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exogenous variables

   Also found in: Dictionary/thesaurus, Medical, Financial, Wikipedia 0.01 sec.
exogenous variables [‚ek′säj·ə·nəs ′ver·ē·ə·bəlz]
(mathematics)
In a mathematical model, the independent variables, which are predetermined and given outside the model.


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Independent variables in the model, denoted by the vector X, include all exogenous variables in the descriptive equation (benefits and the vector Z), plus a set of identifying variables discussed below.
Then one regression was conducted from each exogenous variable to MD, and one regression was conducted from each endogenous variable to MD while accounting for the contributions from the upstream exogenous variables.
Among the exogenous variables, only a relatively small number significantly affect the long-term projections of the value of GDP and its demand makeup, as well as the level of employment necessary to produce that GDP.
 
 
 
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