Sure, here is the meaning of “ceteris paribus”:

Ceteris paribus is a Latin phrase that means “other things being equal.” In other words, it is a phrase used to emphasize that certain factors are being held constant while other factors are varied in an experiment or analysis.

Example:

“The effect of caffeine on alertness is ceteris paribus, meaning that the other factors influencing alertness are kept constant.”

In other words:

• The effect of caffeine on alertness is being isolated.
• Other factors that could influence alertness, such as sleep deprivation or fatigue, are not being varied.