外がい生せい性せい

noun

exogeneity

Technical term in economics and statistics referring to the property of a variable being determined outside the model and not correlated with the error term.

• 外がい生せい性せいの仮か定ていが満みたされないと、推すい定てい量りょうにバイアスが生しょうじる。

  If the exogeneity assumption is not satisfied, the estimator will be biased.