can have a positive or negative association with other variables, making them dependent variables.

Learn more about Endogenous variables here

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