Transit dilution (${\delta }_{\mathrm{obs}}={\delta }_{\mathrm{host}}/(1+D)$)

Constant extra light makes an exoplanet transit appear shallower. If the host star supplies out-of-transit observed radiative flux $F_{\star }$ and an unresolved source supplies $F_c$, let $D=F_c/F_{\star }$. Then ${\delta }_{\mathrm{obs}}={\delta }_{\mathrm{host}}/(1+D)$. For $D=1$, a true exoplanet transit depth of $0.010$ appears as $0.005$; ignoring transit dilution gives a radius ratio $\sqrt{0.005}\simeq 0.07071$ instead of $0.10$, under the same uniform-disc assumptions.